Full text of H.6 Money Stock Measures : Money Stock Revisions
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March 9, 199 2 MONEY STOCK REVISIONS The attached historical data on the money stock reflect revisions from the annual benchmark and seasonal factor review. Monthly data for most items are shown from 1959 to 1991, and weekly figures for Ml and its components are shown from 1975 to 1991. Weekly figures for M2 and M3 are shown only for the period from 1981 to 1991, although weekly data for some individual components of the broader aggregates are shown for earlier years as well. Weekly data are based on weeks ended on Monday to correspond with the reporting cycle under contemporaneous reserve requirements. No data prior to 1975 have been constructed on the week-ended Monday basis. Data for the monetary aggregates have been benchmarked using call reports through September 1991 and other sources. These bench mark revisions boosted the growth rate of M2 by .2 percent over 1991, but had no effect on the annual growth rate of M3. The benchmark incorporates corrections for the previous misreporting of brokered time deposits by several large banks. Previously, these deposits had been misclassified as large time deposits, rather than as small time deposits. The reclassification of these deposits boosted both the level and growth rate of M2 in 1991, without affecting M3 as a whole. The benchmark also resulted in substantial upward revisions to IRA/Keogh accounts at credit unions since mid-1990. Because these accounts are netted out of small time deposits, the effect was to lower non-Mi M2; however, this effect was more than offset by upward revisions in other components of M2. In addition, there were some other minor downward revisions to non-M2 M3. Seasonal factors for the monetary aggregates have been revised using the X-11-ARIMA procedure that has been employed for this purpose since 1982. Following the method introduced last year, seasonal factors for deposit series, beginning with January 1990, have been constructed with data aggregated across banks and thrifts. Owing to changes in the deposit reports (FR2900) effective September 17, 1991, the series for savings deposits and MMDAs have been combined. Beginning with January 1990, seasonal factors have been constructed from this combined series. Up to December 1989, each of the four series--savings deposits at banks, savings deposits at thrifts, MMDAs at banks and MMDAs at thrifts --continues to be seasonally adjusted individually. Through that date, the four adjusted bank and thrift series are then summed to yield the seasonally adjusted total savings deposits and MMDAs. Overall, the revisions to seasonal factors had little effect on the broad pattern of growth during 1991, though some growth was redistributed from the first half to the second half of the year. For example, over the second half of 1991, the revised seasonal factors raised Ml growth by 0.5 percent, M2 growth by 0.3 percent, and M3 growth by 0.4 percent, while the growth rates over the first half of 1991 were reduced by like amounts. Computer tapes and floppy diskettes containing these historical data on the money stock are available from National Technical Information Service, U.S. Department of Commerce, 5285 Port Royal Road, Springfield, Virginia 22161, telephone (703) 487-4807. These monthly historical data for Ml, M2, M3, and total nonfinancial debt also are available from the Economic Bulletin Board of the U.S. Commerce Department. Call (202) 377-1986 for information on how to access the Economic Bulletin Board. TABLE 1 MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS -NUI ^tA^UINMLLY btAbUNALLY AU JUbltU CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 1959 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1960 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1961 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 138.9 139.4 139.8 139.7 140.7 141.2 141.7 141.9 141.0 140.5 140.4 140.0 140.0 139.9 139.8 139.6 139.6 139.6 140.2 141.3 141.2 141.0 140.9 140.7 141.1 141.6 141.9 142.2 142.7 142.9 143.0 143.5 143.8 144.2 144.8 145.2 Ml+OVERNIGHT RP'S, EUROS, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 286.7 287.8 289.1 290.2 292.3 294.0 295.3 296.4 296.5 296.6 297.2 297.8 298.3 298.6 299.3 300.1 301.0 302.2 304.3 306.9 308.2 309.6 311.0 312.4 314.2 316.6 318.2 320.0 322.3 324.2 325.7 327.6 329.4 331.2 333.5 335.5 M2 + LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 289.0 290.1 291.3 292.4 294.5 296.1 297.5 298.5 298.6 298.6 299.2 299.8 300.3 300.6 301.3 302.2 303.1 304.3 306.5 309.3 310.8 312.3 313.8 315.3 317.4 320.0 321.8 323.8 326.6 328.7 330.6 332.7 334.5 336.6 339.0 341.1 M3+OTHER LIQUID ASSETS 374.4 374.8 376.2 377.6 380.6 383.1 385.7 387.7 388.1 388.4 389.0 388.7 389.9 390.8 391.7 392.3 392.7 394.3 396.5 398.2 400.2 401.6 402.6 403.7 406.0 408.3 409.7 412.0 414.6 416.6 418.9 420.7 422.4 425.1 428.2 430.8 CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 142.2 139.4 138.5 139.8 138.7 139.5 140.3 140.0 140.4 140.7 141.8 143.6 143.3 139.8 138.5 139.8 137.7 138.0 138.9 139.4 140.6 141.3 142.4 144.5 144.5 141.6 140.6 142.4 140.6 141.2 141.6 141.5 143.1 144.4 146.3 149.2 Ml+OVERNIGHT RP'S, EUROS, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 289.8 287.7 287.9 290.2 290.2 292.5 294.5 294.8 296.1 296.9 297.9 300.7 301.5 298.5 298.2 300.3 298.9 300.9 303.5 305.3 307.9 310.0 311.7 315.3 317.5 316.7 317.2 320.3 320.1 322.8 324.9 325.9 328.8 331.5 334.1 338.6 M2 + LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 292.0 289.9 290.2 292.5 292.5 294.8 296.7 297.0 298.2 298.9 299.8 302.5 303.4 300.5 300.2 302.5 301.1 303.1 305.9 307.7 310.4 312.6 314.3 318.0 320.5 320.0 320.8 324.3 324.5 327.6 330.1 331.1 334.1 336.8 339.3 343.7 M3+OTHER LIQUID ASSETS 377.5 375.7 375.7 378.4 379.3 381.5 384.7 386.4 386.8 387.8 389.0 390.7 393.0 391.9 391.4 393.3 391.5 392.8 395.5 397.0 398.9 401.0 402.6 405.8 409.1 409.4 409.6 413.1 413.4 415.1 417.8 419.2 421.0 424.4 428.1 432.9 TABLE 1 MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS —I>IU1 CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 1 9 6 2 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1 9 6 3 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1 9 6 4 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 145.3 145.7 146.0 146.4 146.9 146.6 146.5 146.6 146.3 146.8 147.3 147.9 148.3 148.9 149.2 149.7 150.4 150.5 151.4 151.8 152.0 152.6 153.7 153.4 153.8 154.3 154.5 154.8 155.4 155.7 156.9 157.9 158.8 159.3 160.0 160.4 Ml+OVERNIGHT R P ' S , EUROS, G/PSB/D MMMFS MMDAS, SAV & SM. TIME DEP 337.7 340.3 343.0 345.6 347.5 349.1 351.0 352.9 354.7 357.3 359.9 362.7 365.4 368.0 370.5 373.4 376.1 378.3 381.2 383.7 385.8 388.5 391.7 393.3 395.5 397.7 399.6 401.8 404.3 406.9 410.2 413.4 416.6 419.3 422.3 424.8 M2 + LARGE TIME DEP, TERM R P ' S , EUROS AND INSTITUTION ONLY MMMFS 343.3 346.2 349.3 352.2 354.2 356.1 358.1 360.1 362.2 365.2 368.1 371.5 374.5 377.3 380.1 383.2 386.2 388.5 391.6 394.5 397.0 400.1 404.0 406.1 408.8 411.4 413.5 415.9 418.9 421.9 425.6 429.1 432.7 436.1 439.5 442.5 M3+OTHER LIQUID ASSETS 433.8 436.6 440.2 443.5 445.8 448.4 450.4 453.2 455.6 457.5 462.0 466.1 469.0 472.6 475.5 478.2 481.7 484.0 486.8 490.8 494.6 497.0 501.6 503.8 506.3 508.9 511.0 513.7 517.2 520.8 523.7 526.3 530.8 534.5 537.7 540.4 CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 148.9 145.6 144.7 146.7 144.6 144.9 145.1 144.5 145.5 147.0 148.8 152.0 152.1 148.7 147.9 150.1 147.9 148.7 149.9 149.5 151.1 152.9 155.2 157.6 157.9 153.9 153.1 155.3 152.7 154.0 155.5 155.5 157.9 159.8 161.6 164.9 dCADUDMLLT Ml+OVERNIGHT R P ' S , EUROS, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 341.2 340.3 342.1 346.0 345.1 347.7 350.1 351.0 354.0 357.6 360.5 365.8 369.1 368.1 369.8 373.9 373.4 376.8 380.3 381.5 384.9 388.8 392.3 396.5 399.6 397.7 398.9 402.5 401.3 405.4 409.4 411.2 415.8 419.9 423.0 428.4 M2 + LARGE TIME DEP, TERM R P ' S , EUROS AND INSTITUTION ONLY MMMFS 346.5 346.2 348.5 352.7 352.1 355.0 357.4 358.3 361.6 365.4 368.3 374.1 378.0 377.3 379.5 383.9 383.9 387.4 390.9 392.5 396.1 400.2 404.1 408.7 412.7 411.4 412.9 416.9 416.5 420.8 424.9 427.0 431.8 436.3 439.7 445.5 M3+OTHER LIQUID ASSETS 436.9 437.7 440.3 444.9 444.7 447.0 449.0 451.5 453.9 456.6 461.9 468.1 472.2 473.9 475.9 479.7 480.6 482.6 485.1 488.9 492.6 496.0 501.5 505.8 509.9 510.2 511.6 515.6 516.1 519.3 521.8 524.2 528.8 533.6 537.8 542.8 TABLE 1 MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS NOT SEASONALLY ADJUSTED SEASONALLY ADJUSTED Ml — CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 1965 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1966 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1967 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 160.8 161.0 161.5 162.1 161.8 162.3 163.1 163.7 164.9 166.0 166.8 167.9 169.1 169.7 170.5 171.9 171.4 171.6 170.4 170.9 172.0 171.2 171.4 172.1 171.9 173.0 174.9 174.3 175.7 177.1 178.2 179.8 180.7 181.7 182.4 183.3 -M2 Ml+OVERNIGHT RP'S, EURO$, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 427.8 430.5 433.1 435.6 437.1 439.9 442.9 445.7 449.2 452.8 456.0 459.4 462.4 464.6 467.0 469.4 470.0 471.0 470.9 472.7 475.3 476.1 477.5 480.0 482.0 485.0 489.3 492.2 497.2 501.9 506.6 511.1 514.8 518.6 521.2 524.4 M3 M2 + LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 446.2 449.1 451.9 454.6 456.5 459.7 463.3 466.7 470.8 475.2 478.6 482.3 485.6 487.8 490.6 494.2 495.5 497.0 497.9 499.7 502.2 501.9 502.2 505.1 509.5 514.3 519.6 522.6 527.7 533.1 537.9 543.0 547.0 550.9 553.8 557.1 L — M3+OTHEI LIQUID ASSETS 543.7 546.8 550.3 553.7 556.6 560.7 565.0 568.5 572.3 576.8 580.8 584.5 588.5 591.2 594.2 598.4 600.3 602.0 602.5 604.1 607.1 608.9 611.5 614.8 618.2 622.3 627.5 630.0 634.1 638.9 643.2 649.0 653.8 658.4 662.2 666.6 M1 CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 165.3 160.3 159.9 162.6 158.8 160.6 161.8 161.3 164.0 166.5 168.3 172.7 173.9 168.7 168.8 172.5 168.1 170.1 169.3 168.4 171.1 171.6 172.9 177.0 176.6 171.7 172.9 174.8 172.3 175.7 177.2 177.2 179.9 182.0 183.9 188.5 M2 Ml+OVERNIGHT RP'S, EUROS, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 432.4 430.2 432.3 436.3 433.7 438.4 442.1 443.3 448.5 453.7 456.7 463.2 467.1 463.8 465.9 470.2 466.3 469.7 470.4 470.2 474.7 477.0 478.2 483.8 486.4 483.6 488.2 493.0 493.4 501.0 506.3 508.7 514.3 519.3 521.7 528.0 M3 M2 + LARGE TIME DEP, TERM RP'S,. EUROS AND INSTITUTION ONLY MMMFS 450.5 448.9 451.3 455.7 453.7 458.5 462.6 464.5 469.8 475.4 478.7 485.6 490.1 487.2 489.9 495.4 492.3 495.8 497.3 497.6 501.3 502.1 502.5 508.7 513.7 513.1 518.7 523.8 524.6 532.1 537.4 540.9 546.3 550.9 554.2 560.9 L M3+OTHER LIQUID ASSETS 547.8 547.9 550.9 555.8 555.2 559.1 562.9 566.1 570.3 575.8 580.7 587.1 592.9 592.2 594.9 600.7 598.7 600.2 600.3 601.7 605.2 607.9 611.5 617.5 622.2 622.7 628.2 632.4 632.4 637.3 641.3 646.7 652.1 657.4 662.3 669.6 TABLE MONEY STOCK MEASURES , M ) LIQUID ASSETS BILLIONS OF DOLLARS ._. SEASONALLY ADJUSTED M 1 CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 1 9 6 8 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1 9 6 9 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1 9 7 0 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 18<+. 1 184.8 185.5 186.7 188.1 189.5 190.6 191.9 192.8 194.1 196.1 197.5 198.7 199.4 200.1 200.8 200.9 201.4 201.7 201.8 202.2 203.0 203.6 204.0 206.5 205.1 205.8 206.7 207.3 207.6 208.1 210.0 211.9 212.9 213.7 214.5 M2 Ml+OVERNIGHT RP'S, EUROS, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 527.3 530.1 532.8 535.9 539.0 542.6 546.0 549.9 553.8 558.1 562.2 566.4 569.4 571.7 574.0 576.0 576.6 578.5 579.9 580.6 582.3 583.9 587.0 589.6 591.5 588.4 589.3 590.9 594.0 597.2 600.4 606.1 612.4 617.6 622.3 628.1 M3 M2 + LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 560.4 563.5 566.4 569.1 572.3 575.9 581.0 586.5 591.0 596.6 601.4 606.3 608.2 608.9 610.1 611.4 611.6 612.1 610.6 608.6 609.0 609.6 613.1 615.1 615.5 613.2 615.5 620.7 624.7 627.3 635.7 644.8 654.4 662.3 669.2 677.4 L-- .__ M3+OTHEI 1 LIQUID ASSETS 672.0 676.1 680.2 684.4 688.9 694.6 701.0 707.4 713.0 719.4 724.0 729.0 733.1 736.5 740.3 743.8 744.4 746.8 746.8 747.6 750.9 753.4 759.3 763.6 766.2 765.8 768.6 773.2 777.0 779.8 787.0 794.0 800.1 806.1 810.6 816.3 N oT M 1 CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 188.9 183.1 183.6 187.3 184.6 188.3 189.9 189.5 191.9 194.3 197.7 202.9 203.9 197.4 197.9 201.6 197.4 200.2 201.3 199.5 201.3 203.0 205.1 209.4 210.9 202.1 203.6 208.1 204.3 207.0 208.2 208.1 210.9 212.3 214.6 220.2 SEASONALLY ADJUSTED M2 Ml+OVERNIGHT RP'S, EUROS, G/PSB/D MMMFS MMDAS, SAV & SM. TIME DEP 531.7 528.2 531.6 536.9 535.5 542.3 546.3 547.6 553.2 558.5 562.6 569.8 573.6 569.2 572.9 577.5 573.6 578.8 580.7 578.5 581.4 583.8 586.8 592.4 593.9 585.6 589.6 594.9 593.1 599.5 602.7 604.4 610.0 615.3 619.7 629.3 M3 M2 + LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 564.5 561.5 565.5 570.6 569.3 575.4 580.7 584.5 590.2 596.5 601.9 610.1 612.1 606.3 609.0 613.3 608.9 612.1 610.7 606.7 608.1 609.4 613.1 618.3 618.3 610.4 615.8 624.3 623.8 629.1 637,2 643.6 652.8 660.6 666.5 678.3 L M3+OTHER LIQUID ASSETS 675.8 675.9 681.1 687.3 687.5 693.1 698.9 705.0 711.1 718.0 724.2 732.0 736.9 736.2 741.7 747.1 743.4 745.4 744.9 745.1 748.9 751.7 759.0 766.0 768.5 764.7 771.0 777.7 776.5 780.3 786.6 792.6 797.8 803.6 808.5 816.9 TABLE 1 MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS N0T SEASONALLY ADJUSTED M1 CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 1971 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1972 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1973 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 215.8 217.5 218.9 220.1 222.1 223.6 225.0 225.7 226.5 227.3 227.9 228.4 230.4 232.4 234.4 235.5 235.9 236.8 238.8 241.0 243.2 245.1 246.4 249.3 251.8 252.2 251.7 252.7 255.0 256.8 257.6 257.8 257.9 259.1 261.1 262.9 M2 Ml+OVERNIGHT RP'S, EUROS, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 634.4 642.5 651.3 661.1 669.2 674.8 681.3 687.4 694.4 700.4 706.9 712.7 720.0 728.0 735.8 741.7 746.4 752.7 762.4 771.8 780.9 789.5 796.7 805.2 813.8 817.8 818.8 823.6 830.7 837.3 841.2 843.7 844.6 848.5 854.5 861.0 M3 M2 + LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 685.3 695.8 706.1 715.1 723.6 730.3 738.2 744.1 751.7 760.1 768.3 776.2 783.5 792.9 800.3 809.0 816.4 824.8 835.5 846.7 856.3 865.7 875.7 886.1 895.8 906.1 914.8 923.2 932.7 940.9 950.4 959.1 965.9 972.1 977.6 985.0 L — M3+OTHEI LIQUID ASSETS 823.2 830.8 838.2 846.0 852.3 858.9 868.8 875.0 881.1 888.1 895.2 903.0 911.2 921.0 929.6 938.6 946.2 955.1 965.6 976.9 987.0 997.9 1010.7 1023.0 1034.1 1045.6 1054.8 1065.2 1076.7 1087.6 1098.6 1108.9 1117.1 1126.0 1134.1 1142.6 M1 CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 220.4 214.4 216.5 221.5 218.9 223.0 225.2 223.7 225.4 226.7 228.9 234.6 235.1 229.0 231.8 236.9 232.3 236.3 239.2 238.8 242.0 244.3 247.8 256.3 256.5 248.5 248.9 254.1 250.9 256.5 258.2 255.7 256.6 258.4 262.8 270.3 SEASONALLY ADJUSTED M2 Ml+OVERNIGHT RP'S, EUROS, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 636.8 639.5 651.6 665.4 668.3 677.7 684.3 685.7 691.7 697.7 703.8 713.6 722.0 724.6 736.2 746.5 745.3 756.3 766.1 770.2 777.9 786.4 793.4 806.0 815.4 813.8 819.2 828.9 829.4 841.3 845.6 842.4 841.4 845.3 851.4 862.0 M3 M2 + LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 688.5 692.7 706.3 718.9 722.8 732.2 739.9 743.2 750.1 758.4 765.0 776.7 786.2 789.3 800.6 813.2 815.5 827.2 837.9 846.2 854.8 863.7 872.0 886.3 897.9 901.8 914.7 927.9 931.7 943.6 953.3 959.6 965.1 970.3 973.9 985.3 L M3+OTHER LIQUID ASSETS 826.0 829.1 839.9 850.4 851.7 859.8 869.0 873.7 879.0 886.0 892.5 903.5 913.7 918.5 931.1 943.3 945.5 956.5 966.4 975.8 984.9 995.8 1008.0 1023.7 1036.4 1042.5 1056.2 1070.1 1075.6 1088.6 1099.2 1108.1 1115.6 1124.6 1131.9 1143.6 TABLE 1 MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 1974 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1975 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1976 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 264.1 265.4 266.8 267.2 267.7 268.6 269.5 270.1 271.2 272.5 273.8 274.4 274.0 274.8 276.7 276.2 278.9 282.7 283.4 284.7 285.7 285.2 287.8 287.6 288.8 291.0 292.4 294.1 296.1 296.0 297.1 299.0 299.7 302.9 303.6 306.4 Ml+OVERNIGHT RP'S, EUROS, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 865.7 870.4 876.6 879.3 881.6 884.8 888.4 891.1 895.2 900.3 905.5 908.6 912.4 920.2 931.4 941.5 954.5 969.4 981.4 989.8 998.6 1004.7 1014.9 1023.3 1034.0 1047.9 1057.1 1068.3 1082.0 1086.3 1095.6 1108.9 1120.9 1136.1 1148.7 1163.7 M2 + LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 993.2 1002.6 1010.8 1021.0 1029.6 1037.9 1044.3 1048.5 1053.3 1059.0 1064.3 1070.4 1075.6 1082.8 1090.4 1096.0 1106.6 1118.8 1128.3 1135.0 1145.9 1153.6 1165.1 1172.2 1182.2 1194.1 1204.4 1216.5 1229.1 1236.1 1246.3 1258.7 1268.4 1282.0 1295.0 1311.8 M3+OTHER LIQUID ASSETS 1153.0 1166.2 1176.1 1187.0 1196.9 1206.2 1213.7 1220.7 1230.0 1237.7 1243.1 1250.3 1255.0 1260.2 1268.3 1275.4 1287.6 1300.1 1310.2 1320.6 1333.1 1343.6 1358.2 1367.0 1379.8 1393.9 1404.6 1416.8 1430.7 1440.4 1452.7 1463.5 1472.1 1487.5 1500.5 1516.6 CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 268.7 261.2 263.6 268.6 263.4 268.4 270.4 268.1 269.8 271.9 275.8 282.0 278.5 270.0 273.0 277.8 274.5 282.4 284.5 282.9 284.4 285.0 290.1 295.5 293.2 285.4 287.9 296.2 291.5 295.7 298.6 297.2 298.7 303.1 305.8 314.7 Ml+OVERNIGHT RP'S, EUROS, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 866.9 865.9 876.5 884.9 880.1 888.9 893.1 890.2 892.1 897.3 902.7 909.7 913.5 915.0 930.6 947.5 952.9 973.3 986.3 989.0 995.8 1002.6 1012.1 1024.4 1035.0 1041.6 1055.4 1075.0 1080.1 1089.9 1100.8 1108.3 1118.9 1135.0 1145.8 1165.0 M2 + LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 994.7 997.3 1010.1 1025.7 1028.5 1040.4 1047.6 1049.7 1052.9 1057.5 1060.8 1071.2 1077.0 1076.6 1089.0 1101.1 1105.2 1121.6 1132.2 1135.9 1144.8 1152.1 1162.0 1173.8 1183.5 1187.2 1202.6 1222.1 1227.1 1238.4 1250.5 1259.1 1267.3 1281.1 1292.5 1314.2 M3+OTHER LIQUID ASSETS 1155.7 1162.3 1176.9 1192.0 1195.5 1206.6 1214.6 1220.5 1228.7 1236.8 1241.4 1251.7 1257.5 1255.3 1268.0 1280.8 1286.0 1300.7 1312.0 1319.8 1330.8 1342.7 1357.0 1369.4 1382.6 1388.5 1404.2 1423.3 1428.7 1440.3 1454.6 1461.9 1469.5 1486.8 1499.4 1519.7 TABLE 1 MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS Ml CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 1977 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1978 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1979 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 309.2 311.6 313.7 316.1 316.7 318.3 320.6 322.2 324.4 327.5 329.3 331.3 334.9 335.5 337.0 340.3 343.7 345.8 347.7 349.5 353.3 354.5 356.2 358.4 358.9 360.1 362.8 368.0 368.0 372.8 376.6 378.8 381.2 382.0 382.1 382.7 M2 Ml+OVERNIGHT RP'S, EURO$, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 1177.1 1188.4 1199.5 1211.1 1221.7 1230.2 1241.1 1250.3 1260.4 1270.2 1278.3 1286.6 1296.2 1301.3 1308.6 1317.0 1326.1 1333.3 1341.8 1350.0 1363.3 1372.8 1379.5 1388.7 1395.2 1401.7 1412.1 1426.4 1433.9 1448.2 1460.5 1470.8 1482.7 1488.5 1490.5 1496.7 M3 M2 + LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 1323.8 1335.8 1348.2 1360.8 1374.9 1387.3 1401.7 1414.5 1428.1 1443.4 1458.2 1472.5 1487.2 1498.2 1513.1 1528.3 1543.7 1554.5 1568.4 1582.2 1597.5 1612.1 1630.2 1646.4 1658.0 1669.8 1683.5 1699.0 1708.8 1725.9 1742.8 1759.2 1780.6 1793.3 1794.7 1802.8 L M3+OTHER LIQUID ASSETS 1530.1 1545.9 1560.3 1575.7 1590.4 1605.2 1621.4 1637.9 1652.9 1669.6 1687.8 1705.2 1722.9 1736.0 1750.8 1767.9 1784.1 1796.2 1812.0 1828.4 1847.0 1864.7 1887.6 1910.5 1924.7 1940.0 1961.0 1983.9 1999.9 2027.6 2046.1 2063.2 2088.3 2103.2 2105.6 2115.8 Ml CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 313.7 305.1 308.3 318.7 311.7 317.9 322.3 320.4 323.8 328.0 331.5 340.2 339.4 328.0 331.0 343.5 338.4 345.3 349.7 347.7 352.9 355.1 358.6 368.1 363.4 352.0 356.3 371.6 362.5 372.1 378.5 377.1 380.7 382.7 384.8 393.3 M2 Ml+OVERNIGHT RP'S, EUROS, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 1178.1 1180.9 1197.0 1218.4 1219.1 1233.0 1246.4 1249.6 1259.2 1270.3 1276.0 1289.0 1297.7 1292.7 1305.0 1324.1 1322.3 1335.1 1347.0 1349.6 1362.8 1373.9 1378.2 1392.6 1397.2 1392.3 1407.7 1432.9 1429.0 1449.0 1465.5 1470.8 1482.5 1490.3 1490.1 1501.9 M3 M2 + LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 1325.1 1328.2 1345.8 1366.8 1371.9 1388.8 1405.8 1414.6 1427.4 1443.4 1456.9 1476.8 1489.3 1490.1 1510.2 1533.4 1539.1 1554.1 1571.7 1582.4 1597.4 1613.0 1630.9 1652.9 1660.6 1661.6 1680.0 1703.1 1702.9 1723.7 1745.1 1759.8 1781.1 1795.3 1797.0 1810.6 L M3+OTHER LIQUID ASSETS 1533.0 1539.7 1559.3 1583.0 1588.0 1604.8 1623.8 1635.8 1650.1 1669.2 1687.3 1709.8 1726.7 1729.6 1749.6 1774.7 1780.7 1794.6 1813.8 1825.9 1844.5 1864.6 1888.5 1916.6 1929.2 1934.0 1959.6 1989.8 1996.0 2024.8 2046.5 2060.0 2085.7 2103.5 2107.6 2123.0 TABLE 1 MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 1980 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1981 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1982 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 386.1 589.8 589.2 583.7 585.1 588.4 592.9 400.2 405.8 410.4 415.2 408.8 411.7 414.4 419.0 427.5 424.0 424.1 426.1 427.8 428.4 429.7 432.8 436.5 443.6 441.2 442.2 447.0 446.3 447.1 447.6 452.0 458.0 466.4 472.4 474.6 Ml+OVERNIGHT RP'S, EUROS, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 1507.3 1520.3 1527.1 1523.8 1532.5 1552.1 1572.8 1589.9 1604.5 1617.0 1629.5 1629.5 1659.7 1651.1 1670.0 1690.9 1696.1 1704.9 1717.7 1754.4 1745.4 1760.1 1776.8 1792.9 1811.9 1814.8 1827.0 1840.6 1852.1 1862.9 1874.5 1895.1 1909.0 1924.5 1957.9 1951.9 M2 ♦ LARGE TIME DEP, TERM RP'S, EURO$ AND INSTITUTION ONLY MMMFS 1818.8 1859.1 1848.1 1849.6 1860.6 1878.7 1899.0 1917.2 1929.6 1948.0 1970.4 1987.0 2015.6 2052.2 2050.1 2075.4 2090.6 2106.1 2128.5 2149.9 2169.0 2189.2 2211.1 2255.6 2258.4 2267.6 2285.9 2509.4 2525.0 2359.5 2355.7 2379.6 2396.9 2417.8 2431.9 2440.6 M3+OTHER LIQUID ASSETS 2154.5 2156.6 2169.6 2180.6 2195.6 2204.4 2218.7 2241.5 2258.5 2277.5 2503.6 2325.8 2555.5 2578.2 2590.5 2411.5 2451.5 2451.5 2475.2 2499.0 2524.0 2549.7 2575.7 2596.2 2625.1 2646.6 2666.6 2690.7 2709.8 2728.6 2748.4 2771.7 2787.0 2816.0 2850.7 2850.4 CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 590.7 580.9 582.4 587.1 577.8 587.6 594.8 598.5 404.9 411.0 416.1 419.8 416.5 405.7 412.5 451.5 418.6 425.0 427.9 426.1 427.5 429.8 455.2 447.2 448.7 452.6 455.9 451.5 441.1 446.6 449.6 450.0 456.4 466.0 474.6 486.0 Ml+OVERNIGHT RP'S, EUROS, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 1509.7 1509.9 1522.2 1529.6 1526.8 1552.5 1577.8 1590.1 1605.5 1618.9 1629.7 1655.5 1642.6 1641.5 1665.6 1697.0 1690.1 1704.6 1722.4 1754.4 1745.5 1761.2 1777.2 1798.7 1815.7 1805.7 1825.6 1846.9 1845.8 1862.9 1879.0 1892.5 1905.4 1924.5 1958.5 1958.9 M2 + LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 1821.7 1850.7 1845.8 1852.4 1854.1 1875.4 1900.7 1918.0 1950.2 1951.2 1975.9 1995.0 2016.5 2024.5 2046.0 2078.5 2085.5 2101.9 2129.2 2150.8 2169.2 2192.6 2215.2 2241.6 2261.8 2259.9 2282.1 2512.0 2515.9 2555.6 2554.1 2579.6 2595.9 2420.9 2456.0 2450.0 M5+OTHER LIQUID ASSETS 2159.9 2150.9 2168.4 2185.2 2189.4 2201.1 2218.4 2258.4 2255.8 2278.6 2506.1 2551.1 2360.9 2575.5 2590.0 2415.4 2425.9 2447.5 2474.5 2496.4 2521.1 2551.2 2578.4 2605.4 2651.5 2641.8 2667.2 2694.5 2705.0 2725.5 2747.5 2769.2 2785.1 2817.4 2855.4 2858.8 TABLE 1 MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS SEASONALLY ADJUSTED M1 CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 1 9 8 3 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1 9 8 4 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1 9 8 5 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 478.0 483.3 489.5 493.9 499.4 503.3 508.3 510.9 513.5 518.6 520.0 521.4 525.3 526.9 530.6 534.2 536.5 540.4 541.1 541.3 544.8 544.3 547.8 552.5 556.3 562.7 566.5 570.2 575.4 583.5 589.5 597.0 604.7 608.2 613.1 620.2 M2 Ml+OVERNIGHT RP'S, EURO$, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 2007.0 2044.3 2063.6 2079.7 2095.2 2108.6 2120.9 2130.3 2143.0 2163.7 2176.3 2186.1 2200.8 2220.1 2234.4 2249.6 2263.9 2276.8 2286.6 2296.4 2312.4 2325.1 2349.5 2374.3 2399.7 2424.2 2434.3 2436.5 2452.4 2479.6 2496.1 2513.7 2529.3 2539.2 2552.4 2569.4 M3 M2 + LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 2474.2 2502.9 2521.8 2540.8 2556.1 2576.5 2590.9 2606.9 2625.4 2643.6 2673.6 2693.0 2712.9 2740.5 2766.9 2793.2 2820.1 2842.9 2866.1 2882.0 2902.9 2927.1 2958.0 2987.4 3012.1 3033.9 3047.4 3052.4 3069.9 3096.8 3109.1 3127.8 3149.1 3164.5 3182.3 3203.2 MOT SEASONALLY ADJUSTED L — M3+OTHEI LIQUID ASSETS 2884.5 2912.4 2934.6 2963.3 2980.2 3004.7 3032.1 3055.7 3076.9 3091.8 3123.4 3154.3 3183.2 3214.8 3254.7 3291.4 3325.6 3362.0 3398.6 3420.9 3457.4 3479.4 3502.8 3528.8 3553.0 3587.3 3612.4 3620.3 3635.8 3665.8 3686.0 3712.7 3740.4 3761.3 3797.5 3830.4 M1 CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 483.0 474.2 482.9 498.7 494.1 503.7 510.7 508.5 511.6 517.4 522.1 533.4 530.4 517.1 523.6 539.3 531.0 541.7 543.7 539.3 542.8 542.5 550.0 564.8 561.4 552.2 558.7 575.4 569.7 585.5 592.4 595.3 602.4 605.8 615.3 633.7 M2 Ml+OVERNIGHT RP'S, EUROS, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 2012.0 2035.6 2060.7 2086.6 2088.5 2108.9 2125.8 2128.3 2137.9 2162.5 2176.8 2194.3 2207.6 2211.3 2231.4 2256.7 2256.1 2277.3 2291.4 2294.4 2306.5 2323.4 2350.3 2383.0 2407.9 2415.4 2430.7 2443.7 2443.6 2480.0 2501.0 2511.7 2522.9 2537.0 2553.6 2579.5 M3 M2 + LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 2478.4 2494.6 2518.5 2544.9 2549.2 2574.0 2591.7 2605.6 2622.4 2645.2 2677.2 2703.5 2718.8 2731.5 2763.8 2797.5 2812.5 2840.8 2865.7 2880.2 2899.6 2928.2 2961.9 2998.8 3019.2 3024.7 3044.5 3056.8 3061.5 3095.1 3108.8 3125.8 3145.6 3164.5 3186.5 3215.4 L M3+OTHER LIQUID ASSETS 2891.4 2907.1 2936.0 2968.0 2971.7 3002.2 3031.5 3052.6 3071.1 3091.9 3125.8 3164.2 3191.9 3209.1 3257.0 3296.2 3314.7 3359.8 3396.3 3417.5 3451.3 3479.3 3506.2 3540.1 3563.6 3581.9 3614.7 3624.8 3623.2 3662.9 3682.1 3708.5 3734.4 3760.9 3802.2 3843.6 TABLE 1 MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS -NOT SEASONALLY ADJUSTED SEASONALLY ADJUSTED CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 1986 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1987 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1988 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 621.1 624.8 633.7 641.2 652.9 661.1 670.6 680.3 688.0 695.4 706.9 724.6 730.3 730.8 733.7 744.0 747.8 742.9 743.5 746.6 748.8 757.3 754.1 750.0 757.6 758.4 762.1 769.4 773.1 778.6 783.5 784.1 784.5 785.4 785.8 786.9 Ml+OVERNIGHT RP'S, EUROS, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 2574.3 2584.9 2604.2 2628.9 2655.6 2677.0 2704.0 2726.6 2746.2 2769.9 2785.7 2811.1 2830.1 2831.0 2834.6 2847.5 2852.6 2855.2 2861.7 2875.7 2891.1 2906.7 2908.2 2910.8 2935.1 2954.9 2972.4 2994.3 3012.6 3024.5 3032.5 3035.7 3039.2 3047.6 3063.0 3071.1 M2 ♦ LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 3226.6 3245.8 3270.5 3300.2 3322.6 3344.0 3376.0 3402.3 3430.2 3449.6 3466.4 3494.3 3518.7 3525.7 3531.7 3549.4 3568.1 3582.9 3591.3 3614.5 3637.1 3661.3 3677.9 3681.1 3707.3 3735.6 3757.8 3782.1 3804.4 3823.7 3845.5 3857.8 3871.0 3891.1 3910.7 3923.1 M3+OTHER LIQUID ASSETS 3853.4 3876.7 3900.1 3924.0 3953.2 3975.3 4007.3 4032.8 4062.0 4082.2 4105.3 4134.5 4163.2 4176.8 4174.3 4184.4 4215.8 4235.2 4237.3 4264.8 4296.8 4328.9 4342.9 4339.5 4377.4 4409.2 4434.8 4472.0 4507.8 4527.7 4567.1 4586.7 4597.1 4620.9 4649.1 4677.9 CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 627.1 613.2 624.7 647.5 646.1 663.3 673.9 678.9 685.1 692.7 709.3 740.3 737.7 717.6 723.7 752.5 739.8 744.5 746.8 745.1 745.4 754.0 756.3 766.2 765.1 745.4 752.5 778.9 764.4 779.6 786.6 782.0 780.7 781.8 787.9 804.1 Ml♦OVER NIGHT RP'S, EUROS, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 2584.8 2575.3 2599.4 2636.9 2644.4 2676.6 2709.2 2725.4 2739.6 2767.6 2787.7 2823.5 2842.2 2820.0 2829.0 2857.9 2838.9 2853.2 2866.7 2875.1 2884.7 2904.1 2910.5 2923.2 2946.9 2943.9 2968.0 3006.2 2996.8 3021.2 3037.1 3035.3 3032.9 3044.9 3065.5 3083.8 M2 + LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 3235.5 3235.9 3267.2 3304.9 3311.9 3342.3 3376.2 3401.1 3426.9 3448.7 3471.0 3508.1 3528.8 3514.6 3528.0 3556.3 3555.0 3580.2 3592.2 3614.8 3634.2 3659.2 3682.6 3693.6 3716.2 3724.8 3755.8 3790.1 3789.9 3820.8 3846.5 3859.6 3867.9 3887.4 3914.8 3934.7 M3+OTHER LIQUID ASSETS 3867.6 3871.5 3900.8 3928.4 3938.7 3971.9 4001.3 4027.9 4056.5 4081.5 4111.3 4150.6 4180.0 4170.6 4172.8 4190.3 4201.1 4230.7 4230.8 4260.2 4292.0 4327.1 4349.4 4356.1 4394.6 4403.2 4433.8 4478.6 4492.9 4521.9 4559.1 4582.1 4592.2 4616.9 4654.8 4695.0 TABLE 1 MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS SfcASUNALLY AD CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 1989 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1990 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1991 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 786.1 785.6 784.2 781.0 776.2 773.2 779.3 780.0 782.8 788.6 789.2 794.1 795.3 800.7 803.7 807.3 806.2 809.7 810.1 816.2 822.9 822.3 823.8 826.1 826.2 836.2 842.3 842.7 850.9 857.3 860.0 866.5 872.0 880.9 891.4 898.1 Ml+OVERNIGHT RP'S, EURO$, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 3075.1 3076.7 3083.5 3086.6 3089.2 3105.0 3131.8 3150.2 3167.2 3187.0 3206.5 3227.3 3238.8 3259.2 3271.0 3280.6 3283.6 3292.3 3300.2 3315.8 3331.0 3334.5 3333.7 3339.0 3344.0 3369.4 3386.9 3394.4 3405.6 3411.8 3407.4 3410.5 3413.5 3420.3 3434.4 3442.3 M2 + LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 3930.8 3937.5 3955.1 3962.6 3967.5 3984.2 4008.6 4016.1 4024.6 4034.1 4047.8 4059.8 4065.7 4073.5 4074.3 4079.5 4079.5 4083.3 4090.9 4106.0 4115.4 4117.0 4115.6 4114.6 4125.8 4160.2 4165.9 4168.4 4170.5 4167.7 4157.3 4157.7 4154.7 4161.8 4170.8 4175.2 M3+OTHER LIQUID ASSETS 4685.1 4702.8 4733.1 4757.2 4766.2 4787.7 4810.9 4831.1 4843.0 4858.2 4870.9 4891.5 4895.7 4901.1 4909.7 4921.4 4905.1 4925.7 4928.7 4939.3 4964.3 4962.7 4960.5 4966.9 4982.9 5010.9 5007.5 4981.5 4961.3 4988.9 4994.7 4991.6 4983.8 4992.5 5009.9 5004.7 CURRENCY, TRAVELERS CHKS, DEMAND DEPS AND OTHER CHECKABLE DEPS 793.2 772.7 775.5 791.1 767.2 773.9 781.9 777.7 778.9 784.5 791.4 811.9 802.2 788.0 795.9 817.6 796.9 810.4 812.5 814.2 818.7 817.6 826.1 844.1 832.7 823.4 835.0 853.0 841.7 858.1 862.3 864.5 867.4 875.5 893.9 917.3 Ml+OVERNIGHT RP'S, EUROS, G/P&B/D MMMFS MMDAS, SAV & SM. TIME DEP 3085.1 3065.9 3081.1 3100.2 3072.9 3101.3 3135.6 3149.7 3160.6 3183.7 3209.4 3240.0 3247.4 3248.4 3271.0 3295.6 3266.5 3288.5 3303.7 3315.6 3323.8 3330.4 3336.9 3351.9 3351.3 3358.3 3388.4 3410.4 3388.7 3408.0 3410.5 3410.1 3405.7 3415.7 3437.6 3456.1 M2 + LARGE TIME DEP, TERM RP'S, EUROS AND INSTITUTION ONLY MMMFS 3937.1 3927.2 3955.9 3972.3 3953.3 3981.3 4009.8 4019.3 4020.0 4028.2 4051.4 4070.3 4070.6 4063.6 4078.0 4091.7 4065.2 4080.8 4092.4 4109.7 4108.9 4109.2 4118.5 4124.7 4129.7 4150.8 4171.6 4182.6 4156.9 4165.2 4158.6 4161.1 4147.0 4152.7 4173.0 4185.9 M3+OTHER LIQUID ASSETS 4702.4 4697.5 4734.5 4765.4 4752.0 4779.1 4802.5 4826.1 4836.7 4851.8 4877.8 4910.7 4914.2 4896.1 4914.6 4931.5 4889.8 4914.4 4920.1 4934.3 4956.1 4954.0 4968.2 4986.7 5000.9 5005.8 5014.7 4994.0 4946.2 4976.9 4986.1 4986.1 4974.7 4982.4 5017.7 5025.7 TABLE 2 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS — O T H E R CHECKABLE D E P O S I T S — CURRENCY 1959 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1960 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1961 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 28.5 28.6 28.6 28.6 28.7 28.9 28.8 28.9 28.9 28.8 28.8 28.8 28.8 28.8 28.8 28.8 28.8 28.8 28.7 28.7 28.8 28.8 28.8 28.7 28.7 28.7 28.7 28.7 28.7 28.7 28.8 28.9 29.0 29.1 29.2 29.3 NONBANK TRAVELERS CHECKS 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 DEMAND DEPOSITS OCD'S AT BANKS OCD'S AT THRIFTS TOTAL OCDS 110.0 110.5 110.8 110.7 111.6 111.9 112.5 112.7 111.8 111.3 111.3 110.8 110.9 110.7 110.6 110.4 110.5 110.5 111.1 112.2 112.1 111.8 111.7 111.6 112.0 112.5 112.8 113.1 113.6 113.8 113.8 114.2 114.4 114.6 115.2 115.5 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 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 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 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 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 M2 LESS Ml 147.8 148.4 149.3 150.5 151.6 152.7 153.6 154.5 155.5 156.1 156.8 157.8 158.3 158.7 159.5 160.5 161.4 162.6 164.0 165.5 167.0 168.7 170.1 171.6 173.1 175.0 176.3 177.8 179.6 181.2 182.8 184.1 185.5 187.1 188.7 190.3 M3 LESS M2 2.3 2.3 2.3 2.2 2.2 2.2 2.1 2.1 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.1 2.1 2.1 2.2 2.4 2.5 2.7 2.8 2.9 3.1 3.4 3.6 3.9 4.2 4.5 4.9 5.1 5.2 5.4 5.5 5.6 TABLE 2 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS — O T H E R CHECKABLE D E P O S I T S — CURRENCY 1962 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1963 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1964 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 29.4 29.5 29.6 29.8 29.8 29.8 29.9 30.0 30.0 30.1 30.2 30.3 30.4 30.6 30.7 31.0 31.0 31.2 31.4 31.5 31.7 31.8 32.0 32.2 32.3 32.4 32.6 32.7 32.9 33.2 33.2 33.4 33.6 33.6 33.8 33.9 NONBANK TRAVELERS CHECKS 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 DEMAND DEPOSITS OCD'S AT BANKS OCD'S AT THRIFTS TOTAL OCDS 115.4 115.8 116.0 116.3 116.7 116.4 116.1 116.2 115.9 116.2 116.7 117.1 117.4 117.8 118.0 118.3 118.9 118.7 119.5 119.8 119.8 120.3 121.1 120.6 121.0 121.4 121.4 121.5 121.9 121.9 123.0 123.9 124.6 125.1 125.6 125.8 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 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 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0* 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 M2 LESS Ml 192.4 194.6 197.0 199.2 200.7 202.5 204.5 206.3 208.3 210.5 212.6 214.8 217.1 219.1 221.3 223.6 225.7 227.8 229.8 231.9 233.8 235.8 238.0 239.9 241.7 243.4 245.1 247.0 248.9 251.2 253.4 255.6 257.8 260.0 262.3 264.5 M3 LESS M2 5.6 6.0 6.3 6.5 6.7 7.0 7.1 7.2 7.6 7.9 8.2 8.8 9.1 9.3 9.6 9.8 10.1 10.2 10.4 10.8 11.3 11.7 12.3 12.8 13.3 13.7 13.8 14.1 14.6 15.0 15.4 15.7 16.1 16.8 17.3 17.7 TABLE 2 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS — O T H E R CHECKABLE DEPOSITS-— CURRENCY 1965 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1966 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1967 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 34.0 34.2 34.3 34.4 34.5 34.7 34.9 35.1 35.3 35.6 35.8 36.0 36.2 36.4 36.5 36.7 37.0 37.0 37.2 37.4 37.5 37.7 37.8 38.0 38.2 38.4 38.5 38.6 38.8 38.9 39.0 39.2 39.4 39.6 39.7 40.0 NONBANK TRAVELERS CHECKS 0.5 0.5 0.5 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 DEMAND DEPOSITS OCD'S AT BANKS OCD'S AT THRIFTS TOTAL OCDS 126.1 126.1 126.6 127.0 126.6 126.9 127.6 128.0 128.9 129.8 130.3 131.3 132.2 132.6 133.3 134.4 133.7 133.9 132.4 132.7 133.8 132.9 132.9 133.4 133.0 133.9 135.6 134.9 136.2 137.4 138.4 139.8 140.6 141.3 142.0 142.5 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 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 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 M2 LESS Ml 267.1 269.5 271.5 273.5 275.4 277.6 279.8 282.0 284.3 286.8 289.3 291.5 293.3 294.9 296.4 297.6 298.6 299.4 300.6 301.8 303.3 304.8 306.1 308.0 310.0 311.9 314.5 318.0 321.4 324.9 328.4 331.3 334.1 336.9 338.8 341.1 M3 LESS M2 18.3 18.6 18.8 19.0 19.3 19.8 20.4 21.0 21.5 22.4 22.6 22.9 23.2 23.2 23.7 24.8 25.4 26.0 26.9 27.0 26.8 25.8 24.7 25.1 27.5 29.3 30.2 30.3 30.6 31.1 31.3 31.9 32.2 32.3 32.6 32.7 TABLE 2 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS —OTHER CHECKABLE D E P O S I T S — CURRENCY 1968 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1969 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1970 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 40.2 40.3 40.6 40.9 41.0 41.4 41.6 41.8 42.2 42.4 42.7 43.0 43.1 43.4 43.6 43.8 43.9 44.2 44.5 44.7 44.9 45.2 45.5 45.7 45.9 46.1 46.3 46.4 46.9 47.2 47.4 47.6 47.9 48.1 48.3 48.6 NONBANK TRAVELERS CHECKS 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 1.0 1.0 1.0 DEMAND DEPOSITS OCD'S AT BANKS OCD'S AT THRIFTS TOTAL OCDS 143.1 143.6 144.2 144.9 146.2 147.3 148.1 149.2 149.7 150.9 152.5 153.6 154.7 155.1 155.5 156.1 156.0 156.2 156.3 156.2 156.3 156.8 157.2 157.3 159.5 158.0 158.5 159.3 159.4 159.4 159.6 161.3 162.9 163.8 164.3 164.7 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 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 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.1 0.1 M2 LESS Ml 343.3 345.4 347.2 349.2 350.9 353.1 355.4 358.0 361.0 364.0 366.1 368.9 370.7 372.2 373.9 375.2 375.8 377.1 378.1 378.8 380.2 380.9 383.3 385.6 385.0 383.3 383.4 384.2 386.7 389.5 392.3 396.1 400.5 404.7 408.6 413.6 M3 LESS M2 33.1 33.3 33.7 33.2 33.3 33.3 35.0 36.6 37.2 38.6 39.2 39.9 38.8 37.2 36.1 35.4 35.0 33.6 30.7 28.0 26.7 25.7 26.1 25.5 24.0 24.7 26.3 29.7 30.7 30.2 35.3 38.8 42.0 44.6 46.9 49.3 TABLE 2 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS -OTHER CHECKABLE D E P O S I T S — CURRENCY 1971 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1972 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1973 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 48.9 49.2 49.5 49.7 50.0 50.4 50.9 51.2 51.4 51.7 51.9 52.0 52.3 52.7 53.0 53.1 53.4 53.7 54.0 54.3 54.8 55.2 55.7 56.2 56.6 56.8 57.2 57.7 58.1 58.5 58.8 59.1 59.5 59.9 60.2 60.8 NONBANK TRAVELERS CHECKS 1.0 1.0 1.0 1.0 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.5 1.5 1.5 DEMAND DEPOSITS OCD'S AT BANKS OCD'S AT THRIFTS TOTAL OCDS 165.8 167.1 168.2 169.1 170.9 171.9 172.8 173.2 173.8 174.3 174.7 175.1 176.8 178.4 180.0 181.1 181.1 181.7 183.4 185.2 187.0 188.3 189.2 191.6 193.6 193.8 192.9 193.3 195.2 196.6 197.1 197.0 196.6 197.4 199.0 200.3 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 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 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 M2 LESS Ml 418.6 425.0 432.4 441.0 447.1 451.3 456.4 461.7 467.8 473.1 479.0 484.3 489.6 495.6 501.4 506.2 510.5 516.0 523.6 530.9 537.7 544.5 550.2 555.9 562.0 565.6 567.1 570.9 575.8 580.5 583.6 585.8 586.7 589.4 593.5 598.1 M3 LESS M2 50.9 53.4 54.9 54.0 54.4 55.4 56.9 56.7 57.3 59.7 61.5 63.5 63.5 64.9 64.5 67.2 70.0 72.1 73.1 74.8 75.4 76.2 79.0 80.9 82.1 88.4 96.0 99.6 101.9 103.6 109.2 115.4 121.3 123.5 123.1 124.0 TABLE 2 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS — O T H E R CHECKABLE D E P O S I T S — CURRENCY 1974 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1975 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1976 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 61.3 61.8 62.3 62.9 63.4 63.8 64.1 64.7 65.2 65.9 66.5 67.0 67.4 67.8 68.4 68.5 69.2 70.1 70.6 71.0 71.3 71.7 72.4 72.8 73.3 73.9 74.7 75.4 76.1 76.6 77.1 77.5 78.1 78.6 79.1 79.5 NONBANK TRAVELERS CHECKS 1.5 1.6 1.6 1.6 1.7 1.6 1.7 1.7 1.8 1.8 1.8 1.8 1.9 1.9 1.9 2.0 2.0 2.1 2.1 2.1 2.2 2.2 2.2 2.3 2.3 2.3 2.4 2.4 2.5 2.5 2.6 2.6 2.7 2.7 2.7 2.8 DEMAND DEPOSITS OCD'S AT BANKS OCD'S AT THRIFTS TOTAL OCDS 200.9 201.6 202.5 202.3 202.3 202.9 203.4 203.4 203.8 204.4 205.1 205.1 204.3 204.5 205.8 205.1 207.1 209.8 210.0 210.9 211.5 210.5 212.4 211.6 212.2 213.7 214.1 215.0 216.0 215.2 215.6 216.9 216.7 219.3 219.4 221.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.2 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.5 0.6 0.7 0.8 0.9 0.9 1.0 1.1 1.2 1.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.3 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.7 0.8 0.8 0.9 1.0 1.1 1.1 1.2 1.3 1.4 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.6 0.6 0.6 0.7 0.7 0.7 0.7 0.8 0.8 0.9 1.0 1.1 1.2 1.4 1.5 1.7 1.8 2.0 2.2 2.3 2.5 2.7 M2 LESS Ml 601.6 605.0 609.8 612.1 613.9 616.2 618.9 621.0 624.1 627.8 631.7 634.2 638.3 645.4 654.7 665.3 675.6 686.7 698.0 705.0 712.9 719.6 727.1 735.7 745.2 756.8 764.6 774.1 785.9 790.3 798.4 809.9 821.2 833.3 845.1 857.3 M3 LESS M2 127.5 132.2 134.2 141.8 148.0 153.1 155.9 157.4 158.1 158.8 158.8 161.9 163.2 162.6 159.0 154.6 152.1 149.4 146.9 145.2 147.3 148.9 150.2 149.0 148.2 146.2 147.4 148.2 147.0 149.8 150.8 149.7 147.5 145.9 146.3 148.1 TABLE 2 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS — O T H E R CHECKABLE D E P O S I T S — CURRENCY 1977 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1978 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1979 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 80.2 80.8 81.3 82.0 82.5 83.1 83.9 84.5 85.1 85.9 86.6 87.4 88.0 88.7 89.4 90.0 90.8 91.5 92.0 92.7 93.6 94.4 95.2 96.0 96.8 97.4 98.1 98.9 99.5 100.4 101.2 102.2 103.2 104.1 104.4 104.8 NONBANK TRAVELERS CHECKS 2.8 2.8 2.9 2.9 2.9 3.0 3.0 3.0 3.0 3.1 3.1 3.1 3.1 3.1 3.2 3.2 3.2 3.3 3.4 3.4 3.4 3.4 3.5 3.5 3.5 3.5 3.6 3.6 3.6 3.6 3.6 3.6 3.7 3.7 3.7 3.8 DEMAND DEPOSITS 223.4 225.0 226.4 228.1 228.0 228.9 230.2 231.2 232.5 234.6 235.6 236.7 239.5 239.2 239.9 242.5 244.8 246.1 247.4 248.3 251.1 251.2 250.8 250.4 248.6 248.1 248.9 252.2 250.8 253.9 256.1 256.8 257.8 257.7 257.5 257.4 OCD'S AT BANKS 1.3 1.4 1.5 1.5 1.5 1.5 1.6 1.6 1.7 1.7 1.8 1.8 1.9 1.9 2.0 2.0 2.1 2.1 2.1 2.2 2.2 2.3 3.6 5.3 6.8 7.8 8.9 10.0 10.4 11.2 11.9 12.2 12.4 12.4 12.3 12.6 OCD'S AT THRIFTS 1.5 1.5 1.6 1.7 1.7 1.8 1.9 2.0 2.1 2.2 2.2 2.3 2.4 2.5 2.6 2.6 2.8 2.8 2.9 2.9 3.0 3.0 3.1 3.2 3.2 3.3 3.3 3.4 3.6 3.7 3.8 4.0 4.1 4.2 4.2 4.2 TOTAL OCDS 2.8 3.0 3.1 3.1 3.2 3.3 3.5 3.6 3.8 3.9 4.0 4.2 4.3 4.4 4.5 4.7 4.9 4.9 5.0 5.1 5.2 5.3 6.7 8.5 10.0 11.0 12.2 13.4 14.0 14.9 15.7 16.1 16.5 16.5 16.5 16.8 M2 LESS Ml 867.8 876.8 885.8 895.0 905.0 911.9 920.5 928.0 935.9 942,7 949.1 955.3 961.3 965.8 971.6 976.7 982.4 987.5 994.1 1000.5 1010.0 1018.4 1023.4 1030.3 1036.3 1041.6 1049.4 1058.3 1065.9 1075.5 1083.9 1092.0 1101.5 1106.5 1108.4 1113.9 M3 LESS M2 146.7 147.4 148.7 149.7 153.1 157.1 160.6 164.3 167.8 173.2 179.9 185.9 191.1 196.9 204.5 211.3 217.6 221.2 226.6 232.2 234.2 239.3 250.7 257.6 262.9 268.1 271.4 272.6 274.8 277.6 282.3 288.3 297.9 304.8 304.3 306.2 TABLE 2 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS — O T H E R CHECKABLE D E P O S I T S — CURRENCY 1980 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1981 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1982 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 106.0 106.7 107.5 107.9 108.6 109.5 110.6 111.6 112.5 113.5 114.8 115.3 115.3 116.2 117.0 117.9 118.3 118.8 119.5 119.9 120.2 120.5 121.3 122.6 123.1 123.9 124.5 125.5 126.6 127.5 128.1 129.0 129.9 130.9 131.6 132.5 NONBANK TRAVELERS CHECKS 3.8 3.8 3.8 3.8 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.3 4.3 4.3 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.3 DEMAND DEPOSITS 259.0 261.3 259.6 253.0 251.5 254.4 256.5 261.4 264.7 267.2 266.4 261.2 248.3 240.8 238.7 238.9 235.5 233.2 232.6 232.9 231.4 231.5 231.1 231.2 234.4 230.6 229.2 229.3 228.2 226.9 226.1 227.5 229.4 232.3 233.8 234.0 OCD'S AT BANKS 13.1 13.6 13.9 14.5 14.5 15.7 16.8 17.7 18.7 19.5 20.5 20.7 34.9 43.1 48.3 53.9 53.7 55.1 56.3 56.9 58.1 58.8 60.8 62.5 65.6 66.0 67.3 69.7 69.2 70.0 70.0 71.4 73.7 76.9 79.7 80.0 OCD'S AT THRIFTS 4.3 4.4 4.5 4.6 4.7 4.9 5.2 5.5 5.9 6.1 7.4 7.4 9.0 10.0 10.9 12.4 12.3 12.9 13.5 14.0 14.5 14.7 15.3 15.8 16.2 16.2 16.7 18.1 17.9 18.4 18.9 19.7 20.6 21.9 22.9 23.7 TOTAL OCDS 17.4 18.0 18.4 19.1 19.2 20.6 22.0 23.2 24.6 25.7 27.9 28.0 43.8 53.1 59.1 66.2 66.0 68.0 69.8 70.8 72.6 73.5 76.1 78.3 81.8 82.3 84.0 87.8 87.0 88.3 89.0 91.1 94.3 98.8 102.6 103.7 M2 LESS Ml 1121.2 1130.5 1137.9 1140.1 1149.2 1163.7 1179.9 1189.7 1198.5 1206.6 1216.1 1220.7 1228.1 1236.7 1251.0 1263.7 1272.1 1280.8 1291.6 1306.5 1316.9 1330.3 1344.0 1356.4 1368.2 1373.6 1384.9 1393.6 1405.8 1415.8 1426.7 1441.1 1451.0 1457.9 1465.5 1477.3 M3 LESS M2 311.5 318.8 320.9 325.8 328.3 326.6 326.2 327.3 325.3 331.0 341.2 357.6 373.9 381.1 380.2 384.4 394.5 401.2 410.8 415.6 423.6 429.1 434.3 440.7 446.5 452.7 458.9 468.6 470.9 476.4 479.4 486.4 488.0 493.5 494.0 488.7 TABLE 2 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS — O T H E R CHECKABLE D E P O S I T S — CURRENCY 1983 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1984 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1985 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 133.6 135.0 136.4 137.4 138.6 139.6 140.5 141.4 142.7 144.0 145.4 146.2 147.4 148.1 149.1 150.0 150.8 151.9 152.8 153.5 154.4 154.8 155.5 156.1 156.9 157.9 158.5 159.4 160.5 161.7 162.9 164.3 165.1 166.2 167.1 167.9 NONBANK TRAVELERS CHECKS 4.2 4.3 4.5 4.6 4.6 4.6 4.6 4.6 4.7 4.8 4.9 4.9 5.0 5.0 5.0 5.1 5.1 5.1 5.1 5.1 5.1 5.0 5.1 5.2 5.3 5.3 5.4 5.5 5.6 5.7 5.8 5.8 5.8 5.9 5.9 5.9 DEMAND DEPOSITS 234.2 233.5 234.7 234.6 236.3 236.9 238.6 238.8 238.7 239.9 238.8 238.5 240.2 240.1 240.6 241.6 241.3 242.6 242.0 241.1 242.3 240.9 242.0 243.9 244.5 247.1 247.8 248.3 250.8 253.8 255.3 257.6 261.6 261.3 262.3 266.7 OCD'S AT BANKS 80.7 83.7 86.2 88.3 90.1 91.5 92.9 93.6 94.2 95.7 96.4 96.8 97.7 98.4 99.8 100.4 101.6 102.1 102.1 101.9 102.5 102.8 103.7 104.7 106.4 108.1 109.5 110.9 111.8 114.4 116.4 118.7 120.4 121.8 123.7 124.7 OCD'S AT THRIFTS 25.4 26.9 27.7 28.9 29.7 30.7 31.8 32.5 33.2 34.2 34.6 35.0 35.0 35.4 36.2 37.1 37.8 38.6 39.2 39.6 40.5 40.8 41.6 42.6 43.2 44.3 45.2 46.1 46.8 48.0 49.2 50.6 51.7 52.9 54.1 55.0 TOTAL OCDS 106.0 110.5 113.9 117.2 119.8 122.2 124.7 126.1 127.4 129.9 131.0 131.8 132.8 133.8 135.9 137.5 139.3 140.8 141.2 141.5 143.1 143.6 145.3 147.2 149.6 152.4 154.8 157.0 158.6 162.4 165.5 169.3 172.1 174.8 177.8 179.7 M2 LESS Ml 1529.0 1561.0 1574.0 1585.9 1595.8 1605.2 1612.6 1619.4 1629.6 1645.1 1656.3 1664.7 1675.4 1693.1 1703.7 1715.4 1727.4 1736.4 1745.5 1755.2 1767.6 1780.8 1801.7 1821.8 1843.3 1861.4 1867.8 1866.3 1877.0 1896.1 1906.6 1916.7 1924.6 1931.0 1939.3 1949.2 M3 LESS M2 467.2 458.6 458.3 461.1 460.9 468.0 470.0 476.6 482.4 479.8 497.3 506.9 512.1 520.4 532.6 543.6 556.2 566.1 579.5 585.6 590.5 601.9 608.5 613.1 612.5 609.7 613.1 615.9 617.5 617.2 613.0 614.1 619.9 625.2 629.9 633.8 TABLE 2 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS — O T H E R CHECKABLE D E P O S I T S — CURRENCY 1986 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1987 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1988 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 168.5 169.5 170.7 171.6 172.8 173.7 174.9 176.0 177.1 178.4 179.4 180.8 182.1 183.5 184.2 185.5 186.6 187.8 188.9 190.1 191.7 193.2 195.2 197.0 198.0 199.1 200.5 202.0 203.4 204.8 206.2 207.5 208.8 209.9 211.1 212.3 NONBANK TRAVELERS CHECKS 5.9 5.9 6.0 6.1 6.1 6.2 6.4 6.4 6.5 6.4 6.5 6.4 6.5 6.6 6.7 6.7 6.7 6.8 6.9 7.0 7.1 7.0 7.0 7.0 7.1 7.2 7.2 7.3 7.3 7.3 7.3 7.3 7.4 7.4 7.4 7.5 DEMAND DEPOSITS 264.9 265.7 270.2 272.8 277.7 280.0 283.1 285.8 287.5 287.9 292.2 302.0 299.2 295.8 294.9 299.0 300.2 293.7 292.1 292.0 290.7 295.8 291.5 286.8 289.8 287.6 287.7 290.1 289.5 290.9 291.0 290.4 289.3 288.7 287.3 286.5 OCD'S AT BANKS 126.1 127.2 129.0 131.2 134.7 137.7 140.9 144.8 148.4 152.7 156.8 161.1 166.8 168.1 170.2 173.7 174.2 174.5 175.4 177.0 178.3 179.7 179.2 178.3 180.8 182.1 183.5 185.3 187.5 189.0 191.2 191.2 191.4 191.7 192.4 192.6 OCD'S AT THRIFTS 55.6 56.5 57.7 59.6 61.6 63.6 65.3 67.3 68.6 70.1 72.1 74.1 75.8 76.8 77.6 79.1 80.2 80.2 80.2 80.6 81.0 81.7 81.2 81.0 81.9 82.4 83.2 84.7 85.4 86.6 87.7 87.8 87.6 87.7 87.7 88.0 TOTAL OCDS 181.7 183.7 186.7 190.7 196.3 201.3 206.2 212.1 217.0 222.8 228.8 235.3 242.6 244.9 247.8 252.8 254.3 254.7 255.6 257.6 259.3 261.3 260.3 259.3 262.7 264.5 266.6 270.0 272.9 275.6 278.9 278.9 279.0 279.4 280.1 280.6 M2 LESS Ml 1953.2 1960.1 1970.5 1987.7 2002.8 2015.9 2033.4 2046.3 2058.3 2074.5 2078.8 2086.6 2099.7 2100.3 2100.9 2103.5 2104.8 2112.2 2118.2 2129.1 2142.3 2149.4 2154.1 2160.8 2177.5 2196.5 2210.3 2224.9 2239.4 2245.8 2249.0 2251.7 2254.8 2262.2 2277.2 2284.2 M3 LESS M2 652.3 660.8 666.4 671.3 666.9 667.0 672.1 675.7 683.9 679.7 680.7 683.2 688.7 694.7 697.2 701.9 715.5 727.7 729.7 738.8 746.0 754.6 769.7 770.3 772.2 780.7 785.4 787.8 791.9 799.3 813.0 822.0 831.8 843.6 847.6 852.0 TABLE 2 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS — O T H E R CHECKABLE D E P O S I T S — CURRENCY 1989 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1990 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1991 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 213.2 213.9 214.9 215.4 216.4 217.3 218.0 218.9 219.5 220.2 220.9 222.6 224.5 226.3 227.9 229.7 231.5 233.5 235.7 238.8 241.9 244.2 245.4 246.8 251.5 254.6 256.0 256.3 256.6 257.6 259.3 261.3 262.9 264.8 266.0 267.3 NONBANK TRAVELERS CHECKS 7.5 7.4 7.3 7.3 7.3 7.3 7.3 7.3 7.2 7.3 7.4 7.4 7.4 7.5 7.6 7.6 7.8 7.8 7.9 8.1 8.3 8.4 8.3 8.3 8.3 8.2 8.1 7.8 8.0 7.9 7.8 7.8 7.8 7.9 8.0 8.2 DEMAND DEPOSITS 284.6 284.0 283.4 281.3 280.1 276.6 280.0 278.4 278.2 280.3 278.4 279.0 277.1 279.3 278.7 278.2 275.6 275.4 275.6 278.1 280.1 278.1 277.4 277.1 271.8 275.9 276.9 276.1 278.4 280.1 279.3 280.1 280.6 283.8 287.6 289.5 OCD'S AT BANKS 192.5 192.4 191.8 191.3 188.6 188.4 189.7 190.9 192.2 194.2 195.7 197.5 198.6 199.8 201.3 202.8 203.5 205.3 203.9 204.2 205.6 205.9 207.0 208.7 209.5 211.6 214.6 215.4 220.2 223.5 225.8 229.5 232.4 235.4 239.2 241.6 OCD'S AT THRIFTS 88.3 87.9 86.8 85.8 83.7 83.7 84.2 84.6 85.7 86.7 86.8 87.6 87.6 87.9 88.3 88.9 87.8 87.6 87.0 87.1 87.0 85.7 85.7 85.2 85.2 85.8 86.6 87.1 87.6 88.2 87.8 87.8 88.2 89.1 90.5 91.6 TOTAL OCDS 280.8 280.2 278.6 277.0 272.3 272.1 273.9 275.5 277.9 280.8 282.5 285.1 286.2 287.6 289.6 291.7 291.3 292.9 290.9 291.3 292.5 291.6 292.6 293.9 294.6 297.5 301.3 302.5 307.8 311.6 313.7 317.3 320.6 324.5 329.7 333.2 M2 LESS Ml 2289.1 2291.2 2299.3 2305.6 2313.0 2331.7 2352.6 2370.2 2384.4 2398.4 2417.3 2433.2 2443.4 2458.5 2467.2 2473.3 2477.4 2482.6 2490.1 2499.7 2508.1 2512.2 2509.9 2512.9 2517.8 2533.3 2544.7 2551.6 2554.7 2554.5 2547.4 2544.0 2541.5 2539.4 2543.0 2544.2 M3 LESS M2 855.6 860.8 871.6 876.0 878.3 879.2 876.8 865.9 857.4 847.1 841.3 832.5 827.0 814.3 803.3 798.9 795.9 791.0 790.6 790.2 784.5 782.6 781.9 775.6 781.8 790.8 779.0 774.0 764.9 755.9 749.9 747.1 741.2 741.5 736.4 732.9 TABLE 3 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB'S 1959 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1960 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1961 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AT THRIFTS 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 51.8 51.8 52.0 52.2 52.5 52.8 53.0 53.1 53.3 53.5 54.3 54.8 54.5 54.3 54.4 54.5 54.6 54.8 55.1 55.5 56.0 56.5 57.6 58.3 58.8 59.4 59.9 60.3 60.6 61.0 61.2 61.5 61.8 62.2 63.5 64.2 84.2 84.8 85.6 86.2 87.0 87.9 88.4 89.2 90.0 90.3 90.8 91.7 92.1 92,8 93.6 94.2 94.9 95.8 96.4 97.3 98.3 99.0 99.8 100.8 101.5 102.4 103.4 104.1 104.9 106.1 106.7 107.6 108.6 109.2 110.2 111.3 — S M A L L TIME DEPOSITS— AT AT CB'S THRIFTS 9.4 9.4 9.5 9.7 9.7 9.8 9.7 9.8 9.9 9.8 9.2 8.9 9.0 8.9 9.0 9.2 9.2 9.4 9.7 10.0 10.1 10.3 9.8 9.7 9.8 10.1 10.1 10.3 10.9 11.2 11.4 11.6 11.9 12.0 11.3 11.1 2.3 2.3 2.3 2.3 2.3 2.4 2.4 2.4 2.5 2.5 2.5 2.5 2.6 2.6 2.6 2.6 2.7 2.7 2.7 2.8 2.8 2.8 2.8 2.8 2.9 3.0 3.0 3.1 3.2 3.2 3.3 3.4 3.5 3.5 3.6 3.7 — L A R G E TIME DEPOSITS— AT AT CB'S THRIFTS 1.6 1.5 1.5 1.5 1.5 1.5 1.5 1.4 1.4 1.3 1.3 1.2 1.2 1.2 1.3 1.3 1.3 1.4 1.5 1.6 1.7 1.8 1.9 2.0 2.2 2.4 2.5 2.7 2.9 3.1 3.4 3.6 3.7 3.9 4.0 3.9 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 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 TABLE 3 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB'S 1962 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1963 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1964 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AT THRIFTS 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 64.6 65.0 65.6 66.1 66.6 67.1 67.7 68.2 68.7 69.3 70.6 71.3 71.8 72.2 72.7 73.1 73.6 74.1 74.5 74.9 75.1 75.1 76.2 76.8 77.1 77.4 77.7 78.2 78.6 79.1 79.4 79.9 80.4 80.9 82.1 82.9 112.0 112.9 114.1 114.9 115.8 117.0 117.8 118.8 120.1 121.0 122.1 123.4 124.5 125.9 127.4 128.5 129.7 131.1 132.0 133.0 134.4 135.2 136.3 137.6 138.5 139.8 141.2 142.2 143.5 145.1 146.1 147.5 149.0 149.9 151.1 152.4 — S M A L L TIME DEPOSITS— AT AT CB'S THRIFTS 11.9 12.7 13.6 14.2 14.2 14.5 14.7 15.0 15.4 15.7 15.3 15.5 15.9 16.1 16.6 17.0 17.4 17.7 18.1 18.7 19.2 20.0 19.7 19.9 20.1 20.3 20.5 20.7 20.8 21.3 21.6 21.9 22.3 22.5 22.2 22.4 3.8 3.8 3.9 4.0 4.0 4.1 4.2 4.3 4.4 4.5 4.5 4.6 4.7 4.8 4.9 4.9 5.0 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.8 5.9 5.9 6.0 6.1 6.2 6.3 6.4 6.5 6.7 6.8 — L A R G E TIME DEPOSITS— AT AT CB'S THRIFTS 4.1 4.4 4.8 5.1 5.2 5.6 5.6 5.7 6.0 6.4 6.6 7.0 7.3 7.5 7.9 8.1 8.3 8.5 8.6 9.1 9.5 9.9 10.5 10.8 11.3 11.7 11.8 12.0 12.5 12.9 13.2 13.5 13.9 14.5 14.9 15.2 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 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 TABLE 3 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB'S 1965 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1966 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1967 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AT THRIFTS 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 83.7 84.5 85.0 85.7 86.3 86.9 87.6 88.4 89.2 90.0 91.5 92.4 92.5 92.4 92.0 90.7 90.3 89.9 90.3 89.8 89.6 89.3 89.8 89.9 89.6 89.5 89.7 90.3 90.9 91.5 92.0 92.5 92.9 93.4 93.9 94.1 153.2 154.4 155.7 156.4 157.4 158.8 159.5 160.4 161.7 162.3 163.3 164.5 165.1 165.9 166.1 165.3 164.8 164.8 163.9 163.4 163.5 162.8 162.8 163.3 163.1 163.4 164.2 164.8 165.8 166.8 167.4 168.2 169.1 169.2 169.5 169.6 — S M A L L TIME DEPOSITS— AT AT CB'S THRIFTS 23.0 23.8 24.2 24.4 24.8 25.2 25.6 25.9 26.3 26.7 26.5 26.7 27.4 28.4 29.6 31.6 33.0 33.5 34.1 35.6 36.8 37.9 38.0 38.7 39.7 40.6 41.6 42.7 44.0 45.1 46.5 47.4 48.5 49.3 49.7 50.7 6.9 6.9 6.9 6.9 7.0 7.1 7.2 7.3 7.5 7.6 7.7 7.8 7.9 8.3 9.0 9.8 10.6 11.4 12.2 12.9 13.6 14.5 15.4 16.3 17.4 18.7 19.4 20.1 20.8 21.6 22.2 22.9 23.6 24.6 25.7 27.1 — L A R G E TIME DEPOSITS— AT AT CB'S THRIFTS 15.9 16.4 16.6 17.0 17.3 17.9 18.5 19.1 19.8 20.6 20.8 21.2 21.4 21.4 21.8 23.0 23.6 24.1 25.1 25.1 24.9 23.7 22.6 23.1 25.3 27.1 28.1 28.3 28.3 28.9 29.3 29.6 30.1 30.0 30.6 30.9 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 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 TABLE 3 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB'S 1968 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1969 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1970 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 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 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 AT THRIFTS 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 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 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 94.3 94.5 94.7 94.8 94.8 94.8 94.7 94.9 95.2 95.4 95.8 96.1 96.1 95.9 95.7 95.3 95.0 94.8 94.1 93.9 93.9 93.8 93.8 93.8 93.7 92.7 92.2 92.3 92.5 93.1 94.1 95.1 96.0 96.9 97.7 98.6 168.9 169.0 169.6 169.5 169.7 170.1 169.9 170.3 171.3 171.3 171.6 172.8 172.6 172.3 173.2 172.6 172.4 173.1 171.8 170.5 170.6 169.7 169.5 169.8 169.0 165.3 162.2 159.3 157.6 157.4 157.4 157.8 159.0 160.1 161.1 162.3 — S M A L L TIME DEPOSITS— AT AT CB'S THRIFTS 51.7 52.8 53.4 54.3 55.2 56.2 57.6 58.9 60.5 61.8 62.6 63.5 64.3 65.1 66.0 66.9 67.4 68.0 69.3 69.7 70.1 70.4 70.8 71.6 71.3 71.3 71.5 71.5 72.4 73.9 74.4 75.2 76.2 77.1 78.2 79.3 28.1 29.4 29.9 30.5 31.2 32.1 32.8 33.4 33.8 35.1 36.4 37.1 37.7 39.3 39.4 40.2 40.9 41.3 42.6 44.2 45.3 46.7 47.7 48.8 49.4 52.2 55.5 58.8 61.7 63.3 65.3 66.9 68.1 69.3 70.6 71.8 — L A R G E TIME DEPOSITS— AT AT CB'S THRIFTS 30.7 30.9 31.4 30.8 30.6 30.4 31.9 33.0 33.7 34.9 36.2 37.4 35.8 34.3 33.5 32.8 32.1 30.8 27.7 24.8 23.7 22.5 21.3 20.4 19.0 19.1 20.4 24.2 25.0 24.7 30.5 34.1 37.2 39.8 42.2 44.5 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 0.0 0.0 0.0 0.1 0.2 0.2 0.3 0.4 0.4 0.5 0.6 0.6 0.7 0.7 TABLE 3 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS —MMDAS AT CB'S 1971 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1972 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1973 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AT THRIFTS 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 99.7 101.2 103.3 105.2 106.1 106.9 107.6 108.6 109.7 110.7 111.7 112.8 114.1 115.3 116.3 117.0 117.4 118.3 119.3 120.9 122.3 123.2 124.0 124.8 125.0 124.7 124.5 124.6 125.4 125.9 126.3 126.1 126.3 127.0 127.6 128.0 163.8 164.9 166.1 167.6 169.6 171.4 173.1 174.8 176.2 177.5 178.5 179.4 180.6 181.8 183.2 184.3 185.3 186.7 188.4 190.2 191.9 193.4 195.1 196.6 197.7 198.3 199.1 199.4 199.8 200.6 201.1 199.8 198.5 198.5 198.3 198.7 — S M A L L TIME DEPOSITS— AT AT CB'S THRIFTS 80.2 82.0 83.8 86.0 87.3 88.1 89.1 90.1 91.3 92.1 93.8 94.7 95.5 96.5 97.8 97.8 98.4 99.6 101.9 103.3 104.8 106.1 107.0 108.2 110.3 110.8 110.6 112.0 113.3 114.4 114.4 116.0 114.3 113.5 115.2 116.8 73.6 75.5 77.8 80.0 81.7 83.2 84.9 86.7 88.6 90.7 92.8 95.0 97.4 99.8 101.9 104.0 106.3 108.5 111.0 113.6 116.1 118.9 121.4 123.4 125.9 128.2 129.4 131.2 133.5 135.6 137.2 139.4 142.1 144.3 146.8 149.0 - — LARGE TIME DEPOSITS— AT AT CB'S THRIFTS 45.9 48.5 49.9 48.5 48.6 49.9 51.2 50.8 51.1 53.3 54.4 56.2 56.2 57.5 56.9 59.2 61.9 63.5 64.0 65.4 66.2 66.9 69.4 70.9 71.2 76.7 84.2 87.7 89.7 90.5 95.2 101.0 105.8 107.2 106.9 107.5 0.8 0.9 0.9 1.0 1.1 1.1 1.2 1.3 1.3 1.4 1.5 1.5 1.6 1.7 1.7 1.8 1.9 2.0 2.1 2.2 2.2 2.3 2.4 2.5 2.5 2.6 2.7 2.8 2.9 2.9 3.0 3.1 3.2 3.3 3.4 3.6 TABLE 3 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB'S 1974 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1975 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1976 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 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 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 AT THRIFTS 0.0 d.o 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 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 128.6 128.7 129.2 130.1 130.6 131.3 132.5 133.2 133.7 134.7 135.6 136.7 137.7 138.8 141.0 143.7 146.2 149.7 152.0 153.5 155.1 156.4 158.5 161.0 164.8 170.7 174.5 178.2 181.1 181.2 182.8 185.5 188.5 192.4 197.1 201.4 199.0 199.0 199.5 199.7 199.3 199.1 199.2 198.8 198.8 199.6 200.5 201.8 203.3 205.1 207.4 210.0 213.0 216.0 218.6 220.6 222.3 224.0 225.9 227.6 229.5 232.0 234.3 236.3 238.1 239.2 240.7 242.4 244.1 246.6 249.3 251.2 — S M A L L TIME DEPOSITS— AT AT CB'S THRIFTS 117.5 118.5 120.2 120.3 120.5 120.7 120.6 121.4 122.2 123.2 124.1 123.1 123.7 125.5 127.7 130.0 131.6 133.5 136.1 137.4 138.2 139.1 140.5 142.4 142.9 142.9 141.3 141.1 143.3 144.0 145.5 148.1 151.1 153.1 154.4 155.6 150.8 152.7 154.3 155.6 156.6 158.0 159.4 160.3 161.3 162.3 163.4 164.8 165.9 167.7 170.0 172.7 175.6 178.8 182.1 185.1 187.6 190.2 192.8 195.6 198.7 201.9 205.1 208.7 212.3 215.3 218.2 221.5 224.9 228.4 231.6 235.3 — L A R G E TIME DEPOSITS— AT AT CB'S THRIFTS 110.6 114.6 115.5 122.8 128.3 132.6 135.7 136.5 137.0 137.5 136.7 139.4 140.7 139.8 136.3 131.6 129.1 126.8 124.5 122.4 122.9 124.1 125.0 123.4 120.4 118.0 118.6 118.4 115.2 118.3 119.2 115.5 113.4 111.4 110.2 110.3 3.7 3.8 4.0 4.1 4.2 4.3 4.3 4.4 4.5 4.8 5.1 5.4 5.6 5.9 6.1 6.3 6.3 6.3 6.2 6.2 6.2 6.3 6.3 6.4 6.4 6.5 6.5 6.5 6.5 6.6 6.9 7.2 7.4 7.6 7.7 7.8 TABLE 3 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB'S 1977 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1978 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1979 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AT THRIFTS 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 205.3 207.6 209.9 212.0 213.3 213. 4 214.2 215.3 215.9 216.4 217.6 218.1 219.8 220.5 221.5 222.0 222.9 223.0 221.1 220.3 220.5 219.8 218.0 215.6 213.2 211.4 210.6 209.1 207.9 208.2 207.1 205.9 203.8 199.8 195.1 193.9 253.7 256.0 257.4 259.6 261.0 262.6 263.7 265.0 266.5 268.5 271.1 273.0 275.4 277.2 278.5 279.1 279.5 278.2 273.6 271.3 270.4 269.6 267.5 264.7 260.8 257.8 256.5 253.5 251.1 251.5 249.5 247.4 243.4 236.1 229.8 228.1 -—SMALL TIME DEPOSITS— AT AT CB'S THRIFTS 156.9 158.3 160.0 161.7 163.7 165.1 166.2 166.4 166.6 166.7 166.6 167.6 168.4 169.4 169.8 170.5 171.4 172.6 174.5 176.1 178.7 180.6 182.2 185.3 189.0 191.3 193.4 198.2 202.2 205.8 209.6 214.1 218.2 223.3 230.7 235.4 239.3 242.8 246.1 249.4 253.5 257.3 261.3 265.5 269.4 272.8 275.4 278.1 280.4 282.3 284.9 287.8 291.3 296.6 304.7 310.7 316.3 321.9 328.6 335.9 343.8 351.3 357.8 363.8 368.4 370.6 373.7 377.2 382.4 388.9 395.3 398.4 — L A R G E TIME DEPOSITS— AT AT CB'S THRIFTS 109.7 110.2 110.2 110.1 , 111.1 114.5 117.8 120.5 123.0 127.1 131.1 134.8 137.9 141.1 145.9 151.1 156.2 160.0 164.2 167.2 168.4 169.8 176.1 178.4 180.3 181.7 181.8 180.4 179.3 177.8 179.1 180.8 186.0 190.5 190.0 189.3 7.8 7.8 8.0 8.3 8.6 8.9 9.2 9.5 9.7 9.9 10.0 10.2 10.7 11.3 12.0 12.8 13.5 13.9 14.3 14.8 15.3 15.7 16.1 16.5 17.2 18.0 18.7 19.5 20.5 22.2 23.9 25.1 26.3 28.1 30.4 32.1 TABLE 3 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS ■-MMDAS AT CB'S 1980 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1981 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1982 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 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 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 26.3 AT THRIFTS 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 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 16.9 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 193.3 190.9 186.6 179.4 178.3 182.6 186.7 189.5 190.3 190.5 190.1 184.5 178.3 175.3 174.6 173.6 170.8 168.1 165.9 162.0 158.8 156.1 156.5 158.0 160.7 161.0 161.9 161.2 160.4 159.6 157.8 157.8 158.5 160.6 164.4 189.1 226.3 223.4 218.5 210.6 207.0 211.4 216.1 221.0 223.0 222.4 219.6 213.7 206.7 203.9 203.0 202.8 199.3 195.7 193.7 188.4 184.6 181.3 182.3 184.2 188.6 188.5 187.6 186.7 186.3 185.9 183.5 183.2 184.0 188.8 194.3 209.4 — S M A L L TIME DEPOSITS— AT AT THRIFTS CB'S 239.5 245.4 254.0 266.6 270.2 268.7 268.3 267.6 268.7 270.7 276.1 285.7 295.8 301.7 305.9 309.4 313.8 318.2 321.6 328.6 333.9 340.1 343.2 346.5 349.7 356.3 363.5 371.4 376.8 379.8 385.6 387.9 388.8 385.3 383.1 378.1 400.9 404.7 410.5 419.2 426.2 425.5 423.8 422.7 423.3 425.0 431.9 441.3 451.3 455.8 459.2 459.1 463.8 466.6 466.2 469.5 471.0 473.8 474.1 473.7 473.1 476.5 481.1 485.0 487.7 487.9 490.4 489.5 487.8 481.2 478.8 469.1 — L A R G E TIME DEPOSITS— AT AT THRIFTS CB'S 190.6 192.9 196.3 200.0 200.5 195.7 191.4 191.0 193.1 196.2 202.9 212.7 223.9 228.0 227.4 225.9 231.9 237.8 243.2 246.8 247.9 246.6 245.3 245.4 250.3 254.5 258.9 263.0 263.4 265.6 269.6 269.5 267.4 268.3 266.3 259.8 33.6 35.0 36.1 37.3 38.3 39.0 39.6 40.3 41.3 42.7 43.4 44.9 46.2 46.6 47.3 47.8 49.2 49.6 50.3 51.3 52.2 52.2 53.0 53.7 54.8 56.0 57.3 57.7 57.7 58.4 58.3 58.7 59.5 60.8 63.3 63.5 TABLE 3 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB'S 1983 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1984 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1985 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 113.4 163.5 184.8 198.4 209.7 216.5 219.5 220.9 223.1 225.3 228.0 229.7 231.9 238.3 241.4 245.4 245.0 244.0 243.9 244.1 246.4 249.8 257.9 266.6 277.6 288.8 292.1 296.2 300.4 308.2 314.4 319.6 323.6 326.4 330.1 331.6 AT THRIFTS 76.2 117.2 136.2 144.4 151.0 154.2 153.8 152.0 151.4 149.9 148.9 149.5 150.2 152.0 153.9 155.6 155.7 153.4 150.8 147.4 146.6 146.7 148.6 151.6 156.9 162.7 166.8 167.6 169.1 171.3 174.8 178.6 180.7 182.3 183.1 183.0 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 265.1 309.4 329.4 341.3 351.5 356.9 358.1 358.1 359.0 359.7 361.4 362.6 364.7 370.6 373.8 377.3 376.4 375.0 373.2 371.1 371.6 373.2 380.7 389.0 399.8 411.1 414.3 417.6 422.0 430.4 437.5 443.4 447.6 450.7 455.0 456.5 258.7 295.9 314.1 322.3 328.5 331.4 330.1 327.4 325.6 322.6 321.0 321.4 322.3 324.1 326.6 327.3 326.6 323.3 319.1 313.8 312.3 310.8 312.3 315.2 321.1 327.6 332.1 332.3 333.8 337.0 341.7 347.0 349.9 353.4 356.5 357.9 -—SMALL TIME DEPOSITS— AT AT CB'S THRIFTS 355.7 339.8 331.0 328.0 325.6 324.9 328.2 331.5 334.7 340.2 345.0 349.3 353.1 356.1 358.9 362.8 366.4 369.9 372.9 377.6 380.5 381.7 382.9 385.4 385.5 384.8 385.5 388.1 389.6 389.3 387.3 384.5 383.1 382.3 381.6 383.6 437.6 415.3 407.0 407.7 405.2 404.0 407.0 410.7 413.8 418.8 426.3 431.5 439.3 446.2 450.3 455.0 459.5 464.9 470.9 478.5 484.8 490.9 496.0 499.5 501.1 499.6 499.3 500.9 502.9 503.2 500.6 497.1 495.2 494.6 495.3 498.1 - — LARGE TIME DEPOSITS— AT AT CB'S THRIFTS 244.4 233.5 229.2 227.9 224.2 226.7 224.3 225.4 225.3 223.0 225.6 228.2 232.4 234.1 238.2 241.2 249.2 254.4 259.9 261.4 264.1 268.7 267.4 268.6 268.2 269.4 273.9 276.5 275.2 271.9 270.1 271.8 275.6 279.2 281.6 284.4 60.5 60.0 62.0 65.7 68.8 71.3 75.4 80.0 85.0 89.3 93.0 96.6 101.7 106.7 111.1 115.7 119.9 125.1 130.4 133.9 134.4 138.4 143.1 147.0 149.9 150.1 149.6 150.4 151.7 151.6 149.6 148.9 149.7 149.5 150.5 151.7 TABLE 3 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB'S 1986 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1987 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1988 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 333.6 336.6 338.7 345.1 351.7 356.8 361.2 366.1 371.0 374.6 376.3 377.8 378.7 378.1 376.9 376.0 373.1 369.9 368.1 366.6 365.1 361.8 357.7 356.6 356.8 359.1 360.1 360.9 361.5 362.4 362.4 359.0 355.7 354.4 353.0 350.4 AT THRIFTS 182.0 182.2 181.9 182.5 184.5 187.1 188.8 190.6 191.8 193.6 194.8 194.7 195.0 194.8 193.6 191.8 190.4 187.7 184.4 181.0 178.6 175.3 171.0 168.7 166.8 165.1 164.4 164.4 164.1 163.8 162.8 160.7 157.5 155.1 153.2 151.5 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 459.1 462.1 465.0 472.6 481.2 488.2 495.1 503.4 512.5 521.0 527.6 533.6 539.6 543.0 545.3 548.1 547.5 545.2 544.8 544.3 543.8 540.1 535.9 535.0 536.5 540.3 543.4 545.9 548.7 551.3 552.6 549.7 546.4 544.6 546.4 542.7 358.0 359.2 360.2 362.9 368.3 373.8 378.9 384.8 390.1 396.6 402.7 406.5 412.0 416.7 419.4 421.8 423.4 422.7 420.1 417.5 415.6 411.5 405.2 402.0 399.7 397.9 397.8 398.6 399.0 399.4 398.6 395.7 391.1 387.7 385.2 383.5 -—SMALL TIME DEPOSITS— AT AT CB'S THRIFTS 386.3 387.9 388.9 388.7 386.3 383.1 380.9 378.2 375.4 371.2 367.2 365.9 365.0 363.1 361.3 358.8 359.0 361.6 365.0 368.0 370.1 375.9 384.0 387.7 391.2 395.9 400.3 403.8 407.0 409.0 412.9 418.5 425.6 432.9 440.2 447.0 501.0 502.1 505.2 507.3 505.4 503.1 501.7 499.7 498.0 494.8 490.6 488.9 487.8 486.4 486.0 485.5 485.6 489.9 494.9 499.7 504.5 510.8 521.0 529.8 538.5 550.6 557.2 561.5 565.0 566.4 568.1 570.5 575.5 581.1 583.5 585.9 —-LARGE TIME DEPOSITS— AT AT CB'S THRIFTS 294.8 298.3 295.1 293.7 290.7 288.9 290.0 290.2 290.1 287.6 287.7 289.3 293.9 296.6 298.8 303.7 309.3 312.9 312.7 313.6 315.0 318.3 324.0 326.5 325.3 329.1 330.7 330.8 333.0 338.4 345.1 351.7 357.1 361.7 362.6 366.9 152.5 153.8 157.1 158.7 158.1 158.2 158.6 158.0 156.9 154.7 152.2 150.2 149.2 148.9 148.2 145.8 146.2 147.6 149.2 151.2 153.0 156.1 159.4 162.6 164.1 165.0 166.5 167.9 168.3 168.2 169.2 170.0 173.2 174.8 175.1 174.3 TABLE 3 COMPONENTS OF MONEY STOCK MEASURES SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB'S 1989 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1990 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1991 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AT THRIFTS 346.8 343.0 339.8 337.0 331.5 330.8 333.7 337.4 340.3 343.9 349.7 353.4 355.6 358.6 361.3 364.7 367.0 369.7 371.8 374.6 376.2 377.0 377.7 378.6 378.5 384.4 389.8 394.4 401.1 405.2 408.7 410.8 148.4 144.5 141.0 1356.7 132.2 131.0 131.4 131.6 131.9 132.6 133.0 133.4 133.5 134.2 134.6 134.8 133.5 132.4 131.5 131.1 130.8 129.4 129.5 128.3 128.4 128.9 130.1 132.6 135.2 137.3 138.8 137.8 NA NA NA NA NA NA NA NA SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 537.2 532.2 527.5 522.8 515.0 513.1 516.7 521.2 525.2 529.3 536.6 541.5 548.2 551.8 553.8 556.0 556.5 560.7 563.9 568.9 572.4 575.3 578.2 581.9 583.9 590.5 597.1 602.8 609.6 617.3 623.2 630.4 636.7 645.7 655.4 664.9 378.4 371.8 366.3 357.6 349.0 346.9 346.4 346.0 346.9 348.1 349.0 349.7 349.1 350.1 351.6 352.5 351.3 348.9 348.0 346.9 346.3 343.7 341.9 338.8 338.4 340.5 344.6 350.2 356.6 359.6 363.0 363.7 365.7 369.3 373.3 377.7 -—SMALL TIME DEPOSITS— AT AT CB'S THRIFTS 456.5 466.2 476.8 488.8 499.8 503.9 507.4 512.4 516.2 521.1 527.3 531.0 532.8 537.9 542.3 547.2 557.8 569.8 578.2 581.3 586.1 595.1 597.6 606.4 610.4 616.2 619.5 617.2 615.9 617.8 617.5 621.2 619.5 614.1 606.4 598.5 589.7 591.8 593.0 598.7 607.7 616.2 621.6 623.9 622.8 621.2 617.8 617.5 614.4 610.3 609.7 608.6 601.2 592.8 586.8 584.8 580.9 571.9 569.7 562.3 558.9 553.3 546.4 542.1 535.0 522.8 512.0 499.6 491.5 481.6 474.1 466.6 —-LARGE TIME DEPOSITS— AT AT CB'S THRIFTS 371.1 377.3 383.7 389.8 392.5 393.2 394.6 394.8 395.5 397.0 398.2 398.2 397.9 395.6 393.5 390.0 389.3 388.5 389.8 386.4 381.3 379.1 378.6 374.0 379.1 385.1 382.1 379.6 379.2 377.9 373.8 372.0 368.1 362.6 357.1 354.0 175.1 175.4 175.2 176.8 178.0 177.9 176.6 174.3 170.3 166.1 163.3 161.1 159.1 154.5 149.8 146.8 142.6 138.9 135.2 132.2 130.1 128.0 125.1 120.9 117.5 114.5 110.8 108.1 104.3 100.4 97.4 93.5 90.4 87.4 85.1 83.1 TABLE 4 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS SEASONALLY ADJUSTED, BILLIONS OF DOLLARS — M O N E Y MARKET F U N D S — GENERAL PURPOSE INSTI& BROKER TUTION DEALER ONLY 1959 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1960 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1961 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 NON-M3 COMPONENTS OF L SAVINGS BONDS 47.7 47.6 47.5 47.4 47.3 47.1 46.9 46.8 46.6 46.4 46.3 46.1 45.9 45.8 45.7 45.7 45.7 45.6 45.6 45.6 45.6 45.6 45.6 45.7 45.7 45.8 45.9 45.9 46.0 46.0 46.1 46.2 46.2 46.3 46.4 46.5 SHORT-TERM TREASURY SECURITIES BANKERS ACCEPTANCES COMMERCIAL PAPER 34.0 33.3 33.5 34.1 34.9 35.9 37.2 38.3 38.9 39.2 39.3 38.6 39.2 39.6 39.6 39.3 38.9 39.1 38.9 37.7 38.1 37.9 37.2 36.7 36.9 36.5 36.1 36.2 36.1 35.9 36.2 35.9 35.7 36.1 36.6 37.0 0.6 0.6 0.6 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.7 0.7 0.7 0.6 0.6 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 1.0 1.0 1.0 1.0 1.0 1.1 1.1 1.1 1.1 3.1 3.2 3.3 3.3 3.4 3.5 3.5 3.6 3.6 3.7 3.7 3.6 3.9 4.1 4.3 4.4 4.5 4.7 4.8 4.9 4.9 5.0 5.1 5.1 5.1 5.0 5.0 5.0 5.0 4.9 5.0 4.9 4.9 5.0 5.0 5.2 TABLE 4 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS SEASONALLY ADJUSTED, BILLIONS OF DOLLARS — -MONEY MARKET FUNDS-— GENERAL PURPOSE INSTI& BROKER TUTION DEALER ONLY 1962 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1963 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1964 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 NON-M3 COMPONENTS OF L SAVINGS BONDS 46.5 46.5 46.6 46.6 46.6 46.6 46.7 46.8 46.8 46.8 46.8 46.9 47.0 47.1 47.2 47.3 47.4 47.5 47.6 47.7 47.8 47.9 48.0 48.1 48.2 48.3 48.3 48.4 48.5 48.6 48.6 48.7 48.8 48.9 48.9 49.0 SHORT-TERM TREASURY SECURITIES BANKERS ACCEPTANCES COMMERCIAL PAPER 37.5 37.2 37.7 38.1 38.2 38.7 38.6 39.1 39.0 37.7 39.2 39.8 39.6 40.2 40.1 39.4 39.5 39.3 39.0 40.0 41.1 40.3 40.7 40.7 40.4 40.0 40.0 40.3 40.5 40.8 39.7 38.6 39.4 39.4 39.0 38.5 1.1 1.1 1.1 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.1 1.1 1.1 1.0 1.0 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.2 1.2 1.3 1.2 1.2 1.3 1.3 1.3 5.4 5.5 5.6 5.6 5.7 5.9 6.0 6.2 6.6 6.7 6.8 6.8 6.8 6.9 7.0 7.2 7.4 7.4 7.4 7.5 7.5 7.5 7.7 7.7 7.7 8.0 8.0 7.8 8.1 8.3 8.5 8.7 8.7 8.9 9.0 9.1 TABLE 4 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS SEASONALLY ADJUSTED, BILLIONS OF DOLLARS — M O N E Y MARKET F U N D S — GENERAL PURPOSE INSTI& BROKER TUTION DEALER ONLY 1965 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1966 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1967 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 NON-M3 COMPONENTS OF L SAVINGS BONDS 49.1 49.2 49.2 49.3 49.3 49.4 49.5 49.5 49.5 49.6 49.6 49.6 49.7 49.7 49.7 49.8 49.8 49.9 50.0 50.0 50.1 50.1 50.1 50.2 50.3 50.3 50.4 50.5 50.6 50.6 50.7 50.8 50.9 51.0 51.1 51.2 SHORT-TERM TREASURY SECURITIES BANKERS ACCEPTANCES COMMERCIAL PAPER 38.0 38.1 38.6 39.0 39.6 40.3 40.7 40.7 40.4 40.2 40.7 40.7 41.3 41.6 41.4 41.5 42.0 42.1 41.1 40.1 40.4 42.3 43.8 43.2 41.6 40.4 39.8 38.7 37.2 36.2 35.7 36.4 37.0 37.6 38.3 38.7 1.3 1.3 1.5 1.5 1.5 1.4 1.4 1.5 1.5 1.5 1.5 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.7 1.8 1.8 1.8 1.7 1.8 1.8 1.7 1.7 1.8 1.8 1.9 1.9 1.8 1.8 1.8 1.7 1.8 9.2 9.1 9.2 9.4 9.7 9.8 10.0 10.2 10.2 10.3 10.4 10.2 10.3 10.5 10.8 11.2 11.4 11.4 11.8 12.5 12.7 12.8 13.6 14.4 15.1 15.5 16.0 16.5 16.8 17.1 17.0 17.0 17.1 17.2 17.2 17.8 TABLE 4 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS SEASONALLY ADJUSTED, BILLIONS OF DOLLARS -—MONEY MARKET FUNDS-— GENERAL PURPOSE INSTI& BROKER TUTION DEALER ONLY 1968 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1969 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1970 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 NON-M3 COMPONENTS OF L SAVINGS BONDS 51.2 51.3 51.3 51.4 51.4 51.5 51.5 51.6 51.6 51.7 51.7 51.8 51.8 51.9 51.8 51.8 51.8 51.8 51.8 51.7 51.7 51.7 51.7 51.7 51.8 51.7 51.7 51.6 51.5 51.5 51.6 51.6 51.7 51.8 51.9 52.0 SHORT-TERM TREASURY SECURITIES BANKERS ACCEPTANCES COMMERCIAL PAPER 40.0 41.0 41.8 43.4 44.8 45.8 46.5 46.9 47.1 47.5 46.7 46.1 48.0 50.1 52.0 53.4 53.2 53.7 53.6 54.9 56.5 56.9 58.1 59.5 60.6 61.4 60.7 59.2 57.8 57.5 57.5 56.5 54.0 53.2 51.3 48.8 1.9 2.0 2.0 2.0 2.1 2.0 2.0 2.0 2.0 2.1 2.3 2.3 2.4 2.4 2.5 2.5 2.6 2.7 2.9 2.9 3.1 3.2 3.3 3.3 3.3 3.3 3.3 3.3 3.5 3.5 3.5 3.3 3.1 3.2 3.3 3.5 18.5 18.5 18.7 18.5 18.3 19.3 20.0 20.6 21.3 21.5 21.9 22.5 22.7 23.2 23.9 24.6 25.2 26.5 28.0 29.4 30.6 31.9 33.2 34.0 35.0 36.1 37.4 38.5 39.5 39.9 38.7 37.8 36.9 35.7 34.9 34.5 TABLE 4 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS SEASONALLY ADJUSTED, BILLIONS OF DOLLARS — M O N E Y MARKET FUNDS-— GENERAL PURPOSE INSTI& BROKER TUTION DEALER ONLY 1971 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1972 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1973 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 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 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 NA NA 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 o.o 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 0.0 NON-M3 COMPONENTS OF L SAVINGS BONDS 52.2 52.3 52.5 52.6 52.8 53.0 53.2 53.5 53.7 53.9 54.1 54.3 54.6 54.8 55.1 55.3 55.6 55.8 56.1 56.4 56.7 57.0 57.3 57.6 57.9 58.2 58.4 58.7 59.0 59.3 59.5 59.7 59.8 60.0 60.2 60.4 SHORT-TERM TREASURY SECURITIES BANKERS ACCEPTANCES COMMERCIAL PAPER 48.1 45.7 43.2 42.1 39.8 39.9 42.0 41.5 39.0 37.4 36.3 36.0 36.2 36.3 36.9 36.6 36.8 36.7 35.8 35.9 36.2 37.2 39.3 40.7 41.6 43.0 43.8 44.8 46.1 47.2 47.9 48.7 49.2 48.8 48.8 49.3 3.6 3.4 3.3 3.5 3.7 3.9 4.0 4.3 4.6 4.1 3.9 3.8 3.8 4.0 4.0 4.0 3.8 3.5 3.2 3.2 3.2 3.3 3.5 3.5 3.4 3.4 3.5 3.6 3.5 3.7 4.0 4.2 4.6 4.9 4.9 5.0 34.1 33.6 33.0 32.7 32.4 31.8 31.4 31.7 32.1 32.5 32.5 32.7 33.1 32.9 33.3 33.7 33.6 34.3 35.0 34.9 34.6 34.8 35.0 35.2 35.5 34.9 34.3 34.9 35.5 36.5 36.8 37.3 37.6 40.3 42.5 42.8 TABLE 4 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS SEASONALLY ADJUSTED, BILLIONS OF DOLLARS — M O N E Y MARKET F U N D S — GENERAL PURPOSE INSTI& BROKER TUTION DEALER ONLY 1974 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1975 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1976 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 0.0 0.0 0.0 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NON-M3 COMPONENTS OF L SAVINGS BONDS 60.5 60.7 61.0 61.3 61.5 61.7 62.0 62.2 62.4 62.7 63.0 63.3 63.6 63.9 64.2 64.5 64.9 65.2 65.6 65.9 66.3 66.6 66.9 67.2 67.6 67.9 68.3 68.7 69.1 69.5 69.8 70.3 70.8 71.1 71.4 71.8 SHORT-TERM TREASURY SECURITIES BANKERS ACCEPTANCES COMMERCIAL PAPER 49.9 50.9 52.4 53.3 52.5 52.3 52.0 52.0 53.1 53.8 52.9 52.8 51.3 48.9 49.1 50.1 52.0 53.7 55.8 58.7 60.6 62.8 66.4 68.4 70.5 71.7 70.8 70.2 70.9 72.7 73.6 71.8 70.5 72.8 72.2 69.8 5.2 5.4 5.7 6.1 6.8 7.8 9.3 10.6 10.7 10.8 11.5 12.6 13.1 12.8 12.7 12.9 12.6 11.9 11.0 10.6 10.5 10.8 10.9 10.7 10.8 11.3 11.3 11.4 11.6 11.6 11.6 11.6 11.3 11.0 10.8 10.8 44.2 46.6 46.3 45.4 46.5 46.5 46.0 47.4 50.5 51.3 51.3 51.2 51.5 51.8 51.8 51.8 51.5 50.4 49.6 50.4 49.9 49.8 49.0 48.5 48.7 48.9 49.7 50.1 50.0 50.5 51.3 51.1 51.1 50.5 51.1 52.5 TABLE 4 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS SEASONALLY ADJUSTED, BILLIONS OF DOLLARS — M O N E Y MARKET F U N D S — GENERAL PURPOSE INSTI& BROKER TUTION DEALER ONLY 1977 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1978 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1979 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NON-M3 COMPONENTS OF L SAVINGS BONDS 72.2 72.6 73.1 73.5 73.9 74.3 74.8 75.1 75.4 75.7 76.0 76.4 76.8 77.3 77.8 78.3 78.8 79.1 79.4 79.6 79.8 80.0 80.1 80.3 80.4 80.5 80.7 80.8 80.8 80.8 80.8 80.7 80.6 80.4 80.0 79.6 SHORT-TERM TREASURY SECURITIES 69.7 71.9 72.5 73.1 72.2 71.3 72.3 74.6 75.2 75.3 76.7 78.1 79.2 79.2 77.5 76.6 75.2 74.1 73.7 75.5 77.8 78.1 78.5 81.1 82.1 83.4 88.6 94.2 99.6 107.1 105.9 102.2 103.3 103.8 104.8 107.8 BANKERS ACCEPTANCES 11.5 12.0 12.3 12.8 13.3 13.6 13.8 13.8 13.9 13.9 13.9 14.1 14.5 15.3 16.1 16.6 16.8 17.4 17.8 18.0 18.0 18.4 20.4 22.0 22.2 22.0 21.9 21.7 21.7 22.4 23.9 26.2 27.5 27.7 27.9 27.2 COMMERCIAL PAPER 53.0 53.5 54.2 55.5 56.2 58.6 58.9 59.9 60.3 61.2 63.0 64.1 65.1 66.0 66.4 68.1 69.6 71.2 72.6 73.1 73.9 76.0 78.4 80.7 82.0 84.2 86.2 88.3 89.0 91.5 92.7 94.9 96.4 98.0 98.1 98.4 TABLE 4 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS SEASONALLY ADJUSTED, BILLIONS OF DOLLARS — M O N E Y MARKET F U N D S — GENERAL PURPOSE INSTI& BROKER TUTION DEALER ONLY 1980 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1981 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1982 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NON-M3 COMPONENTS OF L SAVINGS BONDS 78.9 78.1 76.9 75.3 74.2 73.7 73.5 73.3 73.1 72.9 72.7 72.3 71.6 71.0 70.6 70.3 69.9 69.6 69.3 68.9 68.5 68.1 67.8 67.8 67.8 67.8 67.7 67.6 67.6 67.6 67.6 67.5 67.5 67.7 67.8 68.0 SHORT-TERM TREASURY SECURITIES BANKERS ACCEPTANCES 109.6 111.4 115.3 124.7 127.6 123.4 120.5 124.9 126.9 125.9 128.9 133.5 137.8 143.1 138.1 134.1 136.3 138.5 138.4 140.0 143.5 150.2 153.3 149.4 152.7 161.5 162.2 163.8 166.5 167.4 169.0 170.2 171.4 176.1 180.1 183.6 27.3 28.0 28.9 29.2 29.5 29.9 29.5 29.3 30.5 31.3 31.8 32.1 32.4 33.4 34.7 35.9 36.6 37.3 38.1 38.3 38.3 38.4 39.3 40.0 40.4 40.6 40.0 40.3 41.3 41.6 41.7 40.8 41.4 43.1 43.5 44.5 COMMERCIAL PAPER 99.9 100.0 100.4 101.8 101.7 98.6 96.1 96.8 98.4 99.4 99.8 98.8 99.9 98.5 96.8 95.5 98.1 99.8 100.9 101.9 104.8 103.9 104.2 105.3 105.8 109.1 110.8 109.7 111.5 112.7 116.3 113.6 109.8 111.4 107.4 113.7 TABLE 4 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS SEASONALLY ADJUSTED, BILLIONS OF DOLLARS -—MONEY MARKET F U N D S — GENERAL PURPOSE INSTI& BROKER TUTION DEALER ONLY 1983 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1984 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1985 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 168.0 158.9 152.1 146.2 140.8 139.4 138.4 139.7 138.8 137.9 138.9 138.3 138.0 140.5 142.2 144.0 145.9 148.0 150.1 151.0 152.9 155.6 161.7 167.1 171.8 172.7 174.0 173.5 171.2 174.6 175.4 177.1 177.4 176.8 176.5 176.1 47.2 47.3 46.2 43.9 43.1 43.0 41.8 42.2 42.7 43.0 42.6 42.7 42.2 43.8 44.6 44.9 45.3 46.7 46.8 47.5 48.1 54.2 58.8 63.7 64.9 62.6 60.6 61.3 65.4 70.4 67.5 66.6 65.9 66.0 65.3 65.8 NON-M3 COMPONENTS OF L SAVINGS BONDS 68.2 68.5 68.8 69.1 69.4 69.7 70.0 70.3 70.4 70.7 70.9 71.1 71.4 71.8 72.1 72.4 72.6 72.9 73.2 73.4 73.6 73.8 73.9 74.2 74.5 74.8 75.2 75.7 76.1 76.5 76.7 77.3 78.1 78.5 79.0 79.5 SHORT-TERM TREASURY SECURITIES 184.4 183.6 185.2 192.0 194.9 198.5 208.4 212.1 212.3 209.0 206.5 211.9 217.9 220.0 228.6 233.2 234.2 242.0 249.8 258.7 272.7 271.1 263.2 260.9 262.2 265.8 273.3 274.3 274.5 281.5 281.4 278.8 279.5 277.1 290.1 298.2 BANKERS ACCEPTANCES 45.0 43.7 42.5 42.1 41.5 41.0 42.0 43.9 44.3 43.5 43.9 45.0 44.1 43.1 43.7 44.3 46.0 47.5 47.6 47.4 46.8 45.7 45.4 45.4 45.3 46.6 47.7 47.2 46.0 44.1 43.7 44.2 43.8 43.6 43.2 42.0 COMMERCIAL PAPER 112.8 113.8 116.3 119.3 118.3 118.9 120.8 122.6 124.4 124.9 128.6 133.2 136.9 139.4 143.4 148.3 152.6 156.8 162.0 159.4 161.5 161.8 162.3 160.8 158.8 166.1 168.8 170.7 169.3 166.9 175.0 184.5 190.0 197.6 203.0 207.5 TABLE 4 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MONEY MARKET FUNDS GENERAL PURPOSE INSTI& BROKER TUTION DEALER ONLY 1986 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1987 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1988 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 177.7 179.0 182.9 188.7 192.8 197.3 200.1 201.3 203. 4 207.6 207.4 208.0 209.4 209.0 208.5 209.0 209.8 211.2 211.6 213.9 217.4 219.2 219.9 221.7 225.8 229.0 230.7 232.7 233.1 231.3 232.5 232.6 232.7 233.7 239.1 241.9 67.4 68.0 71.2 76.3 78.4 78.8 81.0 85.1 89.2 88.6 85.8 86.1 84.3 85.0 86.1 85.9 84.8 86.0 87.7 88.1 86.1 87.1 91.6 92.1 94.8 98.4 98.3 95.1 93.6 91.4 89.6 88.5 89.7 90.4 90.8 91.0 NON-M3 COMPONENTS OF L SAVINGS BONDS 79.9 80.4 81.1 81.7 82.6 83.4 84.3 85.4 86.5 87.8 89.9 91.8 92.6 93.4 94.2 94.9 95.7 96.4 97.2 98.0 98.4 99.0 99.6 100.6 101.6 102.6 103.5 104.4 105.2 105.8 106.5 107.1 107.6 108.3 108.8 109.4 SHORT-TERM TREASURY SECURITIES 297.1 299.9 297.7 295.7 299.8 296.0 292.1 287.1 284.0 277.8 280.4 280.0 277.1 279.6 268.7 254.7 259.1 261.0 255.1 257.9 258.9 265.9 265.2 253.0 255.7 256.0 252.2 259.4 260.8 257.1 265.0 269.1 266.7 264.5 263.9 269.6 BANKERS ACCEPTANCES 42.5 42.4 41.5 40.5 39.7 39.7 39.2 37.7 37.2 37.7 37.6 37.1 37.8 39.2 40.0 41.1 42.3 43.4 43.6 43.6 44.3 44.5 44.5 44.3 43.2 41.3 41.2 41.5 41.3 41.0 40.9 41.2 42.0 41.4 40.2 39.8 COMMERCIAL PAPER 207.3 208.2 209.2 205.9 208.6 212.1 215.7 220.2 224.1 229.4 231.0 231.2 237.0 238.9 239.7 244.2 250.5 251.5 250.0 250.8 258.1 258.3 255.6 260.5 269.6 273.8 280.2 284.6 296.1 300.1 309.2 311.6 309.8 315.6 325.6 336.1 TABLE 4 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS SEASONALLY ADJUSTED, BILLIONS OF DOLLARS — M O N E Y MARKET FUNDS-— GENERAL PURPOSE INSTI& BROKER TUTION DEALER ONLY 1989 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1990 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1991 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 243.6 246.1 252.2 257.2 263.1 270.9 280.0 289.6 297.7 305.0 312.3 316.3 320.0 324.9 325.6 326.9 325.5 327.6 330.4 337.4 341.8 344.6 345.2 348.9 356.6 361.0 365.0 366.6 367.8 368.8 367.9 363.5 361.9 361.7 361.4 361.5 90.7 90.0 89.3 91.7 95.9 101.2 104.4 106.2 106.7 106.2 106.9 107.2 108.0 107.8 109.2 111.2 112.6 114.3 117.0 121.3 124.1 127.8 128.8 133.7 138.3 145.5 148.5 152.9 155.2 155.3 155.4 158.6 162.6 168.2 173.6 179.1 NON-M3 COMPONENTS OF L SAVINGS BONDS 110.1 110.9 111.6 112.2 112.8 113.5 114.2 114.8 115.6 116.2 116.8 117.5 118.0 118.5 119.2 119.9 120.6 121.4 122.1 122.9 123.7 124.5 125.2 126.0 126.9 127.9 129.0 130.1 131.3 132.4 133.5 134.4 135.2 136.1 137.1 137.9 SHORT-TERM TREASURY SECURITIES 269.0 270.7 276.1 286.2 294.8 296.5 295.9 301.0 311.4 317.7 317.1 325.5 329.2 326.7 336.4 333.1 318.5 332.9 333.1 329.7 333.8 330.6 330.6 333.0 331.5 331.1 326.8 310.9 302.5 327.7 336.0 336.0 330.4 333.1 339.6 333.5 BANKERS ACCEPTANCES 39.8 40.1 41.3 41.6 41.6 41.6 42.4 42.8 41.8 40.5 40.2 40.1 39.7 37.8 36.8 35.9 35.7 35.2 33.4 32.4 32.6 32.9 33.8 34.0 35.3 34.6 32.1 30.6 29.1 28.1 28.1 27.2 25.8 25.3 24.5 23.1 « COMMERCIAL PAPER 335.5 343.6 349.0 354.5 349.6 351.9 349.9 356.3 349.7 349.7 349.0 348.6 343.1 344.6 343.1 352.9 350.8 352.9 349.2 348.2 358.8 357.7 355.2 359.3 363.4 357.1 353.8 341.6 327.9 333.0 339.8 336.3 337.7 336.2 337.9 335.0 TABLE 5 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS OTHER CHECKABLE DEPOSITS CURRENCY 1959 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1960 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1961 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC NONBANK TRAVELERS CHECKS DEMAND DEPOSITS AT CB'S AT THRIFTS TOTAL 28.4 28.2 28.3 28.3 28.5 28.7 29.0 29.0 28.9 28.8 29.0 29.3 28.7 28.4 28.5 28.6 28.6 28.7 28.9 28.8 28.8 28.9 29.1 29.3 28.6 28.4 28.4 28.5 28.5 28.6 29.0 28.9 29.1 29.2 29.5 29.9 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.3 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 113.4 110.8 109.8 111.1 109.8 110.3 110.9 110.6 111.1 111.5 112.4 114.0 114.3 111.0 109.7 110.8 108.7 108.9 109.5 110.1 111.3 111.9 112.9 114.8 115.5 112.9 111.8 113.5 111.7 112.1 112.2 112.1 113.6 114.8 116.4 118.9 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 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 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 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 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 M2 LESS Ml M3 LESS M2 OVERNIGHT RPS NET OVERNIGHT EUROS NET 147.7 148.4 149.5 150.5 151.5 153.1 154.2 154.8 155.8 156.2 156.0 157.0 158.2 158.7 159.7 160.6 161.3 163.0 164.6 165.9 167.3 168.7 169.3 170.8 173.0 175.1 176.6 177.9 179.5 181.6 183.4 184.4 185.7 187.1 187.8 189.3 2.2 2.2 2.2 2.2 2.3 2.3 2.3 2.2 2.1 2.0 1.9 1.8 1.9 1.9 2.0 2.1 2.2 2.2 2.3 2.5 2.6 2.6 2.6 2.7 3.0 3.3 3.6 4.0 4.4 4.8 5.1 5.2 5.2 5.2 5.2 5.2 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 TABLE 5 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS OTHER CHECKABLE DEPOSITS CURRENCY NONBANK TRAVELERS CHECKS DEMAND DEPOSITS AT CB'S AT THRIFTS 29.3 29.1 29.3 29.5 29.5 29.8 30.1 30.0 30.1 30.1 30.5 30.9 30.3 30.2 30.5 30.6 30.8 31.1 31.5 31.6 31.7 31.8 32.3 32.8 32.1 32.0 32.3 32.4 32.7 33.1 33.4 33.5 33.6 33.7 34.2 34.6 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.5 0.5 0.5 0.5 119.2 116.1 115.0 116.8 114.6 114.7 114.5 113.9 115.0 116.4 117.9 120.6 121.4 118.0 116.9 118.9 116.6 117.0 117.9 117.4 118.9 120.5 122.4 124.2 125.2 121.4 120.2 122.3 119.4 120.3 121.5 121.3 123.7 125.4 126.8 129.7 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 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 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 1962 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1963 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1964 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TOTAL M2 LESS Ml M3 LESS M2 OVERNIGHT RPS NET OVERNIGHT EUROS NET 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 192.3 194.7 197.4 199.3 200.5 202.8 205.1 206.5 208.5 210.6 211.7 213.9 217.0 219.4 221.9 223.8' 225.5 228.1 230.4 232.0 233.8 235.9 237.1 238.9 241.7 243.7 245.8 247.2 248.6 251.4 253.8 255.6 257.9 260.2 261.4 263.5 5.4 5.9 6.3 6.7 7.0 7.3 7.3 7.4 7.6 7.8 7.8 8.2 8.8 9.2 9.6 10.0 10.5 10.6 10.7 11.0 11.2 11.4 11.8 12.2 13.1 13.7 14.0 14.4 15.1 15.4 15.6 15.9 16.0 16.3 16.7 17.1 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 TABLE 5 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS OTHER CHECKABLE DEPOSITS CURRENCY NONBANK TRAVELERS CHECKS 34.0 33.9 34.0 34.1 34.3 34.6 35.1 35.2 35.3 35.7 36.2 36.7 36.2 36.0 36.2 36.4 36.7 36.9 37.4 37.5 37.5 37.7 38.2 38.7 38.1 37.9 38.1 38.2 38.5 38.8 39.2 39.2 39.3 39.6 40.0 40.8 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.6 0.6 0.5 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.7 0.7 0.7 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.7 0.8 0.7 0.7 0.7 0.7 0.7 1965 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1966 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1967 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC DEMAND DEPOSITS 130.7 125.8 125.3 127.9 123.8 125.3 126.1 125.4 128.0 130.2 131.5 135.4 137.1 132.0 131.9 135.4 130.7 132.4 131.0 130.1 132.9 133.2 134.1 137.5 137.8 133.0 134.1 135.8 133.1 136.1 137.2 137.2 139.7 141.6 143.1 146.9 AT CB'S AT THRIFTS TOTAL 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 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 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 M2 LESS Ml M3 LESS M2 OVERNIGHT RPS NET OVERNIGHT EURO$ NET 267.1 269.8 272.3 273.7 275.0 277.8 280.3 282.0 284.5 287.2 288.4 290.5 293.2 295.1 297.2 297.7 298.2 299.6 301.1 301.8 303.5 305.3 305.3 306.8 309.8 311.9 315.2 318.2 321.1 325.3 329.0 331.4 334.4 337.4 337.8 339.6 18.1 18.7 19.0 19.4 19.9 20.1 20.5 21.2 21.3 21.7 22.0 22.4 23.0 23.4 23.9 25.2 26.1 26.1 26.9 27.4 26.6 25.1 24.3 24.9 27.3 29.5 30.5 30.9 31.2 31.1 31.1 32.3 32.0 31.6 32.5 32.9 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 TABLE 5 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS OTHER CHECKABLE DEPOSITS CURRENCY 1968 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1969 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1970 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC NONBANK TRAVELERS CHECKS DEMAND DEPOSITS AT CB'S AT THRIFTS TOTAL 40.0 39.9 40.3 40.6 40.8 41.4 41.8 42.0 42.2 42.4 43.2 43.9 43.0 43.0 43.3 43.4 43.7 44.3 44.7 44.9 44.8 45.2 46.0 46.5 45.7 45.5 45.9 46.2 46.9 47.2 47.8 47.8 47.7 48.0 48.7 49.5 0.7 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.8 0.9 0.9 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.9 1.0 1.0 1.0 1.0 0.9 0.9 148.2 142.4 142.5 145.9 143.0 146.0 147.2 146.6 148.8 151.1 153.7 158.2 160.0 153.5 153.7 157.3 152.8 155.0 155.5 153.6 155.4 156.8 158.2 162.0 164.3 155.7 156.8 161.0 156.5 158.7 159.2 159.1 162.0 163.2 164.9 169.7 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 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 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.1 0.1 M2 LESS Ml M3 LESS M2 OVERNIGHT RPS NET OVERNIGHT EUROS NET 342.7 345.1 348.1 349.6 350*9 354.0 356.4 358.1 361.2 364.3 364.9 366.8 369.7 371.8 375.0 375.9 376.1 378.5 379.4 379.0 380.2 380.8 381.7 383.0 383.0 383.5 385.9 386.7 388.8 392.5 394.6 396.3 399.1 402.9 405.1 409.1 32.8 33.3 33.9 33.7 33.8 33.1 34.5 36.9 37.1 38.0 39.3 40.4 38.6 37.1 36.1 35.8 35.4 33.3 30.1 28.2 26.6 25.6 26.3 25.9 24.4 24.8 26.2 29.4 30.7 29.6 34.4 39.3 42.8 45.3 46.7 49.0 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 0.0 1.9 2.2 1.8 2.1 2.2 1.9 2.2 1.9 1.4 1.3 1.2 1.2 1.4 1.3 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 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 TABLE 5 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS OTHER CHECKABLE DEPOSITS CURRENCY NONBANK TRAVELERS CHECKS DEMAND DEPOSITS AT CB'S AT THRIFTS TOTAL 48.6 48.6 49.0 49.S 50.0 50.5 51.3 51.3 51.3 51.6 52.2 52.9 52.0 52.0 52.5 52.9 53.3 53.8 54.4 54.4 54.7 55.1 56.1 57.3 56.1 56.1 56.7 57.5 58.0 58.7 59.2 59.3 59.4 59.7 60.7 61.9 0.9 1.0 1.0 1.0 1.0 1.2 1.3 1.3 1.2 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.3 1.4 1.4 1.3 1.3 1.3 1.2 1.3 1.3 1.3 1.3 1.4 1.5 1.6 1.6 1.5 1.5 1.4 1.4 170.7 164.7 166.4 170.8 167.7 171.1 172.4 170.9 172.8 173.7 175.5 180.4 181.8 175.8 178.0 182.8 177.6 181.0 183.2 182.8 185.8 187.7 190.3 197.6 198.9 190.8 190.6 195.0 191.3 196.0 197.1 194.5 195.4 196.9 200.3 206.7 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 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 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 1971 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1972 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1973 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC M2 LESS Ml M3 LESS M2 416.4 425.1 435.1 443.9 449.5 454.8 459.1 462.1 466.2 471.1 474.9 479.0 486.9 495.6 504.5 509.6 513.1 520.0 526.9 531.4 535.9 542.1 545.6 549.8 558.8 565.4 570.3 574.8 578.5 584.8 587.4 586.7 584.8 586.9 588.6 591.6 51.7 53.3 54.7 53.5 54.5 54.5 55.6 57.5 58.4 60.6 61.2 63.1 64.2 64.7 64.4 66.7 70.2 70.9 71.8 76.0 76.9 77.3 78.6 80.3 82.6 88.0 95.5 98.9 102.3 102.3 107.7 117.2 123.6 125.0 122.5 123.3 OVERNIGHT RPS NET OVERNIGHT EURO* NET 1.3 1.4 1.5 1.8 2.1 1.8 1.8 1.9 1.9 2.0 2.5 2.3 1.9 2.3 2.4 2.7 2.7 2.9 3.1 3.1 2.7 2.7 3.1 2.8 3.0 3.6 3.5 3.4 3.5 4.0 4.8 4.9 5.4 5.9 5.9 5.3 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 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 TABLE 5 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS OTHER CHECKABLE DEPOSITS CURRENCY 1974 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1975 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1976 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC NONBANK TRAVELERS CHECKS 60.8 61.0 61.9 62.7 63.3 63.9 64.5 64.9 65.0 65.6 67.0 68.2 66.9 66.9 67.9 68.2 69.1 70.3 71.0 71.3 71.0 71.6 73.0 74.1 72.8 73.0 74.0 75.1 76.0 76.6 77.6 77.7 77.8 78.5 79.6 81.0 1.5 1.5 1.5 1.5 1.6 1.8 1.9 1.9 1.9 1.8 1.7 1.7 1.8 1.8 1.8 1.9 1.9 2.2 2.4 2.4 2.3 2.2 2.1 2.1 2.2 2.2 2.3 2.3 2.4 2.7 2.9 3.0 2.8 2.7 2.6 2.6 DEMAND DEPOSITS 206.1 198.3 199.8 204.0 198.1 202.3 203.6 201.0 202.6 204.1 206.7 211.7 209.4 200.8 202.7 207.1 202.8 209.3 210.4 208.5 210.4 210.5 214.1 218.3 217.3 209.1 210.4 217.4 211.6 214.7 216.2 214.6 215.9 219.6 221.1 228.4 AT CB'S AT THRIFTS TOTAL 0.0 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.3 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.7 0.8 0.8 0.9 1.0 1.1 1.2 1.2 1.3 1.4 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.6 0.6 0.6 0.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.5 0.6 0.7 0.8 0.9 1.0 1.0 1.1 1.2 1.3 0.7, 0.7 0.7 0.8 0.8 0.9 1.0 1.1 1.2 1.4 1.5 1.7 1.8 2.0 2.2 2.3 2.5 2.7 M2 LESS Ml M3 LESS M2 598.2 604.7 612.9 616.3 616.7 620.5 622.8 622.1 622.3 625.5 626.8 627.7 635.0 645.0 657.7 669.7 678.4 690.9 701.9 706.2 711.4 717.6 722.0 728.9 741.7 756.1 767.5 778.8 788.7 794.2 802.2 811.1 820.2 831.9 840.0 850.3 127.8 131.4 133.6 140.8 148.4 151.5 154.4 159.5 160.8 160.2 158.1 161.5 163.5 161.6 158.3 153.6 152.4 148.2 145.8 146.8 149.1 149.6 149.9 149.4 148.5 145.6 147.2 147.1 147.0 148.6 149.7 150.8 148.5 146.1 146.6 149.2 OVERNIGHT RPS NET OVERNIGHT EURO$ NET 5.3 6.0 6.4 6.2 6.6 7.0 6.9 7.2 7.1 6.5 6.8 5.7 5.2 5.8 5.8 5.9 6.2 5.9 6.2 6.1 6.9 6.5 6.7 5.9 6.1 6.7 7.0 7.5 9.1 8.4 8.4 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 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 10.2 9.7 9.1 10.0 10.7 TABLE 5 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS OTHER CHECKABLE DEPOSITS CURRENCY 1977 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1978 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1979 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 79.6 79.8 80.6 81.7 82.4 83.1 84.5 84.6 85.0 85.7 87.2 89.0 87.3 87.6 88.7 89.6 90.6 91.6 92.6 92.9 93.5 94.3 96.0 98.0 96.1 96.2 97.2 98.4 99.3 100.5 101.9 102.6 103.1 103.8 105.2 106.9 NONBANK TRAVELERS CHECKS 2.6 2.7 2.7 2.7 2.8 3.1 3.4 3.3 3.2 3.1 3.0 2.9 2.9 3.0 3.0 3.0 3.1 3.4 3.8 3.8 3.6 3.5 3.3 3.3 3.3 3.3 3.4 3.4 3.5 3.8 4.0 4.1 3.9 3.8 3.6 3.5 DEMAND DEPOSITS 228.6 219.7 222.0 231.1 223.4 228.3 231.0 228.8 231.9 235.3 237.3 244.1 244.8 233.0 234.8 246.1 239.9 245.4 248.3 245.9 250.6 252.1 252.6 258.4 253.9 241.4 243.5 256.1 246.0 253.1 257.0 254.3 257.1 258.6 259.5 266.0 AT CB'S AT THRIFTS TOTAL 1.4 1.4 1.5 1.5 1.4 1.5 1.6 1.6 1.7 1.8 1.8 1.9 1.9 1.9 2.0 2.1 2.0 2.1 2.1 2.2 2.3 2.3 3.6 5.4 6.9 7.8 8.9 1.5 1.5 1.6 1.7 1.7 1.8 1.9 2.0 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.6 2.8 2.8 2.9 2.9 3.0 3.0 3.1 3.1 3.2 3.2 3.3 3.5 3.6 3.7 3.9 4.0 4.1 4.1 4.2 4.2 2.8 2.9 3.1 3.1 3.2 3.3 3.5 3.6 3.8 3.9 4.0 4.2 4.3 4.4 4.5 4.7 4.8 4.9 5.0 5.1 5.2 5.3 6.7 8.5 10.2 10.1 11.0 11.7 12.1 12.5 12.5 12.3 12.7 10.1 11.0 12.2 13.6 13.8 14.7 15.6 16.1 16.6 16.6 16.5 16.9 M2 LESS Ml M3 LESS M2 864.4 875.8 888.6 899.7 907.4 915.1 924.0 929.2 935.4 942.3 944.5 948.8 958.3 964.7 974.0 980.6 983.8 989.8 997.3 1001.9 1009.9 1018.8 1019.5 1024.5 1033.7 1040.3 1051.4 1061.4 1066.5 1077.0 1086.9 1093.7 1101.8 1107.6 1105.4 1108.6 147.1 147.3 148.9 148.4 152.7 155.8 159.5 165.0 168.2 173.0 180.9 187.9 191.6 197.4 205.2 209.4 216.9 219.0 224.7 232.8 234.6 239.1 252.7 260.2 263.4 269.4 272.3 270.2 273.9 274.6 279.6 289.0 298.6 305.0 306.9 308.6 OVERNIGHT RPS NET OVERNIGHT EUROS NET 9.7 0.0 0.1 0.2 0.3 0.4 0.5 0.5 0.6 0.7 0.8 0.9 1.0 1.1 1.1 1.2 1.3 1.4 1.5 1.6 1.6 1.7 1.8 1.9 2.0 2.3 2.6 2.7 2.6 2.7 2.7 2.8 3.0 3.3 3.1 2.8 3.2 10.1 10.7 10.6 12.3 11.8 12.0 12.7 12.9 12.7 13.9 13.9 13.4 13.8 14.5 14.3 15.0 13.6 14.2 15.4 15.2 15.7 17.1 18.7 18.6 19.2 19.8 20.6 22.3 22.6 22.1 22.2 23.4 22.3 19.5 18.5 TABLE 5 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS OTHER CHECKABLE DEPOSITS CURRENCY 1980 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1981 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1982 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 105.1 105.4 106.5 107.3 108.5 109.7 111.3 112.2 112.2 113.3 115.7 117.4 114.5 114.7 115.8 117.3 118.3 118.9 120.4 120.5 119.9 120.4 122.1 124.6 122.3 122.2 123.2 125.0 126.6 127.7 129.2 129.6 129.6 130.7 132.2 134.8 NONBANK TRAVELERS CHECKS 3.6 3.6 3.6 3.6 3.7 4.0 4.3 4.4 4.3 4.1 3.9 3.9 4.0 4.0 4.0 4.0 4.1 4.3 4.7 4.7 4.5 4.3 4.1 4.1 4.1 4.1 4.2 4.2 4.3 4.6 4.9 4.9 4.7 4.5 4.2 4.1 DEMAND DEPOSITS 264.3 254.0 253.9 256.8 246.8 253.5 257.4 258.8 263.8 268.0 268.6 270.2 253.5 234.1 233.6 242.2 231.2 232.5 233.4 230.5 230.4 232.1 233.2 239.5 239.2 224.2 224.3 232.0 224.3 226.4 227.0 225.2 228.3 232.8 235.9 242.5 AT CB'S 13.4 13.6 13.9 14.8 14.2 15.4 16.7 17.7 18.7 19.6 20.5 21.0 35.6 43.0 48.2 55.1 52.6 54.3 55.8 56.5 58.1 58.5 60.6 63.4 67.0 65.9 67.4 71.5 67.9 69.2 69.4 70.8 73.5 76.2 79.3 81.0 AT THRIFTS 4.2 4.3 4.5 4.7 4.7 5.0 5.2 5.5 5.9 6.1 7.3 7.3 8.9 9.9 10.9 12.7 12.4 13.0 13.6 13.9 14.3 14.6 15.2 15.6 16.1 16.1 16.8 18.6 18.0 18.5 19.1 19.6 20.3 21.7 22.9 23.6 TOTAL 17.6 17.9 18.4 19.4 18.9 20.4 21.9 23.1 24.6 25.6 27.8 28.2 44.5 52.9 59.1 67.7 65.0 67.3 69.4 70.4 72.4 73.1 75.9 79.0 83.0 82.0 84.2 90.1 85.9 87.8 88.5 90.4 93.8 97.9 102.2 104.6 M2 LESS Ml M3 LESS M2 1119.1 1129.0 1139.8 1142.5 1149.0 1164.8 1182.9 1191.6 1198.5 1207.9 1213.6 1215.6 1226.1 1235.5 1253.1 1265.7 1271.4 1281.6 1294.5 1308.2 1316.2 1331.4 1341.9 1351.5 1367.0 1373.2 1387.7 1395.6 1404.8 1416.3 1429.4 1442.3 1449.0 1458.3 1463.8 1472.9 311.9 320.8 321.7 322.8 327.3 323.1 322.9 327.9 326.7 332.2 344.2 359.7 373.9 383.1 380.4 381.3 393.5 397.3 406.8 416.4 425.8 431.5 438.0 442.9 446.1 454.2 458.5 465.1 470.1 472.7 475.0 487.3 490.5 496.6 497.7 491.0 OVERNIGHT RPS NET 16.8 17.8 19.3 16.6 17.3 19.4 22.5 23.3 23.9 23.5 24.0 23.9 24.7 24.3 25.6 25.0 26.8 28.6 27.7 29.3 28.1 27.2 27.6 29.1 32.2 31.1 33.3 31.2 32.1 31.1 31.2 32.2 32.6 35.3 35.1 34.1 OVERNIGHT EUROS NET 5.3 4.6 4.3 3.7 4.1 4.1 4.7 4.7 5.0 5.5 5.1 4.9 5.8 4.9 5.3 5.9 6.3 7.3 8.0 8.8 7.2 6.0 7.0 7.5 9.0 7.6 6.8 6.4 7.5 7.8 9.0 8.8 7.8 7.3 7.5 5.8 TABLE 5 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS OTHER CHECKABLE DEPOSITS CURRENCY 1983 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1984 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1985 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 132.5 133.2 135.0 137.0 138.6 140.1 141.8 142.0 142.5 143.8 146.0 148.6 146.1 146.2 147.7 149.4 150.7 152.7 154.0 154.2 154.1 154.3 156.3 158.4 155.5 155.9 157.3 158.6 160.6 162.6 164.1 165.0 164.8 165.6 167.9 170.2 NONBANK TRAVELERS CHECKS 3.9 4.0 4.3 4.4 4.5 4.8 5.1 5.2 5.0 4.8 4.6 4.6 4.6 4.7 4.8 4.8 5.0 5.4 5.8 5.8 5.4 5.0 4.8 4.9 4.9 5.0 5.1 5.2 5.4 5.9 6.5 6.6 6.2 5.9 5.6 5.5 DEMAND DEPOSITS 239.1 227.0 229.4 237.0 232.3 236.8 239.7 236.5 237.6 240.2 240.9 247.4 245.3 233.3 234.8 243.6 237.1 242.9 243.4 239.1 241.2 241.0 244.1 253.0 249.8 240.0 241.4 250.1 246.3 254.5 257.0 255.8 260.5 261.2 264.5 276.9 AT CB'S 82.3 83.5 86.5 90.7 88.8 91.0 92.0 92.6 93.6 94.6 95.9 98.0 99.6 98.2 100.3 103.4 100.3 101.7 101.1 100.8 101.7 101.5 103.1 105.9 108.4 107.9 110.1 114.3 110.6 113.9 115.1 117.4 119.3 120.2 123.0 126.2 AT THRIFTS 25.2 26.5 27.7 29.7 29i9 31.0 32.0 32.3 32.8 34.0 34.7 34.9 34.8 34.7 36.0 38.0 37.9 39.0 39.5 39.5 40.3 40.7 41.7 42.5 42.8 43.3 44.8 47.2 46.8 48.6 49.6 50.6 51.6 52.9 54.3 55.0 TOTAL 107.5 110.0 114.3 120.5 118.6 122.0 124.0 124.9 126.5 128.6 130.6 132.9 134.4 132.9 136.3 141.4 138.2 140.8 140.6 140.2 142.0 142.2 144.8 148.5 151.2 151.2 154.9 161.5 157.4 162.5 164.8 167.9 170.9 173.1 177.3 181.2 M2 LESS Ml M3 LESS M2 1529.0 1561.3 1577.7 1587.9 1594.4 1605.2 1615.1 1619.8 1626.4 1645.1 1654.7 1660.8 1677.2 1694.2 1707.9 1717.4 1725.2 1735.6 1747.7 1755.0 1763.7 1780.9 1800.3 1818.2 1846.5 1863.2 1872.0 1868.3 1873.9 1894.4 1908.6 1916.4 1920.4 1931.3 1938.3 1945.7 466.4 459.0 457.8 458.3 460.7 465.1 465.9 477.3 484.5 482.7 500.3 509.2 511.2 520.2 532.4 540.8 556.4 563.5 574.3 585.8 593.1 604.8 611.6 615.8 611.3 609.3 613.8 613.1 617.9 615.1 607.8 614.1 622.7 627.5 632.8 636.0 OVERNIGHT RPS NET 36.0 37.1 38.5 40.4 42.9 43.2 42.1 41.0 41.8 44.3 44.1 44.2 46.5 47.8 47.4 47.6 48.8 46.2 45.8 48.2 47.5 47.9 50.0 48.2 50.3 55.1 54.5 49.0 51.6 51.0 51.2 52.5 53.5 53.9 55.6 56.5 OVERNIGHT EUROS NET 7.3 7.9 7.8 8.2 9.4 9.4 9.6 10.4 10.7 11.7 10.3 11.4 11.4 11.4 10.7 10.2 12.1 12.7 13.6 13.5 12.7 12.1 10.1 12.4 14.2 13.3 12.4 12.0 12.8 12.7 12.4 14.2 14.1 14.5 14.0 17.0 TABLE 5 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS OTHER CHECKABLE DEPOSITS CURRENCY 1986 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1987 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1988 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC NONBANK TRAVELERS CHECKS 167.3 167.6 169.4 170.8 173.0 174.6 176.2 177.0 176.4 177.8 180.2 183.1 180.9 181.5 182.9 184.8 187.0 188.6 190.5 190.9 190.9 192.6 195.9 199.3 197.0 197.1 199.1 201.6 203.6 205.8 208.0 207.9 208.0 209.0 211.3 214.8 5.5 5.6 5.8 5.8 5.9 6.5 7.2 7.3 6.9 6.5 6.1 6.0 6.0 6.2 6.4 6.4 6.5 7.1 7.7 7.9 7.6 7.0 6.6 6.5 6.6 6.8 6.9 6.9 7.1 7.6 8.2 8.2 7.9 7.5 7.1 6.9 DEMAND DEPOSITS 270.7 258.0 262.9 274.6 272.4 280.9 285.2 284.2 286.1 287.7 294.7 314.0 305.7 287.2 286.8 301.0 294.0 294.4 294.3 290.6 289.2 295.7 294.2 298.6 295.9 279.3 280.0 292.1 283.1 291.2 293.0 289.0 287.5 288.9 290.1 298.9 AT CB'S 128.5 127.1 129.6 135.2 133.2 137.1 139.4 143.1 147.1 150.7 155.9 163.1 170.1 168.0 170.9 179.1 172.1 173.4 173.4 175.0 176.8 177.2 178.2 180.6 184.4 182.1 184.3 191.3 185.1 187.7 188.9 189.0 189.8 189.1 191.4 195.2 AT THRIFTS 55.0 55.0 57.0 61.0 61.6 64.2 66.0 67.4 68.5 70.0 72.3 74.3 75.0 74.6 76.7 81.1 80.2 80.9 81.0 80.7 81.0 81.5 81.4 81.2 81.2 80.1 82.2 87.0 85.4 87.2 88.5 87.9 87.5 87.4 87.9 88.3 TOTAL 183.6 182.1 186.6 196.2 194.9 201.3 205.3 210.5 215.6 220.7 228.2 237.3 245.1 242.7 247.6 260.2 252.3 254.4 254.4 255.7 257.8 258.7 259.6 261.8 265.6 262.2 266.5 278.2 270.5 275.0 277.3 276.9 277.4 276.5 279.3 283.5 M2 LESS Ml M3 LESS M2 1957.7 1962.1 1974.7 1989.4 1998.2 2013.3 2035.3 2046.4 2054.5 2074.9 2078.4 2083.1 2104.5 2102.3 2105.3 2105.4 2099.0 2108.7 2119.9 2130.1 2139.3 2150.1 2154.2 2157.0 2181.8 2198.5 2215.5 2227.4 2232.4 2241.6 2250.5 2253.3 2252.2 2263.1 2277.6 2279.7 650.7 660.6 667.7 668.0 667.5 665.7 667.0 675.7 687.3 681.1 683.4 684.6 686.5 694.7 699.0 698.4 716.2 727.0 725.4 739.6 749.6 755.1 772.1 770.4 769.3 780.9 787.8 783.9 793.1 799.6 809.5 824.3 835.0 842.5 849.4 850.8 OVERNIGHT RPS NET 53.2 55.4 54.2 54.2 54.9 53.5 58.4 61.5 59.7 62.6 62.6 63.3 66.3 64.5 62.1 60.3 59.5 59.2 61.5 67.7 69.3 71.2 71.1 66.8 69.5 67.3 65.3 66.0 69.1 69.1 67.6 69.5 68.1 69.6 70.0 69.9 OVERNIGHT EUROS NET 19.1 16.4 16.4 17.5 17.6 16.6 17.3 17.1 17.3 19.4 18.8 19.0 22.1 19.5 18.7 20.7 20.9 20.1 18.8 18.4 21.1 21.0 16.5 17.3 19.3 16.5 14.8 15.4 17.4 17.3 16.0 16.1 15.0 14.0 13.1 13.3 TABLE 5 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS OTHER CHECKABLE DEPOSITS CURRENCY 1989 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1990 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1991 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 211.7 211.9 213.9 215.2 216.6 218.4 219.7 219.2 218.7 219.0 221.1 225.3 223.0 224.4 227.1 229.6 231.8 234.9 237.3 239.4 240.9 242.7 245.7 249.5 249.8 252.6 255.6 256.0 257.4 259.1 260.8 262.0 261.7 263.1 266.3 270.0 NONBANK TRAVELERS CHECKS 7.0 7.1 7.0 7.0 7.1 7.5 8.1 8.1 7.7 7.3 7.0 6.9 7.0 7.2 7.3 7.3 7.5 8.1 8.6 8.9 8.8 8.4 8.0 7.8 7.8 7.8 7.8 7.5 7.8 8.1 8.5 8.6 8.3 8.0 7,7 7.7 DEMAND DEPOSITS 290.5 275.8 276.0 283.2 273.5 276.7 281.8 277.1 276.3 280.4 281.5 291.5 282.9 271.3 271.6 280.0 269.0 275.2 277.3 276.8 278.1 278.2 280.6 289.9 277.4 268.0 270.1 277.7 271.7 279.9 280.9 278.8 278.6 283.7 291.1 303.0 AT CB'S 196.3 192.3 192.7 197.5 186.2 187.0 187.4 188.7 190.6 191.4 194.8 200.2 202.5 199.7 202.4 209.6 200.8 203.9 201.4 201.8 203.9 202.9 206.0 211.5 213.6 211.5 215.8 222.6 217.2 222.0 223.1 226.9 230.6 232.0 238.1 244.8 AT THRIFTS 87.6 85.5 85.9 88.2 83.6 84.3 84.9 84.6 85.6 86.3 87.0 88.0 86.8 85.5 87.5 91.2 87.8 88.4 87.9 87.4 86.9 85.3 85.8 85.4 84.2 83.4 85.8 89.2 87.7 89.0 89.0 88.3 88.2 88.6 90.7 91.7 TOTAL 283.9 277.9 278.6 285.8 269.9 271.3 272.3 273.3 276.2 277.7 281.7 288.1 289.4 285.2 289.9 300.8 288.6 292.2 289.3 289.2 290.8 288.3 291.8 296.9 297.7 294.9 301.6 311.8 304.9 311.0 312.1 315.1 318.7 320.6 328.8 336.5 M2 LESS Ml M3 LESS M2 2292.0 2293.2 2305.6 2309.1 2305.7 2327.4 2353.8 2371.9 2381.7 2399.2 2418.0 2428.1 2445.3 2460.4 2475.1 2478.0 2469.6 2478.0 2491.1 2501.4 2505.1 2512.8 2510.8 2507.8 2518.6 2535.0 2553.3 2557.4 2547.0 2549.9 2548.2 2545.7 2538.3 2540.2 2543.7 2538.9 851.9 861.3 874.8 872.2 880.4 880.0 874.1 869.7 859.4 844.5 842.0 830.3 823.1 815.2 807.0 796.2 798.7 792.3 788.7 794.1 785.1 778.8 781.6 772.8 778.4 792.5 783.3 772.2 768.1 757.2 748.0 751.0 741.2 737.0 735.4 729.7 OVERNIGHT RPS NET 69.9 68.2 67.7 64.1 63.2 65.0 64.2 63.2 59.6 61.6 62.2 63.1 64.6 67.5 67.0 64.3 66.7 66.6 67.5 66.7 64.6 66.0 60.5 55.0 52.0 51.4 49.0 50.0 51.3 52.3 51.1 52.8 51.8 53.2 53.8 53.1 OVERNIGHT EUROS NET 16.3 14.9 14.5 14.4 14.6 14.7 16.8 15.3 15.6 14.1 13.3 14.5 17.0 15.0 15.0 15.3 16.7 15.6 16.0 15.5 16.6 17.7 17.4 19.7 19.9 19.0 20.2 19.6 17.1 15.6 13.8 14.5 14.6 16.3 19.5 22.6 TABLE 6 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB'S 1959 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1960 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1961 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AT THRIFTS 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 51.5 51.7 52.0 52.2 52.4 52.9 53.1 53.4 53.7 53.9 54.0 54.3 54.3 54.2 54.4 54.5 54.6 54.9 55.2 55.8 56.4 57.0 57.3 57.8 58.5 59.3 59.9 60.3 60.5 61.0 61.4 61.8 62.1 62.7 63.2 63.7 84.4 85.0 85.7 86.3 86.9 87.9 88.7 89.1 89.6 90.1 90.5 91.5 92.4 93.0 93.7 94.3 94.8 95.9 96.7 97.2 97.9 98.8 99.5 100.7 101.8 102.7 103.6 104.2 104.8 106.1 107.0 107.4 108.2 109.1 109.8 111.2 — S M A L L TIME DEPOSITS— AT AT CB'S THRIFTS 9.4 9.4 9.6 9.8 9.9 9.9 9.9 9.8 9.8 9.6 9.1 8.8 8.9 8.9 9.0 9.3 9.3 9.5 9.8 10.0 10.0 10.0 9.8 9.6 9.8 10.1 10.2 10.5 11.0 11.3 11.6 11.6 11.7 11.7 11.2 11.0 2.3 2.2 2.2 2.2 2.3 2.4 2.5 2.6 2.7 2.6 2.5 2.4 2.6 2.5 2.5 2.5 2.6 2.7 2.8 2.9 3.0 2.9 2.8 2.7 3.0 2.9 2.9 3.0 3.1 3.2 3.4 3.6 3.8 3.6 3.6 3.5 -—LARGE TIME DEPOSITS— AT AT CB'S THRIFTS 1.5 1.5 1.5 1.5 1.6 1.6 1.6 1.5 1.4 1.3 1.2 1.1 1.2 1.2 1.3 1.3 1.4 1.4 1.5 1.6 1.7 1.7 1.7 1.9 2.1 2.4 2.5 2.8 3.1 3.3 3.5 3.7 3.7 3.7 3.7 3.7 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 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 TABLE 6 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB'S 1962 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1963 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1964 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AT THRIFTS 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 64.3 64.9 65.6 66.1 66.5 67.1 67.9 68.5 69.1 69.8 70.3 70.8 71.5 72.1 72.7 73.1 73.5 74.1 74.7 75.1 75.5 75.6 76.0 76.3 76.9 77.3 77.8 78.1 78.5 79.0 79.6 80.1 80.7 81.4 81.9 82.5 112.4 113.3 114.3 115.1 115.6 117.0 118.0 118.6 119.6 120.8 121.8 123.4 124.9 126.3 127.6 128.7 129.5 131.1 132.2 132.8 133.8 135.1 136.0 137.6 138.9 140.2 141.4 142.4 143.2 145.0 146.3 147.2 148.4 149.9 150.8 152.5 — S M A L L TIME DEPOSITS— AT AT CB'S THRIFTS 11.9 12.8 13.7 14.3 14.4 14.6 14.8 14.9 15.1 15.4 15.2 15.3 15.9 16.3 16.9 17.3 17.6 17.8 18.1 18.5 18.8 19.6 19.6 19.6 20.1 20.5 20.8 21.0 21.0 21.4 21.6 21.8 21.9 22.2 22.1 22.1 3.8 3.8 3.8 3.8 3.9 4.1 4.3 4.5 4.7 4.6 4.5 4.4 4.8 4.7 4.7 4.7 4.9 5.1 5.3 5.5 5.8 5.6 5.5 5.4 5.8 5.7 5.7 5.7 5.9 6.1 6.4 6.6 6.9 6.7 6.5 6.4 — L A R G E TIME DEPOSITS— AT AT CB'S THRIFTS 3.9 4.4 4.8 5.2 5.5 5.8 5.8 5.8 6.0 6.2 6.2 6.6 7.2 7.5 7.9 8.3 8.7 8.8 8.9 9.2 9.4 9.6 9.9 10.3 11.1 11.7 12.0 12.3 13.0 13.3 13.4 13.7 13.7 14.0 14.3 14.7 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 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 TABLE 6 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB'S 1965 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1966 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1967 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AT THRIFTS 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 83.5 84.2 85.1 85.6 86.1 86.8 87.7 88.6 89.5 90.6 91.4 92.1 92.3 92.1 92.1 90.6 90.0 89.8 90.5 89.9 89.8 89.9 89.7 89.7 89.4 89.1 89.8 90.3 90.8 91.6 92.2 92.6 93.0 93.9 93.8 93.9 153.7 154.8 156.0 156.7 157.0 158.6 159.6 160.0 161.1 162.4 163.2 164.8 165.7 166.2 166.3 165.5 164.4 164.6 164.0 163.0 163.0 163.1 162.7 163.7 163.6 163.5 164.4 165.0 165.3 166.6 167.5 167.8 168.6 169.6 169.5 170.1 — S M A L L TIME DEPOSITS— AT AT CB'S THRIFTS 23.1 24.0 24.5 24.7 24.9 25.3 25.5 25.8 26.0 26.6 26.3 26.2 27.4 28.7 29.9 31.9 33.2 33.6 34.1 35.5 36.5 37.8 37.8 38.0 39.7 40.9 41.9 43.0 44.1 45.3 46.5 47.4 48.4 49.3 49.4 49.8 6.8 6.8 6.7 6.7 6.9 7.1 7.4 7.6 7.9 7.7 7.5 7.4 7.8 8.1 8.9 9.6 10.6 11.6 12.5 13.4 14.2 14.6 15.0 15.4 17.2 18.4 19.1 19.9 20.9 21.9 22.9 23.6 24.3 24.6 25.1 25.8 LARGE TIME DEPOSITS— AT AT CB'S THRIFTS 15.8 16.5 16.9 17.4 18.0 18.2 18.6 19.4 19.5 19.9 20.2 20.6 21.2 21.6 22.1 23.4 24.3 24.2 25.0 25.4 24.6 23.1 22.2 22.8 25.1 27.3 28.3 28.7 29.0 28.9 29.0 30.2 30.0 29.5 30.4 30.7 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 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 TABLE 6 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB'S 1968 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1969 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1970 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AT THRIFTS 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 94.0 94.0 94.9 94.9 94.8 95.1 95.0 95.0 95.2 95.7 95.6 95.8 95.7 95.3 96.0 95.6 95.2 95.3 94.5 94.0 93.8 93.9 93.4 93.3 92.8 92.3 92.9 93.4 93.6 94.2 94.8 95.0 95.4 96.4 96.5 97.3 169.4 168.9 169.6 169.6 169.1 170.0 170.0 169.9 171.0 171.8 171.7 173.2 172.9 172.1 173.0 172.7 171.9 173.0 172.0 170.2 170.3 170.2 169.5 170.1 168.1 164.7 162.6 160.1 158.1 158.5 158.3 157.8 158.6 159.8 160.1 161.7 — S M A L L TIME DEPOSITS— AT AT CB'S THRIFTS 51.6 53.1 53.8 54.6 55.4 56.4 57.7 58.9 60.5 61.9 62.2 62.5 64.0 65.5 66.6 67.2 67.6 68.4 69.4 69.6 70.1 70.3 70.2 70.6 71.1 72.1 72.7 72.1 72.8 74.4 74.3 74.7 75.6 76.5 77.4 78.4 27.8 29.1 29.8 30.6 31.6 32.5 33.7 34.3 34.6 34.9 35.5 35.3 37.2 38.9 39.4 40.5 41.5 41.8 43.5 45.2 46.0 46.3 46.7 46.8 49.1 52.3 55.6 59.2 62.0 63.5 65.8 67.5 68.3 69.0 69.7 70.4 — L A R G E TIME DEPOSITS— AT AT CB'S THRIFTS 30.6 31.0 31.4 31.1 31.0 30.2 31.4 33.6 33.8 34.7 36.2 37.5 35.8 34.3 33.2 32.8 32.4 30.4 27.2 25.3 23.9 22.6 21.4 20.5 19.6 19.2 20.3 23.8 24.9 24.2 29.6 34.5 38.0 40.5 41.9 44.5 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 0.0 0.0 0.0 0.1 0.2 0.2 0.3 0.4 0.4 0.5 0.6 0.6 0.7 0.7 TABLE 6 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB"S 1971 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1972 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1973 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 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 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 AT THRIFTS 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 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 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 98.9 100.8 104.1 106.4 107.3 108.2 108.5 108.6 109.0 110.2 110.3 111.3 113.1 114.7 117.1 118.3 118.7 119.9 120.5 121.0 121.5 122.5 122.4 123.0 123.8 124.1 125.3 126.1 126.7 127.7 127.7 126.2 125.5 126.2 125.8 126.1 162.8 164.3 166.5 168.5 170.2 172.6 174.2 174.7 175.8 177.2 177.4 178.7 179.4 181.0 183.6 185.3 185.9 188.2 189.8 190.3 191.4 193.0 193.8 195.7 196.2 197.3 199.6 200.6 200.5 202.4 202.7 200.0 198.1 198.1 197.0 197.7 — S M A L L TIME DEPOSITS— AT AT CB'S THRIFTS 80.1 82.9 85.1 86.7 87.8 88.7 88.9 89.5 90.6 91.4 93.0 93.6 95.3 97.5 99.2 98.6 98.9 100.2 101.8 102.7 103.9 105.4 106.2 107.0 110.1 111.9 112.1 112.9 113.8 114.9 114.2 115.4 113.5 112.9 114.5 115.7 73.4 75.7 78.0 80.5 82.1 83.5 85.6 87.3 88.9 90.4 91.8 93.2 97.2 100.1 102.2 104.7 106.8 108.8 111.8 114.3 116.5 118.5 120.0 121.3 125.7 128.6 129.8 131.9 134.0 135.8 138.0 140.1 142.4 143.9 145.4 146.7 — L A R G E TIME DEPOSITS— AT AT CB'S THRIFTS 47.2 48.5 49.6 47.9 48.5 48.7 49.8 51.5 52.3 54.2 54.0 56.1 57.5 57.4 56.6 58.5 61.9 62.1 62.5 66.3 67.7 68.1 68.8 70.8 72.4 76.4 83.6 86.9 89.8 89.0 93.3 102.3 108.1 108.7 106.0 107.6 0.8 0.9 0.9 1.0 1.1 1.1 1.2 1.3 1.3 1.4 1.5 1.5 1.6 1.7 1.7 1.8 1.9 2.0 2.1 2.1 2.2 2.3 2.4 2.5 2.5 2.6 2.7 2.8 2.9 2.9 3.0 3.1 3.2 3.3 3.4 3.6 TABLE 6 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB'S 1974 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1975 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1976 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AT THRIFTS 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 127.4 128.1 130.1 131.6 131.9 133.0 134.0 133.3 132.8 133.8 133.8 134.7 136.5 138.2 141.9 145.4 147.6 151.5 153.6 153.8 154.2 155.7 156.5 158.9 163.4 169.9 175.4 180.0 182.4 183.0 184.5 186.1 188.1 192.2 195.0 199.0 197.3 197.7 200.0 200.9 200.0 200.9 200.9 199.2 198.5 199.2 199.3 200.7 201.5 203.7 207.8 211.2 213.5 217.8 220.5 221.1 222.3 224.1 224.9 226.5 227.3 230.1 234.4 237.2 238.2 240.8 242.7 243.4 244.9 247.5 248.5 250.2 -—SMALL TIME DEPOSITS-AT AT CB'S THRIFTS 117.3 119.5 121.6 121.2 121.0 121.1 120.4 120.9 121.5 122.8 123.4 122.1 123.6 126.4 128.9 130.7 132.1 133.9 135.8 136.8 137.4 138.7 139.8 141.4 143.0 143.9 142.4 141.8 143.8 144.3 145.1 147.4 150.3 152.6 153.8 154.8 150.7 153.2 154.7 156.3 157.1 158.2 160.2 160.8 161.6 161.9 162.0 162.7 166.1 168.3 170.4 173.4 175.9 178.8 182.9 185.5 187.7 189.9 191.4 193.5 199.2 202.7 205.6 209.6 212.4 215.1 219.0 221.6 224.7 228.0 230.2 233.3 — L A R G E TIME DEPOSITS— AT AT CB'S THRIFTS 111.9 114.0 115.0 121.8 128.3 130.7 133.4 138.0 139.3 139.0 135.9 140.1 142.2 139.1 135.9 130.8 129.0 125.3 122.6 123.2 124.2 124.8 124.6 124.7 121.9 117.9 118.8 117.6 114.8 116.8 117.2 115.5 113.7 111.6 110.5 112.2 3.7 3.9 4.0 4.1 4.2 4.2 4.3 4.4 4.5 4.7 5.1 5.3 5.7 5.9 6.2 6.3 6.3 6.2 6.2 6.2 6.2 6.3 6.3 6.4 6.4 6.5 6.5 6.5 6.4 6.5 6.9 7.3 7.5 7.6 7.7 7.8 TABLE 6 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS ■— AT CB'S 1977 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1978 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1979 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 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 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 MMDAS AT THRIFTS 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 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 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 203.7 206.5 210.3 213. 4 214.2 214.6 215.9 216.5 216.5 217.4 216.2 216.0 218.0 218.7 220.9 222.7 223.0 223.2 222.8 222.1 222.1 222.1 217.5 214.0 211.5 208.9 208.9 209.0 207.4 207.8 208.9 208.1 206.0 202.9 195.5 192.9 251.2 253.5 256.8 259.7 260.4 263.5 265.9 266.8 268.6 270.8 270.9 272.2 272.4 273.8 277.1 278.5 278.0 278.3 276.0 273.9 273.7 272.8 267.8 264.1 257.9 254.1 254.4 252.4 249.3 251.0 252.0 250.2 246.9 239.8 230.4 227.7 ---SMALL TIME DEPOSITS-AT AT CB'S THRIFTS 157.1 159.3 161.2 162.5 164.3 165.6 165.7 165.3 165.6 166.0 166.0 166.9 168.9 170.5 171.1 171.1 172.0 173.3 173.9 174.9 177.5 179.8 181.8 184.7 189.7 192.6 194.9 198.5 202.6 206.5 208.7 212.6 216.9 222.7 230.9 235.1 240.2 243.9 246.9 250.7 253.4 256.9 261.8 265.1 268.7 272.2 274.1 276.4 281.9 283.9 286.1 289.4 290.9 296.0 304.6 309.6 314.9 321.4 327.8 334.6 346.0 353.4 359.4 365.4 367.4 369.5 373.0 375.4 380.7 389.0 395.4 398.0 ---LARGE TIME DEPOSITS-AT AT CB'S THRIFTS 111.1 110.7 110.9 109.5 110.5 112.9 115.5 119.7 122.3 126.7 132.0 137.9 140.1 142.6 147.6 150.3 155.4 157.2 160.4 165.3 167.0 169.1 177.8 182.9 183.3 184.4 184.1 179.4 178.3 174.2 174.6 178.6 184.4 189.9 192.4 194.4 7.8 7.8 8.0 8.2 8.5 8.9 9.3 9.6 9.8 9.9 10.0 10.2 10.7 11.3 11.9 12.7 13.4 13.9 14.4 15.1 15.6 15.8 16.0 16.3 17.2 18.0 18.6 19.2 20.4 22.2 24.0 25.5 26.7 28.4 30.3 31.8 TABLE 6 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS -MMDAS AT CB'S 1980 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1981 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1982 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 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 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 26.3 AT THRIFTS 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 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 16.9 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 191.5 187.8 184.1 178.8 177.6 182.2 188.5 191.7 192.6 193.8 190.9 183.8 176.5 172.2 171.7 172.8 170.3 168.0 167.8 163.9 160.5 158.8 157.4 157.4 159.0 158.0 159.2 160.5 160.1 160.1 159.9 159.4 159.8 162.9 165.1 188.5 223.6 219.6 216.2 209.5 205.5 210.9 218.6 223.5 226.1 226.2 220.4 213.3 204.3 200.3 200.6 201.8 198.1 195.4 196.1 190.2 186.7 184.3 183.0 183.8 186.4 185.1 185.5 186.1 185.5 186.1 186.0 184.6 185.3 191.5 195.0 208.7 -—SMALL TIME DEPOSITS— AT AT THRIFTS CB'S 240.6 246.8 255.6 266.1 269.8 268.9 266.9 266.2 267.7 271.0 277.6 286.0 297.0 303.0 307.0 307.6 312.0 317.4 319.8 327.7 333.9 342.0 346.6 347.7 350.9 357.0 363.5 367.6 373.1 377.6 383.7 388.1 390.4 389.1 387.9 380.0 403.6 407.1 412.0 419.8 424.0 423.5 422.3 420.8 422.0 426.6 433.6 442.0 454.0 458.0 460.0 458.2 460.0 463.6 464.3 468.0 470.8 477.3 477.4 475.4 475.8 478.3 480.7 482.1 482.6 483.9 488.3 488.8 488.8 486.1 483.2 471.4 — LARGE TIME DEPOSITS— AT AT CB'S THRIFTS 193.6 196.2 198.4 198.2 198.9 191.6 186.7 189.0 192.3 196.3 205.9 218.3 226.6 231.1 228.7 223.2 229.5 233.4 238.1 245.3 248.1 247.8 249.2 251.6 252.1 256.6 259.0 259.0 260.1 261.6 265.2 269.2 269.1 270.8 270.3 265.1 33.5 35.0 35.8 36.8 38.1 38.9 39.8 40.7 41.8 43.2 43.4 44.6 46.1 46.8 46.9 47.2 49.0 49.4 50.3 51.7 52.7 52.9 53.1 53.4 54.8 56.3 56.9 56.9 57.4 58.0 58.2 59.0 60.1 61.7 63.6 63.3 TABLE 6 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB'S 1983 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1984 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1985 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 114.8 164.0 186.4 198.6 208.8 216.4 218.9 219.7 221.6 224.0 227.5 230.5 234.7 239.1 243.4 245.7 243.9 243.9 243.2 242.8 244.8 248.4 257.4 267.5 280.8 289.7 294.4 296.5 298.9 308.0 313.5 318.1 321.6 324.8 329.7 332.9 AT THRIFTS 76.0 117.1 136.6 145.0 151.2 154.6 154.4 152.2 151.0 149.6 148.4 148.7 149.8 151.9 154.6 156.2 155.8 153.7 151.4 147.6 146.2 146.4 148.1 150.8 156.5 162.5 167.5 168.1 169.2 171.7 175.5 178.8 180.3 182.0 182.6 182.1 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 265.0 307.4 328.6 340.9 350.7 357.8 359.4 358.0 358.2 359.9 361.3 362.7 366.3 369.3 374.0 377.1 375.6 376.1 374.3 370.6 370.2 372.7 380.1 389.0 402.0 410.4 415.3 417.7 421.0 431.4 438.3 442.5 445.7 449.7 454.4 456.8 256.6 292.9 312.8 322.5 328.5 332.5 333.1 328.4 325.8 324.3 321.1 319.7 320.1 321.3 325.7 327.8 326.8 324.9 322.1 314.6 312.1 312.0 312.1 313.2 319.1 325.2 331.5 332.9 334.3 338.9 344.7 348.0 349.6 354.3 356.1 355.7 — S M A L L TIME DEPOSITS— AT AT CB'S THRIFTS 356.7 339.7 329.9 323.9 321.6 322.4 327.0 332.6 337.2 344.1 349.2 351.2 353.9 355.6 357.0 358.2 361.8 367.0 372.2 379.3 383.5 385.7 386.8 387.1 386.2 384.1 383.7 383.9 385.4 386.8 387.2 386.2 385.7 385.1 384.1 384.6 439.9 416.5 405.9 404.3 400.3 400.1 405.6 410.7 415.2 423.5 430.3 433.7 441.7 447.2 448.7 451.1 454.0 460.4 469.8 478.9 486.3 495.6 500.0 501.6 503.8 500.9 497.9 497.6 497.7 499.0 499.8 497.2 496.1 497.8 498.1 499.5 — L A R G E TIME DEPOSITS— AT AT CB'S THRIFTS 245.1 233.9 228.4 224.4 221.4 224.0 221.8 226.1 227.4 225.4 228.5 231.7 232.2 233.4 237.2 238.1 246.6 252.3 257.7 262.6 266.9 271.5 269.9 271.0 267.5 267.9 273.4 273.9 273.3 270.4 268.2 272.9 278.3 281.7 283.2 285.5 60.5 60.2 61.5 64.9 68.5 70.8 75.1 80.4 85.7 90.7 93.6 96.4 101.6 107.0 110.3 114.3 119.4 124.2 129.8 134.5 135.4 140.4 144.0 147.0 149.8 150.4 148.7 148.7 151.1 150.7 148.9 149.4 150.5 151.3 151.6 151.9 TABLE 6 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB'S 1986 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1987 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1988 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 337.2 337.6 341.1 345.5 349.4 356.1 360.1 364.7 369.3 373.1 376.6 379.7 382.2 379.1 379.0 376.4 370.0 368.9 366.6 365.4 363.8 360.6 358.8 359.0 359.7 360.0 361.7 361.2 358.0 360.9 360.5 358.1 355.0 353.6 354.8 353.2 AT THRIFTS 181.6 182.0 182.6 182.9 184.5 187.3 189.3 190.9 191.6 193.5 194.6 194.1 194.7 194.5 194.4 191.9 190.1 187.7 184.5 181.3 178.6 175.4 171.1 168.6 166.6 164.8 165.0 164.3 163.8 163.5 162.5 160.8 157.6 155.3 153.6 151.6 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 461.8 461.7 466.4 473.0 479.5 488.8 495.6 502.6 510.6 519.9 527.4 534.1 542.2 542.6 546.6 548.8 545.0 545.7 545.3 544.0 542.2 539.4 536.4 535.8 538.3 539.8 544.7 546.7 545.6 551.1 552.7 549.6 545.3 544.3 547.5 543.8 355.8 356.6 359.7 363.4 368.9 375.9 382.1 386.1 390.0 397.6 402.2 404.0 409.4 413.4 418.9 422.3 424.2 425.0 423.6 419.1 415.7 412.6 404.8 399.5 397.0 394.5 397.3 399.2 399.8 401.3 401.5 397.1 391.5 388.8 385.0 381.1 -—SMALL TIME DEPOSITS— AT AT CB'S THRIFTS 386.9 387.6 387.8 385.6 383.1 381.8 381.3 379.5 377.1 372.6 368.3 366.0 365.5 363.1 361.0 357.0 356.9 361.2 365.8 368.9 371.0 376.4 384.2 387.2 391.4 396.3 400.5 402.5 405.2 409.2 414.2 419.4 426.0 433.2 439.6 446.0 503.8 503.9 504.5 505.1 501.5 499.9 501.4 499.5 497.9 496.4 492.2 489.4 490.4 488.3 486.1 484.7 483.1 487.5 494.8 499.2 503.9 511.4 521.8 529.5 540.8 552.7 557.9 561.8 563.3 564.4 568.2 570.0 574.5 580.7 583.7 584.9 - — LARGE TIME DEPOSITS— AT AT CB'S THRIFTS 293.8 296.7 295.6 292.1 289.8 287.8 288.0 291.1 292.4 289.5 288.6 289.2 292.8 295.5 300.2 302.8 309.0 311.8 310.9 , 314.4 316.9 320.0 324.8 325.8 323.6 328.2 332.4 330.1 333.0 337.7 343.4 352.6 358.8 363.1 363.7 365.9 152.8 154.0 156.2 157.0 157.5 157.3 157.7 158.2 157.7 156.4 153.4 150.7 149.6 149.0 147.5 144.4 145.6 146.7 148.3 151.1 153.9 157.7 160.7 163.3 164.5 165.0 165.6 166.4 167.7 167.3 168.0 169.8 174.2 176.6 176.6 175.2 TABLE 6 COMPONENTS OF MONEY STOCK MEASURES NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS MMDAS AT CB'S 1989 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1990 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1991 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 349.1 343.7 341.1 337.2 328.0 329.1 331.7 336.6 339.9 343.3 352.0 356.6 357.9 359.3 362.9 364.8 362.8 367.6 369.3 373.7 375.7 376.5 380.5 382.2 380.9 385.2 391.5 394.4 396.4 402.8 405.7 409.9 NA NA NA NA AT THRIFTS 148.3 144.2 141.6 136.7 131.8 130.6 130.9 131.6 132.1 132.8 133.6 133.6 133.5 133.9 135.3 134.9 133.0 131.8 130.8 131.0 131.1 129.6 130.2 128.6 128.5 128.7 130.8 132.7 134.7 136.6 137.9 137.6 NA NA NA NA SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 538.4 531.7 528.9 523.6 511.8 512.5 516.3 521.1 524.3 529.2 538.2 543.0 546.0 549.0 554.8 557.6 556.0 562.9 566.4 570.1 571.6 574.5 578.3 580.0 581.1 587.4 598.4 604.9 609.3 620.0 626.1 631.9 635.8 644.6 655.3 662.3 375.9 368.5 366.0 358.5 349.7 348.4 348.7 347.1 347.4 348.9 348.9 347.6 347.7 348.3 352.2 353.5 351.0 350.2 349.6 347.6 345.9 343.3 342.0 337.7 336.8 338.7 345.4 351.4 356.4 361.1 364.7 364.6 365.1 368.7 373.2 376.3 -—SMALL TIME DEPOSITS-AT AT CB'S THRIFTS 456.5 466.9 477.4 487.6 497.9 504.5 509.2 513.5 516.3 521.7 525.9 529.5 534.2 539.5 542.8 546.8 556.3 568.1 578.3 581.0 585.5 596.0 598.0 606.3 612.1 617.8 619.9 616.7 614.2 615.7 617.3 620.8 619.1 615.2 606.9 598.7 591.7 594.0 593.8 599.8 606.9 614.3 621.6 623.3 621.8 620.4 617.9 616.0 616.0 612.1 610.2 608.1 599.6 591.0 586.9 584.5 580.3 572.7 570.1 562.2 560.5 554.8 546.7 541.7 533.5 521.0 511.9 499.3 491.2 482.5 474.5 466.7 ---LARGE TIME DEPOSITS— AT AT CB'S THRIFTS 368.8 376.4 385.6 388.7 392.4 392.7 393.1 396.0 397.1 398.6 399.8 397.1 395.5 394.6 394.1 388.6 390.2 389.4 389.2 388.0 383.0 379.5 378.8 373.0 376.6 383.9 382.6 378.4 380.4 379.1 373.5 373.8 369.7 362.8 356.9 352.8 175.5 175.2 174.2 175.3 177.3 177.0 175.3 174.0 171.4 167.8 164.9 162.0 158.2 154.1 150.0 146.2 142.9 139.2 134.9 132.7 130.7 128.1 125.2 120.6 116.7 114.1 110.9 107.7 104.6 100.7 97.3 93.9 90.8 87.4 85.1 82.8 TABLE 7 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS -MONEY MARKET FUNDSGENERAL INSTI PURPOSE & BROKER TUTION DEALER ONLY 1959 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1960 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1961 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 TERM EUROS NET -—NON-M3 COMPONENTS OF LSHORT TERM COMMERCIAL BANKERS' TREASURY SAVINGS PAPER SECURITIES ACCEPTANCES BONDS 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 0.8 0.9 1.0 1.1 1.2 1.4 1.5 1.6 1.6 1.5 1.5 1.5 1.5 47.7 47.6 47.5 47.4 47. 3 47.1 46.9 46.8 46.6 46.4 46.3 46.1 45.9 45.8 45.8 45.7 45.7 45.6 45.6 45.6 45.6 45.6 45.6 45.7 45.7 45.8 45.9 45.9 46.0 46.0 46.1 46.2 46.2 46.3 46.4 46.5 TERM RP'S AT CB'S 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 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 AT THRIFTS 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 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 34.3 34.3 34.1 34.6 35.5 35.5 37.0 38.5 37.9 38.3 38.6 38.1 39.5 40.8 40.3 40.0 39.6 38.7 38.5 37.9 37.2 37.0 36.6 36.3 37.2 37.6 36.9 36.8 36.9 35.6 35.7 36.0 34.7 35.2 36.0 36.6 0.6 0.6 0.6 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.7 0.7 0.7 0.6 0.6 0.7 0.8 0.8 0.9 0.8 0.9 0.9 0.9 1.0 1.0 1.0 1.0 1.0 1.0 1.1 1.1 1.1 1.1 2.9 3.2 3.3 3.3 3.5 3.5 3.5 3.7 3.6 3.7 3.8 3.5 3.6 4.1 4.4 4.5 4.6 4.7 4.7 5.0 4.9 5.0 5.3 4.9 4.8 5.1 5.1 5.1 5.0 4.9 5.0 5.0 4.9 5.0 5.2 5.0 TABLE 7 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS -MONEY MARKET FUNDSGENERAL INSTI PURPOSE TUTION & BROKER DEALER ONLY 1962 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1963 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1964 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 TERM EURO$ NET -—NON-M3 COMPONENTS OF LSHORT TERM BANKERS' COMMERCIAL TREASURY SAVINGS PAPER SECURITIES ACCEPTANCES BONDS 1.5 1.5 1.6 1.6 1.5 1.5 1.5 1.6 1.6 1.6 1.6 1.6 1.7 1.7 1.7 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.9 1.9 2.0 2.0 2.0 2.1 2.1 2.2 2.2 2.2 2.3 2.3 2.4 2.4 46.5 46.6 46.6 46.6 46.6 46.6 46.7 46.8 46.8 46.8 46.8 46.9 47.0 47.1 47.3 47.4 47.4 47.5 47.6 47.7 47.8 47.9 48.0 48.1 48.2 48.3 48.4 48.4 48.5 48.6 48.6 48.7 48.8 48.8 48.9 49.0 TERM RP'S — AT CB'S 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 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 AT THRIFTS 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 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 37.7 38.3 38.5 38.8 39.2 38.4 37.9 39.1 37.9 36.7 38.7 39.5 39.8 41.5 41.1 40.2 40.7 39.1 38.0 39.9 40.0 39.2 40.2 40.4 40.6 41.4 41.2 41.2 41.7 40.5 38.5 38.3 38.3 38.2 38.5 38.1 1.1 1.1 1.1 1.1 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.1 1.1 1.1 1.0 1.0 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.2 1.2 1.3 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 5.1 5.5 5.6 5.7 5.8 5.9 6.0 6.4 6.6 6.8 7.0 6.5 6.4 6.9 7.1 7.2 7.5 7.4 7.4 7.7 7.5 7.5 8.0 7.5 7.3 8.0 8.0 7.9 8.2 8.2 8.5 8.9 8.7 9.0 9.3 8.8 TABLE 7 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS -MONEY MARKET FUNDSGENERAL PURPOSE INSTI & BROKER TUTION DEALER ONLY 1965 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1966 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1967 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 TERM RP'S AT CB'S 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 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 AT THRIFTS 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 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 TERM EURO$ NET -—NON-M3 COMPONENTS OF LSHORT TERM COMMERCIAL BANKERS' TREASURY SAVINGS PAPER SECURITIES ACCEPTANCES BONDS 2.4 2.3 2.2 2.1 2.0 1.9 1.9 1.9 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.9 1.9 2.0 2.0 2.1 2.1 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.1 2.1 2.1 2.1 2.1 2.2 49.1 49.2 49.2 49.3 49.3 49.4 49.5 49.5 49.5 49.5 49.6 49.7 49.7 49.7 49.7 49.8 49.8 49.9 50.0 50.0 50.0 50.1 50.1 50.2 50.3 50.3 50.4 50.5 50.6 50.6 50.7 50.8 50.9 51.0 51.1 51.2 38.2 39.5 39.8 39.9 40.9 39.9 39.3 40.1 39.3 39.1 40.2 40.3 41.7 43.3 42.8 42.7 43.3 41.5 39.5 39.4 39.4 41.2 43.2 42.8 42.1 42.2 41.4 39.8 38.3 35.6 34.2 35.7 36.1 36.6 37.7 38.3 1.2 1.3 1.4 1.5 1.5 1.4 1.4 1.5 1.5 1.5 1.5 1.6 1.6 1.6 1.5 1.6 1.6 1.7 1.7 1.8 1.8 1.8 1.7 1.8 1.7 1.7 1.7 1.7 1.8 1.9 1.9 1.8 1.9 1.8 1.7 1.8 8.7 9.1 9.2 9.4 9.9 9.8 10.0 10.5 10.2 10.3 10.7 10.0 9.8 10.5 10.8 11.3 11.6 11.4 11.8 12.9 12.7 12.8 14.0 14.1 14.4 15.4 16.1 16.6 17.1 17.1 17.1 17.4 17.0 17.0 17.5 17.4 TABLE 7 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS -MONEY MARKET FUNDSGENERAL INSTI PURPOSE & BROKER TUTION ONLY DEALER 1968 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1969 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1970 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 TERM RP'S AT CB'S 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 0.2 2.3 2.7 2.1 2.5 2.6 2.3 2.6 2.2 1.6 1.5 1.4 1.4 1.6 1.6 AT THRIFTS 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 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 TERM EUROS NET ---NON-M3 COMPONENTS OF LSHORT TERM BANKERS' TREASURY COMMERCIAL SAVINGS PAPER SECURITIES ACCEPTANCES BONDS 2.3 2.4 2.5 2.6 2.8 3.0 3.1 3.3 3.3 3.3 3.1 2.9 2.8 2.9 3.0 3.0 3.0 2.9 2.9 2.9 2.8 2.8 2.6 2.7 2.7 3.0 3.2 3.1 3.0 2.9 2.8 2.8 2.8 2.8 2.5 2.2 51.2 51.3 51.3 51.4 51.4 51.5 51.5 51.6 51.6 51.7 51.8 51.8 51.9 51.8 51.8 51.8 51.8 51.8 51.8 51.7 51.7 51.7 51.7 51.7 51.7 51.7 51.6 51.6 51.6 51.6 51.6 51.7 51.7 51.8 51.9 52.0 40.5 42.8 43.6 44.6 46.0 44.8 44.6 46.0 46.1 46.4 45.9 45.7 48.7 52.4 54.3 54.7 54.4 52.3 51.5 53.8 55.5 55.8 57.3 59.1 61.1 63.2 62.6 59.8 57.6 56.1 55.7 55.9 53.6 52.6 51.4 49.1 1.9 1.9 1.9 2.0 2.1 2.1 2.0 2.0 2.0 2.2 2.3 2.3 2.4 2.4 2.4 2.4 2.5 2.7 2.9 3.0 3.2 3.3 3.3 3.3 3.2 3.2 3.3 3.3 3.5 3.5 3.6 3.5 3.2 3.2 3.2 3.4 17.7 18.4 18.8 18.7 18.7 19.3 20.0 20.9 21.2 21.3 22.3 22.1 21.9 23.2 24.1 24.8 25.7 26.5 28.0 29.7 30.4 31.6 33.7 33.6 34.0 36.3 37.7 38.7 40.0 39.9 38.5 38.0 36.5 35.5 35.5 34.2 TABLE 7 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS -MONEY MARKET FUNDSGENERAL PURPOSE INSTI TUTION & BROKER DEALER ONLY 1971 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1972 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1973 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 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 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 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 0.0 0.0 0.0 0.0 0.0 0.0 TERM EUROS NET — N O N - M 3 COMPONENTS OF LSHORT TERM COMMERCIAL BANKERS' TREASURY SAVINGS PAPER SECURITIES ACCEPTANCES BONDS 2.1 2.3 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.6 2.7 2.7 2.8 2.9 3.1 3.2 3.2 3.3 3.5 3.7 3.8 3.6 3.6 3.6 3.9 4.5 4.9 5.0 5.3 5.4 5.4 5.6 5.6 5.6 5.6 5.5 52.1 52.2 52.4 52.6 52.9 53.1 53.3 53.5 53.7 53.9 54.1 54.3 54.5 54.8 55.0 55.3 55.6 55.9 56.2 56.4 56.7 56.9 57.2 57.5 57.8 58.1 58.4 58.7 59.0 59.3 59.6 59.8 59.9 59.9 60.2 60.4 TERM RP'S AT CB'S 1.5 1.6 1.8 2.2 2.5 2.1 2.1 2.2 2.3 2.4 3.0 2.7 2.3 2,7 2.8 3.1 3.2 3.4 3.6 3.7 3.1 3.2 3.7 3.3 3.5 4.2 4.2 4.0 4.1 4.7 5.6 5.8 6.3 6.9 7.0 6.3 AT THRIFTS 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 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.4 0.5 0.5 0.4 0.4 48.5 47.0 44.6 42.6 39.7 39.0 40.6 41.0 38.8 37.1 36.4 36.3 36.7 37.2 37.9 37.1 36.7 35.8 34.5 35.3 36.0 37.0 39.6 41.2 42.2 43.8 44.9 45.4 45.9 45.9 46.0 47.8 48.8 48.8 49.5 50.3 3.5 3.2 3.3 3.5 3.7 3.9 4.0 4.5 4.7 4.2 3.9 3.7 3.7 3.9 4.0 4.0 3.8 3.5 3.3 3.3 3.3 3.3 3.4 3.4 3.3 3.3 3.5 3.5 3.5 3.7 4.0 4.4 4.7 4.9 4.8 4.8 33.4 33.9 33.3 32.8 32.7 31.7 31.1 31.5 31.7 32.4 33.1 32.6 32.7 33.4 33.6 33.7 33.8 34.1 34.6 34.5 34.1 34.8 35.7 35.2 35.2 35.5 34.6 34.6 35.4 36.0 36.3 36.7 37.2 40.6 43.5 42.9 TABLE 7 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS -MONEY MARKET FUNDSGENERAL INSTI PURPOSE TUTION & BROKER DEALER ONLY 1974 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1975 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1976 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 0.1 0.1 0.1 0.2 0.2 0.3 0.4 0.7 0.9 1.2 1.5 1.7 2.1 2.6 2.9 3.0 3.0 3.0 2.9 2.8 2.8 2.8 2.8 2.7 2.7 2.7 2.7 2.7 2.6 2.5 2.4 2.4 2.4 2.4 2.4 2.4 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.6 TERM RP'S AT CB'S 6.2 7.1 7.5 7.2 7.8 8.2 8.1 8.4 8.3 7.7 8.1 6.8 6.2 7.0 6.9 7.1 7.4 7.1 7.4 7.3 8.2 7.7 8.0 7.0 7.3 8.0 8.4 8.9 10.8 10.0 10.0 12.1 11.5 10.8 11.9 12.7 AT THRIFTS 0.5 0.4 0.5 0.5 0.6 0.7 0.8 0.9 1.0 1.0 1.0 1.0 1.0 1.0 0.9 0.8 0.8 0.8 0.8 0.8 0.9 1.0 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.3 1.3 1.3 1.2 1.2 1.2 TERM EURO$ NET 5.5 6.0 6.6 7.1 7.5 7.6 7.7 7.7 7.4 7.5 7.9 8.1 8.2 8.4 8.3 8.3 8.6 8.5 8.5 8.9 9.2 9.4 9.6 9.8 11.4 11.8 12.1 12.6 13.4 13.7 14.0 14.2 14.1 14.4 14.8 14.8 ---NON-M3 COMPONENTS OF LSHORT TERM COMMERCIAL BANKERS' TREASURY SAVINGS PAPER SECURITIES ACCEPTANCES BONDS 60.4 60.7 61.0 61.3 61.5 61.8 62.1 62.3 62.4 62.7 63.0 63.2 63.5 63.9 64.2 64.5 64.9 65.2 65.6 66.0 66.3 66.6 66.9 67.2 67.5 67.9 68.3 68.7 69.1 69.5 69.8 70.3 70.8 71.1 71.5 71.8 50.8 51.7 53.5 53.8 52.2 50.7 50.0 51.0 52.5 54.0 53.9 53.9 52.2 49.7 50.1 50.7 51.6 52.1 53.7 57.4 59.8 63.2 67.6 69.8 71.8 72.7 72.1 71.0 70.6 70.5 71.2 70.3 69.6 73.0 73.1 71.0 5.0 5.3 5.6 6.1 6.8 7.9 9.5 10.9 11.0 11.0 11.3 12.0 12.7 12.7 12.6 12.9 12.8 12.1 11.3 10.8 10.7 10.8 10.5 10.1 10.6 11.4 11.4 11.5 11.8 11.9 12.0 11.8 11.4 11.0 10.4 10.2 44.6 47.3 46.7 45.1 46.4 45.7 45.4 46.6 49.8 51.7 52.5 51.3 52.1 52.4 52.1 51.6 51.5 49.7 49.2 49.6 49.2 50.0 50.0 48.5 49.3 49.4 49.8 50.0 50.1 50.0 51.1 50.4 50.3 50.6 52.0 52.4 TABLE 7 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS -MONEY MARKET FUNDSGENERAL PURPOSE INSTI& BROKER TUTION DEALER ONLY 1977 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1978 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1979 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2.4 2.5 2.4 2.4 2.3 2.2 2.2 2.3 2.4 2.4 2.5 2.4 2.6 2.9 3.1 3.3 3.5 3.8 4.1 4.5 4.8 5.3 5.8 6.4 7.8 9.6 11.2 12.9 14.8 16.9 19.5 22.2 24.7 27.7 30.9 33.4 0.7 0.8 0.8 0.8 0.9 0.8 0.8 0.7 0.6 0.7 0.7 0.9 1.2 1.4 1.6 1.9 2.2 2.4 2.5 2.7 2.9 2.9 2.9 3.1 3.6 4.2 4.8 5.5 6.2 6.9 7.8 8.3 8.3 8.4 8.8 9.5 TERM R P ' S — — AT CB'S 11.6 11.9 12.7 12.6 14.6 14.0 14.2 15.1 15.4 15.1 16.5 16.5 15.9 16.4 17.2 17.0 17.8 16.1 16.8 18.1 18.0 18.9 20.7 22.1 22.0 22.8 23.9 24.7 26.9 27.2 26.4 26.6 28.1 27.1 24.3 24.1 AT THRIFTS 1.2 1.3 1.3 1.4 1.5 1.7 1.8 1.9 2.0 2.1 2.3 2.4 2.6 2.7 2.8 3.0 3.2 3.4 3.5 3.6 3.7 3.8 3.9 4.1 4.2 4.1 4.0 4.1 4.2 4.4 4.7 4.9 5.1 5.2 5.1 5.0 — TERM EUROS NET 14.7 14.8 15.2 15.8 16.8 17.6 18.0 18.0 18.1 18.5 19.5 20.2 21.4 23.3 24.2 24.7 25.2 26.2 27.2 28.2 27.7 28.8 31.5 31.8 33.6 36.3 37.2 37.4 38.2 40.1 42.6 45.6 46.6 46.7 46.9 44.7 SAVINGS BONDS 72.2 72.6 73.0 73.4 73.9 74.3 74.7 75.1 75.4 75.8 76.2 76.6 77.0 77.4 77.8 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 NON-M3 COMPONENTS OF L SHORT TERM TREASURY BANKERS' SECURITIES ACCEPTANCES 70.8 72.8 73.9 74.2 72.4 69.6 70.3 73.0 74.2 75.1 77.0 79.0 80.3 80.1 79.2 78.0 75.9 72.8 71.9 73.8 76.8 77.4 78.1 81.5 83.1 84.5 91.1 96.1 101.0 106.1 103.5 99.8 101.8 102.5 103.6 107.9 11.3 12.2 12.5 12.9 13.5 13.9 14.0 13.9 13.9 13.8 13.4 13.4 14.4 15.6 16.3 16.8 17.0 17.6 18.0 18.1 18.0 18.3 20.0 21.3 22.1 22.5 22.3 21.8 21.8 22.5 23.8 26.2 27.5 27.7 27.7 26.8 COMMERCIAL PAPER 53.5 53.9 54.1 55.6 56.4 58.3 59.0 59.2 59.2 61.1 63.8 64.0 65.8 66.4 66.0 68.2 70.1 71.1 73.1 72.1 72.5 75.7 79.2 80.4 82.8 84.8 85.6 88.2 89.8 91.9 93.5 93.6 94.6 97.4 98.9 97.9 TABLE 7 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS TERM RP'S -MONEY MARKET FUNDSGENERAL INSTI PURPOSE TUTION & BROKER DEALER ONLY 1980 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1981 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1982 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AT CB'S 37.8 45.3 48.3 47.9 50.7 55.9 59.4 61.5 61.2 61.4 62.1 61.6 63.7 72.9 82.9 94.3 98.1 101.3 110.8 120.4 128.9 135.7 143.0 150.6 153.8 155.9 158.8 161.8 163.8 169.7 171.3 180.3 184.4 186.1 190.1 184.5 23.2 23.1 21.6 21.2 21.1 21.6 23.1 25.4 24.9 25.9 26.2 27.4 28.6 27.9 26.3 26.6 27.5 28.7 27.7 26.0 25.9 25.7 27.8 27.2 24.9 25.2 24.9 26.8 24.7 23.2 21.6 24.0 23.9 25.0 26.4 25.9 10.6 11.9 12.0 11.9 14.0 17.3 19.9 20.3 18.2 16.8 15.9 15.2 16.1 18.7 22.0 24.0 22.5 22.8 24.6 26.3 29.5 32.7 35.2 38.0 37.2 35.6 36.8 36.6 37.5 39.1 41.7 49.1 51.0 51.6 52.7 51.1 AT THRIFTS 4.9 5.0 5.1 5.1 5.1 5.0 4.9 4.9 5.2 5.6 5.9 6.1 6.2 6.1 5.9 6.1 6.4 6.6 6.7 6.7 6.9 7.2 7.5 8.1 8.4 8.3 8.2 8.3 8.4 8.3 8.3 8.0 7.9 7.8 7.5 7.5 TERM EUROS NET 47.0 50.7 49.6 50.5 51.0 49.9 50.2 49.0 45.2 45.4 48.4 50.3 53.0 55.3 53.4 56.6 61.0 59.2 62.3 63.1 65.2 68.0 68.6 67.5 72.0 75.5 76.7 82.4 86.6 87.0 84.7 82.8 82.5 83.8 82.0 81.7 — N O N - M 3 COM PONENTS OF LSHORT TERM BANKERS' TREASURY SAVINGS COMMERCIAL PAPER SECURITIES ACCEPTANCES BONDS 79.2 78.2 76.8 75.1 73.9 73.5 73.3 73.2 73.1 73.0 72.9 72.7 71.9 71.1 70.6 70.1 69.7 69.4 69.1 68.8 68.5 68.1 68.0 68.1 68.1 67.8 67.6 67.4 67.4 67.4 67.4 67.5 67.5 67.7 68.0 68.2 110.8 112.8 118.7 127.1 129.4 122.8 118.3 122.3 125.2 124.3 127.2 133.0 139.2 145.0 142.3 136.4 137.4 138.1 136.4 137.8 141.6 148.7 151.3 148.7 154.1 163.6 167.1 165.9 166.3 166.7 167.2 168.5 169.4 174.9 178.4 182.6 27.5 28.5 29.2 29.2 29.3 29.9 29.2 29.2 30.5 31.4 31.9 32.1 32.8 33.8 34.7 35.6 36.2 37.1 37.7 38.0 38.5 38.7 39.7 40.5 41.0 40.9 39.6 39.7 40.8 41.3 41.2 40.8 41.7 43.4 43.9 45.2 100.8 100.7 99.9 101.5 102.8 99.5 97.0 95.6 96.8 98.8 100.2 98.2 100.6 99.1 96.4 95.2 99.1 101.0 101.9 100.9 103.3 103.1 104.2 104.5 106.4 109.6 110.8 109.3 112.5 114.3 117.5 112.8 108.5 110.4 107.1 112.7 TABLE 7 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS TERM RP'S -MONEY MARKET FUNDSGENERAL PURPOSE INSTI & BROKER TUTION DEALER ONLY 1983 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1984 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1985 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC AT CB'S AT THRIFTS 167.5 160.0 154.2 147.6 140.9 139.8 138.3 138.7 137.5 137.2 138.4 137.8 137.2 141.7 144.3 145.4 146.0 148.3 149.9 149.9 151.3 154.9 161.2 166.6 171.0 174.2 176.7 175.2 171.3 174.7 175.0 175.8 175.7 176.0 175.8 175.6 26.1 27.3 28.6 29.5 31.1 29.5 27.5 29.2 29.3 27.9 31.9 32.9 30.9 32.2 31.9 32.5 32.0 29.2 28.1 30.7 31.3 32.1 33.1 31.4 29.5 29.6 30.4 32.1 30.7 31.0 29.9 30.5 31.1 30.4 31.5 31.9 7.6 7.7 8.2 8.7 9.3 10.2 11.2 11.9 12.9 13.9 15.3 17.0 17.3 17.3 19.5 22.4 24.8 27.1 28.8 30.2 32.2 31.8 29.0 26.2 24.8 24.5 24.1 23.7 23.2 22.7 22.9 23.6 24.3 26.0 28.2 30.5 48.7 48.0 46.7 44.0 43.3 42.2 41.3 41.2 41.8 42.8 43.5 43.2 43.5 44.6 45.0 45.0 45.3 45.7 46.1 46.2 46.9 53.7 60.0 64.5 66.8 64.0 61.3 61.4 65.3 69.0 66.5 64.9 64.3 65.3 66.5 66.5 TERM EURO$ NET 82.5 86.0 88.7 91.4 92.3 91.9 92.1 91.9 90.7 86.0 90.4 91.5 88.8 88.8 92.1 92.0 92.9 89.2 88.2 86.4 85.4 80.4 81.7 82.9 81.0 81.1 84.3 80.3 80.5 77.9 77.2 78.6 78.8 78.1 78.3 76.5 — N O N - M 3 COMPONENTS OF LSHORT TERM COMMERCIAL BANKERS' TREASURY SAVINGS PAPER SECURITIES ACCEPTANCES BONDS 68.4 68.5 68.7 69.0 69.3 69.6 69.9 70.2 70.4 70.7 71.0 71.3 71.6 71.8 72.1 72.3 72.6 72.8 73.0 73.3 73.5 73.8 74.0 74.4 74.6 74.9 75.3 75.6 76.1 76.5 76.6 77.1 78.0 78.5 79.0 79.6 185.8 186.0 190.4 194.0 193.1 197.1 206.4 210.9 210.4 208.2 205.4 211.7 219.5 222.7 234.2 235.1 230.7 239.6 247.4 257.7 270.7 270.4 263.4 261.7 264.4 269.1 278.5 276.0 269.6 277.8 277.6 277.5 277.8 276.8 292.2 301.0 45.6 43.8 41.9 41.2 41.1 40.8 41.7 44.0 44.7 43.9 44.3 45.7 44.6 43.1 43.0 43.4 45.6 47.2 47.5 47.6 47.2 46.0 45.8 46.0 45.6 46.5 46.9 46.3 45.8 44.1 43.7 44.5 44.1 44.0 43.6 42.4 113.2 114.2 116.6 118.9 119.0 120.8 121.9 122.0 123.1 123.9 127.9 132.1 137.4 139.9 143.9 147.8 153.3 159.3 162.7 158.8 160.3 161.0 161.1 159.2 159.7 166.7 169.5 170.1 170.2 169.5 175.4 183.5 188.9 197.0 200.9 205.2 TABLE 7 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS -MONEY MARKET FUNDSGENERAL INSTI PURPOSE TUTION & BROKER ONLY DEALER 1986 JAN 177.1 FEB 180.5 MAR 185.7 APR 190.7 MAY 192.7 JUN 196.9 JUL 199.2 AUG 200.1 SEP 201.9 OCT 206.5 NOV 206.8 DEC 207.3 1987 JAN 208.8 FEB 210.9 MAR 212.0 APR 211.6 MAY 209.4 JUN 210.1 JUL 210.2 AUG 212.8 SEP 216.1 OCT 218.1 NOV 219.4 DEC * 220.8 1988 JAN 225.5 FEB 231.3 MAR 235.0 APR 235.8 MAY 232.1 JUN 229.4 JUL 230.3 AUG 231.6 SEP 231.8 OCT 232.4 NOV 238.7 DEC 240.8 69.4 69.7 72.2 76.2 78.2 77.2 79.9 83.4 87.0 87.2 87.1 86.8 86.7 87.4 87.7 85.9 84.6 84.2 86.4 86.6 84.0 85.4 92.5 92.7 97.5 101.8 100.5 95.2 93.3 89.6 88.2 87.5 87.4 88.2 91.2 91.4 TERM RP'S AT CB'S AT THRIFTS 33.5 35.6 36.9 35.2 35.1 33.4 32.8 33.9 35.6 34.5 37.3 35.5 34.1 35.4 34.7 37.5 40.3 40.4 38.6 39.8 40.7 37.6 40.0 38.3 37.9 42.7 43.0 43.6 45.5 46.4 45.0 44.7 42.6 43.1 45.3 40.4 31.7 31.4 31.1 32.4 34.7 37.0 37.0 37.4 38.8 40.6 43.0 45.1 46.1 48.5 49.2 52.9 58.5 63.6 65.4 66.0 67.8 69.1 69.5 67.7 68.2 66.8 64.4 66.0 70.2 72.9 75.5 75.3 77.0 79.2 80.3 81.4 TERM EUROS NET 75.9 79.1 82.7 81.4 79.5 79.8 78.4 78.5 82.3 79.0 80.1 83.8 85.3 88.1 88.5 84.0 86.8 88.0 84.7 90.4 94.7 93.2 93.0 91.0 86.4 86.8 91.1 90.1 92.4 93.9 97.2 102.8 102.8 100.6 101.5 105.7 — N O N - M 3 COMPONENTS OF LSHORT TERM BANKERS' TREASURY COMMERCIAL SAVINGS PAPER SECURITIES ACCEPTANCES BONDS 80.0 80.5 81.1 81.8 82.6 83.4 84.2 85.2 86.4 87.8 89.9 91.9 92.7 93.5 94.3 95.1 95.8 96.5 97.1 97.7 98.3 98.8 99.6 100.6 101.7 102.7 103.6 104.6 105.4 105.9 106.5 106.9 107.4 108.1 108.7 109.2 300.5 303.8 301.9 296.7 294.3 291.0 286.4 284.8 282.8 278.3 284.5 284.6 281.4 283.2 271.1 254.7 254.4 255.3 248.7 254.8 258.2 267.2 270.6 259.1 260.8 258.9 253.5 258.1 255.7 250.3 257.5 265.0 266.5 266.8 270.4 277.6 42.5 42.2 40.8 39.9 39.6 39.8 39.2 37.9 37.4 38.0 38.0 37.4 37.8 38.9 39.3 40.5 42.2 43.5 43.6 43.6 44.4 44.8 45.1 45.1 43.4 41.0 40.4 40.9 41.1 41.0 40.8 41.2 41.9 41.5 40.9 41.0 209.1 209.1 209.8 205.2 210.3 215.3 215.3 219.0 223.1 228.7 227.9 228.7 239.3 240.4 240.2 243.8 253.6 255.1 249.2 249.2 256.8 257.1 251.6 257.8 272.5 275.8 280.5 285.0 300.8 303.8 307.8 309.3 308.3 313.1 320.0 332.5 TABLE 7 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS -MONEY MARKET FUNDSGENERAL INSTI PURPOSE & BROKER TUTION DEALER ONLY 1989 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1990 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1991 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 243.3 249.0 257.4 261.2 261.6 267.9 276.9 288.4 296.7 303.2 311.8 314.6 319.7 329.1 333.0 332.3 323.2 323.6 326.4 335.9 340.7 342.6 344.5 346.8 356.2 365.9 373.8 373.0 365.1 364.2 363.3 361.8 360.7 359.8 360.6 359.1 93.2 93.5 91.7 91.9 95.7 99.2 102.4 104.9 103.7 103.5 107.0 107.8 111.1 112.5 112.3 111.6 112.6 112.2 114.4 119.7 120.2 124.2 128.4 134.4 142.5 152.1 153.1 153.9 155.6 152.3 151.5 156.2 157.4 163.4 172.7 180.3 TERM RP'S AT CB'S AT THRIFTS 40.9 44.8 46.3 43.8 43.7 43.7 45.3 46.0 48.7 49.6 51.6 47.3 48.2 51.7 50.1 49.6 50.2 53.6 54.4 57.1 53.0 51.3 53.1 48.1 48.4 48.5 48.1 49.1 48.3 49.1 49.6 48.9 48.1 48.9 48.0 47.1 82.1 81.9 82.6 82.5 83.8 84.7 79.0 72.2 66.0 61.2 59.0 51.8 49.6 48.9 48.3 48.7 49.2 48.8 46.9 46.2 46.2 44.3 42.5 41.5 40.3 38.2 35.4 33.1 32.1 29.3 29.2 29.4 28.6 26.6 25.6 23.8 TERM EURO$ NET 100.3 99.5 105.0 99.9 96.6 92.9 90.7 88.7 84.6 79.0 77.8 79.5 72.6 66.7 64.9 63.5 65.2 62.5 63.0 66.1 67.7 67.8 67.5 68.7 69.2 69.8 68.2 65.2 62.3 61.6 62.7 63.6 61.5 63.0 62.3 58.5 — N O N - M 3 COMPONENTS OF LSHORT TERM COMMERCIAL BANKERS' TREASURY SAVINGS PAPER SECURITIES ACCEPTANCES BONDS 110.1 111.0 111.7 112.4 113.0 113.7 114.2 114.7 115.4 116.0 116.6 117.3 118.0 118.5 119.4 120.2 120.9 121.6 122.2 122.8 123.5 124.2 125.0 125.8 126.8 127.9 129.1 130.4 131.6 132.7 133.6 134.3 135.0 135.9 136.8 137.7 275.6 273.1 277.0 283.6 288.3 287.3 287.6 296.3 311.8 321.4 325.5 336.7 338.0 328.9 337.4 328.8 310.8 321.7 324.2 324.4 334.6 334.8 339.9 345.4 340.7 332.6 327.8 306.3 295.1 316.4 327.3 330.4 331.5 337.3 349.0 346.6 40.3 39.8 40.4 41.0 41.2 41.5 42.2 42.7 41.6 40.4 41.0 41.7 40.4 37.5 36.1 35.3 35.2 34.9 33.1 32.4 32.3 32.8 34.6 35.7 36.1 34.3 31.5 30.1 28.7 27.8 27.9 27.2 25.5 25.1 25.2 24.4 339.4 346.3 349.4 356.1 356.2 355.4 348.8 353.1 348.0 345.8 343.3 344.7 347.3 347.6 343.8 355.4 357.6 355.4 348.2 344.9 356.8 353.0 350.3 355.1 367.7 360.3 354.7 344.5 334.0 334.9 338.8 333.1 335.8 331.5 333.8 331.2 TABLE 8 MEMORANDUM ITEMS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS -U.S. GOVERNMENT DEPOSITS- -DEMAND DEPOSITS DUE T O - FOREIGN COMMERCIAL BANKS FOREIGN OFFICIAL INSTITUTIONS 1959 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1960 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1961 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS DEMAND DEPOSITS AT CB'S BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE -IRA AND KEOGH ACCOUNTSTIME AND SAVINGS DEPOSITS AT CB'S AT CB'S AT THRIFTS AT MMMF'S 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 TABLE 8 MEMORANDUM ITEMS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS -U.S. GOVERNMENT DEPOSITS -DEMAND DEPOSITS DUE T O - FOREIGN COMMERCIAL BANKS 1962 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1963 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1964 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC FOREIGN OFFICIAL INSTITUTIONS TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS DEMAND DEPOSITS AT CB'S BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE IRA AND KEOGH ACCOUNTSTIME AND SAVINGS DEPOSITS AT CB'S AT CB'S AT THRIFTS 0.1 0.1 0.1 0.1 0.6 0.9 AT MMMF'S TABLE 8 MEMORANDUM ITEMS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS FOREIGN COMMERCIAL BANKS 1965 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1966 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1967 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC FOREIGN OFFICIAL INSTITUTIONS -IRA AND KEOGH ACCOUNTS- -U.S. GOVERNMENT DEPOSITS- -DEMAND DEPOSITS DUE T O TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS DEMAND DEPOSITS AT CB'S BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE 5, 6. 7. 6. 10. 9. 9.8 8.2 5.5 4.4 TIME AND SAVINGS DEPOSITS AT CB'S AT CB'S AT THRIFTS AT MMMF'S TABLE 8 MEMORANDUM ITEMS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS -U.S. GOVERNMENT DEPOSITS -DEMAND DEPOSITS DUE TO- FOREIGN COMMERCIAL BANKS 1968 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1969 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1970 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC FOREIGN OFFICIAL INSTITUTIONS TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS DEMAND DEPOSITS AT CB'S BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE IRA AND KEOGH ACCOUNTSTIME AND SAVINGS DEPOSITS AT CB'S AT CB'S AT THRIFTS 6.8 6.0 0.4 0.4 6.5 6.1 5.7 0.1 0.1 0.1 AT MMMF'S TABLE 8 MEMORANDUM ITEMS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS U.S. GOVERNMENT DEPOSITS- -DEMAND DEPOSITS DUE TO-- FOREIGN COMMERCIAL BANKS 1971 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1972 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1973 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 3.6 3.6 3.5 3.5 3.5 3.5 3.7 3.6 3.7 3.6 3.7 3.5 3.7 3.7 3.8 3.8 3.9 4.0 4.1 4.1 4.1 4.4 4.3 4.4 4.5 4.3 4.3 4.3 4.5 4.8 4.9 5.1 5.0 5.2 5.5 6.0 FOREIGN OFFICIAL INSTITUTIONS 1.4 1.3 1.3 1.3 1.3 1.3 1.3 1.5 1.3 1.3 1.2 1.5 1.3 1.2 1.2 1.2 1.3 1.2 1.5 1.3 1.3 1.3 1.4 1.6 1.6 1.6 1.6 1.5 1.7 1.7 1.9 1.7 1.8 1.8 2.0 2.1 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 5.3 5.0 4.9 5.0 5.2 5.5 5.7 6.0 6.1 6.1 6.1 5.9 5.9 6.0 6.2 6.2 6.3 6.4 6.5 6.7 6.8 7.1 7.5 7.9 8.3 8.6 9.0 9.2 9.6 10.0 10.0 10.0 10.2 10.6 10.8 10.7 DEMAND DEPOSITS AT CB'S 6.8 8.5 5.5 5.6 8.0 5.5 7.0 7.0 7.7 5.4 4.0 6.9 7.4 7.4 7.9 7.7 10.5 6.9 7.3 5.3 6.0 6.7 6.3 7.4 8.1 9.9 10.4 8.3 8.7 7.1 6.5 4.1 5.3 6.0 4.3 6.3 BALANCES AT FEDERAL RESERVE 1.0 1.0 0.8 1.0 1.1 0.7 1.5 1.1 1.6 2.1 1.8 1.9 2.8 2.4 0.9 1.7 2.1 2.7 2.4 2.0 0.9 1.4 1.3 1.4 2.1 3.0 3.6 3.5 4.1 2.4 3.4 1.7 0.8 1.7 1.8 1.9 IRA AMD KEOGH ACCOUNTS NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE TIME AND SAVINGS DEPOSITS AT CB'S AT CB'S AT THRIFTS AT MMMF'S 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 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 7.8 9.5 6.3 6.6 9.1 6.1 8.5 8.1 9.3 7.5 5.8 8.8 10.2 9.9 8.8 9.5 12.7 9.5 9.7 7.3 6.9 8.1 7.6 8.8 10.2 12.8 14.0 11.8 12.8 9.5 9.9 5.8 6.1 7.7 6.1 8.2 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.6 0.7 0.7 0.7 0.8 0.7 0.5 0.5 0.5 0.5 0.5 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 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 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 TABLE 8 MEMORANDUM ITEMS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS -DEMAND DEPOSITS DUE FOREIGN COMMERCIAL BANKS 1974 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1975 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1976 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 6.2 6.2 6.2 6.3 6.6 6.9 7.2 6.8 6.7 7.0 7.0 7.5 7.5 6.9 6.8 6.4 6.7 6.4 6.7 6.5 6.7 6.7 6.7 6.9 6.9 7.0 7.2 7.3 7.3 7.3 7.7 7.4 7.6 7.8 8.1 8.3 FOREIGN OFFICIAL INSTITUTIONS 2.1 2.2 2.0 2.5 2.1 2.5 2.2 2.3 2.3 2.2 2.2 2.4 2.5 2.2 2.3 2.3 2.1 2.3 2.3 2.2 2.3 2.2 2.2 2.3 2.6 2.3 2.2 2.2 2.3 2.4 2.5 2.5 2.3 2.4 2.5 2.8 U.S. GOVERNMENT DEPOSITS- TOTIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 10.6 10.5 10.3 10.5 10.8 11.1 12.3 13.9 14.3 14.8 15.1 15.4 16.1 15.9 15.7 16.0 16.6 16.6 16.3 15.7 15.7 16.3 15.8 15.7 15.4 14.3 13.0 12.2 12.2 12.9 13.1 12.5 12.4 12.3 11.8 12.1 DEMAND DEPOSITS AT CB'S 8.0 6.6 6.4 6.0 7.6 6.1 5.4 4.0 5.5 3.7 3.4 4.9 4.0 3.3 3.8 4.0 4.1 4.2 3.4 2.7 3.9 3.4 3.5 4.1 3.8 4.5 3.9 3.9 3.8 4.8 3.5 3.7 5.0 4.0 4.1 4.4 BALANCES AT FEDERAL RESERVE 2.5 3.0 1.8 1.7 3.0 2.0 2.8 2.6 2.5 1.6 0.9 1.8 2.0 2.4 1.9 3.5 8.0 3.5 2.2 0.8 3.4 4.9 4.3 4.0 5.9 8.8 7.7 5.2 7.3 6.8 7.4 7.8 8.2 9.2 6.7 6.1 IRA AND KEOGH ACCOUNTS NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE TIME AND SAVINGS DEPOSITS AT CB'S AT CB'S AT THRIFTS AT MMMF'S 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 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 10.5 9.5 8.2 7.7 10.5 8.1 8.2 6.6 8.0 5.3 4.2 6.6 6.0 5.7 5.7 7.6 12.1 7.7 5.6 3.6 7.3 8.3 7.8 8.1 9.7 13.3 11.7 9.0 11.0 11.6 10.8 11.5 13.2 13.2 10.8 10.5 0.5 0.5 0.5 0.5 0.4 0.4 0.5 0.4 0.4 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.6 0.5 0.5 0.5 0.6 0.6 0.6 0.6 0.6 0.6 0.7 0.6 0.7 0.7 0.8 0.8 0.8 0.7 0.7 0.7 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.6 0.7 0.8 0.9 0.9 1.0 1.1 1.2 1.3 1.4 0.6 0.6 0.6 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.8 0.9 1.0 1.1 1.1 1.1 1.2 1.2 1.3 1.3 1.3 1.4 1.4 1.5 1.5 1.5 1.6 1.7 1.9 2.1 2.3 2.5 2.7 2.8 3.0 3.2 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.2 0.2 0.3 0.3 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.4 0.4 0.4 0.5 0.5 0.5 TABLE 8 MEMORANDUM ITEMS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS u#s. -DEMAND DEPOSITS DUE T O - FOREIGN COMMERCIAL BANKS 1977 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1978 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1979 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC FOREIGN OFFICIAL INSTITUTIONS 8.1 8.0 8.0 8.0 8.3 8.5 9.0 8.9 8.8 8.8 9.1 10.1 9.8 10.4 10.4 10.0 10.0 10.3 10.0 10.3 9.9 10.0 10.3 10.7 10.5 10.2 9.8 9.6 10.0 10.7 11.0 10.9 11.3 11.7 11.6 12.2 2.9 2.2 2.3 2.4 2.5 2.6 2.8 2.5 2.8 2.7 2.6 3.1 3.0 2.8 2.6 3.0 2.6 2.5 2.7 2.6 2.6 2.7 2.6 2.8 2.7 2.7 2.7 2.8 3.1 3.3 3.1 2.9 2.7 2.6 3.0 3.4 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 12.1 11.5 11.3 11.1 11.7 12.2 11.8 11.4 10.9 11.1 11.5 11.6 11.8 12.1 12.2 11.7 11.5 11.4 11.0 10.8 11.2 11.2 11.8 11.7 11.5 11.1 10.9 10.5 10.0 10.0 10.0 9.8 9.8 9.2 8.8 9.8 GOVERNMENT DEPOSITS- IRA AND KEOGH ACCOUNTS DEMAND DEPOSITS AT CB'S BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE TIME AND SAVINGS DEPOSITS AT CB'S AT CB'S AT THRIFTS AT MMMF'S 3.9 4.2 4.3 5.4 3.6 5.0 3.6 3.4 5.0 3.7 3.5 5.1 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 2.1 2.3 2.7 2.1 2.3 2.7 7.9 10.7 8.5 7.4 10.9 7.0 8.9 6.1 6.9 6.7 2.4 5.6 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 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 5.6 7.0 9.5 5.9 4.1 2.7 6.0 7.3 11.0 7.5 9.7 9.6 3.3 6.9 11.8 14.9 12.8 12.8 14.5 12.0 12.5 9.5 11.8 10.4 6.0 10.8 11.8 10.0 9.5 10.2 10.4 13.7 15.1 13.5 17.2 19.3 16.5 14.3 15.4 11.9 9.6 8.2 11.7 14.1 16.5 12.8 16.3 15.0 8.6 12.7 0.7 0.7 0.7 0.8 0.7 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 0.8 0.9 0.9 1.0 1.0 1.0 1.0 1.0 0.9 0.9 0.9 1.0 1.0 0.9 0.9 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.4 1.5 1.5 1.6 1.6 1.6 1.7 1.7 1.8 1.8 1.9 1.9 2.0 2.1 2.2 2.4 2.5 2.6 2.7 2.8 3.0 3.1 3.2 3.3 3.5 3.6 3.7 3.8 4.0 4.1 4.2 4.4 4.5 4.6 4.7 4.9 3.4 3.6 3.8 4.0 4.1 4.3 4.5 4.7 4.9 5.1 5.3 5.5 5.7 5.9 6.1 6.4 6.6 6.9 7.1 7.4 7.6 7.8 8.1 8.3 8.6 8.9 9.1 9.4 9.7 10.0 10.2 10.5 10.8 11.1 11.3 11.6 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.6 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.8 0.9 0.9 0.9 1.0 1.0 1.0 1.0 1.1 1.1 1.1 1.2 TABLE 8 MEMORANDUM ITEMS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS FOREIGN COMMERCIAL BANKS 1980 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 19S1 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1982 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 11.9 12.0 12.8 12.8 13.1 12.5 12.3 11.6 11.7 12.0 12.6 12.6 12.3 12.8 11.8 12.3 12.2 12.9 12.6 13.1 13.0 13.2 12.1 12.5 11.0 10.0 9.5 8.6 9.1 9.4 9.5 8.8 8.4 8.4 8.5 9.0 FOREIGN OFFICIAL INSTITUTIONS 3.5 3.3 3.2 3.7 3.9 3.3 3.5 3.3 2.9 2.9 3.4 3.6 3.5 3.3 2.9 3.3 2.9 3.0 2.8 2.8 2.9 2.3 2.4 2.6 2.5 2.3 2.2 1.9 2.1 2.2 2.6 2.2 2.0 2.1 1.9 2.0 IRA AND KEOGH ACCOUNTS U.S. GOVERNMENT DEPOSITS- -DEMAND DEPOSITS DUE T O - TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 9.7 9.1 9.4 9.6 10.1 10.8 11.0 11.1 11.4 11.7 11.8 11.9 11.9 11.8 11.5 11.2 10.9 10.6 9.9 9.3 9.4 9.3 9.2 9.4 9.1 8.6 8.5 8.5 9.1 9.7 10.0 10.0 9.6 9.5 9.5 9.3 DEMAND DEPOSITS AT CB'S 3.0 2.7 2.7 3.6 2.6 3.2 2.9 2.4 2.9 2.8 2.6 2.8 2.7 2.8 2.8 3.9 2.8 3.3 2.6 2.6 3.3 2.6 2.7 3.0 2.9 2.7 2.7 3.6 2.6 3.2 2.5 2.3 3.3 2.5 2.6 2.9 BALANCES AT FEDERAL RESERVE 3.1 3.4 2.7 2.6 2.8 2.9 3.1 3.3 3.3 3.2 3.0 2.7 3.2 3.3 3.0 3.4 3.3 3.0 3.1 3.2 3.2 3.3 3.1 2.9 4.7 5.5 3.3 4.5 4.5 3.3 3.3 3.3 3.8 3.2 3.1 3.2 NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE TIME AND SAVINGS DEPOSITS AT CB'S AT CB'S AT THRIFTS AT MMMF'S 9.6 9.0 5.1 5.4 5.9 6.8 6.1 6.5 11.0 9.7, 4.1 6.3 5.1 5.4 7.5 8.3 9.5 9.1 7.9 4.7 7.5 10.7 6.9 8.1 11.5 17.2 12.7 10.1 12.7 7.5 5.7 5.8 9.0 13.8 5.3 7.9 15.8 15.1 10.5 11.7 11.3 12.9 12.1 12.3 17.1 15.8 9.7 11.7 11.1 11.4 13.4 15.5 15.6 15.4 13.7 10.5 13.9 16.6 12.7 14.1 19.0 25.5 18.8 18.2 19.8 14.0 11.6 11.4 16.1 19.5 10.9 14.0 0.9 0.9 0.9 0.9 0.9 0.8 0.7 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.9 0.9 1.0 0.9 0.9 1.1 1.1 1.1 1.1 4.9 5.0 5.1 5.1 5.2 5.2 5.3 5.4 5.4 5.5 5.6 5.6 5.8 6.0 6.2 6.4 6.6 6.8 7.0 7.2 7.4 7.6 7.9 8.1 8.6 9.9 11.2 13.1 13.7 14.2 14.8 15.2 15.6 16.2 16.7 17.5 11.9 12.1 12.4 12.7 12.9 13.2 13.4 13.7 14.0 14.2 14.5 14.8 15.0 15.3 15.6 15.9 16.2 16.5 16.8 17.1 17.4 17.9 18.5 19.1 20.0 20.8 21.6 22.9 23.4 24.0 24.8 25.3 26.0 27.0 27.9 28.9 1.2 1.2 1.3 1.3 1.3 1.4 1.4 1.5 1.5 1.5 1.6 1.6 1.7 1.7 1.8 1.8 1.9 1.9 1.9 2.0 2.0 2.1 2.1 2.2 2.4 2.7 3.1 3.5 3.7 3.9 4.1 4.2 4.3 4.4 4.5 4.6 TABLE 8 MEMORANDUM ITEMS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS U.S. GOVERNMENT DEPOSITS- -DEMAND DEPOSITS DUE TO-- FOREIGN COMMERCIAL BANKS 1983 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1984 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1985 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 8.3 8.0 8.2 8.0 8.2 8.7 8.8 8.4 8.5 8.4 8.8 8.7 8.9 9.0 8.6 8.5 8.9 8.8 8.8 8.5 8.4 8.6 9.1 9.1 9.0 8.7 7.7 7.7 8.0 8.0 8.3 8.1 8.6 8.7 8.4 8.7 FOREIGN OFFICIAL INSTITUTIONS 2.1 2.0 1.9 2.0 1.9 1.9 2.0 2.0 1.9 1.9 1.9 2.0 1.9 2.0 2.0 1.9 2.1 2.0 2.1 2.0 2.1 1.9 2.1 1.9 1.9 2.1 1.9 1.9 2.1 2.0 1.9 2.0 2.1 1.9 2.2 2.0 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 9.1 9.0 8.9 8.7 8.2 7.8 7.4 7.1 6.7 6.7 7.4 8.0 8.1 7.8 7.8 8.5 8.8 9.2 8.9 9.0 8.9 8.6 8.9 9.3 9.0 8.7 8.6 8.4 8.3 8.3 8.4 8.4 8.6 8.6 8.3 7.8 DEMAND DEPOSITS AT CB'S BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES 2.8 2.8 2.7 3.9 2.5 3.4 2.8 2.4 3.2 2.7 2.8 3.0 3.1 3.1 3.0 3.8 2.7 3.9 2.8 2.9 3.4 2.7 2.8 3.4 3.6 3.1 3.6 3.9 3.1 3.5 3.1 2.8 3.4 3.0 3.0 3.4 3.3 3.2 3.3 3.8 3.6 3.4 4.2 3.5 7.4 7.1 2.9 3.6 4.7 4.7 4.0 6.7 4.6 3.8 4.0 3.6 6.0 4.0 3.2 3.4 4.0 4.3 3.8 6.6 6.7 2.8 4.0 3.0 4.3 3.1 2.8 3.4 13.5 7.4 10.4 10.3 10.0 9.8 19.1 14.0 14.8 22.0 4.7 7.8 16.5 19.2 14.5 12.7 10.0 8.5 9.0 7.5 14.1 8.4 7.5 9.1 14.9 12.7 9.2 11.5 17.8 11.4 20.0 10.6 13.4 2.4 4.8 11.1 TOTAL CASH BALANCE 19.6 13.4 16.5 18.0 16.0 16.6 26.0 19.9 25.3 31.8 10.4 14.4 24.3 27.0 21.5 23.2 17.4 16.2 15.8 13.9 23.5 15.1 13.6 16.0 22.5 20.1 16.6 22.0 27.6 17.7 27.0 16.4 21.1 8.5 10.7 17.9 IRA TIME AND SAVINGS DEPOSITS AT CB'S AT CB'S 1.1 1.0 1.0 1.1 0.9 0.9 0.8 0.8 0.8 0.7 0.7 0.6 0.7 0.8 0.8 0.9 0.9 0.9 0.9 0.9 1.0 1.0 1.2 1.2 1.2 1.1 1.0 0.9 1.0 1.0 1.0 1.1 1.2 1.2 1.2 1.2 18.7 20.0 21.6 24.6 25.9 26.4 27.0 27.6 28.1 28.6 29.3 30.0 31.4 33.2 35.0 38.3 39.7 40.4 41.1 41.9 42.5 43.1 43.9 44.5 45.9 47.7 49.5 54.3 55.7 56.3 56.7 57.3 58.0 58.9 59.9 60.6 A N D KEOGH ACCOUNTS AT THRIFTS 30.1 31.4 33.1 34.8 35.9 36.8 37.7 38.6 39.5 39.7 40.4 41.8 43.2 44.4 46.0 49.5 51.4 52.5 53.4 54.2 55.2 56.5 57.4 58.6 61.0 63.5 66.0 70.1 71.3 72.2 73.8 75.0 75.7 76.6 77.4 79.1 AT MMMF'S 4.7 4.8 4.9 5.2 5.2 5.1 5.0 5.1 5.0 5.1 5.1 5.0 5.3 5.5 5.8 6.4 6.6 6.5 6.6 6.6 6.7 6.8 7.1 7.6 8.1 8.4 8.7 9.4 9.5 9.4 9.5 9.5 9.5 9.7 9.7 9.7 TABLE 8 MEMORANDUM ITEMS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS U.S. GOVERNMENT DEPOSITS -DEMAND DEPOSITS DUE TO-- FOREIGN COMMERCIAL BANKS 1986 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1987 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1988 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC FOREIGN OFFICIAL INSTITUTIONS 9.0 8.4 8.4 8.8 9.1 9.4 9.7 9.4 9.7 9.7 9.3 9.5 9.9 9.3 8.8 9.0 9.0 9.3 9.3 8.9 9.3 9.5 9.4 9.6 10.1 9.4 9.3 9.1 9.3 9.8 10.1 9.4 9.6 9.1 9.3 9.5 2.2 1.9 1.7 1.8 1.7 1.7 1.9 1.7 1.9 1.9 2.1 2.0 1.9 1.7 1.6 1.8 2.0 2.0 2.0 2.1 2.0 1.9 1.7 1.7 1.7 1.6 1.6 1.9 1.7 1.8 1.9 1.8 1.7 1.7 1.8 1.9 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 7.1 6.1 5.3 4.9 4.7 4.4 4.2 4.2 4.2 4.2 4.2 4.1 4.1 4.4 4.6 4.6 4.5 4.5 4.4 4.4 4.4 4.3 4.3 4.3 4.3 4.2 4.2 4.3 4.2 4.2 4.2 4.1 4.0 4.0 4.0 3.9 IRA AND KEOGH ACCOUNTS----- DEMAND DEPOSITS AT CB'S BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE TIME AND SAVINGS DEPOSITS AT CB'S AT CB'S AT THRIFTS 3.6 3.3 3.4 4.3 3.0 3.5 3.6 3.0 3.6 3.4 3.4 3.7 3.7 3.3 3.5 5.0 3.4 3.6 3.3 3.0 4.2 3.2 3.2 3.9 4.1 3.1 3.6 5.3 3.3 4.3 3.4 3.0 4.1 3.2 3.4 4.2 10.5 7.5 3.4 3.7 4.8 2.9 3.8 3.2 5.6 3.4 3.2 3.7 9.6 5.0 3.1 7.0 16.0 8.7 5.3 3.4 10.3 8.9 4.0 4.2 5.6 3.8 2.9 5.1 7.2 4.1 3.9 3.2 7.4 6.2 5.2 5.5 20.5 21.0 12.4 13.6 18.7 12.6 13.2 8.1 14.6 11.8 11.9 15.5 23.8 25.2 13.6 16.6 27.4 21.8 23.3 18.6 21.3 27.4 22.6 18.4 20.8 25.1 18.7 16.4 27.1 16.7 18.6 8.9 20.4 24.5 12.8 18.7 34.5 31.7 19.2 21.6 26.6 19.0 20.6 14.2 23.8 18.6 18.4 22.9 37.1 33.6 20.3 28.5 46.8 34.2 31.9 25.0 35.8 39.5 29.7 26.6 30.5 32.1 25.2 26.8 37.5 25.0 25.9 15.1 32.0 33.9 21.5 28.4 1.2 1.4 1.5 1.6 1.6 1.7 1.7 1.6 1.6 1.6 1.5 1.4 1.4 1.3 1.3 1.4 1.5 1.5 1.6 1.6 1.5 1.4 1.5 1.5 1.5 1.5 1.5 1.5 1.6 1.7 1.6 1.6 1.4 1.4 1.4 1.5 61.6 63.3 64.9 68.7 70.2 70.5 71.1 71.4 71.5 71.5 71.8 72.7 73.7 74.5 75.6 78.6 79.7 79.8 80.2 80.7 81.4 81.8 82.2 82.9 83.9 84.7 85.5 87.7 88.8 89.4 90.2 91.2 91.8 92.5 93.3 93.9 81.2 84.0 87.0 90.7 92.2 93.5 94.9 95.4 95.5 95.8 96.4 97.2 98.1 98.9 100.3 103.0 103.7 104.6 105.4 105.7 106.6 107.1 107.4 108.7 109.9 111.0 112.8 115.1 115.9 117.0 118.2 118.7 119.7 120.5 120.8 121.5 AT MMMF'S 10.0 10.2 10.5 11.4 11.7 11.8 11.9 12.0 12.4 12.7 12.7 12.7 12.9 13.2 13.4 14.6 15.4 15.7 16.0 16.5 17.0 18.0 18.9 19.1 19.4 19.6 20.0 21.1 21.6 21.5 21.6 21.9 21.9 22.1 23.0 23.8 TABLE 8 MEMORANDUM ITEMS NOT SEASONALLY ADJUSTED, BILLIONS OF DOLLARS U>s. -DEMAND DEPOSITS DUE T O - - FOREIGN COMMERCIAL BANKS 1989 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1990 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1991 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 9.3 9.4 8.8 8.9 8.9 10.0 9.9 8.8 9.2 9.7 9.2 9.5 9.7 9.0 9.0 9.2 9.3 8.9 8.9 9.3 9.7 9.3 9.2 9.0 9.3 8.2 8.0 8.5 8.2 7.6 8.0 7.9 7.8 7.7 7.9 8.1 FOREIGN OFFICIAL INSTITUTIONS 1.8 1.8 1.7 1.6 1.6 1.7 1.7 1.7 1.8 1.8 1.6 1.6 1.6 1.6 1.6 1.5 1.7 1.5 1.5 1.8 2.0 1.6 1.5 1.5 1.6 1.6 1.6 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.7 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 4.0 4.1 4.2 4.2 4.0 3.8 3.6 3.5 3.4 3.4 3.4 3.3 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.5 4.0 3.9 4.1 4.5 5.1 5.7 6.0 6.2 6.3 6.3 6.5 6.6 6.7 6.7 6.6 GOVERNMENT DEPOSITS- DEMAND DEPOSITS AT CB'S BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES 4.0 3.7 3.8 5.2 3.3 4.6 3.4 3.1 5.5 3.3 3.5 5.2 4.4 3.5 3.6 5.1 3.4 5.5 3.4 3.8 5.2 3.5 3.8 5.0 4.9 4.2 5.1 5.4 3.6 5.0 3.7 3.6 5.2 3.6 4.4 4.8 8.1 5.8 5.2 8.9 14.1 9.7 6.4 5.4 7.8 5.9 5.2 4.8 6.0 6.2 5.3 4.4 5.1 5.0 5.4 5.4 6.4 5.5 5.6 5.2 7.8 11.5 6.8 4.7 5.6 6.3 6.6 5.8 7.8 5.7 6.0 7.4 21.0 22.2 14.3 15.0 31.0 21.6 19.6 12.7 19.4 17.4 11.2 14.4 18.8 18.5 13.1 14.9 21.8 15.4 11.9 19.7 25.9 17.5 15.4 18.1 24.5 35.1 23.3 15.0 16.2 18.6 17.1 13.5 21.7 25.0 24.2 20.5 TOTAL CASH BALANCE 33.1 31.7 23.3 29.0 48.5 35.8 29.4 21.2 32.6 26.5 19.9 24.5 29.1 28.2 22.0 24.4 30.3 25.9 20.6 28.9 37.5 26.4 24.8 28.2 37.2 50.8 35.1 25.1 25.4 29.9 27.3 22.9 34.7 34.4 34.6 32.8 IRA TIME AND SAVINGS DEPOSITS AT CB'S 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.3 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.3 1.4 1.2 1.4 1.4 1.4 1.3 1.3 1.3 1.3 1.4 1.5 1.6 1.5 1.5 1.5 1.6 1.5 AT CB'S 95.1 96.2 97.4 100.4 101.8 102.8 104.1 105.3 106.0 107.3 108.0 108.7 110.3 111.9 113.3 116.0 117.7 119.5 121.1 122.6 124.4 126.8 128.6 130.3 132.1 133.6 135.3 137.6 138.9 140.3 141.8 143.1 144.4 145.9 147.0 147.7 AND KEOGH ACCOUNTS AT THRIFTS AT MMMF'S 122.5 123.2 124.1 126.1 127.0 128.3 129.4 129.8 130.6 131.0 131.1 132.0 132.8 133.2 133.5 134.0 134.1 134.2 134.4 134.3 134.1 133.9 133.8 133.4 133.5 134.0 134.5 135.2 135.5 135.4 134.6 133.2 131.6 130.7 129.8 129.0 24.2 24.7 25.7 26.9 27.2 27.5 28.5 28.7 30.3 31.1 31.5 32.1 33.7 35.3 35.9 36.5 36.6 36.7 36.8 37.7 39.4 40.5 41.8 43.3 43.5 43.5 44.0 44.3 44.9 43.9 42.2 41.7 41.3 41.0 41.1 41.3 TABLE 9 MONEY STOCK MEASURES AND COMPONENTS - HEEKLY BILLIONS OF DOLLARS Ml 1975 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 273.6 274.0 273.9 273.7 273.8 273.9 275.0 274.9 275.8 276.9 276.6 277.3 276.6 277.5 276.6 275.9 275.3 275.5 277.7 279.0 281.0 280.3 281.1 282.3 283.6 283.4 282.5 282.8 283.6 284.3 283.6 283.4 284.4 285.8 286.1 285.5 285.6 285.5 286.3 284.5 284.5 285.3 285.5 286.8 288.3 287.3 288.4 287.8 288.4 288.4 287.2 286.6 CURR ENCY 67.4 67.6 67.5 67.3 67.3 67.6 67.8 67.7 68.0 68.4 68.5 68.4 68.5 68.7 68.6 68.5 68.4 68.5 69.0 69.2 69.2 69.4 69.8 69.9 70.0 70.1 70.5 70.6 70.5 70.4 70.7 71.0 71.0 71.0 71.1 71.2 71.3 71.3 71.3 71.6 71.7 71.8 71.8 71.9 72.4 72.4 72.4 72.5 72.9 72.9 72.7 72.9 SEASONALLY ADJUSTED NONBANK DEMAND TRAVELERS DEPOSITS CHECKS 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2* 2.2 2.2 2.2 2.3 2.3 2.3 203.9 204.1 204.1 204.0 204.1 203.9 204.7 204.7 205.4 206.0 205.6 206.3 205.5 206.3 205.4 204.8 204.3 204.4 206.1 207.2 209.2 208.2 208.7 209.6 210.9 210.6 209.3 209.4 210.3 211.1 210.0 209.6 210.5 212.0 212.1 211.4 211.5 211.3 212.0 210.0 209.8 210.6 210.7 211.9 212.9 211.8 212.9 212.2 212.4 212.4 211.3 210.5 OCDS AT CB'S 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 OCDS AT THRIFTS 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6 Ml 286.6 282.3 279.2 271.0 271.2 271.1 270.9 267.2 271.1 274.2 274.0 271.3 273.0 279.0 281.2 279.4 273.0 273.2 274.3 274.8 273.9 278.2 281.8 285.0 281.6 282.3 286.2 287.1 284.3 280.7 283.8 283.2 283.6 281.4 282.6 286.1 288.5 282.1 281.2 284.1 285.9 286.7 281.6 288.5 291.3 290.9 287.7 292.0 292.8 295.6 295.1 297.0 CURR ENCY 67.8 67.5 67.0 66.2 66.2 67.4 67.3 66.5 66.9 68.3 68.0 67.7 67.7 68.8 68.6 68.2 67.6 68.5 69.3 69.1 69.2 69.2 70.7 70.4 70.1 70.0 71.9 71.4 71.0 70.3 70.9 71.8 71.4 70.7 70.8 71.7 71.3 70.8 70.2 71.6 72.1 71.7 71.1 71.5 73.2 73.1 72.7 73.3 74.3 74.1 74.4 74.2 NOT SEASONALLY ADJUSTED NONBANK TRAVELERS DEMAND DEPOSITS CHECKS 1.7 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.9 1.9 1.9 1.9 1.9 2.0 2.0 2.1 2.1 2.2 2.3 2.3 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.3 2.3 2.3 2.3 2.3 2.2 2.2 2.2 2.2 2.2 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 216.6 212.6 210.0 202.6 202.8 201.5 201.3 198.3 201.9 203.6 203.6 201.2 202.9 207.8 210.1 208.7 203.0 202.2 202.5 203.1 202.1 206.4 208.3 211.8 208.6 209.3 211.3 212.7 210.2 207.4 209.7 208.2 209.1 207.5 208.7 211.3 214.2 208.3 207.9 209.5 210.9 212.1 207.5 214.0 215.2 214.9 212.0 215.7 215.5 218.6 217.7 219.8 OCDS AT CB'S 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 OCDS AT THRIFT! 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6 TABLE 9 MONEY STOCK MEASURES AND COMPONENTS - HEEKLY BILLIONS OF DOLLARS Ml 1976 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR 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 OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 286.8 288.1 288.9 289.4 290.7 290.8 291.8 290.5 291.1 291.3 292.4 292.7 293.5 292.6 293.9 294.2 295.0 294.8 295.7 295.4 296.7 297.3 295.9 295.9 296.4 296.1 295.7 296.0 297.7 298.1 298.1 298.1 299.4 299.5 299.6 298.2 298.7 300.0 300.6 302.0 302.6 301.5 303.7 304.6 303.5 303.9 303.1 303.7 305.6 306.4 306.6 306.6 CURR ENCY 73.0 73.2 73.2 73.4 73.6 73.8 73.9 73.9 74.2 74.5 74.7 74.8 74.8 74.8 75.2 75.5 75.6 75.6 75.9 76.1 76.2 76.3 76.5 76.6 76.6 76.6 76.6 77.1 77.1 77.2 77.2 77.4 77.6 77.6 77.6 77.6 78.0 78.2 78.2 78.5 78.5 78.5 78.5 78.8 78.8 79.0 79.2 79.2 79.4 79.5 79.4 79.4 -—SEASONALLY ADJUSTEDNONBANK DEMAND TRAVELERS DEPOSITS CHECKS 2.3 2.3 2.3 2.3 2.3 2.3 2.3 2.3 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.5 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.6 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.8 2.8 210.6 211.7 212.4 212.8 213.8 213.6 214.4 213.2 213.4 213.2 214.1 214.3 215.0 214.1 214.9 214.8 215.5 215.2 215.8 215.3 216.5 216.9 215.3 215.1 215.5 215.1 214.8 214.5 216.1 216.4 216.3 216.2 217.1 217.2 217.2 215.8 215.8 217.0 217.4 218.6 219.1 217.9 220.1 220.7 219.5 219.8 218.6 219.2 221.0 221.5 221.7 221.7 OCDS AT CB'S 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.6 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 0.9 0.9 1.0 1.0 1.0 1.0 1.0 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.3 1.3 1.3 OCDS AT THRIFTS 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 1.0 1.0 1.0 1.0 1.0 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 Ml CURR ENCY 302.3 297.4 294.5 285.7 286.6 287.4 287.7 281.5 284.3 286.7 289.6 286.2 286.9 293.3 298.7 300.7 293.8 291.8 292.8 291.9 288.5 292.4 295.2 298.2 295.7 292.9 299.6 300.7 300.4 294.9 297.3 298.5 299.8 295.2 295.0 297.3 303.5 299.9 294.4 301.6 304.6 303.5 300.5 304.9 305.9 308.4 303.1 305.0 311.2 313.3 315.7 315.2 73.5 73.4 72.8 72.1 72.1 73.5 73.4 72.6 72.7 74.4 74.3 74.1 73.6 74.7 75.6 75.5 74.7 75.0 76.4 76.0 75.6 76.0 77.2 76.9 76.6 76.0 77.6 78.1 77.6 76.9 77.0 78.5 78.1 77.5 76.8 78.4 78.2 77.8 77.1 78.2 79.1 78.4 77.8 77.9 79.7 79.7 79.6 79.7 80.6 81.0 81.1 81.3 -NOT SEASONALLY ADJUSTEDOCDS NONBANK AT DEMAND TRAVELERS CB'S DEPOSITS CHECKS 2.1 2.1 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.3 2.3 2.3 2.3 2.3 2.3 2.3 2.4 2.4 2.4 2.5 2.5 2.6 2.7 2.8 2.9 2.9 2.9 3.0 3.0 3.0 3.0 2.9 2.9 2.9 2.9 2.8 2.8 2.8 2.8 2.7 2.7 2.7 2.6 2.6 2.6 2.5 2.5 2.6 2.6 2.6 225.7 220.9 218.5 210.4 211.3 210.7 210.9 205.6 208.2 208.9 211.8 208.6 209.8 215.0 219.4 221.5 215.4 213.1 212.6 212.0 208.9 212.4 213.9 217.0 214.7 212.3 217.3 217.9 217.9 213.1 215.3 215.0 216.6 212.7 213.2 213.9 220.2 217.0 212.3 218.4 220.4 220.0 217.6 221.9 221.0 223.6 218.4 220.2 225.4 227.1 229.3 228.5 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 0.9 1.0 1.0 1.0 1.0 1.0 1.0 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 OCDS AT THRIFTS 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 1.0 1.0 1.0 1.0 1.0 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 TABLE 9 MONEY STOCK MEASURES AND COMPONENTS BILLIONS OF DOLLARS Ml 1977 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR 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 OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 CURR ENCY 307.1 307.5 309.7 310.1 310.4 311.3 311.8 311.7 311.7 312.5 313.4 313.9 314.3 315.2 316.2 316.3 316.3 316.1 316.1 316.7 317.3 317.1 316.3 317.1 319.0 320.0 319.6 319.4 321.2 321.1 321.6 321.5 321.0 322.5 323.7 323.7 323.3 323.8 325.7 326.3 326.9 326.7 328.0 328.8 329.7 329.0 329.0 329.0 330.4 331.2 331.7 331.1 79.7 80.0 80.2 80.3 80.4 80.6 80.7 80.9 80.9 81.1 81.2 81.2 81.5 81.9 81.9 81.9 82.1 82.2 82.4 82.5 82.5 82.7 82.8 82.9 83.1 83.3 83.8 83.8 83.8 84.0 84.3 84.3 84.4 84.5 84.5 84.8 85.1 85.2 85.3 85.4 85.7 86.0 86.0 86.0 86.3 86.5 86.6 86.8 87.1 87.1 87.4 87.6 -—SEASONALLY NONBANK DEMAND TRAVELERS DEPOSITS CHECKS 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.8 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.1 3.1 3.1 3.1 3.1 3.1 3.1 3.1 3.1 3.1 3.1 221.9 222.0 223.9 224.2 224.4 225.0 225.2 225.0 224.9 225.5 226.3 226.7 226.8 227.2 228.3 228.4 228.2 227.8 227.6 228.0 228.6 228.1 227.3 227.9 229.6 230.3 229.4 229.2 230.9 230.6 230.8 230.6 230.0 231.4 232.5 232.2 231.5 231.9 233.5 234.0 234.3 233.8 235.0 235.8 236.3 235.4 235.3 235.1 236.2 236.9 237.0 236.2 OCDS AT CB'S 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.9 OCDS AT THRIFTS 1.4 1.4 1.5 1.5 1.5 1.5 1.5 1.6 1.6 1.6 1.6 1.6 1.6 1.7 1.7 1.7 1.7 1.7 1.7 1.8 1.8 1.8 1.8 1.8 1.8 1.9 1.9 1.9 1.9 1.9 1.9 1.9 2.0 2.0 2.0 2.0 2.0 2.1 2.1 2.1 2.1 2.2 2.2 2.2 2.2 2.2 2.2 2.3 2.3 2.3 2.3 2.4 NEEKLY Ml CURR ENCY 323.5 320.0 316.0 307.4 304.0 307.2 307.5 302.9 303.2 308.1 310.5 308.6 305.4 315.7 321.6 322.2 316.0 314.2 312.5 313.8 309.1 310.2 316.9 318.7 319.6 315.1 323.4 324.8 325.0 318.0 320.5 321.9 321.7 318.5 318.2 323.7 327.2 325.7 319.2 326.2 329.2 329.8 325.4 327.2 332.7 333.8 330.0 329.4 336.9 337.9 341.1 338.7 80.3 80.6 79.9 79.1 78.6 80.1 80.0 79.8 79.2 80.8 80.8 80.7 80.2 81.5 82.5 81.7 81.0 81.2 82.8 82.5 82.1 82.3 83.3 83.4 83.3 82.7 84.6 85.0 84.4 83.8 83.9 85.4 85.1 84.6 83.7 85.4 85.4 84.9 84.2 84.7 86.5 86.0 85.4 85.1 87.2 87.4 87.2 87.3 88.2 88.8 89.1 89.9 -NOT SEASONALLY ADJUSTEDNONBANK OCDS AT DEMAND TRAVELERS CB'S DEPOSITS CHECKS 2.6 2.6 2.6 2.6 2.6 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.7 2.8 2.8 2.8 2.9 2.9 3.0 3.1 3.2 3.3 3.4 3.4 3.4 3.4 3.4 3.4 3.3 3.3 3.3 3.2 3.2 3.2 3.2 3.1 3.1 3.1 3.0 3.0 3.0 2.9 2.9 2.9 2.9 2.9 2.9 237.8 233.9 230.6 222.7 219.9 221.6 221.9 217.4 218.3 221.5 223.8 222.1 219.3 228.4 233.2 234.6 229.1 227.1 223.7 225.3 220.9 221.8 227.4 228.9 229.9 225.8 232.2 232.9 233.8 227.3 229.6 229.5 229.6 226.9 227.5 231.4 234.8 233.8 228.0 234.6 235.6 236.8 232.9 235.2 238.5 239.4 235.8 235.1 241.7 242.1 244.9 241.7 1.3 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.7 1.7 1.7 1.7 1.7 1.7 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.8 1.9 1.9 OCDS AT THRIFTS 1.4 1.4 1.5 1.5 1.5 1.5 1.5 1.6 1.6 1.6 1.6 1.6 1.6 1.7 1.7 1.7 1.7 1.7 1.7 1.8 1.8 1.8 1.8 1.8 1.8 1.9 1.9 1.9 1.9 1.9 1.9 1.9 2.0 2.0 2.0 2.0 2.0 2.1 2.1 2.1 2.1 2.2 2.2 2.2 2.2 2.2 2.2 2.3 2.3 2.3 2.3 2.4 TABLE 9 MONEY STOCK MEASURES AND COMPONENTS - HEEKLY BILLIONS OF DOLLARS Ml 1978 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY 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 2 9 16 23 30 6 13 20 27 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 332.0 333.9 335.7 336.3 334.6 334.3 335.8 335.8 335.7 336.2 336.4 337.1 337.4 338.6 339.2 338.9 340.8 343.9 342.1 342.3 344.0 346.4 344.5 345.2 345.5 346.6 347.7 347.3 346.9 348.3 348.6 348.5 349.2 349.2 350.0 352.0 352.3 353.1 354.5 354.5 354.7 354.8 353.5 354.5 355.9 355.9 355.9 356.2 358.0 358.6 358.4 358.0 CURR ENCY 87.6 87.8 87.9 88.0 88.1 88.4 88.7 88.9 88.9 89.0 89.3 89.5 89.6 89.6 89.7 89.9 90.1 90.4 90.5 90.7 90.9 91.1 91.3 91.4 91.5 91.6 91.8 91.9 91.9 92.0 92.2 92.4 92.5 92.7 93.0 93.2 93.5 93.5 93.7 94.0 94.2 94.4 94.5 94.6 94.9 95.1 95.3 95.5 95.7 95.8 95.9 96.2 —SEASONALLY ADJUSTEDNONBANK DEMAND TRAVELERS DEPOSITS CHECKS 3.1 3.1 3.1 3.1 3.1 3.1 3.1 3.1 3.2 3.2 3.2 3.2 3.2 3.2 3.2 3.2 3.2 3.3 3.3 3.2 3.2 3.2 3.2 3.3 3.3 3.3 3.3 3.3 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 237.1 238.7 240.3 240.9 239.0 238.4 239.6 239.3 239.2 239.5 239.5 239.8 240.0 241.2 241.6 241.1 242.7 245.4 243.5 243.5 245.0 247.1 245.1 245.6 245.8 246.7 247.6 247.0 246.5 247.9 248.0 247.6 248.2 248.0 248.4 250.2 250.3 251.0 252.1 251.8 251.7 251.7 250.2 251.1 251.7 250.9 250.3 250.1 251.3 251.3 250.5 249.6 OCDS AT CB'S 1.9 1.8 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 2.0 2.0 2.0 2.0 2.0 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.2 2.1 2.1 2.1 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.3 2.3 2.3 2.3 2.3 2.3 2.8 3.3 3.7 4.1 4.4 4.9 5.3 5.6 OCDS AT THRIFTS 2.4 2.4 2.4 2.4 2.4 2.5 2.5 2.5 2.5 2.6 2.6 2.6 2.6 2.6 2.6 2.7 2.7 2.7 2.8 2.8 2.8 2.8 2.8 2.8 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.1 3.1 3.1 3.1 3.1 3.1 3.2 3.2 Ml 349.8 348.2 343.1 334.8 326.8 330.3 330.6 326.8 324.9 331.7 332.0 331.0 327.4 337.9 344.1 345.9 342.6 343.4 338.2 339.5 336.0 337.4 345.6 347.8 346.7 341.0 350.7 353.3 350.7 345.2 346.5 349.2 351.1 346.8 343.6 352.2 356.7 355.3 347.8 353.0 356.9 359.9 351.2 352.0 359.8 360.9 358.4 355.5 364.5 365.5 367.6 366.2 CURR ENCY 88.2 88.5 87.7 86.8 86.2 87.7 88.0 87.9 87.0 88.4 88.8 88.8 88.6 88.8 90.3 89.8 89.2 89.2 90.9 90.7 90.4 90.5 91.5 92.0 91.6 91.0 92.2 93.5 92.7 92.1 91.8 93.5 93.3 93.0 92.2 93.7 94.0 93.4 92.8 93.1 95.1 94.6 94.0 93.5 95.5 96.1 96.1 96.2 96.7 97.7 97.7 99.1 -NOT SEASONALLY ADJUSTEDNONBANK OCDS AT DEMAND TRAVELERS CB'S DEPOSITS CHECKS 2.9 2.9 2.9 2.9 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.1 3.1 3.1 3.1 3.1 3.2 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.8 3.9 3.9 3.8 3.8 3.7 3.7 3.6 3.6 3.6 3.5 3.5 3.5 3.5 3.4 3.4 3.4 3.3 3.3 3.3 3.3 3.3 3.3 254.3 252.4 248.1 240.7 233.4 235.3 235.2 231.6 230.5 235.7 235.6 234.7 231.2 241.4 246.1 248.3 245.5 246.3 239.3 240.8 237.5 238.9 246.0 247.6 246.8 241.5 250.0 251.1 249.1 244.3 245.8 246.7 248.8 244.9 242.5 249.6 253.8 253.0 246.2 251.2 253.0 256.6 248.3 249.7 254.9 254.8 252.1 248.7 256.8 256.3 258.1 255.1 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 2.0 2.0 2.0 2.1 2.1 2.1 2.1 2.1 2.0 2.0 2.0 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.1 2.2 2.2 2.2 2.2 2.2 2.3 2.3 2.3 2.2 2.3 2.3 2.3 2.3 2.9 3.5 3.9 4.2 4.6 5.0 5.4 5.6 OCDS AT THRIFTS 2.4 2.4 2.4 2.4 2.4 2.5 2.5 2.5 2.5 2.6 2.6 2.6 2.6 2.6 2.6 2.7 2.7 2.7 2.8 2.8 2.8 2.8 2.8 2.8 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 2.9 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.1 3.1 3.1 3.1 3.1 3.1 3.2 3.2 TABLE 9 MONEY STOCK MEASURES AND COMPONENTS - NEEKLY BILLIONS OF DOLLARS Ml 1979 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 1 8 15 22 29 5 12 19 26 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 CURR ENCY 358.8 358.2 359.0 359.2 358.9 360.1 360.0 359.5 360.3 361.4 362.0 362.8 363.5 364.6 366.2 368.5 369.9 368.8 367.2 367.0 367.9 368.9 370.8 372.0 372.4 374.2 374.3 375.6 376.5 377.1 378.2 376.8 377.9 379.3 380.3 379.9 379.9 380.6 381.6 383.4 382.7 381.9 381.1 382.0 382.6 382.5 382.0 381.3 382.0 382.1 382.5 382.5 384.2 96.4 96.7 96.6 96.8 97.0 97.1 97.3 97.4 97.7 97.9 97.9 98.0 98.1 98.5 98.7 98.9 98.9 99.0 99.2 99.4 99.6 99.7 100.1 100.2 100.3 100.5 100.7 100.8 101.3 101.3 101.6 101.8 102.0 102.2 102.3 102.8 103.0 103.1 103.2 103.7 104.0 104.0 104.1 104.2 104.2 104.4 104,4 104.5 104.4 104.5 104.9 105.2 104.8 —SEASONALLY NONBANK DEMAND TRAVELERS DEPOSITS CHECKS 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.5 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.7 3.7 3.7 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.7 3.7 3.7 3.7 3.7 3.7 3.7 3.7 3.7 3.7 3.7 3.7 3.7 3.7 3.8 3.8 3.8 3.8 249.7 248.6 249.0 248.7 248.0 249.0 248.5 247.5 247.7 248.2 248.6 249.0 249.3 249.6 250.7 252.5 253.8 252.3 250.6 250.1 250.7 251.3 252.5 253.4 253.5 255.0 254.5 255.7 255.9 256.4 257.0 255.4 256.2 257.3 258.1 257.0 256.8 257.4 258.3 259.2 258.4 257.8 256.8 257.5 258.1 258.1 257.5 256.6 257.1 257.3 257.1 256.8 258.5 OCDS AT CB'S 6.0 6.2 6.7 6.9 7.2 7.4 7.5 7.8 8.1 8.5 8.6 8.9 9.2 9.5 9.8 10.0 10.1 10.3 10.2 10.2 10.4 10.7 10.9 11.0 11.3 11.3 11.6 11.6 11.8 11.9 12.1 12.0 12.0 12.1 12.3 12.4 12.4 12.4 12.3 12.6 12.5 12.3 12.3 12.4 12.4 12.2 12.2 12.3 12.5 12.4 12.5 12.6 12.9 OCDS AT THRIFTS 3.2 3.2 3.2 3.2 3.2 3.2 3.2 3.3 3.3 3.3 3.3 3.4 3.4 3.4 3.5 3.5 3.5 3.6 3.6 3.6 3.6 3.7 3.7 3.7 3.7 3.8 3.8 3.8 3.9 3.9 3.9 4.0 4.0 4.0 4.0 4.0 4.1 4.1 4.1 4.1 4.1 4.1 4.1 4.1 4.1 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 Ml CURR ENCY 377.5 374.2 369.3 359.0 349.9 356.8 354.4 350.8 347.5 356.5 357.2 356.9 351.7 361.3 370.1 378.1 372.9 366.9 364.8 364.2 361.4 358.0 371.2 373.9 373.8 367.9 375.3 381.8 382.5 374.9 374.4 378.4 380.0 377.7 373.1 377.8 385.1 384.4 375.6 380.6 385.5 387.8 379.6 377.5 386.2 387.0 385.5 380.4 385.8 390.5 392.9 391.8 401.2 97.3 97.5 96.5 95.8 94.9 96.0 96.5 96.4 95.7 97.1 97.5 97.2 96.8 97.2 99.2 99.1 98.0 97.6 99.5 99.5 99.2 99.0 100.1 100.9 100.4 99.9 100.7 102.7 102.2 101.6 101.1 102.8 103.1 102.7 101.7 103.1 103.8 103.1 102.4 102.5 104.8 104.2 103.7 103.0 104.6 105.6 105.2 105.4 105.0 106.9 106.8 107.9 106.3 -NOT SEASONALLY ADJUSTEDNONBANK OCDS AT DEMAND TRAVELERS CB'S DEPOSITS CHECKS 3.3 3.3 3.3 3.3 3.3 3.3 3.3 3.3 3.3 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.5 3.5 3.6 3.6 3.7 3.8 3.9 3.9 4.0 4.0 4.1 4.1 4.1 4.1 4.1 4.0 4.0 4.0 3.9 3.9 3.9 3.8 3.8 3.7 3.7 3.7 3.6 3.6 3.6 3.5 3.5 3.5 3.5 3.5 267.7 263.7 259.3 249.8 241.4 246.8 243.7 240.0 237.2 244.2 244.4 244.2 239.2 247.7 254.1 261.7 257.7 252.2 248.3 247.7 244.9 241.5 252.9 254.7 254.8 249.5 255.5 259.7 260.6 253.6 253.4 255.4 256.7 254.8 251.2 254.2 260.6 260.7 253.0 257.5 260.2 263.2 255.6 254.5 261.4 261.2 260.2 255.2 260.5 263.3 265.8 263.5 274.1 6.1 6.6 7.0 7.0 7.1 7.4 7.6 7.7 8.0 8.6 8.6 8.8 8.9 9.6 10.0 10.4 10.3 10.1 10.0 10.0 10.1 10.2 10.8 10.9 11.1 10.9 11.4 11.6 11.8 11.8 11.9 12.1 12.1 12.1 12.1 12.5 12.6 12.6 12.2 12.6 12.6 12.5 12.4 12.3 12.4 12.3 12.3 12.2 12.6 12.6 12.7 12.7 13.1 OCDS AT THRIFTS 3.2 3.2 3.2 3.2 3.2 3.2 3.2 3.3 3.3 3.3 3.3 3.4 3.4 3.4 3.5 3.5 3.5 3.6 3.6 3.6 3.6 3.7 3.7 3.7 3.7 3.8 3.8 3.8 3.9 3.9 3.9 4.0 4.0 4.0 4.0 4.0 4.1 4.1 4.1 4.1 4.1 4.1 4.1 4.1 4.1 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 MONEY STOCK MEASURES. AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS Ml 1980 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 7 14 21 28 4 11 18 25 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 CURR ENCY 384.5 384.7 386.0 387.6 389.6 390.5 390.0 389.3 389.3 389.8 390.4 389.7 387.3 386.4 384.8 383.7 381.0 381.2 381.6 383.3 384.9 384.9 386.3 388.2 389.9 390.5 389.1 392.4 393.3 395.0 398.2 399.3 399.4 400.8 402.8 404.5 405.5 406.6 406.4 408.4 409.9 410.3 411.5 411.3 413.1 414.0 413.6 411.5 410.8 410.8 408.9 404.5 105.5 105.8 106.0 106.2 106.6 106.5 106.7 106.9 106.9 107.3 107.6 107.6 107.7 107.7 107.6 107.9 108.1 108.3 108.4 108.6 109.0 109.1 109.3 109.5 109.7 109.8 110.1 110.5 110.7 110.8 111.3 111.4 111.5 111.8 112.2 112.3 112.4 112.6 112.6 112.9 113.2 113.6 113.7 114.1 114.7 115.0 114.9 115.1 115.3 115.3 115.2 115.5 — -SEASONALLY ADJUSTED NONBANK DEMAND TRAVELERS DEPOSITS CHECKS 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.8 3.9 3.9 3.9 3.9 3.9 3.9 3.9 3.9 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.1 4.1 4.1 4.1 4.2 4.2 4.2 258.0 257.8 258.9 260.0 261.5 262.3 261.5 260.4 260.4 260.5 260.6 259.7 257.1 256.1 254.3 252.6 249.8 250.1 250.4 251.7 252.7 252.4 253.1 254.2 255.2 255.6 253.8 256.2 256.5 257.7 260.3 261.1 260.8 261.5 262.9 264.3 264.7 265.0 264.9 266.5 267.4 267.2 267.8 266.8 266.7 267.2 266.7 264.3 263.7 263.6 261.7 257.2 OCDS AT CB'S 13.0 13.0 13.0 13.3 13.4 13.5 13.6 13.7 13.7 13.7 13.9 14.0 14.1 14.2 14.4 14.7 14.6 14.4 14.3 14.5 14.7 14.8 15.1 15.6 16.1 16.1 16.2 16.6 17.0 17.2 17.3 17.4 17.7 17.9 18.0 18.2 18.5 19.1 19.0 19.1 19.3 19.5 19.9 20.1 20.5 20.6 20.6 20.6 20.4 20.5 20.5 20.2 OCDS AT THRIFTS 4.2 4.2 4.3 4.3 4.3 4.3 4.4 4.4 4.4 4.5 4.5 4.5 4.6 4.6 4.7 4.7 4.7 4.7 4.7 4.7 4.8 4.9 4.9 5.0 5.0 5.1 5.1 5.2 5.3 5.3 5.4 5.5 5.5 5.6 5.7 5.8 5.9 5.9 5.9 6.0 6.0 6.0 6.1 6.2 7.2 7.2 7.3 7.4 7.2 7.2 7.3 7.3 Ml CURR ENCY 404.1 396.5 386.8 377.1 385.2 384.3 381.6 375.1 381.2 385.0 385.4 377.9 379.9 392.5 392.6 388.9 377.4 380.1 378.4 378.3 372.9 382.1 387.9 391.3 384.6 387.2 397.8 399.9 393.1 389.1 399.8 401.9 398.8 393.6 398.1 408.3 411.1 402.5 398.2 413.0 414.4 412.1 405.5 412.8 418.5 419.3 411.1 416.0 419.6 421.6 419.2 416.0 106.8 105.8 105.0 103.9 105.0 105.8 105.7 104.8 105.3 107.1 106.7 106.2 106.0 108.4 107.5 107.2 106.4 108.1 108.6 108.3 108.5 108.4 110.3 109.9 109.4 109.3 112.3 111.7 111.2 110.3 112.0 112.8 112.2 111.4 111.8 113.1 112.6 111.9 111.3 113.4 114.0 113.5 112.6 113.6 116.1 115.8 115.1 116.0 117.4 117.2 117.9 117.9 -NOT SEASONALLY ADJUSTEDOCDS NONBANK AT DEMAND TRAVELERS CB'S DEPOSITS CHECKS 3.5 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.6 3.7 3.7 3.7 3.8 3.9 4.0 4.1 4.2 4.3 4.4 4.4 4.5 4.4 4.4 4.4 4.3 4.3 4.3 4.2 4.2 4.1 4.1 4.0 4.0 4.0 3.9 3.9 3.9 3.9 3.9 3.9 3.9 4.0 275.9 269.3 260.7 252.2 258.9 257.0 254.4 248.8 254.2 255.9 256.6 249.7 251.8 261.4 262.0 258.1 248.2 249.6 247.4 247.5 241.8 250.5 253.6 257.0 250.5 253.2 259.8 262.0 255.5 252.3 260.8 261.6 259.1 254.4 258.3 266.4 269.5 261.4 258.3 270.1 270.8 269.0 263.3 269.0 270.2 271.8 264.5 268.2 269.6 272.1 269.2 266.6 13.6 13.6 13.2 13.2 13.4 13.6 13.6 13.5 13.6 13.9 13.9 13.8 13.9 14.5 14.9 15.3 14.5 14.1 14.0 14.1 14.2 14.5 15.2 15.5 15.7 15.5 16.4 16.7 16.8 16.8 17.2 17.6 17.6 17.7 17.9 18.7 18.9 19.0 18.6 19.4 19.6 19.6 19.5 20.1 20.8 20.5 20.4 20.6 21.2 21.1 21.0 20.5 OCDS AT THRIFTS 4.2 4.2 4.3 4.3 4.3 4.3 4.4 4.4 4.4 4.5 4.5 4.5 4.6 4.6 4.7 4.7 4.7 4.7 4.7 4.7 4.8 4.9 4.9 5.0 5.0 5.1 5.1 5.2 5.3 5.3 5.4 5.5 5.5 5.6 5.7 5.8 5.9 5.9 5.9 6.0 6.0 6.0 6.1 6.2 7.5 7.3 7.2 7.4 7.5 7.3 7.2 7.1 TABLE 9 MONEY STOCK MEASURES AND COMPONENTS BILLIONS OF DOLLARS Ml 981 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 407.0 411.1 413.8 413.3 411.9 413.1 414.6 415.6 415.1 417.3 418.5 419.1 421.6 424.3 426.7 429.0 428.6 427.3 425.3 423.3 422.1 423.4 423.2 423.5 425.0 424.4 426.8 425.8 425.9 425.9 426.4 429.1 427.7 427.2 428.0 427.3 430 e 4 429.5 426.8 427.9 429.2 430.2 430.7 430.4 432.1 433.4 432.0 434.3 435.9 434.8 436.7 437.2 CURR ENCY 115.2 115.1 115.2 115.4 115.5 116.0 116.3 116.4 116.5 116.8 116.8 117.0 117.3 117.6 118.0 118.0 117.9 118.3 118.3 118.2 118.3 118.5 118,5 118.7 118.9 118.9 119.4 119.4 119.6 119.7 119.5 120.0 119.9 119.9 119.9 120.1 120.3 120.3 120.1 120.2 120.6 120.6 120.6 120.7 121.0 121.3 121.4 121.7 122.1 122.3 122.5 123.2 — -SEASONALLY A D J U S T E D NONBANK DEMAND TRAVELERS DEPOSITS CHECKS 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4,2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.3 4.3 4.3 4.3 4.3 4.3 4.3 4.3 4.3 4.3 4.3 4.3 4.4 4.4 4.4 254.9 250.6 248.3 245.3 242.9 241.5 240.9 240.5 239.4 239.5 238.8 237.9 238.4 239.2 238.7 239.3 238.7 238.1 236.6 235.4 233.8 234.5 233.5 232.9 233.2 232.9 234.3 232.3 232.0 232.0 232.7 234.3 232.9 232.0 232.5 231.2 233.0 231.6 229.9 230.6 231.2 232.1 231.9 231.2 231.5 231.4 229.9 231.4 232.1 230.0 231.3 230.8 OCDS AT CB*S 24.9 32.3 37.0 39.0 39.8 41.6 43.2 44.3 44.9 46.3 47.9 49.0 50.3 51.7 53.6 54.8 55.0 54.3 53.9 53.4 53.5 53.8 54.3 55.0 55.8 55.3 55.7 56.4 56.5 56.3 56.4 56.7 56.9 56.9 57.1 57.4 58.3 58.7 58.1 58.3 58.5 58.6 59.1 59.4 60.2 61.0 61.0 61.4 61.7 62.5 62.8 62.9 OCDS AT THRIFTS Ml 7.7 8.7 9.1 9.5 9.5 9.8 9.9 10.2 10.1 10.5 10.7 11.0 11.3 11.7 12.2 12.7 12.7 12.4 12.4 12.1 12.3 12.4 12.6 12.8 13.1 13.1 13.2 13.5 13.6 13.7 13.6 13.8 13.8 14.1 14.3 14.3 14.5 14.7 14.5 14.5 14.6 14.7 14.9 14.9 15.1 15.3 15.4 15.5 15.7 15.7 15.8 15.9 430.3 423.8 420.0 404.9 403.5 408.9 407.6 402.8 404.7 414.5 414.8 408.6 410.0 429.6 434.1 439.9 425.6 423.7 422.8 419.2 411.3 417.8 424.7 427.5 421.6 416.6 435.2 432.6 428.0 419.8 425.3 433.8 427.5 420.3 421.1 429.8 436.7 427.7 415.9 430.8 433.7 433.0 423.4 428.2 437.4 438.0 429.4 435.6 446.7 445.5 447.2 446.1 WEEKLY ■-NOT SEASONALLY ADJUSTEDOCDS NONBANK AT DEMAND TRAVELERS CURR CB'S DEPOSITS CHECKS ENCY 116.2 115.5 114.4 113.3 113.1 115.4 115.4 114.2 114.1 116.4 116.0 115.7 115.4 117.6 118.2 117.8 116.3 117.6 118.9 118.1 118.2 117.4 119.7 119.2 118.9 118.1 121.5 121.0 120.4 119.4 119.7 121.9 120.9 119.9 118.9 121.5 120.6 119.8 118.6 120.1 121.4 120.3 119.5 119.6 122.5 122.3 121.8 122.3 124.0 124,2 125.0 126.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.1 4.1 4.1 4.1 4.2 4.3 4.4 4.5 4.5 4.6 4.7 4.8 4.8 4.8 4.7 4.7 4.6 4.6 4.6 4.5 4.5 4.4 4.4 4.3 4.3 4.2 4.2 4.1 4.1 4.1 4.1 4.1 4.1 4.1 276.3 261.3 255.0 240.2 237.8 237.5 235.4 230.9 231.8 235.6 236.1 229.5 230.3 242.9 243.7 247.5 237.7 236.5 234.0 232.4 224.9 231.1 233.0 236.0 230.7 228.2 239.6 236.6 233.4 227.3 231.5 235.5 231.4 225.9 227.7 230.6 237.7 230.5 222.6 233.3 234.2 235.1 227.4 231.1 234.2 235.2 228.3 233.6 239.2 238.3 239.2 237.5 25.9 34.1 37.6 38.4 39.3 42.2 42.9 43.7 44.8 47.6 47.9 48.4 49.2 53.0 55.5 57.3 54.9 53.0 53.1 52.4 51.9 52.7 54.6 54.9 54.6 53.1 55.9 56.5 55.9 55.0 55.6 57.4 56.6 56.1 56.1 58.6 59.2 58.6 56.4 58.5 59.0 58.6 57.9 58.6 61.0 61.0 60.2 60.5 63.4 63.3 63.5 63.1 OCDS AT THRIFTS 7.9 8.9 9.1 9.1 9.3 9.9 9.8 10.0 10.1 10.9 10.8 10.9 11.1 12.1 12.7 13.2 12.6 12.6 12.7 12.3 12.2 12.5 13.2 13.1 13.0 12.8 13.7 13.9 13.7 13.4 13.6 14.2 13.8 13.7 13.8 14.5 14.6 14.3 13.8 14.5 14.7 14.6 14.4 14.7 15.5 15.4 15.0 15.2 16.0 15.6 15.4 15.4 TABLE 9 MONEY STOCK MEASURES AND COMPONENTS BILLIONS OF DOLLARS Ml 1 9 8 2 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR 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 OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 CURR ENCY 439.6 443.5 444.6 444.0 445.0 441.7 441.2 440.6 440.7 441.4 442.0 441.8 442.7 445.4 447.0 448.7 447.5 445.3 446.3 445.6 446.7 447.1 447.9 448.3 447.6 445.1 445.4 447.7 447.5 448.3 448.9 450.2 451.7 452.9 453.6 454.8 456.9 459.4 458.8 461.5 464.6 466.5 467.7 470.1 471.8 473.1 472.8 472.0 473.6 476.4 474.7 474.1 123.2 122.9 122.9 123.2 123.6 123.7 124.0 123.9 124.1 124.3 124.5 124.5 124.5 125.1 125.4 125.6 125.8 125.9 126.4 126.6 126.8 127.1 127.4 127.4 127.4 127.4 127.8 128.1 128.1 128.2 128.4 128.7 129.1 129.1 129.2 129.3 129.8 130.0 130.0 130.4 130.7 130.9 130.9 131.2 131.4 131.5 131.7 131.8 132.0 132.4 132.6 132.8 ---SEASONALLY ADJUSTED-NONBANK DEMAND TRAVELERS DEPOSITS CHECKS 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.5 4.5 4.5 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.3 4.3 232.9 235.4 234.8 233.7 234.3 231.5 230.7 229.9 229.7 229.6 229.5 228.6 229.0 229.6 229.0 229.9 229.3 228.0 228.8 227.9 228.5 227.7 227.5 227.8 227.1 225.6 225.1 226.0 226.1 226.6 226.8 226.8 227.2 228.0 228.1 228.4 228.5 230.0 229.9 231.0 231.3 232.4 232.8 233.9 234.3 234.6 233.7 232.6 233.1 234.1 233.8 234.3 OCDS AT CB'S 63.3 64.7 66.3 66.3 66.4 66.0 65.9 66.0 66.2 66.6 67.1 67.5 67.9 68.9 70.1 70.3 69.8 69.1 68.9 69.0 69.1 69.7 70.2 70.3 70.2 69.3 69.6 70.3 69.9 70.0 70.2 70.8 71.4 71.5 72.1 72.6 73.7 74.3 73.8 74.5 76.3 77.1 77.5 78.1 79.0 79.9 80.0 80.0 80.4 81.4 80.2 78.9 MEEKLY OCDS AT THRIFTS Ml CURR ENCY 15.9 16.1 16.2 16.3 16.3 16.2 16.2 16.3 16.3 16.5 16.5 16.8 16.9 17.4 18.0 18.5 18.3 17.9 17.8 17.7 17.8 18.1 18.3 18.3 18.4 18.4 18.5 18.9 18.9 19.1 19.2 19.6 19.6 19.8 19.9 20.2 20.5 20.7 20.6 21.2 21.9 21.8 22.1 22.5 22.7 22.7 23.0 23.2 23.7 24.1 23.7 23.7 462.7 461.9 451.6 435.2 434.4 436.7 434.8 428.2 430.3 439.2 439.3 433.1 429.6 450.0 457.2 458.4 445.1 439.5 445.6 442.0 436.2 438.6 451.6 453.0 446.5 435.7 451.9 457.7 450.2 442.0 445.8 454.2 452.6 446.9 445.0 457.7 464.8 459.2 446.1 461.7 469.8 468.8 459.3 465.5 476.4 478.5 471.0 471.1 484.1 488.2 486.2 483.0 124.0 123.4 122.2 121.3 120.9 122.9 123.1 121.6 121.4 123.8 123.6 123.3 122.5 124.7 126.3 124.9 124.2 124.7 127.3 126.7 126.1 126.7 128.6 128.3 127.8 126.7 129.7 130.0 129.0 128.1 128,3 130.9 130.3 129.4 128.1 130.6 130.4 129.6 128.5 129.9 131.9 130.7 129.8 129.8 132.7 132.4 132.1 132.3 133.7 134.6 135.2 136.1 -NOT SEASONALLY ADJUSTEDOCDS NONBANK AT DEMAND TRAVELERS CB'S DEPOSITS CHECKS 4.1 4.1 4.1 4.1 4.1 4.1 4.1 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.3 4.3 4.4 4.5 4.6 4.7 4.8 4.9 4.9 4.9 5.0 5.0 5.0 4.9 4.8 4.8 4.7 4.7 4.7 4.6 4.6 4.5 4.5 4.4 4.3 4.3 4.2 4.2 4.1 4.1 4.1 4.1 4.0 253.4 249.0 240.9 227.8 228.7 226.5 225.6 221.0 223.2 226.2 227.3 221.6 219.5 232.6 235.2 236.3 228.0 225.3 227.1 225.4 220.9 221.7 228.6 231.0 226.2 219.6 228.8 232.5 228.0 222.0 224.6 226.8 226.9 222.9 222.5 228.3 233.8 230.2 221.8 232.2 234.2 235.3 228.2 233.1 236.3 239.1 233.0 233.4 240.1 242.6 242.4 240.7 65.3 68.8 68.3 66.2 65.0 66.7 65.9 65.5 65.6 67.9 67.5 67.3 66.9 70.4 72.6 73.8 70.6 67.5 68.7 67.8 67.3 67.8 70.8 70.4 69.5 66.7 69.5 70.7 69.3 68.3 68.9 71.5 70.9 70.4 70.4 73.6 75.1 74.2 71.5 74.0 77.0 76.6 75.5 76.3 79.8 79.7 79.1 78.7 82.1 82.7 81.3 79.1 OCDS AT THRIFTS 15.9 16.6 16.2 15.9 15.7 16.5 16.1 15.9 16.0 17.1 16.7 16.7 16.5 18.1 18.9 19.2 18.2 17.9 18.3 17.9 17.6 18.0 19.2 18.7 18.4 17.9 19.0 19.5 19.0 18.7 19.1 20.0 19.6 19.3 19.2 20.5 20.8 20.4 19.7 21.1 22.1 21.7 21.4 22.0 23.2 22.9 22.7 22.7 24.1 24.1 23.3 23.0 TABLE 9 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS Ml 1983 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR 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 OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 CURR ENCY 473.4 475.7 478.5 479.3 480.3 481.5 482.2 483.1 486.4 488.2 487.9 489.6 490.6 493.7 494.5 492.5 493.4 495.6 497.8 500.1 500.1 500.6 501.7 503.0 503.7 503.9 505.4 507.6 507.7 509.0 511.0 510.8 510.6 510.7 511.2 512.0 512.6 513.0 515.0 515.0 517.7 519.1 520.1 519.2 519.1 520.1 519.7 520.6 521.2 522.0 521.8 520.3 132.9 133.2 133.5 133.7 134.0 134.4 134.7 135.3 135.5 136.1 136.2 136.4 136.7 136.9 137.2 137.3 137.7 138.1 138.5 138.6 138.7 138.9 139.2 139.4 139.6 139.7 140.2 140.2 140.4 140.6 140.9 141.2 141.2 141.5 141.7 142.1 142.5 142.7 143.0 143.1 143.6 144.1 144.3 144.5 144.9 145.2 145.5 145.6 145.8 145.8 146.2 146.4 —SEASONALLY ADJUSTEDNONBANK DEMAND TRAVELERS DEPOSITS CHECKS 4.3 4.3 4.2 4.2 4.1 4.1 4.2 4.3 4.4 4.5 4.5 4.5 4.5 4.5 4.6 4.6 4.6 4.6 4.6 4.6 4.7 4.7 4.7 4.7 4.6 4.6 4.6 4.6 4.6 4.6 4.6 4.6 4.6 4.6 4.6 4.7 4.7 4.7 4.7 4.8 4.8 4.8 4.8 4.8 4.8 4.9 4.9 4.9 4.9 4.9 4.9 4.9 234.5 234.3 234.3 234.1 233.9 233.6 233.1 232.7 234.5 235.0 234.1 234.5 234.5 236.4 235.5 233.4 233.7 235.0 236.0 236.9 236.6 236.2 236.4 236.9 237.1 237.1 237.2 238.2 238.6 238.8 239.8 239.3 238.9 238.4 238.5 238.5 238.1 238.3 239.5 239.1 240.0 240.1 240.7 239.1 238.6 239.1 238.5 238.9 238.8 239.3 239.1 237.3 OCDS AT CB'S 78.3 79.2 81.1 81.4 82.0 82.7 83.5 83.9 84.6 85.2 85.8 86.4 86.9 87.5 88.5 88.4 88.2 88.6 89.3 90.3 90.4 90.7 91.2 91.7 91.5 91.4 92.1 93.0 92.7 93.0 93.3 93.5 93.6 93.6 93.6 93.9 94.4 94.2 94.3 94.4 95.4 96.0 96.1 96.2 96.4 96.4 96.3 96.4 96.8 97.0 96.7 96.6 OCDS AT THRIFTS Ml CURR ENCY 23.4 24.8 25.4 25.9 26.3 26.6 26.7 26.9 27.3 27.4 27.4 27.8 28.0 28.4 28.7 28.9 29.2 29.3 29.5 29.6 29.8 30.0 30.2 30.4 30.8 31.1 31.3 31.6 31.5 32.0 32.4 32.3 32.3 32.6 32.7 32.8 32.9 33.0 33.5 33.7 33.9 34.1 34.3 34.5 34.4 34.5 34.6 34.8 35.0 35.0 34.9 35.1 493.4 497.9 487.0 472.2 467.6 478.1 475.6 470.6 472.6 486.5 485.0 482.5 476.5 497.7 504.4 503.0 492.4 489.3 497.2 497.6 490.8 488.9 507.5 509.6 505.6 494.2 510.5 520.2 511.9 502.3 505.6 514.2 513.2 506.3 499.9 513.6 519.7 513.8 501.4 511.1 523.6 522.5 512.1 510.1 523.7 526.3 521.1 517.9 529.6 533.2 533.4 529.6 133.6 134.0 132.7 131.7 131.0 133.5 133.4 133.5 132.5 135.3 135.2 135.1 134.6 136.4 137.8 136.8 136.2 136.5 139.4 138.8 138.2 138.6 140.3 140.7 140.3 139.3 141.8 142.7 141.6 140.8 140.8 143.3 142.7 142.1 140.7 143.0 143.3 142.4 141.5 141.8 145.0 144.1 143.5 142.9 146.0 146.3 146.1 146.3 146.9 148.3 148.6 150.2 -NOT SEASONALLY ADJUSTEDOCDS NONBANK AT DEMAND TRAVELERS CB'S DEPOSITS CHECKS 4.0 4.0 3.9 3.9 3.8 3.9 4.0 4.1 4.2 4.2 4.3 4.3 4.3 4.3 4.3 4.4 4.4 4.4 4.4 4.5 4.6 4.6 4.7 4.8 4.9 5.0 5.0 5.1 5.1 5.2 5.2 5.2 5.2 5.1 5.1 5.1 5.0 5.0 5.0 5.0 4.9 4.9 4.8 4.8 4.7 4.7 4.6 4.6 4.6 4.6 4.6 4.6 252.8 250.4 241.2 229.8 227.0 230.1 228.5 223.6 225.8 232.0 231.2 228.9 224.3 239.1 240.1 238.8 232.2 232.0 233.4 235.4 230.1 227.8 238.9 240.6 238.0 231.1 240.3 246.0 241.4 234.0 236.5 238.8 239.9 235.0 231.2 238.1 242.2 239.3 231.6 238.7 243.2 243.9 236.6 235.4 241.0 243.9 240.3 238.2 244.7 246.7 247.9 243.5 79.6 84.1 83.7 81.5 80.5 83.7 83.4 83.2 83.6 87.0 86.6 86.5 85.9 88.9 92.1 93.0 90.3 87.1 89.6 88.9 88.3 88.3 92.2 92.3 91.3 88.6 91.6 93.7 92.0 90.8 91.1 93.9 93.0 92.1 91.4 94.3 95.7 94.3 91.3 92.4 96.0 95.4 93.8 93.3 96.7 96.5 95.7 94.7 97.8 98.4 97.8 97.2 OCDS AT THRIFTS 23.3 25.5 25.5 25.3 25.3 26.8 26.4 26.3 26.6 28.0 27.7 27.7 27.4 29.0 30.1 30.1 29.3 29.3 30.3 29.9 29.6 29.6 31.5 31.2 31.1 30.3 31.8 32.8 31.8 31.5 32.0 33.0 32.4 31.9 31.5 33.1 33.5 32.7 32.1 33.3 34.5 34.2 33.5 33.7 35.3 34.9 34.4 34.1 35.6 35.2 34.5 34.2 MONEY STOCK MEASURES AND COMPONENTS - NEEKLY BILLIONS OF DOLLARS Ml 1 9 8 4 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 16 23 30 6 13 20 27 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 521.7 525.8 526.3 525.2 525.0 525.7 527.1 527.2 527.3 527.9 529.6 531.4 532.3 531.5 533.8 535.2 534.9 533.8 535.3 536.8 537.4 535.8 538.4 540.9 540.8 540.7 540.3 541.0 542.4 541.6 539.8 540.1 541.3 541.4 541.5 542.4 544.9 545.1 544.7 545.8 543.7 545.4 543.1 544.4 545.7 546.7 549.1 548.8 548.6 549.2 551.5 554.8 556.1 CURR ENCY 146.9 147.3 147.3 147.5 147.6 147. 7 148.2 148.1 148.2 148.3 148.9 149.3 149.4 149.4 149.7 150.2 150.3 150.1 150.4 150.7 150.9 151.0 151.3 151.8 152.0 152.3 152.1 152.4 152.9 153.0 152.9 152.9 153.3 153.6 153.8 154.0 154.2 154.2 154.4 154.8 154.7 154.6 154.8 154.9 155.0 155.3 155.6 155.8 155.4 155.7 156.3 156.5 156.2 —SEASONALLY ADJUSTED NONBANK DEMAND TRAVELERS DEPOSITS CHECKS 4.9 4.9 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.0 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5:i 5.1 5.1 5.0 5.0 5.0 5.0 5.0 5.1 5.1 5.2 5.2 5.2 5.2 5.3 237.9 240.7 240.8 240.2 239.8 239.8 240.1 240.1 240.2 239.9 240.2 240.9 241.2 240.6 241.6 242.3 241.8 241.2 241.5 241.5 241.8 240.1 241.9 243.1 242.9 242.3 242.2 242.0 243.0 242.2 240.8 240.9 241.5 241.2 240.9 241.2 242.6 242.7 242.1 242.4 240.5 242.0 239.9 240.8 241.4 241.4 243.0 242.1 242.2 241.8 243.0 245.3 246.3 .—MOT ^ P A ^ n M A ' ■ v OCDS AT CB'S OCDS AT THRIFTS 96.8 97.7 98.2 97.6 97.7 98.0 98.5 98.6 98.5 98.9 99.5 100.0 100.2 100.1 100.6 100.5 100.4 100.1 100.9 101.7 101.7 101.6 102.0 102.3 102.3 102.0 101.9 102.3 102.3 102.1 101.9 101.7 101.9 101.9 102.0 102.0 102.5 102.7 102.5 102.8 102.8 103.0 102.6 102.8 103.2 103.6 103.9 103.9 104.1 104.4 104.6 104.9 105.1 35.3 35.3 35.1 34.9 34.9 35.2 35.4 35.4 35.4 35.8 36.0 36.2 36.4 36.5 36.9 37.1 37.3 37.2 37.4 37.7 37.8 37.9 38.1 38.5 38.5 38.9 39.0 39.2 39.1 39.2 39.1 39.3 39.5 39.6 39.7 40.1 40.5 40.4 40.6 40.8 40.7 40.8 40.8 40.9 41.1 41.4 41.5 41.8 41.8 42.1 42.4 42.9 43.2 Ml 541.6 551.2 537.0 520.8 509.0 522.3 519.7 516.3 510.6 524.0 526.2 524.2 517.5 527.9 545.0 547.2 538.9 526.0 535.6 534.8 531.2 521.3 542.7 548.4 544.3 531.6 541.5 554.2 549.8 537.7 530.9 545.1 544.6 540.3 529.9 539.5 554.1 547.9 532.8 536.7 548.5 549.9 538.6 532.6 549.3 551.6 553.4 545.8 550.0 561.7 562.1 565.2 572.9 CURR ENCY 147.5 148.0 146.6 145.5 144.4 146.4 146.8 146.6 145.1 147.0 148.2 147.9 147.2 147.4 150.4 149.9 149.5 148.2 151.2 151.0 150.7 150.6 151.8 153.4 152.6 152.0 152.5 155.5 154.4 153.7 152.6 154.8 155.2 154.4 153.1 154.3 155.4 154.0 153.1 152.8 155.7 154.8 154.2 153.1 155.2 156.8 156.2 156.6 155.4 158.5 158.3 159.9 157.7 NONBANK TRAVELERS CHECKS 4.6 4.6 4.6 4.6 4.6 4.7 4.7 4.7 4.7 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.9 4.9 4.9 5.0 5.0 5.1 5.2 5.3 5.5 5.6 5.7 5.8 5.8 5.9 5.9 5.8 5.8 5.7 5.6 5.5 5.5 5.4 5.3 5.2 5.1 5.0 4.9 4.8 4.8 4.8 4.8 4.9 4.9 4.9 4.9 4.8 *•"» nic?Tcr* DEMAND DEPOSITS OCDS AT CB'S OCDS AT THRIFTS 255.9 259.1 249.1 238.3 231.1 237.1 234.7 232.5 229.4 235.8 236.4 235.5 230.6 238.5 245.9 248.2 242.9 236.8 239.4 239.9 237.9 229.7 244.2 246.1 244.9 236.7 244.4 248.4 248.1 239.4 235.3 242.1 242.3 240.3 233.2 238.4 247.0 244.9 235.5 239.5 242.9 246.0 238.2 235.5 244.3 244.0 247.3 241.2 244.5 248.5 251.1 252.6 261.8 98.7 103.2 101.6 98.2 95.7 98.9 98.7 98.0 97.2 100.4 100.7 100.2 99.4 100.5 105.1 105.5 103.8 99.3 101.4 100.8 100.0 98.9 102.3 103.9 102.5 99.4 100.0 103.7 101.8 99.9 98.7 101.9 101.5 100.6 99.4 101.2 104.5 103.0 99.5 99.4 103.1 102.8 100.8 99.3 102.9 103.8 103.3 102.1 103.5 106.5 105.6 105.8 106.2 34.9 36.3 35.2 34.1 33.2 35.4 34.8 34.5 34.2 36.1 36.2 35.9 35.5 36.7 38.8 38.7 37.8 36.9 38.7 38.0 37.6 37.1 39.3 39.8 38.9 38.1 39.0 40.9 39.7 38.9 38.3 40.5 39.8 39.2 38.5 40.0 41.6 40.5 39.3 39.8 41.5 41.2 40.3 39.7 42.1 42.2 41.7 41.1 41.8 43.3 42.3 42.0 42.3 MONEY STOCK MEASURES AND COMPONENTS - MEEKLY BILLIONS OF DOLLARS Ml 1985 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 SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 7 14 21 28 4 11 18 25 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 554.9 553.5 556.8 558.4 560.1 561.6 562.2 564.5 566.2 565.4 565.4 566.6 569.1 568.6 570.7 571.1 570.1 571.7 574.0 576.1 577.5 578.5 581.4 582.9 584.9 587.7 588.0 588.1 589.5 591.3 593.8 595.5 596.8 598.6 600.3 602.3 603.7 603.4 610.3 607.3 606.0 609.7 609.1 609.8 610.5 612.0 616.6 615.8 618.3 620.4 622.1 621.2 CURR ENCY 156.4 156.6 157.0 157.4 157.5 157.7 157.8 158.1 158.5 158.3 158.3 158.5 159.1 159.1 159.3 159.5 159.8 160.0 160.2 160.6 160.8 160.9 161.3 161.7 161.9 162.3 162.6 162.6 162.9 163.3 163.7 164.0 164.3 164.6 164.8 164.9 165.1 165.2 165.3 165.7 166.2 166.3 166.5 166.9 167.0 166.9 167.1 167.5 167.9 168.1 168.0 167.8 — -SEASONALLY ADJUSTED NONBANK DEMAND TRAVELERS DEPOSITS CHECKS 5.3 5.3 5.3 5.3 5.3 5.3 5.3 5.3 5.3 5.4 5.4 5.4 5.4 5.4 5.5 5.5 5.5 5.5 5.6 5.6 5.6 5.6 5.6 5.7 5.7 5.7 5.7 5.8 5.8 5.8 5.8 5.8 5.8 5.8 5.8 5.8 5.8 5.8 5.9 5.9 5.9 5.9 5.9 5.9 5.9 5.9 5.9 5.9 5.9 5.9 5.9 5.9 244.7 242.6 244.7 245.4 246.0 246.5 246.9 247.9 248.2 247.7 247.3 247.8 248.4 247.4 248.7 248.7 248.1 249.0 250.0 251.1 251.9 252.4 253.2 253.2 254.1 255.4 255.4 254.8 254.9 255.7 256.6 257.2 257.4 258.1 258.9 259.8 260.7 259.9 266.6 262.3 260.1 262.1 261.0 260.6 260.3 261.4 265.2 263.8 265.4 266.8 268.1 267.5 OCDS AT CB'S 105.5 106.1 106.6 106.9 107.4 107.8 108.0 108.6 109.1 109.1 109.4 109.6 110.3 110.7 111.2 111.2 110.7 110.9 111.6 112.0 112.2 112.7 113.7 114.4 114.8 115.4 115.6 116.1 116.5 117.0 117.8 118.3 118.7 119.2 119.6 120.3 120.4 120.6 120.5 121.1 121.3 122.1 122.4 123.0 123.4 123.9 124.0 124.1 124.4 124.8 124.9 124.8 OCDS AT THRIFTS 43.1 42.9 43.1 43.4 43.9 44.2 44.2 44.6 44.9 45.0 45.0 45.3 45.9 46.0 46.1 46.2 46.0 46.4 46.8 46.8 47.0 47.0 47.6 47.9 48.4 48.8 48.8 48.8 49.4 49.4 49.9 50.2 50.5 51.0 51.3 51.5 51.7 51.9 52.1 52.3 52.5 53.3 53.4 53.5 53.9 54.0 54.5 54.4 54.6 54.8 55.2 55.2 KinT CCACHMA —NUl O C A O U N A L L I Ml 583.2 568,8 558.5 542.9 553.6 554.9 552.4 546.5 557.4 562.1 558.4 552.1 561.2 579.6 582.5 578.7 561.8 571.6 571.3 571.5 562.7 577.6 592.1 589.1 578.0 586.0 603.0 596.9 588.6 580.5 598.3 598.8 596.9 587.5 593.7 612.9 608.0 593.0 596.8 613.3 608.9 607.7 595.3 611.4 615.3 616.8 609.7 622.5 631.3 631.0 633.9 635.9 CURR ENCY 157.6 156.2 155.3 154.1 155.1 156.8 156.3 155.1 156.4 157.9 157.2 156.6 156.7 160.0 158.9 158.4 157.6 160.2 160.9 160.6 160.7 160.7 163.5 162.7 162.0 162.3 165.9 164.3 164.0 163.0 165.0 166.0 165.2 164.0 164.4 166.2 165.2 164.2 163.2 166.4 166.6 165.8 164.7 166.4 168.5 167.4 166.9 168.6 170.3 169.9 171.3 169.9 NONBANK TRAVELERS CHECKS 4.9 4.9 4.9 4.9 5.0 5.0 5.0 5.0 5.1 5.1 5.1 5.1 5.2 5.2 5.2 5.2 5.3 5.3 5.3 5.4 5.5 5.5 5.7 5.9 6.1 6.3 6.4 6.5 6.6 6.7 6.8 6.7 6.6 6.5 6.4 6.3 6.3 6.2 6.1 6.0 5.9 5.9 5.8 5.7 5.6 5.6 5.5 5.5 5.5 5.5 5.5 5.5 HUJUJII.U- DEMAND DEPOSITS 265.2 254.2 247.3 237.5 242.7 240.6 240.6 236.5 241.6 243.0 241.7 237.3 243.9 251.4 254.0 251.4 243.1 247.3 246.8 248.3 241.2 251.6 257.4 256.6 249.8 256.5 262.7 260.3 254.2 249.3 258.1 257.1 257.6 251.1 254.5 264.6 263.4 254.2 261.0 265.8 262.3 262.4 254.6 263.3 262.4 266.3 262.5 270.5 272.5 274.7 276.6 280.7 OCDS AT CB'S 111.1 110.4 108.5 105.1 107.4 108.8 107.5 107.2 109.8 110.9 109.8 108.9 110.1 115.0 116.4 116.2 110.3 111.2 111.0 110.5 109.4 112.1 115.9 115.0 112.4 112.7 117.1 115.9 114.4 113.2 117.3 118.1 117.2 116.3 117.6 122.6 121.0 117.8 116.1 121.4 120.9 120.5 118.5 121.8 123.8 123.2 121.7 123.2 126.9 126.0 126.2 125.6 OCDS AT THRIFTS 44.3 43.3 42.5 41.2 43.3 43.8 42.9 42.7 44.5 45.2 44.5 44.1 45.4 48.0 48.0 47.4 45.5 47.7 47.2 46.6 45.9 47.7 49.6 48.8 47.8 48.2 50.9 49.9 49.3 48.3 51.2 50.9 50.4 49.6 50.8 53.1 52.1 50.7 50.4 53.6 53.2 53.1 51.8 54.2 55.0 54.3 53.0 54.7 56.1 54.9 54.3 54.2 MONEY STOCK MEASURESi AND COMPONENTS - HE EKLY BILLIONS OF DOLLARS Ml 1 9 8 6 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 ' 15 22 29 CURR ENCY 621.1 620.9 620.6 622.1 620.5 622.6 624.2 627.7 628.2 631.0 634.1 635.4 636.7 639.1 639.2 640.9 643.8 648.1 651.8 653.5 654.7 655.8 658.9 661.4 661.7 664.0 665.7 669.7 671.8 672.9 675.7 678.1 680.6 681.6 684.2 686.6 686.4 688.7 690.2 689.8 692.4 696.9 699.4 699.7 703.7 706.8 707.6 713.5 715.1 718.7 726.4 735.3 167.9 168.4 168.7 168.8 168.8 169.2 169.6 169.9 169.9 170.3 170.7 171.0 171.2 171.5 171.3 171.6 171.9 172.3 172.5 172.8 173.0 173.2 173.3 173.7 173.8 174.0 174.4 174.7 174.9 175.2 175.5 175.6 175.8 176.2 176.7 176.7 176.7 177.3 177.5 177.6 178.2 178.5 178.8 178.7 178.9 179.4 179.5 180.0 180.4 180.6 180.7 181.5 —SEASONALLY ADJUSTED NONBANK DEMAND TRAVELERS CHECKS DEPOSITS 5.9 5.9 5.9 5.9 5.9 5.9 5.9 5.9 5.9 6.0 6.0 6.1 6.1 6.1 6.1 6.1 6.1 6.1 6.1 6.1 6.1 6.1 6.2 6.2 6.2 6.3 6.3 6.3 6.4 6.4 6.4 6.4 6.4 6.5 6.5 6.5 6.5 6.4 6.4 6.4 6.4 6.4 6.4 6.4 6.4 6.5 6.5 6.5 6.5 6.5 6.4 6.4 266.7 265.4 264.0 264.7 263.5 264.3 265.0 267.4 267.8 269.1 270.6 271.3 271.0 271.9 271.5 272.5 274.1 276.4 277.6 278.0 277.8 278.3 279.7 280.2 279.7 280.8 281.2 283.3 283.7 283.7 284.6 285.4 286.4 285.9 286.3 288.3 287.0 287.2 287.7 286.0 286.3 288.5 289.3 289.6 291.3 291.9 291.7 295.6 296.4 298.0 303.1 309.0 .-MAT INU1 OCDS AT CB'S OCDS AT THRIFTS Ml CURR ENCY 125.1 125.9 126.3 126.7 126.5 126.9 127.2 127.6 127.7 128.5 129.0 129.3 129.8 130.4 130.8 131.2 131.8 132.7 134.1 135.0 135.7 136.0 136.9 137.6 138.1 138.7 139.3 140.4 141.2 142.0 143.1 143.7 144.6 145.4 146.5 147.1 147.7 149.0 149.7 150.5 151.7 153.1 154.3 154.4 155.5 156.7 157.6 158.5 158.8 160.0 161.4 163.5 55.4 55.3 55.6 55.9 55.9 56.3 56.5 56.9 56.8 57.2 57.7 57.7 58.5 59.2 59.5 59.5 59.9 60.6 61.4 61.5 62.1 62.2 62.9 63.7 63.9 64.2 64.5 65.1 65.6 65.6 66.2 66.9 67.3 67.5 68.1 68.0 68.6 68.7 68.9 69.2 69.7 70.3 70.6 70.5 71.6 72.4 72.2 72.8 73.0 73.7 74.8 74.9 655.3 636.8 625.0 608.0 610.2 618.1 613.4 609.2 615.5 628.5 625.9 619.3 624.8 651.8 651.9 652.4 636.5 648.2 647.7 647.3 637.6 652.4 670.6 669.1 655.9 657.7 685.1 680.4 672.3 661.0 678.5 683.3 681.5 669.7 676.9 697.0 691.7 679.1 671.8 697.6 694.4 696.4 683.5 697.7 711.1 711.8 700.0 719.2 730.3 730.6 740.0 750.9 169.1 168.1 167.4 165.9 166.0 168.5 168.2 166.9 167.2 170.0 169.5 169.2 169.3 171.7 171.3 170.8 170.0 172.1 173.4 172.8 173.0 172.6 175.7 175.0 174.2 173.8 178.0 176.7 176.1 175.0 176.5 177.9 176.9 175.9 176.2 177.7 176.7 176.2 175.2 177.8 178.8 178.0 177.1 177.6 180.6 180.1 179.5 181.0 182.5 182.4 183.9 184.5 CPAQHKIA i i v OLAOUINALLI NONBANK TRAVELERS CHECKS 5.5 5.5 5.5 5.5 5.5 5.6 5.6 5.6 5.6 5.7 5.7 5.8 5.8 5.9 5.8 5.8 5.8 5.8 5.9 5.9 6.0 6.0 6.2 6.4 6.6 6.8 7.0 7.1 7.2 7.3 7.4 7.4 7.3 7.2 7.2 7.1 6.9 6.8 6.7 6.6 6.5 6.4 6.4 6.3 6.2 6.1 6.1 6.0 6.0 6.0 6.0 5.9 An it i c T t n MUV;U^ILU DEMAND DEPOSITS OCDS AT CB'S OCDS AT THRIFTS 292.6 276.2 268.0 258.0 258.7 259.7 258.0 255.9 259.4 264.2 263.9 259.3 263.5 277.1 276.3 276.5 269.2 275.1 273.0 274.1 265.7 276.8 284.0 284.2 275.8 279.0 292.1 289.5 284.2 276.9 285.4 286.1 287.2 278.5 282.5 292.6 289.7 281.8 279.3 292.3 287.2 290.3 282.0 291.2 294.5 296.4 288.5 302.5 304.9 306.6 313.0 322.7 131.2 131.2 129.0 125.3 125.6 128.4 126.8 126.4 127.7 131.0 129.7 128.8 129.0 135.4 136.6 137.9 132.2 133.0 133.5 133.1 132.4 134.4 139.2 138.6 135.8 134.9 140.8 140.3 139.1 137.7 141.8 143.7 142.7 142.2 143.8 149.4 148.9 146.5 144.0 150.2 151.1 151.3 149.7 152.0 156.3 156.2 155.3 157.1 161.7 161.5 163.2 164.3 56.9 55.8 55.1 53.3 54.3 56.0 54.8 54.3 55.5 57.6 57.1 56.2 57.1 61.8 61.9 61.4 59.3 62.1 62.1 61.3 60.5 62.5 65.6 65.0 63.4 63.0 67.3 66.8 65.8 64.1 67.4 68.3 67.4 65.9 67.3 70.2 69.5 67.7 66.5 70.7 70.7 70.3 68.4 70.7 73.5 73.0 70.6 72.6 75.2 74.1 73.9 73.4 MONEY STOCK MEASURES AND COMPONENTS - NE EKLY BILLIONS OF DOLLARS CCXCfMkIA 1 1 %/ Ml 1987 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 CURR ENCY 739.8 730.2 726.4 728.2 729.5 729.7 730.5 732.2 731.2 732.2 733.6 733.5 735.8 735.7 737.2 749.8 750.6 747.0 746.5 747.4 748.9 749.2 745.1 742.2 742.3 741.2 743.9 742.5 743.6 744.3 742.8 745.0 746.9 747.7 748.5 746.3 748.1 749.5 750.1 752.7 751.2 756.8 765.8 759.2 756.6 753.6 753.2 751.3 750.0 748.5 749.2 751.3 181.5 181.5 182.1 182.5 182.8 183.3 183.4 183.8 183.8 183.9 184.2 184.3 184.5 184.8 185.3 185.5 185.9 186.2 186.2 186.4 186.7 187.3 187.3 187.7 188.1 188.2 188.5 188.7 188.8 189.2 189.2 189.7 189.9 190.4 190.7 190.9 191.4 192.0 192.2 192.4 192.5 193.0 193.9 194.5 194.6 195.1 195.4 195.9 196.4 196.6 196.7 197.7 NONBANK TRAVELERS CHECKS 6.4 6.4 6.5 6.5 6.5 6.5 6.6 6.6 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.8 6.8 6.8 6.8 6.9 6.9 6.9 6.9 6.9 6.9 7.0 7.0 7.1 7.1 7.1 7.1 7.1 7.1 7.0 7.0 6.9 6.9 6.9 6.9 7.0 7.0 7.0 7.0 7.0 7.0 MHT ADJUSTED DEMAND DEPOSITS OCDS AT CB'S OCDS AT THRIFTS Ml CURR ENCY 311.0 300.5 295.4 295.5 296.3 296.2 295.5 296.1 295.0 295.2 294.8 294.3 295.4 294.4 294.2 303.3 302.5 300.7 300.1 300.3 300.5 299.5 296.5 293.4 292.5 291.4 293.8 292.0 291.8 291.6 291.0 292.0 292.3 292.2 291.9 290.3 291.1 290.3 290.6 292.8 291.3 295.5 302.0 296.6 294.7 290.7 290.7 288.6 287.4 286.0 285.8 287.4 165.5 166.4 166.9 167.5 167.5 167.5 168.0 168.5 168.7 169.2 170.1 170.5 171.2 171.3 172.1 174.9 176.0 173.8 173.6 173.7 174.6 175.0 174.5 174.1 174.5 174.8 174.7 174.8 175.5 176.3 175.9 176.4 176.9 177.4 177.8 177.4 178.0 178.6 178.9 179.1 179.1 179.6 180.7 179.7 179.4 179.4 178.9 178.8 178.6 178.4 178.1 178.1 75.5 75.3 75.5 76.2 76.4 76.2 77.0 77.1 77.0 77.1 77.9 77.7 78.0 78.5 78.9 79.4 79.5 79.6 79.9 80.3 80.3 80.6 80.1 80.2 80.3 80.1 80.1 80.1 80.5 80.3 79.9 80.0 80.7 80.7 81.1 80.5 80.5 81.5 81.4 81.4 81.4 81.8 82.1 81.5 81.1 81.4 81.2 80.9 80.5 80.5 81.6 81.1 781.3 751.0 733.3 713.8 716.1 725.0 718.2 712.6 715.1 730.1 726.1 717.9 717.9 748.8 753.7 767.7 745.1 744.4 742.5 741.0 730.9 741.2 754.7 750.6 739.4 729.9 764.4 752.9 745.6 732.5 742.5 753.0 749.4 737.8 737.0 754.5 755.9 743.0 729.2 758.5 752.8 756.7 749.2 751.7 763.4 759.5 748.8 751.9 766.9 762.6 764.8 765.8 182.4 181.6 181.0 179.8 179.7 182.5 182.3 181.0 180.8 183.8 183.3 182.8 182.1 184.9 185.6 185.4 183.9 185.6 187.4 186.6 187.0 186.5 189.5 189.0 188.7 187.9 191.9 191.0 190.3 189.4 189.8 192.5 191.4 190.4 189.2 192.7 191.4 190.8 189.6 191.7 193.1 192.2 192.1 192.7 196.2 196.0 195.5 196.4 198.2 198.3 199.7 201.5 QPAQHklA* « v NONBANK TRAVELERS CHECKS 5.9 6.0 6.0 6.0 6.1 6.1 6.2 6.3 6.4 6.4 6.4 6.4 6.4 6.4 6.4 6.4 6.4 6.4 6.4 6.5 6.6 6.6 6.8 7.0 7.2 7.4 7.5 7.6 7.7 7.8 7.9 7.9 7.9 7.9 7.9 7.7 7.6 7.5 7.4 7.3 7.2 7.0 6.9 6.7 6.7 6.6 6.6 6.5 6.5 6.5 6.5 6.5 An iiicrcn DEMAND DEPOSITS 342.7 313.2 300.5 288.4 291.0 291.0 287.1 284.2 285.4 289.9 288.1 282.7 283.8 299.2 299.6 309.4 297.8 298.1 294.7 296.1 288.1 295.5 299.0 297.3 291.1 286.8 306.8 297.2 293.4 285.1 291.0 293.6 293.8 286.2 286.5 292.3 294.6 287.2 281.5 299.9 291.6 297.8 294.7 295.3 297.3 295.3 289.8 292.6 297.5 296.1 297.3 298.9 OCDS AT CB'S 173.1 173.6 170.7 166.6 165.7 169.5 167.8 167.5 168.0 172.4 171.1 170.2 169.8 176.8 179.6 184.1 177.9 173.7 172.7 171.5 170.8 172.3 176.4 175.3 172.3 169.6 175.3 174.7 173.0 171.4 173.3 176.8 175.1 174.1 174.0 179.3 179.8 176.7 172.3 177.2 178.4 177.7 175.7 176.2 180.1 179.3 177.0 176.5 181.8 180.3 180.5 179.3 OCDS AT THRIFTS 77.1 76.6 75.1 73.0 73.6 75.8 74.8 73.7 74.6 77.6 77.2 75.8 75.8 81.4 82.4 82.4 79.1 80.6 81.2 80.2 78.4 80.2 83.0 82.0 80.1 78.3 82.9 82.3 81.1 78.8 80.5 82.3 81.3 79.3 79.4 82.5 82.4 80.8 78.5 82.3 82.6 81.9 79.8 80.7 83.1 82.3 80.0 79.8 82.9 81.3 80.9 79.6 TABLE 9 MONEY STOCK MEASURES AND COMPONENTS BILLIONS OF DOLLARS Ml 1 9 8 8 JAN JAN JAN JAN FEB FEB FEB FEB FEB MAR 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 OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 29 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 752.7 753.6 758.4 760.0 762.0 758.1 757.6 760.4 756.8 757.8 761.0 764.4 764.3 764.1 766.4 769.1 774.2 771.7 772.0 773.4 774.2 773.0 775.6 777.2 780.7 780.0 780.1 783.2 783.9 784.0 784.8 784.1 784.3 784.3 783.7 783.6 783.4 784.9 786.1 783.6 784.3 786.7 785.4 786.0 785.1 784.8 785.6 787.6 787.2 787.3 786.8 785.6 CURR ENCY 198.1 197.6 198.0 198.0 198.5 198.8 199.0 199.5 199.4 199.7 200.2 200.8 201.2 201.2 201.8 202.0 202.5 202.5 202.8 203.4 203.7 203.8 204.1 204.5 204.9 205.3 205.6 205.9 206.1 206.6 206.8 207.0 207.2 207.6 208.0 208.1 208.6 208.9 209.3 209.1 209.4 209.9 210.2 210.4 210.5 210.7 211.1 211.7 211.9 211.8 212.3 212.5 — -SEASONALLY ADJUSTED — NONBANK DEMAND TRAVELERS CHECKS DEPOSITS 7.0 7.1 7.1 7.1 7.2 7.2 7.2 7.2 7.2 7.2 7.2 7.2 7.2 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.4 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.5 7.4 7.4 7.4 7.4 7.4 7.5 7.5 288.0 288.4 290.6 290.7 290.8 288.4 286.9 288.3 286.3 286.1 287.6 288.8 287.9 288.3 289.4 290.2 291.9 290.0 289.8 289.9 289.6 288.5 290.4 290.8 291.9 290.5 290.2 292.0 291.2 290.3 290.9 291.3 290.9 290.1 289.2 289.6 288.9 289.2 289.8 288.8 289.0 289.7 287.9 288.2 287.5 286.9 286.4 288.1 287.6 287.8 286.5 285.0 OCDS AT CB'S OCDS AT THRIFTS 178.2 179.3 181.1 181.9 182.6 181.9 182.1 182.4 181.9 182.5 183.1 183.8 184.2 183.9 184.3 184.9 186.7 186.5 187.1 187.4 187.7 187.7 188.0 188.3 189.4 189.9 190.1 190.8 191.3 191.8 191.7 191.1 191.1 191.2 191.2 191.0 191.1 191.7 191.9 191.2 191.2 191.8 192.0 192.1 192.2 192.2 192.5 192.5 192.4 192.4 192.4 192.7 81.4 81.2 81.6 82.3 82.9 81.9 82.5 83.0 82.1 82.3 82.8 83.7 83.7 83.4 83.7 84.8 85.7 85.4 84.9 85.4 85.8 85.6 85.8 86.3 87.1 86.9 86.9 87.3 88.0 88.0 88.1 87.5 87.8 88.0 87.9 87.5 87.5 87.8 87.9 87.1 87.2 88.0 87.8 87.9 87.5 87.5 88.1 87.8 87.9 87.8 88.1 87.9 Ml 788.0 781.2 767.6 748.7 744.8 753.1 746.6 742.9 736.7 756.9 754.6 751.9 744.4 773.7 783.3 786.6 774.5 765.4 770.4 767.6 757.7 756.7 788.0 784.2 781.8 765.1 790.9 800.4 787.3 773.8 778.9 792.8 787.7 778.5 768.5 789.0 792.7 783.2 763.7 778.3 789.2 788.8 772.2 772.8 792.0 790.6 785.7 783.6 801.4 802.0 802.0 798.6 WEEKLY CURR ENCY 199.1 198.0 197.2 195.6 195.2 197.9 198.1 196.8 196.0 199.3 199.3 199.4 198.9 201.3 202.5 201.4 200.7 201.0 204.3 203.6 203.3 203.9 206.0 206.3 206.0 205.1 208.2 209.0 207.6 206.8 206.7 209.6 208.7 208.0 206.4 209.0 208.8 207.7 206.8 207.1 210.4 209.2 208.5 207.8 211.2 211.5 211.2 212.0 212.6 213.9 214.7 217.4 -NOT SEASONALLY ADJUSTEDOCDS NONBANK AT DEMAND TRAVELERS CB'S DEPOSITS CHECKS 6.5 6.6 6.6 6.7 6.7 6.8 6.8 6.9 6.9 6.9 6.9 6.9 7.0 7.0 6.9 6.9 6.9 6.9 7.0 7.1 7.2 7.2 7.3 7.5 7.6 7.8 8.0 8.1 8.2 8.3 8.3 8.3 8.2 8.2 8.1 8.0 7.9 7.8 7.7 7.6 7.6 7.5 7.4 7.3 7.2 7.2 7.1 7.0 6.9 6.9 6.9 7.0 315.6 305.3 296.4 284.9 283.3 283.0 279.1 278.1 274.6 281.8 281.5 279.7 274.7 292.3 294.0 294.9 289.8 285.9 285.2 286.0 279.0 278.2 295.6 292.3 292.7 283.4 297.7 301.5 294.1 285.4 288.9 293.4 292.3 287.0 281.8 290.9 292.4 289.0 279.1 290.4 290.9 293.2 282.7 284.8 290.8 291.1 288.7 289.3 297.6 297.1 297.8 293.8 184.5 188.1 185.8 182.1 180.3 184.0 182.2 181.5 180.4 186.0 184.6 183.9 182.6 187.8 192.1 194.9 191.2 186.1 187.1 185.3 183.9 183.4 190.0 189.8 188.2 184.1 188.7 191.5 188.6 186.8 187.4 191.5 189.6 188.3 186.5 191.9 193.6 190.9 185.3 186.7 191.2 190.3 187.7 187.1 193.1 192.3 191.2 189.3 194.5 195.0 194.7 194.1 OCDS AT THRIFTS 82.3 83.3 81.6 79.4 79.3 81.5 80.4 79.6 78.8 82.9 82.3 82.1 81.3 85.4 87.8 88.5 85.9 85.5 86.9 85.6 84.3 84.0 89.1 88.2 87.3 84.8 88.3 90.4 88.9 86.5 87.5 90.0 88.8 87.1 85.7 89.0 89.8 87.7 84.8 86.4 89.1 88.6 85.9 85.7 89.6 88.6 87.6 86.0 89.8 89.1 87.9 86.3 MONEY STOCK MEASURES AND COMPONENTS - HEEKLY BILLIONS OF DOLLARS Ml 1989 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY 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 2 9 16 23 30 6 13 20 27 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 787.8 787.8 786.0 785.8 784.3 785.2 786.2 785.7 785.0 785.9 784.5 784.4 783.8 781.1 778.0 779.0 782.3 785.4 778.8 776.7 773.4 775.0 774.6 772.6 771.8 772.7 776.2 779.9 780.0 779.5 779.0 779.7 779.7 781.0 779.9 779.6 782.6 782.3 783.1 785.7 787.1 790.1 789.9 788.0 788.2 787.1 789.0 791.2 792.1 791.5 793.1 795.8 CURR ENCY 212.9 213.1 213.2 213.1 213.2 213.4 213.7 213.9 214.3 214.4 214.6 215.1 215.2 215.2 215.0 215.2 215.6 216.0 216.0 216.3 216.6 216.8 216.9 217.1 217.2 217.6 217.5 217.6 217.9 218.3 218.5 218.7 218.6 218.9 219.2 219.3 219.4 219.3 219.6 219.9 219.9 219.9 220.3 220.6 220.5 220.4 220.9 221.5 221.8 221.8 222.6 223.0 —SEASONALLY ADJUSTED NONBANK DEMAND TRAVELERS DEPOSITS CHECKS 7.5 7.5 7.5 7.5 7.5 7.5 7.5 7.4 7.4 7.4 7.4 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.2 7.2 7.2 7.2 7.2 7.3 7.3 7.4 7.4 7.4 7.4 7.4 7.4 7.4 7.4 285.7 285.9 284.0 284.4 283.7 284.4 284.2 284.2 283.3 284.4 283.4 283.3 283.4 281.8 280.0 280.2 281.6 283.3 281.6 281.5 278.0 279.4 278.3 276.3 275.4 275.7 278.6 281.6 280.5 279.8 278.8 279.1 278.4 279.2 277.7 276.8 278.8 278.0 277.9 279.1 279.8 281.8 281.3 278.8 278.2 277.4 278.6 279.3 278.8 278.2 278.4 279.9 MOT CCACnKIA ■-NUI OCDS AT CB'S OCDS AT THRIFTS Ml CURR ENCY 193.0 193.0 192.7 192.4 191.9 192.2 192.6 192.3 192.4 192.2 192.2 191.9 191.4 190.9 190.2 190.6 192.0 192.7 189.5 188.2 188.0 188.3 188.5 188.1 188.2 188.4 188.9 189.5 189.9 189.9 189.9 190.4 190.9 191.0 191.1 191.4 191.8 192.0 192.5 193.1 193.6 194.0 194.3 194.8 195.5 195.2 195.5 196.2 196.9 197.0 197.0 197.8 88.6 88.2 88.6 88.4 88.0 87.8 88.3 87.8 87.6 87.5 87.0 86.7 86.5 85.9 85.6 85.6 85.8 86.0 84.2 83.3 83.6 83.4 83.6 83.8 83.8 83.6 83.8 83.9 84.4 84.3 84.5 84.2 84.6 84.7 84.6 84.9 85.4 85.7 86.0 86.4 86.7 87.1 86.6 86.4 86.7 86.7 86.7 86.8 87.2 87.1 87.7 87.7 817.4 820.2 800.1 781.9 764.2 781.8 774.9 771.0 762.5 785.3 778.1 774.7 766.4 780.7 795.9 799.2 790.7 777.8 776.8 771.9 760.2 755.6 783.2 780.0 775.1 759.1 780.9 798.1 784.7 770.8 767.6 788.4 783.1 778.9 764.5 779.9 793.2 781.6 762.2 776.2 792.4 793.3 778.9 771.6 795.0 792.2 792.2 787.9 800.8 806.4 807.0 810.7 213.8 213.8 212.5 210.9 209.4 211.8 212.4 212.2 210.9 213.4 214.2 214.2 213.9 213.9 216.5 215.4 214.4 214.2 217.4 216.8 216.4 216.7 218.2 219.2 218.4 217.6 219.0 221.4 219.8 218.9 218.1 221.1 220.2 219.4 217.7 219.6 219.8 218.3 217.2 217.1 220.7 219.4 218.7 217.8 220.6 221.4 221.0 222.0 221.9 224.1 224.7 228.2 OLAOUINALLI NONBANK TRAVELERS CHECKS 7.0 7.0 7.0 7.0 7.1 7.1 7.1 7.1 7.1 7.1 7.1 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.1 7.1 7.2 7.2 7.4 7.5 7.7 7.8 7.9 8.0 8.1 8.2 8.2 8.1 8.1 8.0 8.0 7.8 7.7 7.6 7.4 7.4 7.3 7.3 7.2 7.2 7.1 7.0 7.0 6.9 6.9 6.9 6.9 MUJUOICU- DEMAND DEPOSITS 311.0 305.1 292.8 283.2 275.2 281.4 276.0 275.4 270.4 281.5 276.1 275.4 271.3 280.5 284.0 286.4 282.6 279.5 275.7 277.7 269.6 267.5 281.8 278.0 277.0 269.5 284.3 290.5 283.6 275.2 273.4 281.2 279.6 278.6 270.3 275.2 283.1 277.8 268.2 279.2 282.1 286.2 277.8 273.8 282.1 280.7 282.7 280.8 285.5 286.5 288.8 290.2 OCDS AT CB'S 197.2 203.2 198.7 194.5 188.8 194.1 193.2 191.5 190.3 195.7 194.0 192.4 190.0 192.7 198.4 200.4 199.5 191.8 190.2 186.4 184.5 183.0 189.7 189.6 187.7 182.7 185.8 191.2 187.7 185.3 184.7 191.0 189.7 188.5 186.2 191.3 194.6 191.8 186.1 187.7 193.8 192.8 190.2 189.0 196.2 195.3 194.7 193.1 198.2 200.0 198.9 199.3 OCDS AT THRIFTS 88.4 91.1 89.0 86.3 83.6 87.4 86.2 84.7 83.8 87.6 86.7 85.6 84.2 86.7 90.1 89.9 87.3 85.3 86.4 83.9 82.6 81.2 86.1 85.8 84.4 81.6 84.0 87.1 85.5 83.3 83.1 86.9 85.4 84.3 82.3 85.7 87.9 85.9 83.1 84.8 88.5 87.7 85.0 83.8 88.9 87.7 86.8 85.1 88.3 89.0 87.6 86.2 MONEY ST OCK MEASUFtES AND COMPiONENTS - HEEKLY B I L L I O N S OF DOLLARS Ml 1 9 9 0 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 1 8 15 22 29 5 12 19 26 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 797.1 795.9 793.9 794.8 795.7 798.4 799.6 800.1 803.0 804.1 803.1 803.3 803.9 804.5 806.2 808.1 808.5 807.3 806.2 804.6 806.4 806.3 808.9 809.1 808.3 810.2 812.1 810.2 809.7 809.0 810.6 812.2 815.6 817.2 816.8 820.2 822.0 822.2 823.0 825.8 823.8 822.2 819.9 822.3 823.7 823.3 824.0 824.9 822.5 822.6 826.3 828.6 828.4 CURRENCY 223.7 224.0 224.2 224.5 225.1 225.6 225.9 226.3 227.0 227.2 227.2 227.8 228.4 228.9 229.2 229.5 230.1 230.4 230.6 231.0 231.7 232.1 232.6 232.9 233.4 234.2 234.4 234.6 235.4 236.2 236.8 237.1 237.8 238.9 240.0 240.6 241.2 241.6 242.4 243.3 243.4 243.5 244.6 245.3 245.2 245.0 245.4 245.9 245.7 246.0 246.9 247.3 247.4 — -SEASONALLY NONBANK TRAVELERS DEMAND DEPOSITS CHECKS 7.4 7.4 7.4 7.5 7.5 7.5 7.5 7.5 7.5 7.5 7.6 7.6 7.6 7.6 7.6 7.6 7.7 7.7 7.7 7.7 7.8 7.8 7.8 7.8 7.8 7.9 7.9 7.9 7.9 7.9 7.8 7.9 8.0 8.1 8.1 8.2 8.2 8.3 8.3 8.3 8.3 8.3 8.4 8.4 8.4 8.4 8.3 8.3 8.3 8.3 8.3 8.3 8.3 279.7 277.5 275.7 276.9 277.7 278.5 278.9 278.8 280.4 280.2 279.1 278.5 278.0 277.6 278.0 278.9 278.4 277.8 276.6 275.0 276.0 274.9 275.6 275.6 274.3 275.3 276.2 275.9 275.7 275.3 275.6 276.1 278.7 279.2 277.6 279.0 279.9 280.2 280.2 280.8 279.2 278.8 276.8 277.4 277.6 277.4 277.6 278.2 275.5 275.0 277.8 279.0 277.1 --MfYT ^PAQHMA' ' V OCDS AT CB'S OCDS AT THRIFTS Ml CURRENCY 198.6 199.0 198.5 198.5 198.4 199.2 199.5 199.7 200.2 200.9 201.1 201.4 201.6 201.6 202.2 202.8 203.3 203.3 203.2 203.2 203.2 203.9 204.9 204.9 205.4 205.5 205.9 204.5 203.6 203.4 203.5 204.0 204.1 204.0 204.2 204.9 205.4 205.2 205.4 206.6 206.3 205.9 205.2 205.9 206.6 206.7 207.2 207.1 207.4 208.0 208.4 209.2 209.7 87.7 87.9 88.0 87.4 87.1 87.7 87.9 87.8 87.9 88.2 88.1 88.1 88.4 88.9 89.2 89.3 89.1 88.1 88.1 87.6 87.7 87.6 88.0 87.9 87.4 87.3 87.7 87.4 87.1 86.3 86.8 87.2 87.2 87.1 86.9 87.4 87.3 86.9 86.6 86.8 86.6 85.7 85.0 85.4 85.9 85.9 85.5 85.4 85.7 85.3 84.9 84.7 85.8 826.4 829.6 812.2 794.2 774.7 794.1 790.0 786.1 780.3 800.4 798.5 794.5 786.2 802.6 823.5 830.7 817.5 799.1 805.2 799.2 796.3 785.4 812.9 817.3 811.8 796.6 814.9 827.9 818.0 802.5 797.3 820.7 820.5 817.1 800.9 816.3 832.2 823.3 803.7 813.5 829.0 826.0 811.6 804.1 828.2 828.3 828.8 821.0 823.2 840.1 841.7 845.6 853.7 225.0 224.7 223.8 222.5 221.3 223.6 2 24.7 224.8 223.7 226.1 227.2 227.2 226.9 227.3 230.9 230.5 229.0 228.3 231.9 231.8 231.8 232.3 233.6 235.3 234.7 234.3 235.2 238.8 237.5 237.0 236.3 239.3 239.9 239.6 238.6 240.5 242.0 240.8 240.0 239.9 244.0 243.0 242.9 242.1 244.5 246.2 245.4 246.4 244.9 248.8 249.0 251.9 249.6 NONBANK TRAVELERS CHECKS 6.9 6.9 7.0 7.0 7.1 7.2 7.2 7.2 7.2 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.3 7.4 7.5 7.5 7.6 7.7 7.9 8.1 8.2 8.4 8.5 8.6 8.7 8.8 8.9 8.9 8.9 9.0 9.0 8.9 8.8 8.7 8.6 8.5 8.5 8.4 8.3 8.2 8.1 8.0 7.9 7.8 7.8 7.8 7.8 7.8 *•*» n i C T c n . DEMAND DEPOSITS OCDS AT CB'S OCDS AT THRIFTS 304.4 297.5 287.4 277.4 268.5 275.5 271.3 270.5 267.8 275.1 272.4 271.1 266.0 276.7 281.5 286.6 278.3 272.5 271.3 270.4 269.8 262.0 276.4 277.3 275.5 269.0 282.0 283.5 280.8 271.9 269.7 278.3 280.4 280.2 269.5 275.7 282.3 280.5 271.3 279.8 282.1 283.6 274.7 271.8 281.3 280.5 283.4 278.9 278.1 284.2 289.4 290.8 298.8 202.3 209.9 205.5 201.3 195.0 200.9 200.6 198.9 197.7 204.0 203.4 201.7 200.1 202.9 211.0 213.0 212.0 203.2 204.2 201.2 199.8 198.2 205.2 206.7 205.0 199.5 201.8 206.3 202.0 198.9 197.3 204.2 203.1 201.3 199.0 203.5 208.8 205.7 199.5 200.5 206.5 204.8 201.3 199.2 206.5 207.0 206.4 204.0 206.7 212.1 210.3 211.4 212.6 87.8 90.6 88.5 85.9 82.8 86.9 86.2 84.8 83.9 88.0 88.2 87.2 86.0 88.4 92.9 93.2 90.9 87.7 90.4 88.3 87.4 85.3 89.9 90.2 88.5 85.6 87.5 90.8 89.1 86.1 85.3 90.1 88.3 87.0 84.9 87.5 90.2 87.6 84.2 84.7 87.8 86.2 84.3 82.6 87.6 86.6 85.6 83.9 85.7 87.3 85.2 83.7 84.9 MONEY STOCK MEASURES. AND COMPONENTS - HEEKLY BILLIONS OF DOLLARS CCACnMAI i V Ml 1991 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 SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC JAN 7 14 21 28 4 11 18 25 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 CURR ENCY 825.6 823.9 824.9 828.3 831.3 834.9 836.2 838.2 840.8 841.3 840.7 842.7 845.4 844.4 843.8 841.1 840.7 845.9 850.8 851.8 852.2 853.7 856.5 857.0 856.8 860.4 860.4 857.9 858.7 861.5 864.9 864.7 865.2 868.4 869.9 871.5 871.0 872.1 873.8 877.5 878.0 881.7 884.0 886.2 888.9 891.6 893.9 895.0 896.6 897.6 898.9 899.5 902.9 248.3 250.2 252.9 253.7 253.9 254.0 254.4 255.4 255.8 255.7 255.7 256.1 256.6 256.0 256.0 256.4 256.7 256.2 256.4 256.7 257.0 256.8 256.9 257.2 258.1 258.7 258.5 258.7 259.3 260.4 260.5 260.6 261.2 261.9 262.3 262.1 262.5 263.3 263.9 263.7 264.2 264.8 265.8 266.1 265.9 265.7 266.1 266.5 266.9 267.2 267.2 267.9 268.4 NONBANK TRAVELERS CHECKS 8.3 8.3 8.3 8.2 8.2 8.2 8.2 8.1 8.1 8.1 8.1 8.1 8.1 8.0 7.9 7.8 7.7 8.0 8.0 8.0 8.0 8.0 8.0 7.9 7.9 7.8 7.8 7.8 7.8 7.7 7.8 7.8 7.8 7.8 7.8 7.8 7.8 7.9 7.9 7.9 7.9 7.9 7.9 7.9 8.0 8.0 8.1 8.1 8.1 8.2 8.2 8.3 8.3 MOT CCAQnMA i i v/ * n nicTcn_ ■— NU 1 ot A O U I N A L U i H U J U J I C U - ADJUSTED DEMAND DEPOSITS OCDS AT CB'S OCDS AT THRIFTS Ml CURR ENCY 273.4 271.1 270.5 271.6 272.7 275.7 276.8 276.6 276.7 276.7 276.4 277.0 277.9 277.6 277.2 275.1 274.3 277.0 279.1 278.9 278.2 279.1 280.8 280.8 278.8 280.3 280.8 278.9 278.4 278.8 280.4 279.5 279.4 280.8 281.0 281.2 280.3 280.3 280.7 283.3 282.9 284.5 284.1 284.3 286.3 288.5 288.9 289.1 289.4 289.2 289.9 289.4 290.3 209.9 209.2 208.7 209.6 210.4 211.1 211.4 212.2 214.0 214.5 214.5 214.7 215.3 215.3 215.7 215.1 215.2 217.5 219.7 220.7 221.5 221.7 222.7 223.1 223.9 225.2 224.9 225.0 225.9 227.0 228.2 228.7 229.5 230.1 231.1 232.2 232.4 232.6 232.9 234.0 234.3 235.5 236.6 237.6 238.2 238.8 240.1 240.9 241.7 242.3 242.0 240.3 243.6 85.6 85.1 84.5 85.1 86.1 85.9 85.3 85.9 86.3 86.4 86.0 86.7 87.6 87.5 87.0 86.8 86.8 87.2 87.6 87.4 87.5 88.1 88.1 87.9 88.1 88.4 88.4 87.6 87.4 87.7 88.0 88.1 87.3 87.8 87.9 88.2 88.0 88.1 88.4 88.7 88.7 89.0 89.5 90.4 90.6 90.5 90.6 90.4 90.5 90.7 91.6 93.6 92.3 863.7 841.6 826.7 807.9 824.3 828.7 824.1 814.1 831.8 837.9 832.6 825.1 843.6 861.7 865.5 854.9 830.8 848.4 845.1 842.6 829.2 850.2 867.6 863.4 843.9 859.3 880.5 867.8 855.0 846.3 872.7 869.2 865.0 852.5 861.1 884.0 875.7 855.4 854.4 883.6 879.4 877.0 863.4 887.2 894.9 896.3 882.7 904.3 915.4 914.9 917.2 920.6 943.3 250.1 249.7 250.7 249.4 251.2 253.1 253.1 252.0 254.1 256.1 255.4 254.8 255.2 257.7 256.6 255.6 254.4 257.3 257.7 257.1 257.5 257.1 260.2 259.1 258.4 258.9 263.1 261.0 260.5 259.6 262.1 262.9 262.0 260.7 261.3 263.1 262.0 261.1 260.3 263.8 264.1 263.2 262.4 264.4 267.1 265.6 265.1 267.5 269.4 269.4 271.6 270.4 269.7 NONBANK TRAVELERS CHECKS 7.8 7.8 7.8 7.9 7.9 7.9 7.8 7.8 7.8 7.8 7.8 7.8 7.8 7.6 7.5 7.4 7.3 7.6 7.7 7.8 7.9 7.9 8.0 8.1 8.2 8.3 8.4 8.5 8.5 8.6 8.7 8.7 8.6 8.6 8.5 8.4 8.3 8.3 8.2 8.1 8.0 8.0 7.9 7.8 7.8 7.7 7.7 7.6 7.7 7.7 7.8 7.8 7.8 DEMAND DEPOSITS OCDS AT CB"S OCDS AT THRIFTS 296.1 281.8 272.5 262.9 269.3 270.2 270.3 263.0 268.5 270.2 269.7 264.8 277.9 281.0 284.2 276.9 268.2 274.4 273.7 273.8 263.3 276.2 282.7 283.1 271.9 283.8 289.7 284.6 276.8 272.1 283.5 279.9 280.6 272.9 276.3 284.4 282.7 272.4 275.6 286.7 285.5 284.9 277.7 287.3 289.4 294.8 285.9 298.2 298.9 302.1 302.1 307.8 315.3 221.6 217.0 212.5 206.6 211.3 213.0 210.6 209.4 215.9 217.3 214.7 213.5 215.9 224.3 226.6 225.6 215.1 219.1 217.9 216.9 215.0 219.9 225.5 223.4 218.7 220.2 227.2 223.9 221.6 219.6 227.6 228.0 226.3 224.4 227.5 236.6 233.6 227.3 224.8 234.4 232.7 232.3 229.1 236.6 239.1 237.8 235.7 239.1 245.7 244.0 245.3 244.2 255.5 88.1 85.2 83.2 81.1 84.6 84.5 82.3 81.8 85.5 86.6 85.1 84.3 86.8 91.1 90.6 89.5 85.7 90.0 88.1 87.1 85.5 89.0 91.2 89.8 86.6 88.1 92.1 89.8 87.7 86.4 90.8 89.7 87.5 85.9 87.5 91.5 89.1 86.3 85.5 90.6 89.0 88.7 86.4 91.1 91.5 90.4 88.3 91.9 93.7 91.8 90.4 90.5 94.9 MONEY STOCK MEASURES AND COMPONENTS - HEEKLY BILLIONS OF DOLLARS 4ir«T — M2 1981 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 1631.6 1637.8 1642.5 1642.3 1643.0 1645.6 1650.0 1653.8 1659.8 1664.2 1666.4 1670.9 1679.2 1684.7 1689.2 1691.5 1694.3 1698.2 1695.9 1694.1 1695.3 1698.0 1701.0 1703.0 1706.8 1708.7 1711.3 1713.7 1717.9 1722.5 1725.2 1732.0 1733.1 1736.3 1739.9 1740.4 1745.8 1746.4 1747.1 1751.8 1756.1 1760.5 1764.7 1766.9 1773.0 1778.2 1777.4 1781.3 1786.3 1790.2 1795.0 1796.0 M3 2001.6 2008.2 2014.6 2019.5 2023.9 2026.8 2029.8 2036.2 2040.7 2044.3 2046.1 2051.3 2059.4 2065.1 2070.4 2076.9 2083.3 2085.5 2088.3 2089.2 2092.0 2096.6 2102.8 2102.6 2105.9 2111.8 2123.2 2121.3 2129.0 2133.4 2139.5 2146.2 2148.7 2152.5 2156.9 2161.8 2165.9 2169.6 2175.4 2180.8 2186.5 2188.8 2192.4 2197.2 2204.3 2211.0 2214.0 2219.3 2226.8 2230.0 2235.7 2235.7 M2 LESS Ml M3 LESS M2 1224.6 1226.7 1228.7 1229.0 1231.1 1232.5 1235.4 1238.1 1244.7 1246.9 1248.0 1251.9 1257.6 1260.5 1262.5 1262.5 1265.7 1270.9 1270.7 1270.8 1273.2 1274.7 1277.8 1279.5 1281.7 1284.3 1284.6 1287.9 1292.0 1296.6 1298.8 1302.9 1305.4 1309.1 1311.9 1313.2 1315.5 1316.9 1320.2 1324.0 1326.9 1330.2 1334.0 1336.5 1341.0 1344.8 1345.4 1347.1 1350.4 1355.4 1358.3 1358.8 369.9 370.4 372.1 377.1 380.9 381.3 379.8 382.4 380.9 380.1 379.7 380.3 380.2 380.4 381.2 385.4 389.0 387.3 392.4 395.1 396.7 398.5 401.8 399.6 399.1 403.1 411.8 407.6 411.1 410.9 414.3 414.2 415.6 416.1 417.0 421.4 420.1 423.2 428.3 429.0 430.4 428.3 427.8 430.3 431.3 432.7 436.6 437.9 440.5 439.8 440.7 439.7 M2 1651.1 1649.6 1646.7 1630.7 1631.5 1639.1 1641.6 1640.0 1649.0 1661.4 1664.4 1661.6 1670.5 1695.7 1702.1 1699.6 1692.3 1692.3 1690.9 1689.2 1683.7 1693.1 1703.8 1708.1 1702.7 1700.2 1721.4 1724.2 1723.3 1718.7 1726.4 1739.1 1735.0 1730.5 1733.2 1743.0 1752.7 1742.6 1733.2 1755.9 1762.3 1764.2 1757.7 1763.7 1776.3 1781.5 1771.5 1777.8 1796.5 1798.3 1799.2 1794.3 CCACrtk NUI otAburiMLLi H U J U O I C U - M3 2018.4 2018.8 2019.3 2008.2 2012.2 2021.5 2023.4 2022.6 2031.4 2042.2 2044.1 2041.3 2049.8 2072.5 2079.3 2083.1 2076.4 2075.7 2081.0 2082.6 2080.7 2091.7 2102.6 2104.4 2096.2 2098.2 2126.9 2125.6 2129.8 2127.3 2138.8 2153.1 2150.7 2147.3 2152.6 2166.0 2174.1 2167.5 2164.4 2186.5 2195.6 2193.8 2188.0 2196.4 2210.7 2216.3 2210.6 2223.8 2238.3 2240.2 2240.6 2237.3 M2 LESS Ml M3 LESS M2 1220.8 1225.8 1226.7 1225.8 1228.1 1230.2 1234.0 1237.2 1244.3 1246.9 1249.6 1253.1 1260.5 1266.1 1268.0 1259.8 1266.7 1268.6 1268.2 1270.0 1272.5 1275.3 1279.2 1280.6 1281.1 1283.6 1286.2 1291.7 1295.3 1298.9 1301.1 1305.3 1307.5 1310.2 1312.1 1313.2 1315.9 1314.9 1317.3 1325.1 1328.6 1331.1 1334.3 1335.5 1338.9 1343.5 1342.0 1342.2 1349.8 1352.8 1352.0 1348.2 367.3 369.1 372.6 377.5 380.7 382.3 381.8 382.6 382.4 380.8 379.7 379.7 379.2 376.8 377.2 383.4 384.1 383.4 390.1 393.4 397.0 398.6 398.7 396.3 393.6 398.0 405.5 401.3 406.5 408.6 412.4 414.0 415.7 416.8 419.5 422.9 421.4 424.8 431.2 430.6 433.3 429.6 430.4 432.7 434.4 434.7 439.2 446.0 441.8 441.9 441.3 443.0 TABLE 10 MONEY STOCK MEASURES AND COMPONENTS - NEEKLY BILLIONS OF DOLLARS -SEASONALLY ADJUSTED- M2 1982 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR 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 OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 1802.4 1807.7 1812.4 1815.4 1818.4 1814.7 1813.0 1815.3 1815.9 1820.1 1825.1 1828.4 1833.0 1837.9 1837.5 1839.8 1843.6 1845.5 1849.7 1851.4 1852.2 1857.8 1858.9 1862.5 1864.8 1864.3 1866.5 1871.3 1873.8 1877.4 1882.6 1887.4 1891.0 1896.0 1899.6 1903.1 1905.8 1911.5 1912.0 1915.0 1918.5 1923.3 1928.8 1933.0 1935.1 1939.7 1938.8 1938.4 1939.4 1937.7 1955.4 1962.6 M3 2248 2252 2255 2263 2268 2264 2266 2267 2272 2278 2281 2286 2295 2301 2306 2311 2313 2314 2319.8 2320.4 2322.6 2332.8 2335.0 2338 2340 2342 2343 2349 2351 2358 2366 2371 2377 2384 2386 2391 2393 2398 2400 2404 2411.8 2417.8 2422 2427 2430 2431 2432 2432 2435 2429 2439 2448 M2 LESS Ml M3 LESS M2 1362.8 1364.2 1367.8 1371.4 1373.4 1373.0 1371.8 1374.7 1375 1378 1383 1386 1390 1392 1390 1391 1396 1400 1403 1405 1405 1410 1411 1414 1417 1419 1421 1423 1426 1429 1433 1437 1439 1443 1446 1448 1448 1452 1453 1453 1453.9 1456.8 1461 1462 1463 1466 1466 1466 1465.8 1461.3 1480.6 1488.5 446.0 444.8 443.6 448.1 450.4 449.9 453.3 451.7 .0 457. .9 457. .4 456. .6 457. .4 462. 463.8 468.8 471.3 .7 469. .6 468. .1 470. .0 469. .4 470. .0 475. .1 476. 475.8 475.8 477.8 476. .7 .1 478. .7 477. .2 481. .9 483. .6 484. .6 486. .3 488. .7 486. .7 488. .5 487. .1 487. .0 488. .2 489. .3 493. .5 494. .0 494. .9 494. .7 495. .5 491. .0 494. .5 494. .6 495. .2 492. .7 483. 485.8 M2 1822.0 1825.9 1818. 1805. 1805. 1808. 1805. 1802.6 1805.6 1818. 1825. 1822. 1823. 1850. 1850. 1851. 1840. 1837. 1846. 1847. 1840. 1850. 1864. 1868. 1864. 1853. 1875. 1884. 1880. 1873. 1881. 1893. 1893. 1890.8 1890.4 1905.3 1912.9 1908.8 1894.6 1915.6 1924.8 1926.5 1921. 1927. 1939. 1945. 1935. 1930.8 1949.8 1947.8 1962.4 1961.3 M3 .4 2265. .1 2268. .4 2262. .3 2253. .5 2255. .5 2258. .7 2261. .4 2254. .9 2263. .1 2277. .7 2281. .1 2279. .2 2285. 2310.8 2321.1 2315.6 2304.9 2302.0 2314.3 2314.8 2311.5 .4 2326. .7 2337. .1 2342. .7 2334. 2326.6 2346.0 2356.4 2353.2 2352.8 2363.8 .0 2378. .1 2381. .6 2379. .0 2380. .9 2395. .2 2402. .7 2397. .6 2386. .5 2407. .4 2422. .7 2423. .9 2418. .0 2426. .6 2437. .4 2439. .3 2431. .4 2434. .3 2446. .4 2443. .7 2447. 2451.8 M2 LESS Ml M3 LESS M2 1359.3 1364.0 1366.7 1369.8 1370.8 1371.3 1371.0 1374.3 1375.3 1379.4 1386.3 1389.4 1393.9 1400.1 1393.7 1393.2 1395.0 1397.6 1400.6 1405.1 1404.2 1411.4 1412.5 1415.9 1417.5 1418.0 1423.3 1427.0 1430.0 1431.7 1435.6 1439.4 1441.3 1443.9 1445.4 1447.5 1448.1 1449.6 1448.5 1453.9 1455.0 1457.7 1462.1 1462.4 1462.7 1467.5 1464.9 1459.7 1465.7 1459.7 1476.2 1478.3 443.3 442.2 444.0 448.2 450.3 450.6 456.0 451.8 458.3 458.5 456.1 456.7 461.7 460.7 470.3 464.0 464.8 464.9 468.0 467.7 471.0 476.5 473.6 473.3 470.7 472.9 470.8 471.7 473.0 479.1 482.4 484.4 487.2 488.8 489.7 490.7 489.3 488.9 491.9 491.9 497.6 497.2 497.5 498.1 498.6 493.5 495.4 503.5 496.5 495.6 485.3 490.5 TABLE 10 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS SEASONALLY ADJUSTED M2 1983 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR 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 OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 1970.7 1990.9 2006.2 2016.5 2029.9 2033.3 2043.5 2046.6 2053.7 2059.1 2061.0 2064.4 2067.9 2068.2 2076.4 2077.4 2084.0 2090.9 2091.0 2093.0 2097.7 2099.4 2101.8 2109.3 2108.5 2110.3 2116.5 2118.1 2120.0 2123.3 2125.5 2127.5 2128.6 2131.3 2132.6 2136.2 2139.2 2142.0 2147.7 2151.7 2157.9 2163.7 2167.9 2170.5 2173.1 2176.0 2176.5 2178.3 2180.6 2184.9 2185.6 2186.6 M3 2457.1 2463.2 2471.1 2478.2 2491.6 2494.9 2501.3 2504.8 2510.6 2515.2 2516.9 2520.4 2530.3 2532.5 2538.7 2538.2 2545.0 2548.0 2553.8 2554.9 2558.6 2558.0 2566.3 2574.3 2578.2 2581.5 2586.6 2587.1 2590.0 2593.0 2596.9 2600.0 2603.7 2609.3 2612.6 2618.5 2621.2 2623.6 2631.7 2633.7 2635.4 2641.5 2647.6 2654.0 2663.7 2670.0 2676.4 2681.3 2683.8 2687.6 2690.9 2697.9 NOT SEASONALLY ADJUSTED — M2 LESS Ml M3 LESS M2 1497.3 1515.2 1527.7 1537.2 1549.5 1551.9 1561.2 1563.5 1567.3 1570.9 1573.0 1574.8 1577.2 1574.5 1581.9 1584.9 1590.5 1595.3 1593.2 1592.9 1597.5 1598.9 1600.2 1606.3 1604.8 1606.4 1611.1 1610.5 1612.3 1614.3 1614.5 1616.8 1618.0 1620.6 1621.5 1624.2 1626.6 1629.1 1632.7 1636.7 1640.2 1644.6 1647.8 1651.4 1654.0 1655.9 1656.8 1657.7 1659.3 1662.9 1663.8 1666.2 486.4 472.3 464.9 461.7 461.8 461.6 457.9 458.3 456.9 456.1 456.0 456.0 462.4 464.3 462.3 460.9 461.0 457.1 462.8 461.9 460.9 458.5 464.5 465.1 469.7 471.3 470.1 469.0 470.0 469.7 471.4 472.5 475.2 478.0 480.0 482.2 482.0 481.5 484.0 481.9 477.5 477.8 479.7 483.4 490.6 494.0 499.9 503.0 503.2 502.7 505.3 511.3 M2 1987.8 2014.6 2015.7 2010.0 2014.9 2029.1 2037.2 2035.0 2040.9 2059.5 2062.1 2060.8 2056.3 2081.3 2094.5 2088.2 2079.8 2079.8 2086.9 2090.8 2089.0 2089.2 2110.3 2117.3 2109.9 2097.5 2122.9 2132.9 2126.9 2118.4 2120.6 2132.2 2133.0 2127.7 2120.0 2136.5 2144.7 2139.4 2127.8 2146.8 2164.3 2167.6 2160.2 2160.1 2176.9 2182.8 2178.1 2169.2 2190.5 2194.9 2193.4 2185.8 M3 2473.2 2483.8 2481.1 2471.4 2476.2 2490.2 2497.1 2492.8 2498.2 2515.7 2517.6 2516.0 2518.7 2544.5 2552.1 2547.0 2537.6 2534.5 2548.4 2551.9 2550.5 2550.0 2573.4 2580.8 2575.8 2564.5 2587.9 2595.6 2592.0 2585.7 2590.6 2604.3 2609.1 2606.0 2602.7 2620.5 2627.9 2621.9 2614.9 2631.0 2645.5 2648.4 2642.8 2646.9 2669.7 2678.8 2678.1 2682.0 2692.1 2699.7 2698.9 2700.4 M2 LESS Ml M3 LESS M2 1494.5 1516.7 1528.7 1537.8 1547.3 1551.0 1561.6 1564.4 1568.2 1573.0 1577.1 1578.4 1579.8 1583.6 1590.1 1585.2 1587.4 1590.5 1589.8 1593.2 1598.1 1600.3 1602.8 1607.7 1604.4 1603.3 1612.4 1612.7 1615.0 1616.1 1615.0 1618.1 1619.7 1621.4 1620.1 1623.0 1625.0 1625.7 1626.5 1635.7 1640.6 1645.1 1648.1 1650.0 1653.1 1656.5 1657.0 1651.4 1660.9 1661.7 1660.0 1656.2 485.4 469.2 465.4 461.4 461.3 461.1 460.0 457.8 457.4 456.3 455.5 455.1 462.3 463.2 457.6 458.8 457.8 454.7 461.5 461.2 461.5 460.8 463.1 463.5 465.8 467.0 465.0 462.7 465.1 467.2 470.0 472.1 476.1 478.3 482.7 483.9 483.2 482.5 487.1 484.2 481.2 480.7 482.6 486.8 492.8 496.0 500.0 512.8 501.6 504.8 505.4 514.6 MONEY STOCK MEASURES AND COMPONENTS - WEE:KLY BILLIONS OF DOLLARS ecAcm M2 1984 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 16 23 30 6 13 20 27 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 2193.3 2199.1 2201.3 2202.0 2201.2 2211.8 2218.3 2223.6 2223.8 2226.4 2230.8 2234.1 2237.5 2243.3 2248.8 2248.5 2250.2 2252.6 2255.3 2261.7 2266.3 2268.0 2274.2 2273.5 2275.5 2279.2 2281.8 2283.8 2285.2 2288.9 2289.2 2289.5 2293.2 2295.9 2301.8 2304.0 2308.0 2312.1 2316.0 2318.0 2319.1 2322.7 2324.8 2330.9 2339.0 2346.0 2352.3 2352.3 2359.1 2365.9 2372.2 2379.6 2386.1 M3 2705.9 2706.8 2710.8 2714.8 2718.7 2729.5 2736.7 2743.1 2747.7 2752.6 2760.3 2765.6 2774.7 2781.5 2785.3 2793.2 2797.2 2800.3 2805.5 2813.9 2824.4 2829.8 2835.8 2836.5 2839.2 2847.4 2856.3 2857.7 2863.8 2870.7 2873.7 2874.7 2879.6 2881.8 2886.5 2889.8 2892.6 2900.5 2910.2 2915.8 2916.1 2920.8 2929.7 2938.4 2944.1 2954.8 2960.6 2962.9 2967.7 2976.1 2983.4 2995.3 3003.5 „, _ M2 LESS Ml M3 LESS M2 1671.7 1673.3 1675.0 1676.9 1676.2 1686.1 1691.2 1696.4 1696.4 1698.5 1701.2 1702.8 1705.2 1711.8 1715.0 1713.4 1715.3 1718.8 1720.0 1724.9 1728.8 1732.2 1735.8 1732.6 1734.7 1738.5 1741.6 1742.8 1742.8 1747.3 1749.4 1749.4 1752.0 1754.5 1760.3 1761.6 1763.1 1767.0 1771.3 1772.2 1775.3 1777.3 1781.7 1786.5 1793.4 1799.3 1803.2 1803.5 1810.4 1816.7 1820.7 1824.8 1830.0 512.5 507.7 509.5 512.8 517.5 517.7 518.4 519.6 524.0 526.2 529.5 531.5 537.2 538.1 536.5 544.7 547.0 547.7 550.2 552.2 558.1 561.8 561.6 562.9 563.8 568.2 574.4 573.8 578.6 581.7 584.5 585.2 586.4 585.9 584.6 585.7 584.6 588.4 594.2 597.8 597.0 598.0 604.8 607.5 605.1 608.8 608.3 610.6 608.6 610.2 611.2 615.7 617.4 MOT ^FA^DM*' • v * i niCTcn r M2 LESS M2 2210.4 2227.7 2215.7 2200.4 2184.1 2208.5 2212.0 2214.4 2208.2 2224.6 2231.2 2230.7 2225.8 2248.4 2268.2 2264.1 2250.8 2241.7 2250.5 2257.7 2259.1 2252.3 2280.0 2281.2 2277.5 2266.5 2283.5 2298.9 2296.2 2287.7 2281.0 2295.6 2298.1 2295.5 2288.6 2298.7 2314.5 2310.7 2297.1 2305.9 2324.2 2328.5 2321.0 2318.3 2341.6 2350.3 2356.6 2342.9 2363.9 2376.7 2380.2 2381.4 2397.0 M3 2722.4 2731.0 2725.5 2712.8 2701.1 2724.8 2732.0 2733.2 2731.9 2751.3 2760.6 2761.7 2763.1 2785.4 2802.0 2806.3 2794.3 2786.8 2798.6 2809.2 2817.6 2817.7 2841.6 2843.3 2838.5 2830.2 2853.0 2865.3 2868.2 2865.1 2863.0 2878.5 2884.6 2880.5 2875.3 2886.7 2901.0 2900.6 2895.0 2907.0 2924.6 2930.0 2927.6 2929.4 2948.4 2961.9 2964.4 2963.1 2973.0 2990.1 2993.1 3000.6 3017.7 Ml 1668.8 1676.5 1678.7 1679.6 1675.1 1686.2 1692.3 1698.2 1697.6 1700.6 1705.0 1706.5 1708.3 1720.5 1723.2 1717.0 1711.9 1715.7 1714.9 1722.9 1728.0 1731.0 1737.3 1732.8 1733.2 1734.9 1742.0 1744.7 1746.4 1750.0 1750.2 1750.4 1753.5 1755.2 1758.7 1759.2 1760.4 1762.8 1764.3 1769.2 1775.7 1778.6 1782.4 1785.7 1792.3 1798.7 1803.2 1797.1 1813.9 1815.0 1818.1 1816.2 1824.2 M3 LESS M2 512.0 503.4 509.8 512.5 517.0 516.3 520.0 518.7 523.7 526.7 529.3 531.0 537.3 536.9 533.8 542.1 543.5 545.1 548.1 551.5 558.5 565.4 561.6 562.1 561.1 563.8 569.4 566.4 572.0 577.4 582.0 583.0 586.5 585.0 586.8 588.1 586.5 589.9 597.9 601.0 600.4 601.5 606.6 611.1 606.8 611.6 607.8 620.2 609.1 613.4 612.9 619.2 620.6 TABLE 10 MONEY STOCK MEASURES AND COMPONENTS BILLIONS OF DOLLARS NEEKLY -SEASONALLY ADJUSTED- M2 1985 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 SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 7 14 21 28 4 11 18 25 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 2388.9 2393.7 2399.4 2409.9 2415.3 2419.6 2423.2 2430.5 2434.6 2432.2 2432.1 2435.3 2437.9 2432.6 2433.9 2440.2 2438.4 2441.5 2445.9 2453.2 2459.9 2465.7 2472.2 2478.5 2484.9 2490.3 2488.5 2494.9 2497.1 2501.7 2506.2 2510.1 2514.5 2517.7 2519.4 2524.7 2526.6 2528.5 2540.0 2537.0 2535.3 2540.3 2542.0 2544.4 2545.3 2549.5 2560.8 2560.7 2564.4 2567.1 2573.4 2574.1 M3 3001.4 3007.1 3013.0 3020.4 3027.1 3029.2 3031.3 3039.8 3046.1 3044 3044 3049 3052 3049 3046.3 3052.0 3061.0 3058.9 3064.0 3070.7 3077.0 3082,9 3087.9 3096.3 3104.5 3105.8 3104.1 3110 3109 3110 3116 3121 3128.7 3135.1 3136.9 3143.4 3146.3 3148.1 3162.1 3160.6 3161.4 3164.2 3166.6 3176.4 3173.3 3179.1 3189.9 3193.5 3194.8 3199.6 3205.9 3211.7 . T M U J U O I CU M2 LESS Ml MS LESS M2 1834. 1840. 1842. 1851. 1855. 1858. 1861.0 1866.0 1868.4 1866.8 1866.7 1868.7 1868.8 1864.0 1863.1 1869.1 1868.3 1869.8 1871.8 1877.2 1882.3 1887.2 1890.8 1895.6 1900 1902 1900 1906 1907 1910 1912.4 1914.6 1917.7 1919.0 1919.1 1922.4 1922.9 1925.1 1929.7 1929.8 1929.4 1930.6 1932.9 1934.6 1934.8 1937.5 1944 1944 1946 1946 1951 1953 612.5 613.4 613.6 610.5 611.9 609.6 608. 609. 611. 612. 612. 614. 614. 616.8 612.4 611.8 622.6 617. 618. 617. 617. 617. 615.8 617.8 619.6 .5 615. .6 615. .3 615. .5 612. .2 609. .1 610. .3 611. .2 614. .5 617. .5 617. .7 618. .7 619. .6 619. .1 622. .6 623. .1 626. .9 623. .6 624. .9 631. .0 628. .6 629. .1 629. 632.8 630.4 632.4 632.6 637.6 M2 2420 2415 2405 2396 2409 2414 2415 2414 2427 2432 2428.9 2424.2 2437.8 2447.4 2453.0 2448.4 2426.0 2435.8 2439.5 2446 2442 2465 2482 2482 2474 2487 2503 2508 2499 2492 2511 2514.4 2514.9 2505 2510 2532 2527 2511 2521.8 2543.4 2539.9 2538.8 2528.1 2545.6 2549.7 2554.8 2552.6 2562.5 2580.2 2576.4 2578.1 2580.1 M3 3028. .1 .5 3028. .1 3019. .6 3006. .4 3019. .1 3025. .2 3023. .1 3022. .4 3040. .7 3044. .5 3041. .2 3039. .2 3053. 3062.8 3061.4 3057. 3045. 3051. 3056. 3063. 3063. 3083.8 3097.2 3099.1 3089.5 3098.6 3112.3 3116.8 3106.8 3098.7 3118.8 3125.3 3127.8 .9 3123. .2 3130. .5 3153. .7 3148. .7 3134. 3147.8 3169.6 .5 3169. .5 3163. .5 3155. .4 3178. .0 3180. .5 3183. .1 3185. .4 3204. 3208.8 3211.2 3213.6 3222.3 M2 LESS Ml M3 LESS M2 1837.4 1846.2 1846.7 1853.2 1856.0 1859.7 1863.0 1867.7 1870.6 1869.9 1870.5 1872.1 1876.6 1867.9 1870.5 1869.7 1864.2 1864.2 1868.2 1875.0 1880.0 1887.7 1890.1 1893.7 1896.2 1901.1 1900.9 1911.3 1910.6 1911.5 1913.2 1915.6 1918.0 1917.7 1916.3 1919.7 1919.1 1918.5 1925.0 1930.1 1931.1 1931.1 1932.8 1934.2 1934.4 1938.0 1942.9 1940.0 1948.9 1945.3 1944.1 1944.2 607.6 613.5 614.0 610.5 609.9 610.5 607.9 607.9 612.5 612.7 612.6 615.0 615.4 615.4 608.3 608.9 619.7 615.2 617.4 617.1 620.7 618.5 615.1 616.4 615.4 611.5 608.5 608.5 607.7 606.7 607.3 610.9 612.9 618.7 620.2 620.9 621.6 623.1 625.9 626.2 629.6 624.7 627.4 632.9 630.2 628.7 632.5 641.9 628.6 634.8 635.5 642.2 TABLE 10 MONEY STOCK MEASURES AND COMPONENTS - HEEKLY BILLIONS OF DOLLARS SEASONALLY ADJUSTED M2 1986 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 2576.6 2571.5 2571.5 2576.7 2576.5 2579.7 2584.0 2589.6 2593.8 2599.0 2605.7 2608.0 2608.4 2615.2 2625.5 2632.3 2638.4 2643.8 2650.4 2655.1 2661.7 2667.1 2668.8 2675.6 2680.3 2686.4 2692.9 2699.9 2707.6 2710.9 2714.5 2722.5 2726.6 2730.0 2735.6 2739.9 2741.4 2749.3 2754.2 2758.3 2763.4 2772.5 2778.4 2779.3 2779.6 2784.2 2788.0 2795.1 2795.3 2801.5 2814.9 2826.8 M3 3226.8 3221.9 3222.2 3230.0 3236.3 3240.7 3244.0 3251.7 3254.4 3260.5 3272.5 3276.7 3279.3 3288.3 3295.7 3301.0 3311.8 3314.5 3317.9 3321.8 3329.0 3329.3 3330.0 3342.3 3350.4 3357.6 3364.9 3369.7 3380.9 3383.9 3387.2 3396.5 3402.8 3405.6 3414.7 3422.6 3426.5 3433.8 3438.8 3437.5 3444.0 3451.4 3457.7 3460.1 3460.0 3466.2 3468.0 3475.3 3476.9 3483.6 3497.3 3512.2 NOT SEASONALLY ADJUSTED M2 LESS Ml M3 LESS M2 1955.6 1950.5 1950.9 1954.6 1956.0 1957.1 1959.9 1962.0 1965.6 1968.0 1971.7 1972.5 1971.8 1976.2 1986.4 1991.3 1994.6 1995.7 1998.6 2001.7 2006.9 2011.3 2009.9 2014.2 2018.5 2022.3 2027.1 2030.2 2035.9 2038.1 2038.8 2044.3 2046.0 2048.4 2051.4 2053.2 2054.9 2060.5 2063.9 2068.5 2071.0 2075.6 2079.0 2079.5 2075.9 2077.3 2080.4 2081.7 2080.3 2082.8 2088.5 2091.5 650.2 650.4 650.7 653.3 659.8 661.0 660.0 662.1 660.6 661.5 666.8 668.8 670.9 673.0 670.1 668.7 673.3 670.8 667.5 666.7 667.4 662.2 661.1 666.7 670.1 671.3 672.0 669.8 673.2 672.9 672.7 674.1 676.2 675.6 679.1 682.8 685.2 684.6 684.7 679.2 680.6 678.9 679.3 680.8 680.4 682.1 680.0 680.2 681.6 682.2 682.4 685.4 M2 2614.4 2595.3 2580.7 2566.5 2567.4 2577.0 2575.0 2573.8 2583.7 2599.8 2602.3 2595.1 2601.8 2641.2 2644.1 2641.7 2624.8 2636.1 2639.9 2644.8 2641.0 2663.0 2678.9 2681.3 2669.6 2676.6 2712.0 2715.3 2711.3 2700.7 2718.3 2728.9 2727.9 2717.3 2726.4 2748.2 2744.5 2734.1 2729.7 2765.8 2767.5 2772.2 2762.7 2777.4 2787.3 2790.6 2781.3 2795.1 2812.0 2813.8 2822.8 2832.4 M3 3259.6 3244.6 3231.6 3219.4 3224.7 3237.9 3235.3 3234.3 3246.0 3262.8 3270.8 3265.9 3277.2 3309.5 3313.0 3306.9 3294.1 3303.9 3306.4 3311.0 3312.2 3328.1 3340.1 3348.3 3336.5 3344.9 3377.5 3378.3 3379.4 3371.1 3387.9 3402.3 3402.9 3393.6 3408.8 3433.7 3432.4 3422.4 3418.8 3446.9 3451.0 3450.7 3443.8 3458.8 3469.9 3472.2 3463.8 3483.2 3493.7 3497.6 3506.0 3522.1 M2 LESS Ml M3 LESS M2 1959.1 1958.5 1955.7 1958.5 1957.2 1958.8 1961.6 1964.6 1968.2 1971.3 1976.3 1975.9 1977.1 1989.4 1992.1 1989.3 1988.3 1987.9 1992.2 1997.5 2003.4 2010.6 2008.3 2012.2 2013.7 2018.9 2026.9 2034.9 2039.0 2039.7 2039.8 2045.6 2046.4 2047.6 2049.4 2051.2 2052.8 2055.1 2058.0 2068.2 2073.1 2075.9 2079.2 2079.8 2076.2 2078.8 2081.3 2075.9 2081.8 2083.2 2082.8 2081.5 645.1 649.3 650.9 652.9 657.3 660.9 660.3 660.5 662.3 663.0 668.6 670.8 675.4 668.3 669.0 665.2 669.3 667.8 666.4 666.2 671.3 665.2 661.3 666.9 666.9 668.2 665.5 663.0 668.1 670.4 669.6 673.4 675.0 676.3 682.4 685.6 687.9 688.2 689.1 681.1 683.5 678.5 681.1 681.3 682.6 681.6 682.5 688.1 681.7 683.8 683.2 689.6 TABLE 10 MONEY STOCK MEASURES AND COMPONENTS BILLIONS OF DOLLARS -SEASONALLY ADJUSTED- M2 1987 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 2840.2 2833.9 2824.1 2826.7 2827.7 2829.9 2830.2 2833.2 2832.2 2835.2 2834.2 2832.1 2836.9 2838.7 2839.9 2853.4 2855.2 2851.3 2847.2 2851.2 2854.2 2859.4 2858.0 2855.7 2852.8 2854.0 2852.9 2858.5 2861.3 2867.9 2870.2 2874.0 2875.5 2876.4 2879.4 2881.3 2888.5 2893.4 2898.5 2900.8 2897.0 2902.6 2920.6 2912.1 2910.2 2906.1 2908.2 2907.1 2906.2 2908.5 2911.6 2914.1 M3 3529.4 3521.6 3511.8 3515.8 3517.7 3522.6 3525.1 3529.1 3529.5 3531.8 3530.4 3529.2 3535.2 3537.8 3538.5 3554.9 3559.3 3562.0 3560.7 3566.3 3571 3578 3583 3583 3581 3583 3583 3586 3588 3596 3607.8 3610.7 3614 .9 3616 .6 3618 .6 3623 .2 3633 .5 3640 .9 3648 .3 3645 .6 3648 .3 3654 .1 3680 .5 3678 .4 3681 .1 3677 .6 3677 .5 3675 .2 3675 .6 3676 .0 3683 .4 3687 .0 WEEKLY -NOT SEASONALLY ADJUSTED . T M U J U O 1 CU M2 LESS Ml MS LESS M2 2100.3 2103.7 2097.7 2098.4 2098.2 2100.2 2099.7 2101.1 2101.0 2103.0 2100.5 2098. 2101. 2103. 2102. 2103. 2104. 2104. 2100. 2103.8 2105.3 2110. .3 .9 2112. .6 2113. .5 2110. .7 2112. .0 2109. .0 2116. .7 2117. .6 2123. .4 2127. .9 2128. .6 2128. .7 2128. .9 2130. .0 2135. .4 2140. .9 2143. .4 2148. .1 2148. 2145.8 2145.8 2154.9 2152.9 2153.6 2152.5 2155.0 2155.8 2156.2 2160.0 2162.4 2162.7 689.3 687.7 687.7 689.2 690.0 692.7 694.9 695.9 697.3 696.6 696.3 697. 698. 699. 698. 701. 704. 710.8 713.5 715. 717. 719. 725. 727. 729. 729. 730. 727.8 726.8 .0 729. .7 737. .7 736. .5 739. .2 740. .2 739. .0 742. .0 745. .6 747. 749.8 744.8 .2 751. .4 751. .9 759. .2 766. .9 770. .5 771. .4 769. .2 768. .4 769. .5 767. 771.8 773.0 M2 2883. 2863. 2836. 2816. 2815. 2826. 2819.6 2816.7 2818. 2836. 2832. 2820. 2824. 2861. 2866. 2866. 2846.8 2842.3 2835. 2839. 2830. 2848. 2865. 2862. 2844. 2837. 2872. 2872. 2866. 2857. 2871. 2883.9 2879.3 2867.0 2866.8 2888.4 2896. 2882. 2871. 2905. 2900. 2903. 2904. 2904.8 2918.3 2913.8 2905.8 2901.9 2924.1 2923.5 2921.9 2917.6 M3 3567 3548 3523 3504 3503 3518 3515 3511 3517 3534.9 3530.3 3519.0 3525.2 3558.5 3562.8 3564.4 3546.1 3548.8 3547.0 3553 3552 3571 3591 3591 3570 3565 3597.2 3594.1 3588 3585 3607 3620 3618 3608 3610 3634 3645 3633.8 3626.9 3652 3654 3653 3664 3671 3690 3684 3676 3679 3692 3692 3693 3695 M2 LESS Ml M3 LESS M2 2102.1 2112.7 2102.7 2102.4 2099.7 2101.7 2101.4 2104.2 2102.9 2106.1 2105.8 2102.2 2106.8 2112.8 2113.1 2098.9 2101.8 2097.8 2092.7 2098.1 2100.0 2106.8 2110.9 2111.8 2104.7 2107.8 2107.5 2119.8 2120.8 2125.1 2129.1 2130.9 2130.0 2129.2 2129.8 2133.9 2140.5 2139.3 2142.7 2147.2 2147.7 2146.8 2155.0 2153.1 2154.9 2154.3 2156.9 2150.1 2157.3 2160.9 2157.0 2151.8 683.6 684.6 687.7 688.4 687.8 692.2 696.3 694.4 699.3 698.6 698.3 698.9 700.4 697.0 696.1 697.8 699.2 706.6 711.8 714.3 721.2 723.9 725.9 729.3 726.8 727.7 725.2 721.4 722.1 727.3 735.6 736.8 739.6 741.3 743.8 745.8 748.7 751.4 755.0 746.4 753.8 750.2 760.5 766.3 772.4 771.1 770.4 777.7 768.1 769.2 771.3 777.5 TABLE 10 MONEY STOCK MEASURES AND COMPONENTS BILLIONS OF DOLLARS MEEKLY -SEASONALLY ADJUSTED- M2 1988 JAN JAN JAN JAN FEB FEB FEB FEB FEB MAR 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 OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 29 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2917.6 2924.5 2935.7 2942.2 2950.3 2949.6 2952.9 2959.7 2958.0 2961.5 2968.8 2976.2 2979.6 2980.1 2988.4 2995.7 3001.7 3001.8 3006.8 3012.5 3016.5 3016.1 3022.1 3022.6 3025.4 3025.0 3030.2 3031.6 3031.5 3033.4 3035.0 3034.3 3035.4 3036.3 3036.8 3037.0 3038.3 3039.6 3040.9 3040.3 3042.5 3050.2 3048.8 3051.8 3056.2 3058.2 3065.8 3069.9 3070.1 3069.1 3069.8 3071.8 M3 3686.5 3694.5 3707.4 3715.8 3726.3 3727.4 3736.2 3739.8 3740.2 3743.9 3754.3 3761.7 3765.5 3771.2 3776.8 3779.6 3788. 3793. 3800. 3802. 3807. 3808. 3815. 3818.8 3825.8 3829.8 3832.7 3839.9 3846.0 3850.8 3853.6 3855. .2 3856. .1 .1 3858. .9 3860. .5 3862. .7 3865. .9 3871. .4 3875. .0 3882. .0 3887. .3 3892. .3 3893. .7 3895. 3901.8 3906.4 3914.8 3917.2 3918.9 3919.0 3923.1 3923.4 _T AUJUO1CU M2 LESS Ml M3 LESS M2 2164 2170 2177 2182 2188 2191 2195 2199 2201 2203.8 2207.9 2211.8 2215 2216 2222 2226 2227 2230 2234.8 2239.0 2242 .3 2243 .1 2246 .5 2245 .4 2244 .7 2245 .0 2250 .1 2248 .4 2247 .6 2249 .4 2250 .2 2250 .2 2251 .1 2251 .9 2253 .1 2253 .4 2254 .9 2254 .7 2254 .7 2256 .7 2258 .3 2263 .5 2263 .4 2265.8 2271.1 2273.4 2280.3 2282.3 2282.9 2281.8 2283.1 2286.1 768.9 770.0 771.7 773.6 776.0 777 783 780 782 782 785 785 785 791 788 783 786 791 793 789 791 792 793 796 800 804.8 802. 808. 814. 817. 818. 820.8 820.8 821.8 824. 825. 827. 832. 834. 841. 844. 842. 844. 843. 845.6 848.3 849.0 847.4 848.8 849.9 853.3 851.6 M2 2951. 2960. 2951. 2934. 2934. 2945.6 2943.2 2945.1 2939.8 2964.4 2969.1 2968.8 2965.5 3000. .0 .9 3019. .0 3015. .1 2995. .4 2986. .2 2995. .2 2999. .2 2994. .6 2994. .3 3032. .0 3028. .4 3021. .9 3003. 3037.8 3051.0 3037. 3023. 3030. 3045. 3041. 3033. 3021. 3041.8 3047.9 3034. .1 .7 3011. .4 3032. 3048.8 3054.6 .4 3035. .5 3038. .3 3065. .3 3066. .9 3069. .7 3059. .2 3086. .3 3084. .0 3081. 3072.5 M3 3715. 3724. 3722. 3706. 3708. 3722. 3729. 3724. 3724. 3749. 3757. 3756. 3755. 3792.8 3802.1 3796. 3777. 3774. 3787. 3789. 3789. 3793. 3828. 3827.8 3821.6 3808. .2 3837. .2 3853. .6 3848. .0 3840. .1 .3 3849. .1 3868. .5 3865. .4 3857. .0 3852. .4 3872. .6 3879. .5 3869. .4 3851. .2 3875. .6 3894. .1 3895. .5 3878. .6 3882. .4 3911. 3915.8 3917.8 3917. 3933. 3934. 3931. 3926. M2 LESS Ml M3 LESS M2 2163.7 2179.1 2183.4 2185.7 2189.6 2192.5 2196.5 2202.3 2203.1 2207.5 2214.5 2216.8 2221.1 2226.3 2236.5 2228.3 2220.6 2220.9 2224.8 2231.6 2236.6 2237.9 2244.4 2243.9 2239.6 2238.7 2246.9 2250.6 2250.4 2249.6 2251.6 2252.9 2253.9 2254.8 2252.8 2252.8 2255.2 2250.9 2248.0 2254.0 2259.6 2265.9 2263.3 2265.7 2273.3 2275.7 2284.1 2276.0 2284.8 2282.3 2279.0 2273.8 763.3 764.7 771.5 772.6 774.1 776.8 785.9 779.0 784.4 785.0 788.2 787.9 789.5 792.8 782.2 781.5 782.1 788.4 792.5 789.8 794.8 799.1 795.7 799.8 800.2 804.3 799.4 802.6 810.4 816.8 818.8 822.4 823.9 824.1 830.6 830.6 831.7 835.4 839.7 842.8 845.9 840.5 843.1 844.1 846.1 849.6 847.9 858.0 846.7 850.3 850.0 853.5 TABLE 10 MONEY STOCK MEASURES AND COMPONENTS BILLIONS OF DOLLARS NEEKLY -SEASONALLY ADJUSTED- M2 1989 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY 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 2 9 16 23 30 6 13 20 27 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 3075.5 3075.2 3075.4 3076.0 3074.0 3073.3 3077.5 3077.0 3077.8 3082.8 3082.7 3085.5 3083.0 3083.2 3085.0 3086.6 3087.4 3089.4 3087.5 3087.9 3088.3 3091.6 3094.0 3102.3 3105.3 3109.1 3115.5 3129.9 3131.2 3133.3 3140.0 3145.0 3149.2 3151.5 3152.6 3156.4 3163.5 3168.2 3170.9 3174.3 3180.0 3187.6 3189.7 3192.4 3199.4 3201.0 3206.6 3212.6 3219.3 3221.9 3224.7 3232.8 M3 3932 3931 3930 3931 3929 3931 3934 3942 3939.8 3943.9 3952 3960 3959 3961 3960 3960 3962 3967 3966.8 3967.6 3966.4 3967.8 3971.8 3980 3985 3988 3997 4009 4012 4007 4010 4015.8 4017.7 4015.3 4014.8 4018.5 4025 4031 4021 4022 4027 4034 4040 4036 4040 4046 4049 4050 4055 4056 4057 4062 . T MUJUO1 CU M2 LESS Ml M3 LESS M2 2287, 2287. 2289. 2290 2289.8 2288 2291.3 2291.3 2292.8 2296.9 2298 2301 2299 2302 2307 2307 2305 2304 2308.8 2311.2 2314.9 2316.5 2319.4 2329.8 2333.5 2336.4 2339.4 2350.0 2351.2 2353.8 2361.0 2365.3 2369.5 2370.4 2372.7 2376.8 2380.9 2385.9 2387.8 2388.5 2392.9 2397.5 2399.8 2404.5 2411 .2 2413 .9 2417 .5 2421 .4 2427 .3 2430 .5 2431 .6 2437 .0 857. 856. 855. 855. 855. 858. 856. 865. 861. 861. 869. 874. 876. 878.0 875.7 873.8 875.5 878.5 879.3 879.7 878.1 876.3 877.8 878.0 880.0 879.1 881.8 879.5 .3 881. .7 873. .4 870. .9 870. .6 868. 863.8 862.1 862.1 861.8 863.1 851. 848. 847. 847. 850. 843. 841. 845. 843. 837. 836. 834. 832. 829. M2 3098. 3112. 3095. 3074. 3054. 3070. 3067. 3065. 3057.8 3085.8 3083.0 .6 3082. .5 3069. .4 3098. .1 3115. .6 3112. .4 3091. .6 3073. .1 3076. .5 3075. .4 3069. .0 3066. .5 3099. .0 3108. .4 3104. 3088.6 3115.3 3149.9 3138. 3124. 3128. 3156. 3156. 3152.8 3137.4 3156. 3174. 3165. 3143. 3160. 3187. 3193. 3178. 3175. 3208. 3208. 3213. 3204. 3230.9 3236.5 3234. 3235. M3 3951 3959 3949 3928 3907 3926 3927 3930.8 3921.3 3950 .6 3955 .4 3959 .9 3952 .0 3973 .3 3988 .3 3983 .4 3961 .0 3947 .6 3953 .3 3955 .5 3950 .4 3950 .6 3980 .5 3989 .2 3984.8 3966.3 3994 4023 4015 3997 4000 4028 4028 4018.8 4005.6 4023 4039 4029 3996 4007 4032 4037 4024.8 4017.7 4047.7 4055.1 4053.9 4048.5 4065.8 4070.1 4062.8 4064.0 M2 LESS Ml M3 LESS M2 2281.2 2292.4 2295.4 2292.8 2289.9 2288.6 2293.0 2294.3 2295.3 2300.5 2304.9 2307.9 2303.1 2317.6 2319.2 2313.4 2300.7 2295.8 2299.4 2303.6 2309.2 2310.3 2316.3 2328.0 2329.3 2329.5 2334.4 2351.8 2354.1 2353.6 2361.3 2367.8 2372.9 2374.0 2372.9 2376.8 2381.3 2383.4 2381.2 2384.1 2394.6 2400.3 2399.6 2403.8 2413.0 2416.5 2421.1 2417.0 2430.0 2430.1 2427.6 2424.3 853.0 846.5 853.9 853.2 853.5 855.6 859.5 865.5 863.5 864.8 872.5 877.3 882.5 875.0 873.2 870.8 869.5 874.0 877.2 880.0 880.9 884.7 881.0 881.2 880.4 877.7 879.3 873.4 876.8 872.8 871.6 872.6 872.9 866.0 868.2 866.8 864.8 864.1 853.6 847.7 845.7 844.1 846.2 842.3 839.7 846.4 840.7 843.6 835.0 833.6 828.2 828.9 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS —_ M2 1990 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 1 8 15 22 29 5 12 19 26 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 3234.9 3234.4 3234.7 3239.3 3243.3 3252.0 3255.8 3259.6 3264.7 3267.9 3269.5 3270.5 3272.4 3274.9 3278.7 3279.5 3282.5 3283.3 3282.7 3283.5 3284.3 3282.1 3287.3 3289.1 3291.1 3294.7 3299.0 3300.4 3301.1 3299.1 3299.8 3306.0 3313.4 3317.2 3318.3 3328.2 3331.3 3329.4 3330.6 3334.3 3339.6 3336.3 3331.0 3331.4 3332.7 3333.3 3332.6 3335.5 3334.8 3336.5 3339.0 3340.7 3341.6 iinr ccAcnK cc Acni M3 4065.7 4068.4 4065.1 4064.7 4063.2 4071.1 4071.6 4073.6 4076.3 4075.7 4074.0 4072.9 4075.3 4073.7 4079.9 4081.8 4082.6 4075.1 4079.7 4081.0 4081.5 4075.2 4080.7 4083.7 4081.2 4084.7 4085.6 4090.9 4087.6 4092.4 4092.8 4099.0 4102.7 4103.8 4110.1 4118.8 4118.0 4117.8 4111.1 4113.1 4121.1 4116.4 4117.4 4114.5 4114.6 4118.2 4114.8 4116.3 4112.7 4114.2 4117.6 4115.1 4112.5 M2 LESS Ml M3 LESS M2 2437.7 2438.6 2440.9 2444.5 2447.6 2453.6 2456.2 2459.5 2461.7 2463.8 2466.4 2467.2 2468.4 2470.4 2472.5 2471.4 2474.0 2476.0 2476.6 2478.8 2477.9 2475.8 2478.4 2480.0 2482.8 2484.4 2486.9 2490.2 2491.4 2490.1 2489.2 2493.8 2497.8 2500.0 2501.5 2507.9 2509.3 2507.2 2507.6 2508.5 2515.8 2514.1 2511.1 2509.1 2509.0 2510.0 2508.6 2510.5 2512.3 2514.0 2512.7 2512.1 2513.2 830.8 833.9 830.4 825.5 819.9 819.1 815.7 814.0 811.6 807.8 804.5 802.4 802.9 798.8 801.2 802.3 800.1 791.8 797.0 797.5 797.2 793.1 793.4 794.6 790.2 790.0 786.6 790.6 786.5 793.3 793.0 793.0 789.3 786.6 791.8 790.6 786.7 788.4 780.5 778.9 781.4 780.1 786.3 783.1 781.9 784.9 782.1 780.8 777.9 777.6 778.6 774.4 770.9 M2 LESS M2 3254.4 3271.2 3258.9 3241.4 3221.2 3247.6 3248.0 3248.0 3244.7 3268.0 3272.0 3270.0 3263.0 3284.6 3312.2 3307.6 3290.8 3269.0 3273.1 3270.5 3267.5 3253.7 3287.0 3294.9 3290.6 3274.0 3295.9 3318.7 3313.1 3293.2 3285.9 3316.4 3322.0 3320.2 3303.0 3324.1 3341.9 3328.9 3304.8 3316.0 3346.0 3343.1 3323.2 3312.0 3338.1 3341.3 3340.7 3328.6 3334.0 3354.3 3353.3 3346.4 3355.7 M3 4082.2 4094.3 4087.2 4065.2 4039.9 4064.0 4066.4 4062.4 4057.2 4079.8 4079.9 4075.9 4070.3 4086.3 4113.1 4111.0 4080.9 4058.2 4069.0 4069.1 4067.2 4054.8 4084.6 4092.7 4082.4 4063.1 4081.3 4104.4 4095.8 4085.7 4080.8 4111.4 4116.3 4109.6 4100.4 4119.3 4130.7 4117.1 4086.1 4093.5 4124.2 4119.6 4103.7 4092.7 4117.2 4126.5 4119.6 4115.4 4109.0 4130.0 4127.2 4118.6 4125.0 Ml 2428.0 2441.6 2446.7 2447.2 2446.5 2453.6 2458.0 2461.9 2464.3 2467.6 2473.5 2475.5 2476.8 2482.0 2488.7 2476.9 2473.3 2469.9 2467.8 2471.3 2471.2 2468.4 2474.2 2477.6 2478.8 2477.4 2481.0 2490.8 2495.2 2490.7 2488.5 2495.7 2501.5 2503.2 2502.1 2507.8 2509.6 2505.5 2501.1 2502.5 2517.0 2517.1 2511.6 2507.9 2509.9 2513.0 2511.9 2507.6 2510.8 2514.3 2511.6 2500.8 2502.0 M3 LESS M2 827.8 823.1 828.3 823.8 818.7 816.4 818.3 814.4 812.5 811.8 807.9 805.9 807.2 801.7 800.9 803.4 790.1 789.2 795.9 798.6 799.7 801.0 797.6 797.8 791.8 789.1 785.4 785.7 782.7 792.5 794.9 795.0 794.3 789.4 797.4 795.2 788.9 788.2 781.2 777.4 778.2 776.5 780.5 780.7 779.1 785.2 778.9 786.8 775.0 775.6 774.0 772.2 769.3 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS _ _CC ACOI M2 LESS M2 1991 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 SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC JAN 7 14 21 28 4 11 18 25 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 3336.0 3339.6 3344.7 3350.2 3357.1 3366.3 3369.7 3374.2 3381.2 3383.7 3387.6 3390.7 3389.1 3392.9 3398.2 3394.7 3391.5 3400.4 3406.8 3408.7 3406.4 3403.8 3411.7 3414.5 3410.5 3413.8 3411.7 3409.3 3404.1 3404.0 3405.3 3409.0 3410.6 3414.8 3411.8 3416.0 3415.6 3413.3 3409.5 3414.4 3420.3 3423.0 3421.4 3424.9 3430.4 3435.6 3438.4 3440.2 3442.2 3447.5 3444.2 3439.9 3442.4 M3 4108.7 4118.3 4129.4 4138.9 4144.5 4161.5 4162.4 4163.5 4165.7 4167.3 4169.0 4165.4 4161.5 4165.3 4178.0 4168.4 4162.9 4167.7 4174.4 4173.4 4169.7 4163.2 4172.6 4174.7 4167.8 4155.5 4161.8 4161.1 4154.8 4153.7 4149.9 4158.0 4158.4 4162.4 4157.2 4157.3 4160.7 4150.7 4149.2 4156.4 4164.4 4162.8 4163.1 4162.9 4167.8 4171.5 4174.9 4174.3 4175.1 4184.5 4177.0 4166.1 4158.2 Ml 2510.5 2515.7 2519.9 2521.9 2525.8 2531.4 2533.5 2536.0 2540.4 2542.4 2546.9 2547.9 2543.7 2548.5 2554.4 2553.5 2550.8 2554.6 2556.0 2556.8 2554.2 2550.1 2555.2 2557.5 2553.7 2553.5 2551.4 2551.3 2545.4 2542.4 2540.4 2544.4 2545.5 2546.4 2541.9 2544.5 2544.6 2541.3 2535.7 2536.9 2542.2 2541.3 2537.4 2538.8 2541.5 2544.0 2544.6 2545.1 2545.7 2549.9 2545.3 2540.4 2539.5 M3 LESS M2 772.6 778.7 784. 7 788.7 787.4 795.2 792.6 789.2 784.5 783.5 781.4 774.7 772.4 772.4 779.8 773.8 771.3 767.3 767.6 764.8 763.4 759.4 760.9 760.2 757.3 741.7 750.1 751.8 750.7 749.7 744.7 749.0 747.7 747.6 745.4 741.3 745.1 737.4 739.7 742.0 744.1 739.7 741.7 738.0 737.4 735.9 736.5 734.2 732.8 737.0 732.8 726.2 715.8 M2 LESS M2 3375.3 3363.1 3348.8 3327.5 3348.5 3361.3 3359.0 3353.4 3376.6 3388.4 3390.0 3382.5 3396.1 3432.2 3431.3 3407.8 3373.4 3393.3 3392.8 3392.5 3377.0 3395.4 3420.4 3417.9 3390.3 3407.2 3430.7 3423.9 3401.9 3387.9 3414.5 3416.5 3412.9 3400.3 3401.3 3428.1 3419.5 3390.1 3384.2 3423.4 3425.4 3418.5 3398.7 3426.2 3439.4 3444.5 3428.9 3442.4 3463.2 3464.5 3451.0 3447.9 3476.1 M3 4137.9 4139.6 4132.9 4116.0 4133.8 4158.9 4153.2 4143.7 4166.0 4176.7 4176.4 4162.6 4168.8 4203.5 4210.8 4178.2 4141.8 4159.5 4161.9 4159.9 4148.4 4160.1 4184.4 4180.4 4146.6 4148.2 4176.3 4171.8 4151.4 4139.6 4161.1 4170.5 4163.7 4152.7 4151.2 4170.8 4163.8 4127.0 4122.7 4159.1 4165.2 4152.0 4138.0 4161.0 4176.5 4177.0 4166.7 4178.5 4193.9 4198.0 4179.7 4170.6 4179.3 Ml 2511.6 2521.5 2522.0 2519.6 2524.2 2532.7 2534.9 2539.4 2544.8 2550.5 2557.3 2557.4 2552.5 2570.4 2565.8 2552.9 2542.7 2544.9 2547.7 2549.9 2547.8 2545.2 2552.8 2554.4 2546.4 2547.9 2550.1 2556.1 2546.9 2541.6 2541.7 2547.4 2547.9 2547.7 2540.2 2544.1 2543.8 2534.7 2529.8 2539.8 2546.1 2541.5 2535.3 2539.0 2544.5 2548.3 2546.2 2538.1 2547.8 2549.5 2533.8 2527.3 2532.9 M3 LESS M2 762.6 776.5 784.1 788.5 785.4 797.6 794.3 790.2 789.4 788.3 786.4 780.0 772.7 771.4 779.5 770.4 768.3 766.1 769.1 767.4 771.4 764.7 763.9 762.6 756.3 741.0 745.7 748.0 749.5 751.7 746.6 753.9 750.8 752.4 749.9 742.7 744.3 736.9 738.5 735.6 739.8 733.5 739.3 734.8 737.0 732.4 737.8 736.0 730.6 733.5 728.7 722.7 703.2 TABLE 11 MONEY STOCK MEASURES AND COMPONENTS - MEEKLY BILLIONS OF DOLLARS, SEASONALLY ADJUSTED --MMDAS AT CB'S 1975 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 AT THRIFTS 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 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 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 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 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 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 137.0 137.4 137.8 138.4 138.3 138.3 138.6 139.1 139.5 140.0 140.8 141.5 142.1 142.2 143.2 144.3 144.8 145.0 145.5 146.1 147.0 147.7 148.4 149.4 150.6 150.9 151.0 151.7 152.3 152.7 152.9 153.0 153.5 153.8 154.3 154.3 154.7 155.3 156.0 155.6 155.8 156.6 157.1 157.2 157.4 158.3 159.3 159.9 160.3 160.7 161.3 162.0 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA -—SMALL TIME DEPOSITS-AT AT THRIFTS CB'S 123.1 123.6 123.7 124.0 123.8 124.6 125.4 126.4 126.6 127.1 127.5 127.7 128.7 129.1 129.8 130.1 130.7 131.1 131.5 131.5 131.9 132.2 132.6 133.1 133.8 134.9 135.4 135.8 136.2 136.6 136.9 137.3 137.1 137.5 138.2 138.3 138.1 137.9 138.3 138.3 139.0 139.2 139.4 139.5 140.2 140.4 140.8 140.9 141.8 142.4 142.8 142.9 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA — LARGE TilME DEPOSITS-AT AT THRIFTS CB'S 140.0 141.2 141.2 140.3 140.9 140.6 140.1 139.1 138.3 137.4 136.9 135.8 134.3 133.1 132.0 131.5 130.5 129.5 129.2 129.6 128.7 128.3 128.2 127.2 126.5 125.1 125.0 124.7 124.7 124.1 123.6 122.9 122.4 121.9 121.7 122.4 122.6 123.3 123.3 123.7 123.6 124.2 124.6 124.8 124.9 125.1 125.1 124.8 124.3 123.6 123.4 122.5 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA TABLE 11 MONEY STOCK MEASURES AND COMPONENTS - HEEKLY BILLIONS OF DOLLARS, SEASONALLY ADJUSTED -MMDAS AT CB'S 1976 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR 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 OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 AT THRIFTS 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 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 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 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 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 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 161.5 163.0 164.8 166.5 168.0 169.5 170.7 171.4 172.2 172.9 174.1 174.9 175.9 176.1 177.1 178.4 179.5 180.0 180.7 181.2 181.6 181.5 180.9 180.9 181.3 181.6 181.3 182.1 182.9 183.6 184.3 184.5 185.2 185.7 186.8 187.1 187.8 188.5 189.8 190.2 191.0 192.1 193.5 194.5 195.4 196.6 197.7 198.7 199.5 200.6 201.8 202.7 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA -—SMALL TIME DEPOSITS— AT AT THRIFTS CB'S 142.6 143.1 142.8 143.1 143.1 143.0 143.1 143.0 142.5 141.9 141.5 141.0 140.7 140.4 140.8 140.7 141.6 142.4 142.9 143.4 143.6 143.9 143.9 143.9 143.8 144.1 144.3 145.0 145.5 146.2 146.5 147.1 147.7 148.4 149.3 150.2 150.9 151.3 151.7 151.7 152.2 152.9 153.9 154.4 154.6 154.1 154.4 154.6 155.1 155.8 155.9 155.5 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA — -LARGE TIME DEPOSITS— AT AT THRIFTS CB'S 121.5 120.8 120.5 120.0 119.4 118.5 117.7 117.6 117.5 117.8 118.1 118.8 119.3 119.8 119.3 118.7 117.1 116.5 115.4 114.9 114.7 115.4 116.9 117.5 118.5 119.6 120.3 120.1 119.4 118.5 117.6 116.6 115.6 115.1 114.4 114.0 113.5 113.3 113.2 113.1 112.3 111.6 110.6 109.9 109.7 109.9 110.4 110.6 110.4 109.8 110.2 110.5 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA TABLE 11 MONEY STOCK MEASURES AND COMPONENTS - HEEKLY BILLIONS OF DOLLARS, SEASONALLY ADJUSTED ■-MMDAS AT CB'S JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR 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 OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 AT THRIFTS 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 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 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 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 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 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 203.0 204.1 205.2 206.1 206.8 206.9 207.3 207.8 208.4 208.8 209.4 210.1 210.9 211.0 211.2 212.0 212.7 212.7 213.2 213.3 213.6 213.5 213.2 213.2 213.5 213.7 213.5 213.5 214.1 214.6 215.2 215.0 215.2 215.3 215.7 215.7 215.7 215.8 216.3 216.1 216.0 216.3 216.7 216.9 216.9 217.5 217.7 218.1 217.9 217.8 217.9 218.5 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA ---SMALL TIME DEPOSITS— AT AT THRIFTS CB'S 155.9 156.3 156.7 157.5 157.6 157.7 158.0 158.5 158.9 159.2 159.8 160.2 160.4 160.9 161.4 161.6 162.1 162.6 163.2 163.6 163.8 164.4 164.6 164.8 165.2 165.4 165.7 166.2 166.1 166.3 166.2 166.3 166.4 166.4 166.4 166.5 166.6 166.4 166.7 166.9 166.8 166.6 166.7 166.4 166.3 166.4 166.8 166.8 167.1 167.5 167.3 167.8 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA — -LARGE TIME DEPOSITS— AT AT THRIFTS CB'S 110.6 109.9 109.4 109.4 109.5 110.1 110.4 110.3 110.0 110.1 110.0 110.0 110.5 110.8 110.3 110.2 109.7 109.7 110.1 110.8 111.4 112.0 113.3 113.8 114.8 115.4 116.0 116.8 117.6 118.6 119.3 119.7 120.0 120.8 121.4 121.8 122.4 122.9 123.5 124.8 125.5 127.0 128.0 129.0 129.7 130.4 131.6 132.3 132.9 133.5 135.4 135.9 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA TABLE 11 MONEY STOCK MEASURES AND COMPONENTS - HEEKLY BILLIONS OF DOLLARS, SEASONALLY ADJUSTED -MMDAS AT CB'S 1978 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY 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 2 9 16 23 30 6 13 20 27 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 AT THRIFTS 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 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 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 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 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 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 218.8 218.9 219.9 220.1 220.5 220.2 220.4 220.5 220.9 220.9 221.2 221.7 222.0 221.7 221.5 222.0 222.3 222.2 222.3 222.6 223.0 223.6 223.4 222.9 222.9 223.0 222.5 221.5 221.0 220.7 220.6 220.1 220.1 220.2 220.7 220.7 220.4 220.3 220.6 220.5 219.8 219.7 219.9 219.9 218.8 218.5 217.8 217.5 216.7 215.9 215.4 215.4 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA ---SMALL TIME DEPOSITS-AT AT THRIFTS CB'S 168.6 168.4 168.2 168.4 168.6 168.8 169.0 169.7 169.9 169.9 169.8 169.8 169.6 170.2 170.1 170.5 170.8 170.9 171.0 171.4 171.4 171.7 171.7 172.1 172.3 173.2 174.3 173.8 174.2 174.7 175.5 175.4 176.2 175.9 176.3 177.5 177.7 178.5 179.3 180.5 181.4 180.5 179.9 180.4 181.0 181.9 181.4 183.3 184.3 183.7 184.3 185.8 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA ---LARGE TIME DEPOSITS— AT AT THRIFTS CB'S 136.0 136.7 137.4 138.4 139.4 140.1 140.5 141.0 142.2 143.6 144.8 146.2 147.3 148.4 149.5 150.9 152.1 153.4 154.7 155.3 156.8 157.6 159.4 159.8 159.9 160.3 161.0 163.3 164.4 165.1 165.5 166.7 166.3 167.7 168.0 167.8 169.1 168.9 168.2 167.5 166.9 168.3 171.1 172.9 174.6 175.4 177.0 176.6 177.4 179.0 179.8 178.2 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA TABLE 11 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS, SEASONALLY ADJUSTED -MMDAS AT CB'S 1979 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 1 8 15 22 29 5 12 19 26 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 AT THRIFTS 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 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 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 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 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 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 215.1 214.0 213.4 213.0 212.8 211.7 211.5 211.3 211.4 210.9 210.8 210.6 210.7 210.1 209.7 209.0 209.1 208.3 208.1 207.7 207.8 208.1 208.1 208.3 208.3 208.5 207.8 207.4 207.3 206.9 206.7 206.2 206.1 205.9 205.9 205.3 205.0 204.0 203.3 202.0 201.6 200.7 199.7 198.3 195.8 195.4 195.1 195.0 194.0 194.0 193.9 193.9 193.5 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA — -SMALL TIME DEPOSITS— AT AT THRIFTS CB'S 188.3 188.2 188.5 189.0 189.7 190.5 191.1 191.6 191.7 192.1 192.6 193.3 194.0 195.4 196.7 197.9 199.0 200.0 200.9 201.6 202.4 203.1 204.3 204.9 206.0 206.4 206.8 207.9 209.1 210.4 211.5 212.6 213.0 214.5 215.3 215.8 216.8 217.8 218.9 220.6 221.2 221.8 223.7 225.5 228.5 229.6 230.9 231.5 233.4 234.5 235.6 236.4 236.2 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA — -LARGE TIME DEPOSITS— AT AT THRIFTS CB'S 176.9 177.8 180.0 181.4 182.2 180.6 181.2 181.9 182.6 182.8 182.5 181.8 181.0 180.9 180.9 180.4 179.9 180.3 179.7 179.8 179.4 179.2 177.3 176.5 177.1 178.3 180.1 179.6 178.6 178.3 179.4 180.3 180.2 180.2 181.3 182.9 183.5 185.9 187.3 188.8 189.8 190.6 191.0 191.1 190.3 190.1 190.0 189.9 189.9 189.9 189.4 189.4 188.3 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA . NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA TABLE 11 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS, SEASONALLY ADJUSTED -MMDAS AT CB'S 1980 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 7 14 21 28 4 11 18 25 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 AT THRIFTS 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 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 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 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 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 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 193.2 193.1 192.6 194.8 191.8 191.2 190.9 190.6 189.7 188.4 187.1 185.5 184.0 181.5 180.3 178.6 177.7 177.2 177.4 178.3 178.9 179.9 181.3 182.4 183.5 184.1 184.9 186.2 187.0 187.7 188.5 189.1 189.3 190.1 190.2 190.3 190.2 190.3 190.4 190.7 189.9 190.0 190.5 191.7 191.5 190.2 189.4 188.5 187.3 185.9 184.0 181.7 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 225.6 223.9 221.8 220.4 218.8 216.9 215.3 213.7 210.1 — -SMALL TIME DEPOSITS— AT AT THRIFTS CB'S 236.7 238.5 240.1 241.2 242.9 243.9 245.2 246.8 248.4 251.2 253.2 256.1 258.1 262.6 265.7 267.8 269.2 269.9 270.4 270.6 270.3 269.6 269.0 268.4 268.6 268.3 268.4 268.3 268.4 268.2 267.8 267.6 267.4 267.7 267.5 267.7 268.3 270.3 268.9 268.4 270.5 271.0 271.4 272.8 273.1 275.9 277.8 279.3 281.5 283.8 286.3 290.1 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 427.7 429.5 432.8 434.9 435.6 437.1 439.0 441.0 446.7 ---LARGE TIME DEPOSITS— AT AT THRIFTS CB'S 188.0 190.7 191.3 191.8 192.6 192.3 192.9 192.7 194.7 195.3 196.1 197.1 197.5 198.1 199.9 200.1 201.3 201.8 201.7 201.2 199.9 197.4 196.7 196.8 195.0 193.7 192.6 191.3 191.5 191.1 189.4 190.6 191.5 191.6 191.5 192.8 192.8 192.8 194.2 194.7 196.0 195.7 196.8 198.7 200.2 202.6 204.7 206.6 207.7 210.1 214.0 218.0 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 42.8 43.2 43.5 43.7 43.8 44.2 44.6 45.0 45.7 TABLE 11 MONEY STOCK MEASURES AND COMPONENTS - MEEKLY BILLIONS OF DOLLARS, SEASONALLY ADJUSTED AT CB'S 1981 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 AT THRIFTS 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 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 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 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 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 SAVINGS DEPOSITS + MMDAS OMY1IWO AT AT THRIFTS CB'S 179.9 179.0 178.8 177.5 176.3 175.7 175.5 175.2 174.3 174.7 174.5 174.4 174.7 174.6 174.5 173.1 172.9 172.6 172.0 170.9 169.9 169.3 168.7 168.3 167.8 167.6 167.4 166.6 165.9 165.0 164.0 163.0 162.3 161.4 160.6 159.8 159.3 158.4 158.0 157.1 156.0 155.8 155.8 155.8 156.1 156.8 156.7 156.7 157.2 157.5 157.9 158.7 207 207 206 206 205 204 204 203.8 202.8 202.8 202.5 202.8 203.9 203 203 202 202 201 200.8 199.3 198 197 196 195 195 195.8 195.7 194.8 193.8 192 .4 191 .2 189 .7 188 .4 187 .4 186 .7 185 .9 185 .1 184 .1 183 .9 182 .9 181 .1 180.8 180.8 181.2 181.8 182.4 182.5 182.8 183.1 183.4 183.9 185.3 — S M A L L TIME DEPOSITSAT AT CB'S THRIFTS 292 294 296 297 299 300 301 302 304 304 305 306 306 307.8 308.7 310.0 310.3 310.8 312.1 313 315 316 318 318 318 318 318 319 321.8 323.6 325.0 326.4 328.5 329.8 331 .1 332 .6 333 .6 334 .2 334 .5 336 .6 339 .5 340 .5 341 .4 341 .9 342 .4 343 .3 343 .3 344 .2 345.4 346.5 347.2 346.7 449.0 450.6 451.1 452.2 453.8 454.5 455 456 458 458 459 460 459 458 458 459 459.8 460.6 462 .2 463 .7 465 .2 466 .2 467 .2 467 .1 467 .2 465 .3 465 .4 465 .4 466 .0 467 .0 467 .5 468 .5 469 .6 470 .2 470 .5 470.8 470.9 471.0 470.8 472.3 474 .6 474 .1 473 .6 474 .0 474 .6 474 .1 473 .6 474 .3 473 .7 474 .0 474 .1 473 .4 —LARGE TIME DEPOSITSAT AT CB'S THRIFTS 219.7 222.2 223.4 225.6 228.6 227.8 227.3 228. 228. 226. 228. 228. 226.8 224.9 224.7 225.6 227.7 226.9 229.8 231. .9 .6 233. .7 235. .5 236. .5 236. .6 236. .4 241. .3 242. .0 242. .4 243. .5 243. .9 245. .4 246. 247.0. 246.3 .0 248. .9 248. .5 246. .9 246. .9 248. .9 248. .2 247. .4 246. .5 245. .2 245. .0 245. .0 245. 245.8 245.5 245.4 245.3 246.2 243.1 46. .1 46. .1 46. .1 46. .2 46. .3 .4 46. .6 46. 46.8 47.0 47. .1 47. .2 47. .3 47. .5 47. .4 47.6 47.9 48.1 48.2 48.8 49.3 49. 49. 49. 49. 49. 49. 49.8 50.0 .2 50. .5 50. .1 51. .3 51. .3 51. .4 51. 51.4 51.8 52.0 52 52 52 52, 52 52, 52, 52, 52, 53, 53, 53, 53, 53, 53, TABLE 11 MONEY STOCK MEASURES AND COMPONENTS - MEEKLY BILLIONS OF DOLLARS, SEASONALLY ADJUSTED -MMDAS AT CB'S 1982 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR 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 OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 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 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 0.0 0.0 0.0 0.0 0.0 0.0 28.1 50.8 AT THRIFTS 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 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 0.0 0.0 0.0 0.0 0.0 0.0 19.9 31.8 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 159.2 160.5 161.1 161.0 161.2 161.0 160.9 160.9 161.2 161.7 161.9 162.1 162.1 161.9 161.8 161.0 160.8 160.5 160.5 160.5 160.4 160.2 160.4 160.0 159.4 158.9 158.6 158.1 157.8 157.4 157.3 157.6 157.9 157.9 158.0 158.3 158.7 158.5 158.5 158.8 159.9 160.5 161.2 162.0 163.4 164.2 164.8 165.2 166.1 167.0 190.6 210.0 187.1 188.2 188.7 189.1 189.3 189.0 188.5 188.2 188.0 187.8 187.6 187.5 187.5 187.7 187.2 186.3 186.2 186.2 186.1 186.1 186.3 186.6 186.5 186.1 185.9 185.3 184.6 184.0 183.3 183.0 182.9 183.2 183.2 183.2 183.3 183.5 183.8 183.8 183.8 186.0 188.2 188.6 189.4 191.1 193.1 194.1 194.8 195.5 196.6 197.8 211.2 220.1 — -SMALL TIME DEPOSITS— AT AT THRIFTS CB'S 346.8 347.9 349.4 350.9 352.6 354.0 355.6 357.2 359.3 360.8 362.3 364.2 366.0 368.0 370.0 372.0 372.9 374.3 375.6 376.8 377.7 378.3 378.4 379.0 380.0 380.9 382.7 384.4 386.1 387.1 387.5 387.5 387.7 388.2 388.2 388.5 388.7 389.0 389.1 388.1 384.9 385.1 385.2 384.1 382.9 382.6 383.4 383.5 383.4 384.0 378.1 373.2 472.5 472.4 472.9 473.7 473.9 474.7 476.1 477.4 478.5 479.7 480.3 481.3 482.6 483.7 484.3 484.8 485.8 486.6 487.2 487.8 488.1 488.3 487.6 487.5 487.8 488.4 489.3 490.0 490.5 491.0 490.8 489.9 489.3 489.3 489.1 488.9 488.5 487.9 487.3 485.4 481.1 480.7 480.7 479.7 478.2 478.5 478.9 479.5 478.6 475.6 468.6 462.5 — L A R G E TIME DEPOSITS— AT AT THRIFTS CB'S 249.6 248.3 249.5 251.3 252.9 252.6 253.7 254.5 257.7 257.4 257.8 258.4 261.7 261.1 263.1 262.1 264.3 264.5 262.8 261.6 262.9 266.0 264.8 265.6 264.6 266.9 267.9 269.0 268.4 270.8 271.8 269.8 269.7 269.3 268.5 269.4 266.6 267.5 266.7 266.6 269.3 269.5 268.5 266.7 267.6 265.1 265.9 266.8 265.2 263.7 258.4 255.9 54.0 54.4 54.8 55.2 55.6 55.6 55.8 56.2 56.7 57.1 57.3 57.3 57.6 57.7 57.7 57.6 57.6 57.6 57.4 57.5 57.7 58.1 58.1 58.2 58.5 58.7 58.3 58.3 58.3 58.4 58.3 58.2 58.6 58.9 59.1 59.3 59.4 59.6 59.6 60.0 60.4 60.7 61.1 61.6 62.3 63.1 63.7 64.2 64.6 64.6 63.4 62.3 TABLE 11 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS, SEASONALLY ADJUSTED -MMDAS AT CB'S 983 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR 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 OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 68.2 91.2 112.1 127.7 140.4 152.3 160.9 167.6 173.2 178.3 182.7 186.3 189.5 192.0 195.4 197.8 200.8 203.9 206.9 209.2 211.2 213.2 214.5 215.4 216.8 218.1 218.4 218.7 219.3 220.1 220.7 220.7 220.7 220.6 221.0 221.7 222.1 222.1 224.0 225.8 225.2 224.6 225.3 226.2 226.8 227.6 228.1 229.2 229.6 230.0 229.6 229.9 AT THRIFTS 43.3 59.7 74.3 86.5 97.4 107.2 115.0 121.0 126.4 131.2 134.9 137.8 139.5 140.7 142.5 144.0 145.7 148.0 149.4 150.6 152.2 153.3 153.9 153.8 154.2 154.3 154.5 154.1 153.9 153.6 153.3 152.6 152.0 151.4 151.2 151.1 150.7 150.9 151.8 152.6 151.3 149.6 148.8 148.7 146.7 146.7 146.9 147.5 147.8 148.1 148.5 149.0 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 225.4 245.8 264.0 277.4 288.9 299.2 306.9 313.1 318.5 323.5 327.5 330.9 333.6 335.5 338.5 340.7 343.6 346.3 349.0 351.2 352.9 354.5 355.9 356.5 356.8 357.7 357.9 357.8 358.0 358.3 358.6 358.5 358.1 357.6 357.8 358.2 358.3 358.2 359.7 361.0 360.3 359.2 359.3 360.0 360.4 361.1 361.5 362.6 362.9 362.9 362.4 362.7 230.3 244.7 257.0 267.2 277.2 286.6 293.8 299.3 304.7 309.2 312.8 315.9 317.3 318.7 320.2 321.5 323.4 326.8 326.9 327.8 329.4 330.8 331.8 331.3 331.1 330.9 331.3 330.5 330.1 329.8 329.4 328.3 327.5 326.7 326.3 326.0 325.0 325.3 325.9 326.2 324.5 322.2 320.9 320.9 319.0 318.9 319.1 319.5 319.7 319.8 320.1 320.9 — -SMALL TIME DEPOSITS— AT AT THRIFTS CB'S 368.5 361.5 356.2 351.9 347.8 343.9 341.0 338.6 335.6 333.5 331.1 330.2 329.8 329.4 328.4 327.8 327.4 327.2 326.5 325.7 325.2 324.7 324.2 324.3 324.7 325.5 326.7 327.6 328.3 328.7 329.4 330.2 330.9 332.0 332.8 333.3 334.2 335.1 335.5 335.5 337.9 340.1 342.1 342.8 343.5 344.4 345.3 346.2 347.3 348.5 349.7 350.2 456.2 446.3 437.6 432,2 426.1 420.2 416.4 413.8 410.9 408.9 407.1 405.9 406.2 407.2 407.4 407.9 407.9 407.9 406.5 405.5 404.4 403.9 403.8 404.3 403.2 403.9 405.2 406.0 406.9 407.8 408.7 409.3 409.9 411.0 412.1 412.8 413.4 414.2 414.2 414.1 415.6 418.5 420.7 422.5 424.3 425.6 426.7 427.8 428.7 430.2 431.5 432.6 — LARGE TIME DEPOSITS— AT AT THRIFTS CB'S 253.9 249.5 244.1 240.4 239.5 236.2 234.5 232.2 231.0 229.6 228.5 228.4 230.3 228.9 228.1 228.1 228.0 226.1 225.2 224.3 224.2 222.3 225.7 225.8 227.4 227.6 226.5 224.7 224.0 223.5 223.7 225.1 225.1 225.0 226.1 226.8 225.8 224.4 225.2 224.4 223.3 222.0 222.7 223.3 224.4 225.0 226.0 226.6 226.9 226.0 227.2 229.2 62.3 61.0 60.5 60.0 59.8 59.8 59.7 60.1 60.2 60.9 61.5 62.0 62.7 63.5 64.4 65.9 66.8 67.6 68.3 68.7 68.9 69.4 69.8 70.2 71.5 72.4 73.7 74.6 75.4 76.1 76.9 78.1 79.0 80.7 81.9 83.0 84.1 85.0 86.2 87.2 88.0 88.9 90.3 90.8 91.9 92.6 93.2 93.9 94.6 95.8 96.6 97.5 TABLE 11 MONEY STOCK MEASURES AND COMPONENTS - HEEKLY BILLIONS OF DOLLARS, SEASONALLY ADJUSTED -MMDASAT CB'S 1984 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 16 23 30 6 13 20 27 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 230 230 232 233 236 236 242 224 219 227 237.5 244.0 247 248 246 245 245 244 _ 244.8 245.2 245 245 244 244 244 243 243 243 243 244 244 243.8 243.7 243.8 244.4 244 245 246 246 247 247.8 248.7 250 .0 251 .9 253 .9 256 .3 258 .0 260 .0 262 .0 264 .2 266 .0 268 .0 270 .0 AT THRIFTS 149 149 149 150 150 151 154 142.8 139.7 145 151 155 158 157 156 155 155 155 155 155.9 156.0 155 155 154 153 152 152 151 151 150 _ 149.8 148.9 147.7 147.0 146.8 146.6 146 146 146 146 146 146 _ 146.6 147.0 147.5 148.1 148.5 149.3 149.8 150.6 151.4 152.2 152.9 SAVINGS DEPOSITS + MMDAS AT AT CB'S THRIFTS 362 363 365 366 368 369 375 356 351 360 369 376 380 380 378 377 376 375 376 376 376 376 375 375 375 374 374 373.8 373.4 373 372 371 371 370 370 371 371 371.8 371.6 371 371 372 373 374 376.9 379.1 380.8 382.6 384 386 388 390 392 321.8 321.9 322. 322. 321. 323. 326. 314.9 311.8 317.5 324.2 328.7 330.8 329.9 328.1 327.3 326.8 326.5 .7 326. .0 327. .9 326. .1 326. .5 325. .3 324. .2 323. .2 322. .6 321. .7 320. .7 319. .6 318. .3 317. .9 315. .2 314. .2 313. .9 312. .6 312. .6 312. .2 312. .3 312. .0 312. .1 311. .7 310. .3 310. .9 310. .1 311. .7 311. .2 312. .1 313. .2 313. .2 314. .9 314. 315.8 316.5 -SMALL TIME DEPOSITSAT AT CB'S THRIFTS 350 351 352 353 354 355 356 356 356 357 357 358 359 361 361 362 363 364 365 365 366 367 368 369 370 370 371 371 372 373 374 375.8 377.2 378.0 378.6 378.8 379.5 380.4 381.0 381.9 381.8 381.5 381.9 381 382 382 382 383 384 384.8 385.7 386.0 385.7 434.8 436.9 439. 441. 440. 444. 445. 446. 447. 448. 449. 450. 451. 453. 453. 454. 455. 456.9 457.7 458. .5 .7 459. .9 460. .7 461. .4 463. 464.9 466.1 .7 467. .9 468. .4 470. .7 471. .1 473. .7 474. .9 476. .4 479. .7 480. 481.8 483.0 484.5 485.6 487.6 488.8 489.8 491.4 493. 494. 495. 496. 496. 498. 498. 499. 500. 500. -LARGE TIME DEPOSITSAT AT CB'S THRIFTS 232 231 231 232 234 232 232.8 234.4 235 .4 236 .6 237 .4 237.8 239.3 240.0 239.9 240.7 241.1 243.4 245.6 246.9 249.8 252.8 253 253 252 255 257 „ 258.8 259.2 260.6 261.5 261 .0 261 .3 261 .9 261 .3 261 .5 261.8 263.3 265 .7 267 .1 267 .5 268 .2 269 .7 269 .7 268 .5 268 .0 267 .0 266 .9 266 .7 269 .4 267 .4 269 .6 268.8 98.4 99.8 101.2 102.4 103.7 104.8 105.9 107. 108. 109. 110. 111. 111.8 112.9 114. .2 .7 115. .5 116. .4 117. .0 118. .1 119. .1 120. .4 121. .6 122. .7 123. .0 125. .2 126. .6 127. .6 128. 129.8 131.2 132. 133. 134. 134. 134. 133. 133. 133.8 134.8 136.1 136.7 137.5 138.9 140.2 141. 142. 143. 144. 145. 145.8 146.6 147.6 148.8 TABLE 11 MONEY STOCK MEASURES AND COMPONENTS - MEEKLY BILLIONS OF DOLLARS, SEASONALLY ADJUSTED AT CB'S 1 9 8 5 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 SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 7 14 21 28 4 11 18 25 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 271.8 275.3 278.4 281.8 285.2 287.6 289.4 290.3 291.4 291.3 291.6 292.5 293.7 294.7 295.8 296.6 297.6 298.3 299.3 300.3 301.7 303.6 305.6 308.0 310.1 311.4 312.1 313.6 315.0 316.3 317.5 318.4 319.7 320.9 321.7 322.3 323.2 324.1 325.1 325.2 325.5 326.3 327.7 328.7 329.4 330.3 331.0 330.8 331.2 331.5 331.8 331.9 ■-MMDAS AT THRIFTS 154.5 156.0 157.1 158.6 160.0 161.6 162.7 164.1 165.5 166.4 167.0 167.2 167.4 167.4 167.4 167.5 167.9 168.5 168.9 169.2 169.4 169.8 170.5 171.1 171.8 172.8 173.6 174.3 175.1 176.1 177.0 177.9 178.7 179.4 179.9 180.1 180.5 180.9 181.4 181.8 182.0 182.4 182.6 182.9 183.0 183.0 183.2 183.3 183.2 183.0 182.9 182.7 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 394.0 397.5 400.4 403.8 407.5 409.9 411.6 412.6 413.9 413.7 413.9 414.6 415.6 416.4 417.1 418.0 418.9 419.9 420.9 421.9 423.3 425.3 427.7 430.3 432.4 433.8 435.1 436.5 438.2 439.6 441.1 442.1 443.5 444.7 445.6 446.3 447.4 448.3 449.0 449.4 449.7 450.7 452.1 453.4 454.1 455.3 456.0 455.7 456.2 456.4 456.5 456.9 318.3 320.0 321.3 323.3 324.7 326.3 327.6 329.2 331.1 331.8 332.4 332.2 332.5 332.3 332.0 332.4 332.6 333.2 333.5 333.9 334.2 334.7 335.8 336.6 337.7 339.1 340.0 340.9 342.1 343.4 344.8 346.1 347.2 348.2 348.7 349.1 349.8 350.3 350.8 351.9 352.7 353.7 354.3 355.4 355.9 356.6 357.1 357.6 357.8 357.8 358.1 358.1 — -SMALL TIME DEPOSITS— AT AT THRIFTS CB'S 385.8 385.6 385.5 385.3 384.9 384.8 384.9 384.6 384.5 384.4 385.0 386.0 387.2 387.2 387.4 388.8 389.1 389.4 389.2 389.7 390.0 389.6 389.4 389.4 389.3 388.7 388.6 387.7 386.9 386.2 385.7 384.9 384.5 384.0 383.5 383.0 383.3 382.9 383.2 383.2 382.3 382.3 381.9 381.1 381.2 381.5 382.0 382.4 382.9 383.7 384.2 383.9 501.1 501.2 501.3 501.1 500.2 499.7 499.8 499.3 498.5 498.5 498.9 499.6 501.0 500.2 500.1 501.1 502.1 502.4 502.6 503.0 503.2 503.3 503.4 502.9 503.1 503.5 502.0 501.1 500.1 499.4 498.6 497.9 496.9 496.4 495.7 495.3 494.9 494.9 495.5 495.1 494.9 494.2 494.1 494.2 494.7 495.0 495.8 496.4 497.1 497.8 498.5 499.3 — -LARGE TIME DEPOSITS — AT AT THRIFTS CB'S 268.1 269.2 268.0 267.8 267.4 268.7 268.8 270.7 271.9 272.6 273.7 275.1 275.7 275.6 275.8 276.8 277.8 276.7 276.2 275.3 273.7 273.5 272.8 272.5 271.2 270.3 270.4 269.6 270.2 270.0 269.8 271.0 271.6 273.1 273.1 273.8 275.5 276.2 277.7 279.0 279.5 278.9 278.9 280.4 280.6 280.3 282.7 284.0 283.5 284.6 284.7 283.9 149.1 149.7 150.0 150.2 150.8 150.6 150.2 149.3 149.4 149.4 149.5 149.8 150.0 149.8 149.9 150.6 151.3 151.5 151.7 151.6 152.0 151.7 152.1 151.8 151.7 150.8 150.5 149.8 149.1 149.0 149.0 148.5 148.8 149.0 149.6 149.7 150.1 149.5 149.6 149.8 149.6 149.2 149.2 149.7 150.3 150.4 150.9 151.0 151.1 151.6 151.8 152.2 TABLE 11 MONEY STOCK MEASURES AND COMPONENTS - MEEKLY BILLIONS OF DOLLARS, SEASONALLY ADJUSTED -MMDAS AT CB'S 1986 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 332.8 332.7 333.6 334.4 335.1 336.1 336.6 337.3 337.6 337.8 338.3 339.2 340.1 342.2 343.7 345.4 347.7 349.4 350.4 351.8 353.0 354.0 355.0 356.4 357.8 358.6 359.4 360.3 361.5 362.7 363.7 364.7 366.2 367.0 368.3 369.6 370.6 371.7 372.3 373.4 374.1 374.9 375.3 375.8 375.6 376.3 376.7 377.1 376.9 377.3 377.6 378.8 AT THRIFTS 182.4 181.9 181.8 182.1 181.9 161.7 182.4 182.5 182.3 182.0 181.8 181.8 181.9 182.1 182.1 182.5 183.1 183.6 184.1 184.4 185.0 185.6 186.2 186.8 187.7 187.9 188.2 188.5 188.8 189.2 189.7 190.2 190.5 191.1 191.4 191.5 191.5 192.0 192.4 192.3 193.2 193.7 194.4 194.5 194.4 194.8 195.0 195.2 194.9 194.7 194.4 194.4 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 459.2 458.0 458.8 459.7 460.3 461.4 462.0 462.9 463.3 463.8 464.5 465.6 466.7 469.2 471.0 473.1 475.8 477.9 479.5 481.3 483.0 484.3 486.0 487.9 489.5 490.4 492.3 493.5 495.7 497.2 499.1 501.0 503.5 505.0 507.2 509.5 511.4 513.7 515.4 517.8 519.5 521.5 522.8 524.6 525.5 527.4 528.7 530.3 531.0 532.4 533.7 536.2 357.8 357.5 357.7 358.4 358.5 358.6 359.1 359.7 359.9 359.8 359.9 360.3 361.0 361.4 361.8 363.0 364.4 365.9 367.3 368.1 369.6 370.7 372.1 373.5 374.8 375.6 376.9 378.1 379.1 380.3 381.9 383.4 384.8 386.0 387.0 388.2 389.3 390.8 392.0 393.2 395.3 396.8 398.7 399.8 401.1 402.7 403.7 404.8 405.5 406.0 406.7 407.5 - - - S M A L L TIME D E P O S I T S - AT AT THRIFTS CB'S 385.4 385.7 386.2 386.9 387.4 387.7 388.0 388.2 388.1 388.4 388.7 389.2 389.7 389.1 388.8 388.8 388.3 387.8 387.0 386.5 385.6 384.7 383.9 383.2 382.8 382.1 382.1 381.6 380.6 380.1 379.2 378.9 378.2 377.8 377.1 376.6 376.0 374.8 374.4 373.5 372.1 371.1 370.0 368.6 367.5 367.1 366.7 366.7 366.0 365.9 365.5 365.9 500.5 500.8 501.0 501.5 501.3 501.6 502.0 502.5 503.3 504.0 505.1 505.7 506.9 507.2 507.4 507.1 507.6 507.1 506.5 505.1 504.5 504.0 503.3 502.8 502.9 503.2 502.6 502.3 501.5 500.8 501.0 500.5 499.5 499.1 498.9 498.6 498.2 497.7 497.7 497.0 495.9 494.7 493.2 492.3 491.6 490.6 490.0 489.4 488.9 489.1 489.3 488.5 - - - L A R G E TIME AT CB'S 291.3 293.2 294.9 296.9 299.2 299.1 298.8 297.5 296.7 294.9 295.2 295.0 294.8 294.0 294.5 294.0 293.0 291.7 291.2 291.3 290.0 289.2 288.2 288.8 288.9 289.8 290.4 289.3 290.4 290.0 289.3 289.9 290.2 290.5 290.8 290.4 290.0 290.2 289.7 288.9 288.3 287.0 286.7 286.8 287.8 287.4 288.2 287.7 288.2 288.1 289.2 290.9 DEPOSITS-AT THRIFTS 152.3 152.4 152.4 152.6 153.3 153.7 153.9 153.8 154.4 155.3 157.9 158.4 157.7 158.2 158.5 159.0 159.1 158.6 158.4 158.0 157.8 157.8 158.1 158.2 158.4 158.4 158.2 158.5 158.8 159.0 157.9 158.0 157.9 158.0 157.9 157.2 157.2 156.6 156.7 155.7 155.3 154.6 153.9 153.7 152.7 152.5 151.6 151.1 150.9 150.8 150.0 149.5 TABLE 11 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS, SEASONALLY ADJUSTED AT CB'S 1987 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 379.8 378.9 378.2 378.6 378.4 378.4 378.0 378.0 377.7 377.5 377.0 376.5 376.5 376.6 376.5 375.8 375.8 374.9 373.8 372.9 372.3 372.2 370.8 370.2 369.6 368.9 368.7 368.5 368.2 367.6 367.3 367.3 366.3 366.4 365.9 365.8 365.8 364.8 364.3 363.5 362.4 361.3 361.6 359.8 357.8 357.5 357.4 357.5 357.5 357.0 356.7 355.7 AT THRIFTS 194.8 194.9 195.1 195.2 195.1 194.9 194.8 194.8 194.5 194.1 193.8 193.5 193.1 192.6 192.0 191.4 191.5 191.2 190.7 190.4 190.1 189.6 188.6 188.0 187.4 186.6 185.8 185.0 184.3 183.7 182.7 181.8 181.2 180.5 179.8 179.5 179.0 178.5 177.9 177.0 176.1 175.6 174.7 173.1 171.8 171.0 170.4 170.2 169.6 169.0 168.6 168.2 AT CB'S 538.5 538.8 539.1 540.4 541.3 542.4 542.9 543.6 544.0 544.7 545.0 545.2 546.0 547.5 548.2 547.9 548.7 548.5 548.0 547.3 546.9 547.1 546.0 545.3 545.0 544.4 544.9 544.6 545.0 544.7 544.8 544.9 544.3 544.1 543.9 544.1 544.6 543.6 543.2 542.2 540.7 539.6 540.0 538.0 535.8 535.7 535.7 535.9 535.8 535.3 534.9 534.5 fS + MMDAS AT THRIFTS 408 410 412 413 414 415 416 417 418 418 419.3 419.7 420 420 421 421 422 423 423 423 423 423.8 423.2 422.8 422 422 421 420 420 419 418.8 418.1 417.6 417 416 416 416 415 415 413.8 412.6 411.9 410.6 408 406 405 404 403 403 402 402 401 ---SMALL TIME DEPOSITSAT AT CB'S THRIFTS 365. 365. 364. 364. 364. 363. 363. 362. 362. 361.8 361.2 361.1 361.0 359.7 359.0 358.7 358.2 358.2 358.3 359.0 359.4 359.8 360.7 361.3 361.9 362.7 363.8 364.5 365.0 365.6 366.9 367.5 367.8 368.5 368.6 368.9 369.5 370.1 371.0 372.7 373.9 375.1 377.6 380 .3 382 .3 384 .1 385 .0 385 .7 386 .4 387 .3 387 .9 388 .5 488.6 488.5 487.7 487.4 486.8 486.2 486. .5 486. .4 486. .2 .0 486. 485.9 486.0 486.1 485.3 486.0 485.8 485 485 485 485 485 486 488 489 490 491.8 492.6 494.0 495.2 496.4 496.9 498.6 499.8 500.5 501.1 502.8 503 505 506 507 509 510 511 515 518 520 522.8 524.4 526.5 529.0 531.2 531.5 —LARGE TIME DEPOSITSAT AT CB'S THRIFTS 292.5 292.8 294.3 295.0 294.8 295.0 297. 297. 298. 297. 298. 298. 300. 301. 302. 303. 305. 307. 308. 309. 310. 310. 312. 313. 312. 313.8 312.2 313. 312. 312. 313. 314. 312. 314. 313. 314. 314. 315. 315. 314. 316. 317. 319. 322. 323.8 323.6 324. 324. 324. 326. 327. 326. 149.0 149.0 149.6 149.3 148.9 149.0 148.6 148.9 149.3 148.8 148.1 148 .1 147 .7 146 .5 145 .6 145 .5 145 .7 145 .9 146 .4 146 .1 146 .5 145 .9 146 .9 147 .2 147.8 148.5 148.1 148.9 149.1 149.8 150.4 150 .6 151 .3 151 .7 151 .4 152 .1 152 .3 153 .5 153.8 154.5 155.3 155.6 157.2 158.1 158.8 159.0 159 160 161 161 163 163 TABLE 11 MONEY STOCK MEASURES AND COMPONENTS - HEEKLY BILLIONS OF DOLLARS, SEASONALLY ADJUSTED ■-MMDAS AT CB'S 1 9 8 8 JAN JAN JAN JAN FEB FEB FEB FEB FEB MAR 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 OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 29 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 355.3 355.8 356.8 357.2 358.7 358.5 359.1 359.5 359.5 359.8 360.0 360.0 360.5 360.3 360.7 361.0 361.0 361.2 361.6 361.1 361.8 361.5 362.2 362.1 362.2 362.9 363.3 362.6 362.7 362.2 361.6 360.4 359.6 358.4 357.7 356.9 356.0 355.7 355.4 354.2 354.4 355.4 353.9 353.9 354.1 353.7 352.9 352.0 351.1 350.7 350.6 350.2 AT THRIFTS 167.7 167.0 166.7 166.5 166.3 165.7 165.2 164.9 164.4 164.3 164.4 164.4 164.4 164.3 164.3 164.3 164.5 164.3 164.2 164.2 164.1 164.0 163.9 163.9 163.7 163.6 163.3 163.2 163.0 162.6 162.1 161.4 161.1 160.6 159.8 159.0 158.1 157.3 156.6 156.2 155.7 155.3 154.6 154.2 153.9 153.7 153.4 152.0 151.9 151.8 151.6 151.3 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 534.3 535.0 536.4 537.0 539.1 539.3 540.0 541.0 541.3 542.0 543.0 543.7 544.3 544.4 545.6 546.0 546.4 546.9 548.1 548.2 549.3 549.3 550.2 550.5 551.1 552.3 553.0 552.3 553.0 552.7 552.4 551.3 550.3 549.1 548.4 547.7 546.8 546.3 546.3 544.6 544.5 545.4 544.0 544.6 547.6 547.2 546.3 545.3 543.8 543.2 543.1 542.3 400.8 399.8 399.5 399.5 399.3 398.4 397.9 397.7 397.2 397.3 397.7 398.1 398.1 398.1 398.6 398.6 398.9 398.6 398.7 399.0 399.2 399.0 399.1 399.4 399.5 399.6 399.1 399.0 398.9 398.4 397.8 396.8 396.4 395.6 394.4 393.2 392.2 390.9 389.9 389.0 388.4 388.0 387.3 386.7 386.1 385.5 385.1 384.5 384.2 383.8 383.5 383.4 - - - S M A L L TIME DEPOSITS— AT AT THRIFTS CB'S 389.0 390.0 390.9 392.1 393.2 394.5 395.7 396.4 397.4 398.9 399.5 400.5 401.5 402.4 403.1 403.6 404.3 405.3 406.4 407.0 407.3 407.6 407.7 408.2 409.1 410.1 411.0 412.0 412.7 413.6 414.8 416.5 417.7 419.0 420.3 421.6 423.9 426.1 427.5 429.7 431.2 432.5 434.2 435.1 437.1 439.3 441.1 442.3 443.6 445.6 447.2 448.6 532.4 535.2 538.1 540.7 544.2 547.3 550.2 552.0 553.7 555.5 556. 9 557.9 558.1 558.6 560.6 561.7 562.6 563.5 564.3 564.8 565.5 565.7 566.1 565.8 566.6 566.9 567.1 567.8 568.2 568.2 569.0 569.8 570.2 570.5 571.4 572.6 574.2 575.9 576.8 578.0 580.2 581.3 581.9 582.2 583.2 583.4 583.3 583.7 584.1 585.6 585.9 586.5 — -LARGE TIME DEPOSITS — AT AT THRIFTS CB'S 327.5 324.8 326.0 323.4 325.6 327.7 329.6 328.9 330.7 330.4 330.9 330.3 330.6 331.7 330.3 330.5 330.8 331.4 331.4 333.5 332.8 334.4 334.8 337.0 338.8 341.4 341.2 343.8 345.4 346.1 347.7 349.0 350.9 352.0 354.4 355.5 356.9 356.6 357.6 359.5 361.2 361.5 362.9 362.0 361.8 362.1 363.0 362.5 365.2 366.5 366.9 367.9 163.1 163.5 164.2 164.9 164.2 164.8 165.2 165.3 165.0 165.5 165.9 166.8 167.1 167.7 167.7 167.9 168.1 168.4 168.2 168.5 168.4 168.0 167.8 168.0 168.4 168.1 169.1 169.3 169.3 169.1 169.2 169.6 169.5 169.8 170.6 172.0 173.1 173.6 173.5 173.5 174.5 175.1 175.2 175.2 175.3 174.9 174.9 175.3 174.5 174.2 174.1 174.3 TABLE 11 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS, SEASONALLY ADJUSTED -MMDAS AT CB'S 1 9 8 9 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY 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 2 9 16 23 30 6 13 20 27 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 349.3 348.5 347.2 346.4 344.7 344.2 343.5 342.5 342.3 340.8 340.2 339.9 339.0 338.7 338.3 337.4 336.4 335.1 333.0 331.9 330.7 330.3 330.7 330.9 330.5 330.6 331.7 333.3 333.3 334.0 335.0 336.3 337.1 337.4 338.0 339.2 339.8 340.5 340.5 341.5 342.2 342.9 344.8 345.6 348.0 349.3 350.0 350.6 351.9 352.8 353.6 353.8 AT THRIFTS 150.7 149.8 148.8 147.7 146.9 145.9 145.1 144.1 143.2 142.5 141.7 140.9 140. 2 129.2 138.2 137.1 135.6 134.4 133.3 132.4 131.8 131.3 131.2 131.1 130.9 130.9 131.0 131.4 131.5 131.3 131.4 131.7 131.9 131.6 131.4 131.5 131.8 131.9 131.9 132.2 132.8 132.8 132.4 132.6 133.1 133.2 132.8 133.0 133.2 133.5 133.6 133.3 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 540.9 539.3 537.6 536.4 534.7 533.8 533.0 531.5 531.2 529.5 528.5 527.3 526.2 525.6 524.8 523.3 521.7 520.0 517.2 515.5 514.0 513.2 513.2 513.0 512.6 512.9 514.1 516.4 516.2 517.0 518.2 519.7 520.7 521.3 522.1 523.7 524.4 525.6 525.6 526.5 527.2 528.1 530.2 531.9 534.2 535.6 536.8 537.9 539.7 540.4 541.5 542.1 382.3 380.7 379.1 377.3 376.0 374.3 372.7 371.2 370.0 368.8 367.5 366.1 364.8 363.2 360.7 358.4 355.3 353.0 350.9 349.4 348.1 347.3 347.2 347.0 346.8 346.7 346.6 346.8 346.7 346.1 345.8 346.0 346.3 345.8 345.8 346.3 346.8 347.1 346.9 347.1 348.1 348.4 347.8 348.1 349.1 349.4 348.8 348.8 349.1 349.8 350.2 349.7 -—SMALL TIME DEPOSITS— AT AT THRIFTS CB'S 450.1 453.2 455.6 457.9 460.4 462.8 464.8 467.1 468.8 471.4 474.2 477.3 480.2 482.6 485.9 488.3 490.7 493.5 496.7 499.1 501.1 502.2 502.7 503.3 504.2 504.5 505.3 506.5 507.6 507.8 508.4 510.5 511.7 512.8 513.9 514.4 515.4 516.5 516.9 517.5 517.5 520.1 523.7 523.8 524.1 525.8 528.6 529.2 529.8 530.5 531.1 531.2 587.3 588.2 589.2 590.3 591.6 591.9 591.6 592.2 591.5 592.2 592.9 593.0 593.0 594.0 596.4 598.1 600.1 602.6 604.5 606.6 608.7 610.7 612.4 615.3 616.7 617.7 619.0 620.4 621.5 622.6 623.0 624.1 624.4 624.0 623.6 623.1 622.8 622.4 622.8 623.0 623.8 622.4 619.3 619.0 618.9 618.6 617.2 616.9 617.3 618.2 618.0 617.5 LARGE TIME DEPOSITS— AT AT THRIFTS CB'S 367.9 367.2 370.9 372.8 373.7 375.6 376.7 377.9 378.3 379.8 383.0 384.3 385.3 386.7 389.3 389.8 391.0 390.6 392.8 392.2 392.3 392.8 392.8 393.2 394.4 392.5 392.6 394.2 394.5 394.7 395.7 395.8 394.8 394.7 393.7 395.4 395.6 396.6 394.9 394.8 395.8 396.7 398.5 397.8 396.5 397.6 399.9 398.6 398.5 397.6 399.5 398.4 174.4 175.2 174.9 175.1 175.3 175.2 174.7 175.6 176.0 175.4 175.1 174.9 175.0 175.5 176.6 176.7 177.1 177.7 178.6 178.1 177.3 177.9 178.6 178.4 178.4 177.0 177.1 177.2 176.8 176.3 175.9 175.5 175.1 173.8 173.4 172.6 171.8 171.0 168.4 168.2 167.5 166.7 165.4 164.6 164.2 163.7 163.2 162.6 163.1 162.2 161.4 159.8 TABLE 11 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS, SEASONALLY ADJUSTED •-MMDAS AT CB'S 1 9 9 0 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 1 8 15 22 29 5 12 19 26 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 354.5 356.1 355.7 355.2 354.7 356.3 358.1 358.9 358.6 359.0 359.9 360.9 362.2 363.0 364.2 365.3 364.7 364.4 364.8 365.9 366.5 367.2 368.4 369.3 370.7 370.0 370.4 371.9 372.6 371.9 371.6 372.8 373.9 376.2 375.6 376.2 377.4 376.6 376.5 376.9 377.6 377.8 376.8 377.1 377.0 378.3 379.0 378.3 378.5 379.6 380.3 378.9 377.2 AT THRIFTS 133.2 132.5 132.6 132.4 132.9 133.3 133.6 133.6 133.5 134.1 134.4 134.6 134.8 134.9 135.1 134.7 134.6 134.8 135.3 135.1 134.2 133.1 132.8 132.8 132.7 132.5 132.1 132.0 132.2 131.7 131.3 131.2 131.5 131.1 131.6 131.8 131.6 131.6 131.4 130.6 130.1 129.9 129.9 129.6 129.8 129.7 129.3 129.1 128.4 127.9 127.5 127.1 127.3 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 543.0 547.3 547.8 548.7 548.8 549.9 551.2 552.4 552.9 552.7 553.0 553.7 554.7 555.4 555.8 556.4 556.2 555.8 554.8 555.1 556.4 558.2 559.6 560.1 561.0 561.3 561.9 563.0 563.8 564.3 564.8 565.7 566.9 569.9 570.8 571.5 572.7 571.9 572.3 573.5 574.6 575.0 575.1 576.1 576.0 577.3 578.7 579.5 579.8 581.1 582.3 582.9 581.9 349.8 348.4 349.1 349.1 349.7 350.0 350.1 350.2 350.0 350.7 351.3 351.3 351.9 352.4 352.8 352.4 352.2 352.5 353.1 352.6 351.1 349.5 349.1 348.8 348.8 348.8 348.6 348.4 348.5 347.9 347.3 347.4 347.3 346.6 346.5 346.8 346.2 346.3 346.4 345.7 344.3 343.9 343.8 343.2 343.1 342.3 341.6 341.4 340.5 339.6 338.8 338.1 338.2 ---SMALL TIME D E P O S I T S - AT AT THRIFTS CB'S 531.8 530.8 532.4 533.7 534.1 535.2 537.2 538.3 539.3 540.3 541.8 542.2 543.1 543.8 544.5 546.0 548.4 551.0 553.2 555.3 558.4 562.0 565.1 567.9 570.0 571.7 573.6 577.0 577.7 579.0 579.5 580.0 580.6 581.5 582.3 582.3 584.4 586.2 587.0 589.5 594.7 595.3 595.3 595.3 595.5 596.4 597.7 599.2 600.9 604.0 606.7 609.2 607.2 616.4 615.2 614.8 614.0 613.7 612.2 610.2 609.6 610.1 610.1 609.7 609.5 609.3 610.2 610.6 609.9 607.5 605.9 604.3 603.0 601.0 598.0 596.2 594.1 593.2 591.4 589.6 587.2 586.7 586.5 586.6 586.6 586.0 583.9 583.4 583.9 582.8 581.1 579.9 577.2 572.4 571.8 571.6 571.7 571.2 570.6 569.4 568.7 567.2 564.6 562.4 560.1 560.8 ---LARGE AT CB'S 398.0 397.9 398.6 397.8 397.7 396.8 396.4 395.2 394.8 394.3 395.6 393.1 393.2 390.5 390.7 390.8 390.2 388.0 389.5 389.6 389.1 389.4 388.4 389.3 388.7 388.4 387.8 391.4 390.6 389.9 388.2 387.9 387.1 386.9 385.0 384.6 382.9 382.7 380.1 378.0 378.6 379.3 379.4 379.5 378.5 380.7 378.5 378.4 376.5 375.5 374.9 373.8 370.5 T i lME D E P O S I T S - AT THRIFTS 160.5 160.6 159.7 158.9 157.8 156.4 155.3 154.4 153.0 152.1 150.6 149.3 148.7 148.7 148.2 147.5 145.6 145.0 144.3 143.4 142.4 141.0 140.7 139.7 138.6 138.0 137.6 136.2 135.3 134.7 134.1 133.8 132.7 131.8 131.3 131.2 131.1 130.2 129.3 129.2 128.5 128.5 128.1 127.1 126.5 125.8 125.2 124.1 123.3 121.8 121.3 120.2 119.4 TABLE 11 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS, SEASONALLY ADJUSTED AT CB'S 1991 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 SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC JAN 7 14 21 28 4 11 18 25 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 377.7 378.0 377.8 378.7 380.2 383.3 384.2 384.5 385.5 387.8 390.4 390.3 390.8 392.2 395.0 394.2 394.9 397.5 400.4 401.1 401.4 402.6 405.3 406.5 405.2 405.7 408.0 410.1 408.8 409.3 409.6 411.4 411.6 411.6 411.8 413.6 414.6 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA -MMDAS AT THRIFTS 127.4 127.3 127.3 127.8 128.1 128.1 128.2 128.1 128.8 129.5 130.2 130.5 131.0 131.8 132.3 132.7 133.7 135.0 135.8 136.3 136.7 136.5 137.0 137.7 137.9 137.9 138.7 139.4 139.3 138.9 138.6 138.2 138.2 137.7 137.6 137.6 137.6 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 582.5 583.0 583.8 585.1 586.5 589.0 590.7 592.6 593.7 595.2 597.4 598.7 599.6 600.7 603.0 603.2 604.2 606.0 608.6 609.9 611.3 613.5 616.5 617.8 617.6 618.9 620.6 622.8 623.5 625.2 626.4 629.0 630.4 632.5 633.6 635.3 636.7 637.5 638.2 641.8 644.0 645.8 649.0 650.9 653.1 656.2 657.5 658.3 661.8 665.3 666.1 667.7 669.1 338.2 337.7 338.2 339.0 339.9 340.2 340.4 340.6 342.2 343.2 344.1 345.5 347.1 348.6 349.0 350.6 352.4 355.0 355.8 356.7 357.7 357.7 358.2 359.4 360.5 361.4 362.4 363.0 363.4 363.3 363.7 363.4 363.6 363.6 364.4 364.6 365.1 366.5 367.0 367.5 368.4 369.9 370.6 371.8 372.4 373.1 373.6 375.3 375.9 377.0 378.4 379.9 381.4 — S M A L L TIME DEPOSITS— AT AT THRIFTS CB'S 607.3 609.8 611.5 612.0 612.2 614.3 616.1 618.9 619.0 619.8 620.1 619.8 618.0 617.5 617.2 617.1 616.9 616.8 616.1 615.6 615.1 617.1 618.3 617.7 617.3 617.2 616.8 616.7 617.5 618.5 619.8 621.1 621.9 621.6 620.7 620.3 619.9 619.7 617.7 615.9 615.2 614.3 612.6 610.1 608.4 606.6 605.1 603.1 601.4 600.1 598.6 595.9 593.2 561.4 559.5 558.2 557.5 556.6 555.8 553.5 550.4 549.6 547.7 546.3 545.3 544.8 544.5 543.3 541.4 539.5 538.2 536.6 535.1 533.4 529.2 525.5 523.4 520.9 519.0 516.7 513.9 510.6 507.8 504.4 501.2 499.0 497.7 496.5 494.8 492.4 489.8 487.7 483.6 483.1 481.7 479.6 477.7 475.9 474.0 472.1 471.0 469.1 467.4 465.4 464.2 463.0 LARGE TilME DEPOSITS— AT AT THRIFTS CB'S 373.5 378.0 380.2 383.5 382.6 384.7 385.7 386.2 385.3 384.4 383.1 380.5 377.3 379.4 379.8 380.1 379.6 379.0 378.7 379.4 379.5 379.9 380.4 380.4 377.6 371.3 374.0 374.9 372.9 374.0 374.2 372.8 371.6 370.8 371.1 368.7 369.4 366.7 366.8 368.4 361.9 361.0 360.4 359.4 357.5 357.2 356.6 355.9 355.1 353.9 352.5 350.0 348.2 118.8 117.9 117.1 116.5 116.0 115.2 114.4 113.6 112.7 111.3 110.7 109.9 110.3 109.7 108.9 107.5 106.2 105.9 105.0 104.3 103.1 102.5 101.3 100.5 99.6 99.1 98.9 98.0 96.9 95.7 95.2 94.1 93.3 92.6 92.4 92.4 90.9 89.0 88.9 89.2 88.0 86.9 86.1 85.9 85.4 85.2 84.5 84.4 83.9 83.5 82.5 82.2 82.3 TABLE 12 MONEY STOCK MEASURES AND COMPONENTS - HEEKLY BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -MMDAS AT CB'S 1975 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 AT THRIFTS 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 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 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 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 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 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 135.9 136.4 136.5 136.7 136.9 137.7 138.2 138.7 139.4 140.7 141.7 142.7 143.7 145.1 145.5 145.4 145.6 146.0 146.9 147.6 148.4 149.3 150.7 151.5 152.2 152.5 153.4 153.7 153.8 153.7 153.6 153.9 153.9 153.8 153.8 154.1 154.1 154.2 154.6 155.5 155.7 155.8 155.8 155.4 155.8 156.5 157.2 157.7 158.6 158.8 158.8 159.2 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA — S M A L L TIME DEPOSITS— AT AT THRIFTS CB'S 122.8 123.4 123.7 124.1 124.2 125.4 126.3 127.5 127.8 128.5 128.9 129.0 129.9 130.1 130.5 130.8 131.3 131.6 132.0 131.9 132.3 132.6 133.1 133.6 134.1 135.1 135.4 135.6 135.8 136.1 136.4 136.7 136.5 136.8 137.6 137.7 137.3 137.2 137.6 137.8 138.8 138.8 138.9 139.1 139.8 139.8 139.9 140.0 140.8 141.2 141.7 142.1 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA, NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA — L A R G E TIME DEPOSITS— AT AT THRIFTS CB'S 142.4 142.8 142.5 141.8 141.3 140.4 139.2 137.9 137.2 136.6 136.1 135.6 134.5 132.8 131.3 130.2 129.5 128.7 128.8 129.5 129.3 128.2 127.3 125.7 124.3 123.2 122.4 122.1 122.6 123.0 123.0 123.2 123.2 123.3 123.3 123.7 123.6 124.4 124.8 125.1 124.7 124.7 125.0 124.6 124.5 124.5 124.8 124.8 124.8 124.7 124.8 124.9 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA TABLE 12 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -MMDAS AT CB'S 1976 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR 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 OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 AT THRIFTS 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 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 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 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 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 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 160.4 162.1 163.4 164.9 166.3 168.6 170.0 170.8 171.8 173.4 175.0 176.1 177.3 179.2 180.1 179.7 180.3 180.8 182.0 182.6 183.0 182.8 183.2 183.0 182.9 182.8 183.7 184.5 184.6 184.9 185.1 185.8 186.0 186.2 186.6 187.3 187.9 188.0 188.7 190.5 191.8 192.1 192.9 193.0 194.0 194.8 195.6 196.2 197.6 198.6 199.2 199.4 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA -—SMALL TIME DEPOSITS— AT AT THRIFTS CB'S 142.1 142.9 142.9 143.3 143.5 143.8 144.0 144.1 143.6 143.2 142.8 142.2 141.7 141.3 141.6 141.4 142.3 142.9 143.4 143.9 144.1 144.4 144.4 144.5 144.2 144.3 144.3 144.8 145.1 145.6 145.9 146.4 147.0 147.6 148.5 149.5 150.0 150.5 150.9 151.0 151.8 152.5 153.4 153.9 154.1 153.5 153.6 153.8 154.2 154.8 154.9 154.7 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA — L A R G E TIME DEPOSITS— AT AT THRIFTS CB'S 123.7 122.6 121.9 121.1 120.0 118.7 117.5 117.3 117.2 117.8 118.2 119.1 120.0 119.9 118.9 117.5 116.1 115.4 114.6 114.3 114.7 115.3 116.0 116.3 116.6 117.9 118.1 117.5 117.1 116.9 116.5 116.0 115.5 115.3 115.0 114.3 113.5 113.3 113.7 113.6 112.8 111.7 110.7 109.8 109.7 110.0 110.8 111.4 111.4 111.6 112.0 113.1 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA TABLE 12 MONEY STOCK MEASURES AND COMPONENTS - NEEKLY BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -MMDAS AT CB'S 1977 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR 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 OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 AT THRIFTS 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 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 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 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 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 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 201.2 203.3 203.7 204.3 204.6 205.6 206.3 206.9 207.3 208.6 209.8 210.6 211.7 213.5 214.4 213.3 213.0 213.0 214.1 214.3 214.6 214.2 214.8 214.9 214.5 214.3 215.2 215.9 215.9 216.1 216.2 216.6 216.7 216.5 216.3 216.5 216.8 216.3 216.3 217.2 218.2 217.7 217.4 216.4 216.3 216.4 216.2 216.1 216.3 216.3 215.6 215.4 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA — S M A L L TIME DEPOSITS— AT AT THRIFTS CB'S 155.5 156.2 156.9 157.9 158.1 158.5 159.0 159.5 160.1 160.5 161.2 161.4 161.5 161.9 162.1 162.3 162.8 163.2 163.8 164.2 164.4 165.0 165.3 165.6 165.8 165.7 165.8 166.0 165.6 165.6 165.3 165.3 165.3 165.2 165.3 165.5 165.6 165.4 165.8 166.0 166.2 166.0 166.0 165.8 165.9 165.9 166.2 166.1 166.3 166.6 166.3 167.1 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA — -LARGE TilME DEPOSITS— AT AT THRIFTS CB'S 113.2 111.8 110.9 110.6 110.4 110.8 110.9 110.6 110.3 110.7 110.7 110.6 111.5 111.3 110.2 109.3 108.7 108.7 109.2 110.1 111.1 112.0 112.4 112.6 112.7 113.5 113.7 114.0 115.0 116.6 117.7 118.4 119.0 120.1 121.1 121.3 121.6 122.0 123.0 124.4 125.3 126.4 127.5 128.8 129.7 130.9 132.6 134.1 134.9 136.4 138.4 139.6 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA TABLE 12 HONEY STOCK MEASURES AND COMPONENTS - HEEKLY BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED AT CB'S 2 JAN 9 JAN 16 JAN 23 1 9 7 8 JAN JAN 30 FEB 6 FEB 13 FEB 20 FEB 27 MAR 6 MAR 13 MAR 20 MAR 27 APR 3 APR 10 APR 17 APR 24 MAY 1 MAY 8 MAY 15 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 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 AT THRIFTS 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 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 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 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 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 i>AVJLNl30 AT CB'S 216.8 218.2 218.4 218.1 217.8 218.2 218.7 218.8 218.9 219.5 220.4 221.0 221.6 222,9 223.9 222.8 221,9 221.7 222.5 222.9 223.3 223,5 223.8 223.6 223.0 222.8 223.3 223.7 222.9 222.5 221.9 222.2 222.3 222.2 222.1 222.3 222«5 221.9 221.7 222.6 223.2 222.5 221.9 220.7 219.3 218,5 217.2 216.4 215.7 215,1 213.7 212.8 FS + MMDAS AT THRIFTS NA NA NA NA NA NA NA NA NA NA NA NA NA NA MA NA NA NA NA MA NA NA NA NA NA NA NA MA NA NA NA MA NA NA NA NA NA NA NA NA NA NA NA NA NA MA NA NA NA NA MA NA ---SMALL TIME DEPOSITSAT AT CB'S THRIFTS 168 .4 168 .6 168 .7 169 .1 169 .3 169 .8 170 .1 170 .9 171 .1 171 .2 171..3 171 .1 170 .7 171..1 170,.8 171..0 171..4 171..3 171,.5 172,.0 1.72, .0 172,.5 172,.6 173,.0 173..1 173,,7 174..5 173.,6 173..6 173..8 .4 174. ,3 174. ,0 175. ,6 174. ,0 175. 176. 4 ,5 176. 177. 2 ,2 178. ,4 179. ,5 180. 179. 8 179. 1 .7 179. 180. 7 181. 6 180. 9 182. 8 183. 7 1.83. .0 183. 4 185. 1 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA -LARGE TIME AT CB'S 139.8 139.5 139. 140. 141. 141. 142. 142. 143. 145. 146. 147.8 149.3 149.5 149.6 149.8 150.5 151. 153. 154. 156. 157. 157. 157. 156. 156. 157. 158. 160. 161. 162. 164.0 164.2 165.9 166.9 166.5 167.5 167.1 167.0 166.6 166.1 167.3 170.3 172.6 174.8 176.6 178.8 179.5 180. 183. 184. 183.2 DEPOSITS- AT THRIFTS NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA TABLE 12 MONEY STOCK MEASURES AND COMPONENTS - NEEKLY BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED ■-MMDAS AT CB'S 1979 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 1 8 15 22 29 5 12 19 26 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 AT THRIFTS 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 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 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 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 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 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 213.1 213.3 212.0 211.0 209.9 209.2 209.3 208.9 208.6 208.2 208.9 208.7 209.2 209.9 211.0 209.3 208.0 207.2 207.6 207.5 207.5 207.5 207.6 208.2 207.6 207.6 207.9 209.2 209.2 208.9 208.3 208.4 208.6 208.2 207.8 207.1 207.5 206.2 205.1 204.4 205.4 204.3 202.5 200.1 197.0 196.2 195.1 194.4 193.2 193.5 192.6 191.7 191.5 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA — S M A L L TIME DEPOSITS— AT AT THRIFTS CB'S 188.3 188.7 189.4 190.1 190.7 191.7 192.4 192.9 193.1 193.6 194.4 195.0 195.4 196.4 197.3 198.2 199.4 200.3 201.3 202.1 203.0 203.9 205.2 206.0 206.9 207.0 207.0 207.6 208.3 209.3 210.2 211.2 211.6 213.0 213.9 214.5 215.6 216.5 217.8 219.5 220.5 221.6 223.4 225.4 228.8 230.1 231.1 231.7 233.4 234.2 235.0 235.9 236.3 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA — L A R G E TIME DEPOSITS— AT AT THRIFTS CB'S 182.2 181.8 183.0 184.1 184.8 183.2 184.1 184.6 185.3 185.5 185.2 183.9 183.4 182.5 181.1 179.2 178.0 178.5 177.9 178.6 178.4 179.0 175.6 174.0 173.3 174.1 176.0 174.5 173.6 174.0 175.9 177.0 177.7 178.0 179.9 181.5 181.8 183.9 186.0 187.9 189.0 189.8 190.2 191.1 190.8 191.9 192.3 193.5 193.8 194.8 194.4 194.6 194.1 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA TABLE 12 MONEY STOCK MEASURES AND COMPONENTS - NEEKLY BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -MMDAS AT CB'S 1980 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 7 14 21 28 4 11 18 25 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 AT THRIFTS 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 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 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 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 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 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 192.9 192.1 190.8 192.2 189.0 188.6 187.9 187.1 186.1 185.5 184.2 183.0 182.5 181.9 J80.1 177.2 176.2 176.3 176.9 177.8 178.2 179.2 181.2 181.9 182.8 184.1 186.9 188.4 189.1 189.6 190.6 191.6 191.5 192.1 192.0 192.8 192.6 192.4 192.5 194.8 194.1 193.5 193.2 193.6 193.3 191.3 190.0 188.7 187.7 185.6 182.9 179.7 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 225.0 223.7 220.5 218.7 218.1 217.5 215.4 212.7 208.4 — S M A L L TIME DEPOSITS— AT AT THRIFTS CB'S 237.5 239.7 241.6 242.6 244.4 245.6 246.9 248.6 250.3 253.3 255.3 257.7 259.3 263.0 265.5 267.4 268.7 269.2 269.9 270.0 270.0 269.7 269.6 269.1 269.0 268.3 267.7 266.9 266.6 266.3 266.0 265.9 265.8 266.3 266.4 266.9 267.5 269.8 268.5 268.4 271.0 271.5 272.1 274.1 275.0 277.6 279.4 280.6 282.3 283.9 286.2 290.3 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 429.1 430.0 433.4 435.0 436.2 437.8 439.2 441.2 447.9 — L A R G E TIME DEPOSITS— AT AT THRIFTS CB'S 192.1 193.7 193.9 194.5 195.5 196.0 196.5 196.1 197.7 198.0 197.9 199.1 198.9 198.0 198.5 197.4 198.8 199.2 199.7 199.5 199.2 195.5 193.6 192.6 190.1 189.3 187.2 185.9 186.7 187.4 185.9 187.9 189.2 190.2 190.6 191.6 191.6 192.1 194.1 194.6 196.0 195.3 197.2 199.5 202.1 205.2 208.6 211.0 212.8 215.9 219.5 224.3 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 42.9 43.1 43.4 43.6 43.6 43.8 44.2 44.7 45.5 TABLE 12 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -MMDAS AT CB'S 1981 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 AT THRIFTS 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 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 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 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 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 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 179.3 178.1 176.9 174.9 173.3 173.0 172.5 171.9 170.6 171.6 171.4 171.6 172.4 174.4 174.5 171.9 171.4 171.5 171.4 170.4 169.5 168.7 168.8 168.2 167.5 167.5 169.0 168.8 167.9 166.8 165.8 165.2 164.2 163.2 162.0 161.6 161.1 159.9 159.4 160.1 159.5 158.8 158.2 157.4 157.6 157.7 157, 2 156.9 157.7 157.7 157.2 157.1 207.7 206.1 204.0 202.6 201.2 201.1 200.8 199.9 198.8 200.1 199.9 200.1 202.2 204.4 203.7 200.6 199.8 200.4 199.9 198.1 196.5 196.0 195.8 195.1 194.4 195.7 198.3 197.6 196.2 194.2 193.5 192.2 190.5 188.8 187.8 187.9 187.0 185.7 185.8 187.1 185.1 184.2 183.0 182.8 183.4 183.2 182.6 182.9 184.0 183.6 183.0 183.5 -—SMALL TIME DEPOSITS— AT AT THRIFTS CB'S 292.9 295.5 297.8 298.4 300.3 301.8 302.5 303.5 305.7 306.0 307.4 307.8 307.1 307.1 307.0 307.8 308.1 308.5 310.1 311.8 313.5 315.1 317.1 317.6 317.9 317.1 317.4 318.1 319.9 321.7 323.4 325.2 327.5 329.1 330.7 332.7 333.4 334.3 334.8 337.4 341.2 342.4 343.5 344.7 346.1 346.9 346.6 347.1 347.5 347.8 347.8 347.4 451.7 453.5 453.8 454.5 456.4 457.2 457.5 458.1 460.3 459.8 460.1 460.1 459.9 459.6 458.1 458.2 457.7 457.7 458.7 459.8 461.0 462.4 463.8 463.9 463.9 462.8 464.2 463.6 464.0 464.7 465.5 466.7 468.1 468.9 469.5 470.2 470.2 470.6 471.6 475.5 477.8 477.4 477.1 477.6 478.1 477.6 476.6 477.1 476.2 475.5 475.0 474.7 — L A R G E TIME DEPOSITS— AT AT THRIFTS CB'S 224.5 225.2 225.5 227.7 230.9 231.0 230.6 231.2 231.4 229.0 229.2 229.0 227.7 224.1 222.6 221.9 224.2 223.3 226.8 229.3 232.2 233.8 233.1 232.3 231.1 236.6 236.6 235.9 238.0 239.5 242.4 243.7 245.1 245.3 248.0 248.6 246.0 246.9 250.0 249.9 248.4 247.0 246.9 247.0 247.8 248.5 250.4 250.9 251.2 252.0 252.1 249.6 45.8 45.9 46.0 46.2 46.4 46.6 46.9 47.0 47.0 46.9 46.9 46.9 47.0 46.8 47.0 47.2 47.5 47.7 48.4 49.1 49.5 49.5 49.5 49.3 49.2 49.4 49.6 49.9 50.2 50.6 51.2 51.6 51.7 51.8 51.9 52.2 52.4 52.8 53.4 52.8 53.0 52.9 52.9 52.8 52.9 53.0 53.2 53.4 53.1 53.4 53.4 53.7 TABLE 12 MONEY STOCK MEASURES AND COMPONENTS - MEEKLY BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED AT CB'S 1982 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR 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 OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 I 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 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 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 0.0 0.0 0.0 0.0 0.0 0.0 28.2 51.0 -MMDAS AT THRIFTS 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 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 0.0 0.0 0.0 0.0 0.0 0.0 19.7 31.6 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 158.5 159.8 159.3 158.6 158.2 158.4 158.1 157.9 157.7 158.5 159.0 159.3 159.7 161.3 161.8 160.0 159.5 159.5 160.2 160.3 160.3 160.0 160.9 160.6 159.7 159.2 160.4 160.6 159.9 159.4 159.0 159.6 159.7 159.4 159.0 159.7 160.1 159.7 159.5 161.0 162.9 163.0 163.2 163.3 164.7 165.1 165.3 165.2 166.3 166.9 189.8 208.6 186.8 187.3 186.4 185.7 185.7 186.2 185.4 184.6 184.2 185.2 185.2 185.1 185.8 188.4 187.9 185.2 184.3 185.0 185.7 185.5 185.3 185.7 186.8 186,3 185.7 185.3 187.3 187.0 185.9 184.9 184.8 185.3 184.9 184.1 183.7 184.9 185.3 185.0 185.0 189.3 191.8 191.5 191.3 192.4 194.6 195.0 194.9 195.4 197.2 197.7 209.8 217.8 — S M A L L TIME DEPOSITS— AT AT THRIFTS CB'S 348.1 349.3 350.9 352.1 353.4 355.0 356.4 357.9 359.9 361.6 363.1 364.2 365.0 365.7 366.4 367.8 368.7 369.9 371.5 372.9 374.1 375.2 375.9 377.0 378.0 378.8 380.6 382.1 383.9 385.3 386.3 387.1 387.9 388.7 389.1 389.8 389.8 390.4 390,9 390.4 388.5 389.1 389.2 388.8 388.3 387.8 388.0 387.5 386.6 386.2 379.4 374.3 475.4 475.4 475.7 475.9 476.3 477.3 478.2 478.8 479.6 480.3 480.1 480.2 481.5 483.2 482.2 481.7 481.7 481. 9 482.1 482.4 482.7 483.2 483.1 483.2 483.5 484.9 487.5 487.9 488.3 488.7 489.0 488.7 488.6 488.9 488.9 489.1 488.5 488.1 488.7 489.6 486.1 485.7 486.0 485.1 483.3 483.2 483.0 483.2 481.9 477.7 469.9 464.0 — -LARGE TIME DEPOSITS— AT AT THRIFTS CB'S 254.4 250.7 250.5 252.1 253.9 254.8 256.2 256.8 259.4 258.4 257.7 257.9 261.5 259.3 260.1 257.3 259.4 259.4 258.3 257.9 260.5 264.1 261.6 262.1 259.7 262.8 263.0 263.3 263.4 267.4 269.2 268.2 269.1 269.6 270.0 270.7 267.5 268.7 269.2 269.2 272.0 271.5 270.9 269.3 270.7 268.8 270.2 271.7 270.1 269.5 263.2 261.4 53.6 54.2 54.8 55.3 55.8 55.9 56.2 56.4 56.8 56.9 57.0 56.8 56.9 56.9 56.9 56.7 56.8 56.9 57.0 57.3 57.6 58.0 57.9 58.0 58.1 58.3 57.9 58.0 58.2 58.4 58.3 58.4 58.9 59.3 59.6 59.7 59.8 60.0 60.4 60.8 61.4 61.7 62.1 62.4 62.8 63.4 63.9 64.3 64.3 64.4 63.2 62.2 TABLE 12 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -MMDAS AT CB'S 1983 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR 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 OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 68.8 92.7 113.8 129.1 141.4 152.9 161.4 167.9 173.8 179.5 184.6 188.1 190.7 193.5 197.5 199.0 199.9 201.6 205.0 208.1 210.6 212.6 214.8 216.3 216.9 217.0 217.4 218.5 218.9 219.2 219.6 219.8 219.9 219.4 219.5 220.7 221.8 221.3 221.5 223.2 223.8 223.7 224.0 224.5 226.0 227.3 227.7 228.5 229.6 230.7 230.4 230.4 AT THRIFTS 43.0 59.6 74.3 86.2 96.9 107.0 114.9 120.7 126.0 131.2 135.4 138.3 139.9 141.6 144.1 144.9 145.5 147.3 149.3 150.8 152.4 153.4 154.7 154.9 154.8 154.2 154.5 154.9 154.6 154.1 153.6 153.4 152.8 151.8 151.0 151.0 151.1 150.8 150.9 151.7 151.1 149.6 148.6 148.1 148.5 148.5 148.3 148.3 148.7 148.8 148.5 148.5 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 225.1 246.8 264.3 276.8 287.3 297.6 305.0 310.8 316.0 322.0 326.9 330.3 332.8 336.4 340.7 341.2 341.5 343.1 346.9 350.1 352.6 354.3 357.2 358.6 357.8 357.3 358.7 360.0 359.6 359.2 358.8 359.1 358.6 357.5 356.8 357.7 358.9 357.8 357.5 359.6 360.8 360.0 359.4 359.0 360.4 361.4 361.5 361.8 362.9 363.4 362.5 361.7 229.5 244.1 255.2 264.2 273.4 284.0 290.9 295.8 300.9 306.9 311.4 314.5 316.1 320.1 322.6 321.8 321.6 325.1 326.9 328.2 329.7 330.8 333.5 333.4 332.1 331.0 333.7 334.3 333.3 332.2 331.2 330.9 329.5 327.6 326.0 326.4 325.8 325.4 325.2 327.3 327.2 324.6 322.5 321.4 322.1 321.6 320.8 320.1 320.9 320.4 319.0 318.3 — -SMALL TIME DEPOSITS— AT AT THRIFTS CB'S 369.9 362.9 357.5 352.8 348.2 344.2 341.1 338.4 335.2 333.1 330.7 329.2 327.9 326.6 324.5 323.4 323.0 322.7 322.2 321.7 321.3 321.2 321.2 321.7 322.4 323.3 324.8 325.8 326.8 327.8 329.0 330.5 331.8 333.3 334.5 335.5 336.3 337.4 338.2 338.4 341.7 344.2 346.0 347.0 348.3 348.9 349.4 349.9 350.4 350.9 351.2 351.5 459.1 449.4 440.3 434.2 428.0 422.1 417.8 414.5 411.4 409.0 406.4 404.2 404.1 405.4 404.1 403.6 403.2 403.1 402.1 401.2 400.2 399.7 399.8 400.2 399.0 400.2 403.4 404,4 405.4 406.5 407.6 408.8 409.8 411.3 412.6 413.7 414.2 415.1 415.9 418.1 420.4 423.1 425.4 427.3 428.9 429.9 430.6 431.3 432.0 432.6 433.1 434.1 — L A R G E TIME DEPOSITS— AT AT THRIFTS CB'S 258.3 251.4 244.4 240.3 239.3 236.7 235.2 232.6 231.1 229.2 227.6 227.0 229.6 227.2 225.6 224.1 223.8 222.0 221.4 221.1 222.1 221.1 223.4 223.6 223.9 224.9 223.5 221.0 220.9 221.7 222.7 224.7 225.5 226.0 228.2 228.6 227.3 225.9 227.8 227.2 226.2 224.2 225.1 225.9 226.7 228.0 228.8 229.9 230.1 230.3 230.2 233.0 62.0 60.8 60.4 60.1 60.0 60.1 60.1 60.4 60.3 60.7 61.2 61.5 62.1 62.7 63.5 64.9 65.8 66.9 67.8 68.5 68.8 69.3 69.5 69.9 70.9 71.9 73.1 74.0 75.0 75.9 76.8 78.2 79.5 81.3 82.5 83.5 84.5 85.5 87.2 88.4 89.5 90.4 91.8 92.2 92.9 93.4 93.6 94.3 94.5 95.6 96.5 97.4 TABLE 12 MONEY STOCK MEASURES AND COMPONENTS - MEEKLY BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED AT CB'S 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 16 23 30 6 13 20 27 5 12 19 26 IV) 1984 JAN 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 231,6 234.1 234.9 234.9 235.4 236.9 238.4 239.6 240.3 241.8 242.8 243.3 243.8 245.7 247.3 247.4 245.1 243.0 243.2 244.1 244.3 244.1 244.8 245.0 244.2 242.5 242.8 243.5 243.6 243.1 242.8 242.7 242.8 242.5 242.8 243.6 245.3 245.4 244.1 244.7 246.3 248.0 248.6 250.2 253.0 255.9 257.5 259.3 262.0 264.9 266.8 268.5 271.5 AT THRIFTS 149.2 150.0 150.2 149.9 149.0 150.8 151.5 152.1 152.7 153.6 154.4 154.8 155.2 155.8 157.3 157.1 156.2 155.6 156.3 156.6 156.4 155.9 156.0 155.5 154.3 152.9 152.9 153.2 152.5 151.7 150.7 150.2 148.9 147.9 147.2 147.3 147.6 147.1 146.5 146.5 147.3 147.4 147.3 147.3 148.2 149.0 149.1 149.4 150.0 151.1 151,5 151.9 152.8 AT CB'S 363.6 366,8 366.8 366.1 365.9 367.7 368.9 369.8 370.0 371.9 373,3 373.8 374.4 377.0 379.6 378.9 376.0 373.8 374.7 375.8 376.0 375.7 376.9 377.7 376.4 374.5 374.9 376.0 375.1 373.8 372.5 371.8 371.4 370.3 369.6 369.9 371.7 371.0 368.8 369.5 371.6 372.8 372.6 373.4 376.3 379.0 380.4 381.7 384.2 387.2 388.5 389,4 392.4 fS + MMDAS AT THRIFTS 320 322 321 319 317 320 321 321 321 323 325 325 326 328 330 328 326 325 327 327 327 325.8 327.0 326.7 324.8 322.8 323.9 324.8 323.2 321 318 318 316 314 312 312 313 311 311 312 313 312 311 310 311 312 312 311 312 313 313 312 313 THRIFTS -LARGE TIME DEPOSITS AT AT CB'S THRIFTS 437.5 439.8 441.6 443.2 442.3 446.9 447.1 447.2 447.3 448.0 448.2 448.1 448.6 451.4 450.9 450.4 451.1 451.8 452.5 453.1 454.2 455.4 456.5 458.3 459.9 461.7 465.5 467.5 469.1 470.7 472.3 474.5 477.0 479.8 481.3 482.9 484.0 485.4 486.9 491.2 493.7 494.4 496.2 497.8 498.8 499.7 500.4 500.0 501.4 501.2 500.8 501.2 503.1 236.2 232.2 230.9 230.7 232.4 231.4 232.6 234.1 234.7 235.7 236.7 236.3 238.5 238.6 238.0 237.4 237.3 239.5 241.9 243.7 247.1 251.6 251.3 251.9 250.7 253.2 254.5 255.4 256.7 259.1 260.6 260.2 262.0 263.0 264.0 263.8 264.1 265.8 268.9 270.4 271.0 271.2 272.1 272.4 271.0 271.3 269.3 269.3 268.4 272.1 269.2 271.5 272.3 -SMALL TIME DEPOSITSAT CB'S 352.0 352.9 354.0 354.6 354.8 355.5 355.9 355.5 355.5 356.0 356.6 357.0 357.5 358.0 357.4 357.3 358.7 359.3 360.1 361.1 362.1 363.3 364.2 365.9 367.0 368.1 369.2 370.1 371.6 372.8 374.6 376.6 378.6 379.8 380.7 381.5 382.3 383.2 384.2 385.1 385.6 385.8 385.7 385.6 386.5 386.7 386.7 386.9 387.1 387.3 387.2 387.1 386.9 AT 98.0 99.4 101.1 102.5 103.9 105.1 106.5 107.5 108.3 108.9 110.1 110.1 110.7 111.5 112.8 114.1 114.9 116.1 117.0 118.6 119.9 121.3 122.0 123.0 123.9 125.2 126.6 127.6 129.1 130.9 132.1 133.1 134.6 134.9 134.9 134.6 133.9 134.4 136.0 137.7 138.6 139.6 140.9 142.3 142.5 143.5 144.0 145.0 145.1 145.7 146.6 147.7 148.6 TABLE 12 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -MMDAS AT CB'S 1 9 8 5 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 SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 7 14 21 28 4 11 18 25 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 276.1 280.0 281.9 283.5 286.2 288.5 289.9 291.1 293.0 294.0 294.3 294.5 295.7 297.7 298.3 295.7 294.4 295.3 297.4 299.3 300.9 303.6 306.7 308.5 308.6 309.9 311.7 313.2 313.8 314.9 316.1 317.2 318.2 319.0 320.0 321.7 322.4 321.0 321.6 323.2 324.6 324.8 325.6 327.5 328.9 329.9 330.5 330.9 332.4 333.1 332.6 333.4 AT THRIFTS 155.5 157.2 157.9 158.9 160.7 162.8 164.0 165.2 167.0 168.5 168.9 169.1 169.5 170.6 170.1 168.7 168.3 169.5 170.4 170.7 170.8 171.6 172.9 173.0 172.9 173.9 175.8 176.6 177.2 177.8 179.0 179.9 180.2 180.4 180.9 181.8 181.8 181.3 181.6 182.9 183.4 183.6 183.4 183.8 184.3 184.0 183.6 183.7 184.2 183.6 183.0 182.9 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 398.2 401.6 402.9 404.1 406.9 409.4 410.6 411.6 413.6 414.9 415.2 415.4 416.9 419.6 419.6 416.5 415.1 416.8 419.4 421.4 423.1 426.3 430.3 432.0 432.0 433.6 436.7 438.2 438.7 439.3 440.7 442.0 442.6 443.1 443.8 446.1 446.6 444.9 445.5 448.5 449.8 449.8 450.3 452.2 453.7 454.7 455.1 455.2 457.0 457.1 456.0 456.8 317.8 319.2 319.2 319.6 322.0 324.3 325.3 326.1 329.0 331.0 331.7 331.4 333.1 335.3 333.8 331.6 330.6 333.0 334.3 334.6 334.5 336.2 338.8 338.8 338.5 340.6 344.0 344.8 345.1 345.1 347.0 348.2 348.2 347.8 348.1 349.7 349.9 349. Z 350.0 353.7 354.6 354.9 354.0 355.5 356.5 356.3 355.6 356.2 357.2 355.9 354.7 354.6 -—SMALL TIME D E P O S I T S - AT AT THRIFTS CB'S 387.0 386.7 386.2 385.4 384.7 384.5 384.2 383.6 383.4 383.3 383.5 383.9 384.4 383.4 383.0 384.3 384.6 384.7 384.9 385.4 386.0 386.1 386.5 386.9 387.2 387.3 387.7 387.3 387.1 386.8 386.7 386.4 386.2 385.9 385.9 385.7 385.8 385.6 385.7 386.0 385.4 384.9 384.3 384.0 384.2 384.0 384.2 384.3 384.4 384.5 384.7 384.6 504.4 504.3 503.8 503.1 502.5 501.7 501.0 499.9 498.6 497.7 497.2 497.2 499.6 498.3 496.9 497.3 497.4 497.5 497.5 497.6 497.8 498.2 498.5 498.1 498.6 501.2 501.1 500.3 499.5 498.7 498.3 497.8 497.1 496.6 496.3 495.9 495.3 495.3 497.6 498.8 498.1 497.3 497.3 497.5 497.8 498.0 498.3 498.9 498.9 498.7 499.1 500.9 — LARGE T I ME D E P O S I T S - AT AT THRIFTS CB'S 269.5 269.0 266.6 265.6 265.1 267.5 267.7 269.4 270.5 272.0 272.9 274.9 275.4 274.5 273.5 273.4 274.5 273.4 273.8 273.1 273.4 272.3 271.6 271.0 269.4 268.3 267.3 267.3 268.8 269.4 269.0 271.5 272.5 275.4 275.5 275.8 277.9 279.2 281.0 282.3 282.4 280.8 281.3 282.3 283.0 281.7 283.9 284.4 284.6 285.3 285.0 286.5 148.6 149.6 150.1 150.6 151.0 151.1 150.5 149.5 149.0 148.7 148.6 148.7 148.6 148.3 148.2 148.7 149.7 150.1 150.9 151.1 151.8 151.1 151.3 150.8 150.5 149.9 149.3 148.9 148.5 148.8 148.7 148.9 149.4 149.8 150.3 150.1 150.5 150.5 151.0 151.4 151.6 151.1 151.3 151.3 151.7 151.4 151.9 151.5 151.1 151.9 152.1 152.4 TABLE 12 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -MMDAS AT CB'S 1986 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 337.5 338.1 337.5 336.6 336.1 337.2 337.3 338.3 339.0 340.4 341.1 341.3 342.0 345.6 346.9 345.3 344.3 345.4 347.3 349.9 351.4 353.2 355.7 356.9 356.0 356.4 358.7 359.8 360.3 361.1 362.1 363.5 364.9 365.3 366.6 369.4 370.4 368.9 368.6 371.3 373.1 373.7 373.3 374.6 375.7 376.7 377.2 377.9 378.9 379.9 378.9 380.4 AT THRIFTS 183.6 183.5 182.8 182.3 182.4 182.9 183.6 183.6 183.7 184.1 183.8 183.7 183.9 185.2 185.0 183.6 183.2 184.2 185.4 185.7 186.4 187.2 188.7 188.7 188.8 188.7 190.1 190.7 190.8 190.9 191.7 192.4 192.3 192.3 192.5 193.4 193.1 192.8 192.7 193.5 194.8 195.2 195.4 195.6 196.0 196.1 195.8 195.8 196.4 195.8 195.0 194.8 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 463.6 462.9 461.7 460.5 459.9 461.4 461.4 462.4 463.2 465.3 466.3 466.8 467.9 473.3 474.6 472.4 471.8 473.9 476.8 480.0 482.1 484.4 488.2 489.7 488.8 489.4 493.8 495.1 496.2 496.8 498.5 500.9 502.8 503.7 505.4 509.5 511.3 510.6 511.1 516.5 519.4 520.8 520.9 523.1 525.5 527.5 528.6 530.1 532.4 533.9 533.3 535.7 356.9 356.7 355.6 354.6 355.2 356.6 356.7 356.6 357.4 359.0 359.5 359.6 361.2 364.6 364.3 362.4 362.2 365.3 368.1 368.9 370.0 371.9 375.4 376.1 375.9 376.8 381.1 382.4 382.5 382.3 384.2 386.1 386.3 386.0 386.5 389.2 390.0 390.1 390.7 394.9 397.5 398.1 398.4 399.5 401.8 402.6 402.3 403.2 405.0 404.4 403.3 403.2 — S M A L L TIME DEPOSITS— AT AT THRIFTS CB'S 386.5 386.7 387.0 387.1 387.4 387.7 387.6 387.6 387.4 387.8 388.0 387.9 387.7 386.6 385.7 385.5 385.0 384.2 383.6 383.1 382.6 382.1 382.0 381.7 381.6 381.6 382.0 381.7 381.0 380.8 380.1 380.1 379.5 379.2 378.9 378.6 377.6 376.5 375.7 375.0 373.9 372.3 371.0 370.0 369.1 368.2 367.6 367.5 366.6 366.0 365.2 365.9 503.7 504.0 503.9 503.8 503.9 504.1 503.8 503.6 504.0 504.0 504.2 504.1 506.0 506.7 505.4 504.5 504.2 503.5 502.6 501.0 500.3 500.1 499.6 499.2 499.4 501.4 502.5 501.9 501.2 500.3 500.6 500.1 499.4 498.9 498.9 498.6 497.7 497.0 498.1 499.1 497.5 496.0 494.7 494.0 493.4 492.4 491.4 490.8 489.8 489.0 489.1 489.2 — LARGE T I ME DEPOSITS— AT AT THRIFTS CB'S 292.5 292.9 293.4 294.5 296.4 297.3 297.3 296.1 295.5 295.2 295.6 296.0 296.0 294.0 293.3 291.3 290.5 289.1 289.7 289.9 290.6 289.1 287.6 288.0 287.3 288.2 287.4 286.8 288.7 289.2 288.1 290.0 290.7 292.4 293.1 292.1 292.1 292.7 292.6 291.6 290.8 288.3 288.4 288.1 289.7 288.4 288.8 287.4 287.9 287.7 288.0 292.3 152.1 152.6 152.7 153.1 153.4 153.9 154.1 154.0 154.6 155.6 158.2 158.5 157.2 157.0 156.9 156.9 157.3 157.1 157.5 157.5 157.7 157.3 157.4 157.2 157.2 157.4 157.0 157.5 157.9 158.6 157.4 157.9 158.2 158.5 158.5 157.7 157.6 157.5 158.1 157.1 157.0 156.2 155.8 155.2 154.1 153.6 152.7 152.0 151.2 151.3 150.6 150.1 TABLE 12 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -MMDAS AT CB'S 1 9 8 7 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 384.1 384.5 382.1 380.7 378.9 379.6 378.9 379.3 378.9 379.8 379.6 378.4 377.9 380.0 380.2 376.6 372.3 370.2 369.8 370.2 369.9 370.3 371.0 370.5 367.7 366.1 367.3 367.6 366.9 365.6 365.5 366.2 365.4 365.4 364.5 366.0 366.5 363.0 361.0 361.5 361.6 360.7 360.1 358.8 358.5 358.7 358.8 358.8 360.1 360.2 358.7 357.4 AT THRIFTS 196.1 196.9 196.3 195.6 195.5 196.1 196.1 196.0 196.0 196.3 196.2 195.7 195.1 195.6 195.0 192.6 191.5 191.5 192.0 191.7 191.5 191.1 191.0 189.9 188.4 187.2 187.2 186.8 185.9 185.1 184.4 184.0 183.1 182.0 181.1 181.5 181.0 179.7 178.5 178.2 177.8 177.3 176.0 174.4 173.7 172.8 171.9 171.3 171.4 170.6 169.6 169.0 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 542.3 544.1 542.0 541.1 540.1 542.2 542.3 543.2 543.5 546.1 546.8 546.6 547.1 552.1 553.0 548.4 544.5 543.5 544.4 545.2 545.4 546.1 547.9 547.3 544.3 542.7 546.0 546.3 545.7 544.3 544.2 545.3 544.3 543.5 542.4 544.4 545.2 541.3 539.0 540.8 541.0 539.5 538.5 536.5 536.4 536.4 536.4 536.1 537.6 537.3 535.0 533.7 407.3 410.0 409.7 409.2 409.9 412.7 413.7 413.7 414.9 417.7 418.8 419.2 420.0 424.0 424.4 421.1 420.3 422.0 424.2 424.4 424.3 424.9 426.8 426.0 424.1 422.9 425.7 425.0 423.6 421.8 421.1 421.2 419.8 417.7 416.4 417.4 417.1 415.3 413.7 415.3 414.9 413.4 410.5 408.0 407.1 405.6 403.5 402.1 402.6 400.9 398.7 396.6 - - - S M A L L TIME DEPOSITS— AT AT THRIFTS CB'S 366.4 366.1 365.6 364.9 364.2 363.8 363.4 362.5 362.2 361.8 361.2 360.7 360.2 358.5 357.3 356.8 356.3 356.0 356.2 356.8 357.4 358.2 359.6 360.7 361.7 362.7 364.3 365.2 365.8 366.5 367.7 368.4 368.7 369.3 369.7 370.3 370.4 371.0 371.7 373.4 375.0 375.7 377.8 380.6 382.9 384.2 384.9 385.5 386.3 386.8 387.1 388.0 491.1 491.3 490.4 489.6 489.3 488.8 488.5 487.8 487.5 486.7 486.0 485.4 486.2 486.1 485.6 484.8 483.4 483.0 483.0 483.0 482.7 483.8 485.4 486.6 487.8 490.2 492.9 494.0 495.1 496.0 496.4 498.1 499.3 499.9 500.6 502.4 502.5 503.9 505.6 508.5 510.1 510.6 512.2 515.9 518.8 521.3 523.4 525.0 526.7 528.3 530.0 531.2 — -LARGE TIME AT CB'S 293.3 292.4 293.0 293.0 292.3 293.4 296.0 296.5 297.5 298.4 299.7 300.5 302.5 302.5 302.6 301.4 303.7 305.4 307.6 308.2 311.2 311.1 311.9 312.6 311.1 312.4 309.2 310.8 310.7 311.7 312.0 314.0 313.3 315.6 315.8 316.2 316.5 317.1 318.4 317.2 319.2 318.8 321.3 323.3 325.7 324.9 324.9 324.0 323.6 325.7 325.6 327.1 DEPOSITS— AT THRIFTS 149.1 149.4 150.0 149.9 149.1 149.2 148.8 148.8 149.0 148.3 147.5 147.4 146.8 145.3 144.3 143.9 144.3 144.6 145.5 145.6 146.4 145.6 146.4 146.7 146.8 147.8 147.0 147.9 148.3 149.3 149.8 150.4 151.4 152.2 152.1 152.8 153.1 154.7 155.6 156.2 157.2 157.4 159.3 160.0 160.7 160.7 161.6 161.6 162.4 162.8 164.7 164.5 TABLE 12 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -MMDAS AT CB'S 1 9 8 8 JAN JAN JAN JAN FEB FEB FEB FEB FEB MAR 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 OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 29 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 358.6 361.1 360.4 359.0 358.5 359.5 359.9 360.5 360.2 361.6 362.2 361.7 361.5 363.1 364.6 362.9 358.0 356.2 356.9 357.6 358.7 358.6 361.6 362.3 360.5 359.7 361.1 361.2 361.1 359.7 359.2 359.3 359.2 357.8 356.6 357.3 357.3 355.2 352.5 352.0 353.9 355.5 352.8 352.6 355.3 355.6 355.1 353.6 354.2 354.5 353.6 351.9 AT THRIFTS 169.1 169.0 168.2 167.2 166.7 166.8 166.3 166.0 165.6 166.3 166.5 166.5 166.3 166.8 167.2 165.6 164.6 164.3 165.2 165.3 165.2 165.0 165.8 165.6 164.7 163.9 164.1 164.5 164.1 163.5 163.1 163.2 162.9 162.1 161.1 160.8 160.3 158.8 157.5 157.4 157.5 157.0 156.1 155.5 155.8 155.6 154.9 152.8 152.8 152.5 151.6 150.8 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 536.8 540.0 538.9 537.4 537.1 538.9 539.5 540.6 540.4 543.0 544.7 545.1 545.2 548.6 551.2 547.9 542.7 541.5 543.7 545.2 546.9 547.0 551.2 552.4 550.7 550.0 552.8 553.5 553.3 551.7 551.0 551.6 550.9 549.1 547.2 548.1 548.1 545.4 542.4 542.6 545.1 546.2 543.1 542.8 548.6 548.7 547.8 545.7 545.8 545.8 544.2 541.4 399.0 399.0 397.3 395.4 394.5 395.4 394.9 394.0 393.5 396.0 397.2 397.7 397.7 400.9 402.1 398.9 396.7 397.1 399.5 400.2 400.1 399.6 402.2 402.5 401.2 399.8 402.1 403.1 402.1 400.3 399.2 399.6 398.7 396.7 394.2 394.2 393.6 391.2 388.8 389.8 390.7 389.7 387.7 386.1 386.8 386.3 384.7 383.1 383.6 382.8 380.9 378.8 — -SMALL TIME DEPOSITS— AT AT THRIFTS CB'S 389.0 390.2 391.4 392.3 393.2 395.0 396.1 396.8 397.8 399.5 400.1 400.8 401.4 401.8 402.0 402.2 402.9 403.4 404.4 405.0 405.4 406.1 406.9 408.2 409.4 410.7 412.1 413.2 414.0 414.9 416.0 417.7 418.7 419.8 421.0 422.5 424.3 426.3 427.8 429.8 432.0 433.1 434.2 435.0 437.1 438.9 440.2 441.5 442.8 444.7 445.8 447.4 534.3 537.7 540.7 542.9 546.7 550.1 552.5 553.7 555.2 556.7 557.4 557.8 558.6 560.6 561.4 561.9 562.1 562.5 563.0 563.1 563.3 563.5 563.9 563.4 564.0 565.0 567.5 568.1 568.3 568.0 568.7 569.5 569.8 569.9 570.7 572.0 572.8 574.0 574.9 578.1 580.1 580.5 581.2 581.9 583.4 583.9 583.7 583.8 584.0 584.4 583.9 585.0 — -LARGE TIME AT CB'S 328.0 323.8 324.1 321.0 322.9 326.1 328.9 328.3 330.3 331.3 332.5 332.0 333.3 333.3 330.9 329.0 329.3 329.7 330.6 332.8 333.5 335.9 334.5 337.1 337.5 340.5 338.6 341.2 343.6 345.6 346.9 348.7 351.5 353.1 356.9 356.7 358.2 358.0 359.9 361.5 363.5 362.4 364.1 363.4 363.9 364.3 363.9 362.9 363.9 365.9 364.1 367.2 DEPOSITS— AT THRIFTS 163.7 164.3 165.1 165.9 164.9 165.3 165.7 165.4 165.0 165.2 165.7 166.4 166.6 166.8 166.9 166.6 166.9 167.4 167.7 168.4 168.7 168.3 167.7 167.9 167.8 167.7 168.5 168.5 168.7 168.9 168.9 169.6 170.1 170.8 172.0 173.4 174.6 175.3 176.0 175.9 177.1 177.6 177.8 177.9 177.9 177.4 177.2 177.5 175.7 175.2 175.1 175.3 TABLE 12 MONEY STOCK MEASURES AND COMPONENTS - WEEKLY BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -MMDAS AT CB'S JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY 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 2 9 16 23 30 6 13 20 27 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 351.7 353.6 350.7 348.2 343.8 344.8 344.3 343.3 342.7 342.1 342.2 341.5 339.6 340.5 341.9 339.8 334.0 330.2 328.4 328.4 327.7 327.0 329.5 330.9 329.1 327.3 328.9 331.9 331.7 331.4 332.3 335.1 337.0 337.0 337.0 339.5 341.1 340.8 338.0 339.3 341.8 343.3 344.0 344.2 349.5 351.8 352.8 352.6 355.3 356.9 357.2 355.7 AT THRIFTS 150.4 150.5 149.1 147.4 146.0 145.5 144.8 143.8 142.9 142.9 142.5 141.6 140.7 140.0 139.5 137.4 134.6 133.2 132.7 132.1 131.5 130.9 131.4 131.3 130.5 129.8 130.1 131.1 131.0 130.8 130.7 131.7 132.0 131.6 131.3 131.8 132.5 132.3 131.6 131.9 133.1 133.1 132.5 132.5 133.6 134.0 133.5 133.3 133.7 134.2 133.8 133.1 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 541.8 544.1 540.3 536.9 532.0 532.9 532.6 531.2 530.3 530.1 530.5 529.0 527.0 528.7 530.4 526.3 518.8 514.5 512.6 512.3 511.5 510.3 513.2 514.7 512.4 510.4 512.9 517.2 516.3 515.8 516.3 519.8 521.6 521.5 521.1 523.7 525.7 525.3 522.0 524.0 527.7 529.2 529.8 530.2 535.5 537.9 539.0 538.8 542.0 543.5 543.4 541.5 379.7 380.0 377.6 374.0 371.1 371.0 369.8 367.9 366.1 367.1 367.2 366.0 364.5 365.3 364.4 359.9 353.9 351.4 351.6 350.8 349.2 347.8 349.4 349.7 348.4 346.6 348.3 350.2 349.6 347.7 346.6 348.2 348.4 347.0 345.6 347.1 348.3 347.8 346.1 347.4 350.2 350.0 348.3 347.3 349.7 350.4 348.8 347.6 348.4 348.9 347.8 345.5 - - - S M A L L TIME D E P O S I T S - AT AT THRIFTS CB'S 449.6 452.9 455.7 458.0 460.3 463.3 465.6 467.9 469.6 472.3 475.3 478.1 480.4 482.3 485.0 486.9 489.3 491.7 494.6 497.0 499.1 500.7 502.0 503.6 504.9 505.6 506.9 508.3 509.5 509.7 510.1 512.1 513.0 513.8 514.5 515.2 515.6 516.3 516.9 517.5 518.5 521.4 524.1 523.7 523.8 524.7 526.7 527.3 528.1 529.0 529.2 529.6 588.1 590.1 591.3 592.1 593.6 594.7 594.2 594.1 593.2 593.7 593.7 593.2 593.4 596.4 598.3 599.2 600.7 602.6 604.4 606.0 607.6 609.3 610.8 613.2 614.2 615.3 619.1 620.9 621.5 622.4 622.4 623.6 623.6 623.3 622.9 622.8 622.0 621.0 621.2 623.0 623.8 621.2 618.0 618.1 618.7 618.9 617.6 616.8 617.0 616.6 615.4 615.1 — -LARGE TIME AT CB'S 368.6 365.9 368.7 369.9 370.4 373.2 376.1 377.6 378.0 380.5 385.0 386.0 388.2 388.5 389.8 388.0 388.6 388.2 391.3 391.6 392.6 395.0 392.8 393.7 393.5 391.7 390.5 391.3 392.7 394.2 395.5 395.4 395.8 395.7 396.5 397.0 396.7 397.8 397.0 396.7 398.1 397.9 399.5 399.6 398.6 400.6 401.3 399.5 397.4 397.2 396.9 396.8 DEPOSITS-AT THRIFTS 174.7 175.6 175.5 175.7 175.7 175.2 174.7 175.3 175.5 174.5 174.2 174.0 174.0 174.1 175.2 174.9 175.3 176.2 177.3 177.5 177.0 177.7 177.9 177.7 177.1 175.9 175.8 175.7 175.5 175.3 174.9 174.5 174.6 173.6 173.8 173.1 172.4 171.8 170.1 169.9 169.2 168.4 167.1 166.5 165.8 165.3 164.6 164.2 164.0 163.1 162.4 160.9 TABLE 12 MONEY STOCK MEASURES AND COMPONENTS - HEEKLY BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -MMDAS AT CB'S 1 9 9 0 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 1 8 15 22 29 5 12 19 26 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 356.8 360.2 359.5 357.6 355.0 357.2 359.4 360.1 359.5 360.6 , 362.4 363.0 363.6 365.0 367.9 367.7 362.8 360.1 360.6 362.6 363.4 363.8 366.6 368.8 369.2 366.1 366.6 369.7 370.3 368.9 368.4 371.0 373.0 375.3 374.2 375.6 378.3 376.5 373.8 374.0 376.3 377.5 375.9 376.0 377.9 380.6 381.8 380.5 381.6 383.8 384.1 381.2 379.5 AT THRIFTS 133.2 134.1 134.0 133.3 133.0 133.6 134.0 134.0 133.8 134.7 135.3 135.4 135.3 135.7 136.5 135.6 133.9 133.2 133.7 133.8 133.1 131.9 132.2 132.7 132.2 131.1 130.7 131.2 131.3 130.6 130.2 130.6 131.2 130.8 131.1 131.6 131.9 131.5 130.4 129.6 129.7 129.9 129.6 129.2 130.1 130.5 130.3 129.8 129.4 129.4 128.8 127.9 128.1 SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 543.5 548.5 547.6 545.8 543.0 546.1 548.9 549.9 549.5 551.6 554.1 555.4 555.2 558.1 562.2 560.9 554.6 551.8 553.2 555.3 556.7 557.4 561.6 564.3 564.2 560.9 562.7 567.3 567.7 565.9 564.8 567.8 569.9 571.9 570.2 571.5 574.6 572.6 569.0 570.2 575.0 575.9 574.0 573.3 575.6 578.6 579.7 578.2 579.2 581.8 581.9 578.6 577.4 347.0 349.2 349.0 347.2 346.0 347.5 348.6 348.7 347.8 350.0 352.0 352.4 352.2 354.1 356.8 355.2 351.2 349.9 352.0 352.8 351.4 349.0 350.3 351.5 350.8 348.6 349.1 351.1 350.9 348.9 347.3 348.7 349.1 347.8 346.2 346.9 347.4 346.7 344.4 343.7 344.5 344.4 343.1 341.5 342.9 343.1 342.1 340.6 340.1 340.0 338.5 335.6 335.6 - - - S M A L L TIME DEPOSITS— AT AT THRIFTS CB'S 531.1 532.4 534.0 535.0 535.3 537.0 539.2 540.0 540.4 541.3 542.5 542.4 543.0 544.6 544.7 545.4 547.7 550.1 552.2 554.1 556.9 560.2 563.0 565.9 567.9 569.8 573.3 577.4 578.0 579.0 579.3 580.0 580.6 581.2 581.7 581.7 583.7 585.3 586.1 590.0 596.4 596.4 595.9 595.5 596.0 597.0 598.1 599.3 601.1 604.0 606.3 608.7 607.6 616.2 617.0 616.6 615.5 615.1 614.2 612.4 611.6 611.3 611.2 610.4 609.8 609.3 611.0 610.8 609.2 606.7 604.8 603.2 601.6 599.4 596.1 594.1 592.0 591.0 589.4 589.3 587.7 586.9 586.5 586.4 586.5 586.0 583.6 582.8 583.3 582.1 580.3 579.0 577.7 574.0 572.9 572.1 571.9 571.7 571.2 569.8 568.8 567.4 564.7 562.0 559.6 561.2 — L A R G E TIME AT CB'S 397.3 396.0 396.6 395.2 394.6 394.0 395.6 394.4 394.1 393.7 396.2 393.9 394.4 391.1 390.6 389.2 388.0 386.2 388.6 389.9 390.1 392.3 389.9 391.3 389.8 388.7 386.8 389.9 389.8 389.7 388.7 388.0 388.6 388.3 387.9 386.9 384.6 384.4 381.8 379.6 380.1 379.5 379.2 380.0 378.9 381.8 378.6 378.7 375.4 375.0 373.9 372.6 369.7 DEPOSITS-AT THRIFTS 160.2 159.9 159.0 157.9 156.6 155.3 155.0 154.1 152.8 151.9 150.8 149.6 149.2 148.9 148.2 146.9 144.8 144.3 144.0 143.5 142.7 142.0 141.3 140.4 139.0 138.2 137.2 135.7 135.0 134.6 134.2 133.8 133.2 132.3 132.2 132.0 131.7 130.8 129.9 129.7 129.0 128.5 128.0 127.2 126.7 126.2 125.2 124.2 122.9 121.6 120.9 119.8 119.1 TABLE 12 MONEY STOCK MEASURES AND COMPONENTS - HEEKLY BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -MMDAS AT CB'S 1 9 9 1 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 SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC JAN 7 14 21 28 4 11 18 25 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 382.4 382.5 380.5 379.1 381.0 385.0 385.9 385.9 387.3 390.6 392.8 392.0 392.7 396.2 398.2 392.9 390.3 392.6 396.3 397.3 397.3 400.0 404.7 405.1 401.1 401.2 405.1 407.3 405.2 405.4 407.1 410.2 410.5 410.1 410.8 414.4 414.8 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA AT THRIFTS 129.0 128.9 128.2 127.9 128.4 128.6 128.7 128.5 129.4 130.4 131.0 131.1 131.6 133.1 133.3 132.2 132.1 133.4 134.4 135.0 135.3 135.6 136.7 137.2 136.5 136.4 137.7 138.5 138.0 137.6 137.7 137.8 137.8 137.2 137.3 137.9 137.7 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA SAVINGS DEPOSITS + MMDAS AT AT THRIFTS CB'S 582.6 582.9 580.7 579.2 581.8 586.5 588.1 588.8 591.7 596.3 599.6 599.6 601.9 607.5 609.1 602.7 600.4 604.0 608.9 610.5 610.8 615.0 621.7 622.4 618.2 619.4 625.3 627.9 625.9 625.8 628.4 632.3 632.8 632.1 632.8 637.4 638.0 634.5 633.9 641.6 645.2 644.7 645.8 649.5 654.1 657.1 656.4 657.0 663.0 665.4 661.2 660.5 667.0 338.2 337.7 336.5 335.6 337.1 338.8 338.9 338.5 341.1 343.9 345.4 346.0 348.4 352.5 352.6 350.4 350.2 353.8 356.0 357.1 357.4 358.5 361.1 362.1 360.8 361.6 365.1 365.9 364.8 363.6 364.9 365.3 365.0 363.4 363.9 365.8 365.8 364.7 364.5 367.4 369.0 369.2 368.7 371.1 373.0 373.6 372.9 374.6 376.6 377.0 375.6 375.8 380.2 - - - S M A L L TIME D E P O S I T S - AT AT THRIFTS CB'S 609.2 611.8 613.3 613.5 614.1 616.5 618.0 620.0 619.9 620.5 620.3 619.6 618.8 617.9 616.7 616.4 616.0 615.7 614.7 613.9 613.1 614.8 616.0 615.3 614.9 616.3 617.1 616.7 617.3 618.0 619.4 621.0 621.5 621.0 620.2 619.9 619.2 618.9 618.0 618.8 616.7 614.6 612.4 610.5 609.3 607.6 605.7 603.6 601.6 599.8 598.2 596.3 595.0 563.2 561.4 559.8 558.8 558.4 557.7 555.1 551.4 550.5 548.3 546.5 545.1 545.4 544.8 542.8 540.8 538.6 537.2 535.4 533.7 531.6 527.2 523.6 521.4 519.0 518.3 516.9 513,9 510.5 507.3 504.1 501.1 498.6 497.2 496.0 494.4 491.8 489.2 487.9 485.9 484.3 482.0 479.5 478.0 476.6 474.8 472.6 471.4 469.2 467.2 465.0 464.6 464.4 — LARGE TIME AT CB'S 371.6 376.1 377.7 380.6 379.5 383.5 384.7 385.2 384.4 384.6 383.7 381.5 377.9 379.4 378.6 377.9 377.8 378.0 379.2 380.4 382.7 382.0 382.8 382.3 378.5 371.2 372.9 374.6 372.9 374.9 374.6 374.6 373.3 373.6 373.5 370.0 370.7 368.2 368.6 368.0 361.7 360.8 361.3 359.9 358.5 357.0 356.5 354.5 354.0 352.7 350.7 348.6 346.2 DEPOSITS— AT THRIFTS 118.2 117.3 116.3 115.6 115.1 114.8 114.1 113.3 112.5 111.4 110.9 110.2 110.5 109.7 108.6 106.9 105.7 105.7 105.2 104.6 104.0 103.0 102.0 101.0 99.8 99.1 98.7 97.9 96.9 95.9 95.3 94.5 93.8 93.3 93.0 92.7 91.2 89.4 89.3 89.1 87.9 86.9 86.3 86.0 85.7 85.1 84.5 84.1 83.7 83.2 82.1 81.9 81.8 TABLE 13 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS MMMF S GENERAL PURPOSE &BROKER DEALER 975 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA INSTI TUTION -ONLY NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA GENERAL PURPOSE &BROKER DEALER NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NSA NSA INSTI TUTION ONLY OVERNIGHT RPS NET NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 4.7 5.0 5.3 5.8 5.5 5.7 6.1 6.0 6.0 5.6 5.3 5.8 6.2 5.4 5.7 5.5 6.9 6.6 5.9 6.2 6.3 5.9 5.5 5.3 6.2 6.8 6.0 6.0 6.1 6.6 5.8 5.5 6.1 6.5 6.9 6.0 6.4 7.1 8.1 6.7 6.1 6.0 6.6 7.3 6.7 6.4 6.7 6.3 5.7 5.7 6.1 6.0 OVERNIGHT EUROS NET NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA TERM RP'S AT CB'S NET TERM RPS AT THRIFTS 5.6 6.0 6.3 6.9 6.5 6.7 7.2 7.2 7.1 6.7 6.3 7.0 7.5 6.5 6.8 6.6 8.2 7.9 7.1 7.4 7.5 7.1 6.6 6.4 7.4 8.2 7.1 7.2 7.3 7.9 6.9 6.6 7.4 7.8 8.2 7.2 7.6 8.5 9.6 8.0 7.3 7.2 7.8 8.7 8.0 7.6 8.0 7.5 6.8 6.8 7.3 7.1 1.0 1.0 1.0 1.0 1.0 1.0 1.0 0.9 0.9 0.9 0.9 0.9 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 1.0 1.0 1.0 1.0 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.2 TERM EUROS NET NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA TABLE 13 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS MM MF GENERAL PURPOSE &BROKER DEALER 1976 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR 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 OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA SA • s ■ INSTI TUTION -ONLY NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NSA NSA GENERAL PURPOSE &BROKER DEALER NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA INSTI TUTION ONLY OVERNIGHT RPS NET NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 5.6 5.8 6.0 6.9 6.8 5.7 6.6 7.5 7.4 6.9 6.4 7.3 7.3 6.2 7.0 7.4 8.9 9.4 8.5 9.2 9.4 9.4 8.5 7.9 8.0 9.0 8.5 7.7 8.1 8.7 10.0 9.5 10.2 10.9 10.5 9.9 9.5 9.0 10.3 9.1 8.7 8.8 9.5 9.7 9.3 9.5 10.7 10.9 10.6 10.3 10.0 12.2 OVERNIGHT EURO$ NET NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA TERM RP'S AT CB'S NET TERM RPS AT THRIFTS 6.7 6.9 7.1 8.2 8.1 6.8 7.9 8.9 8.7 8.3 7.6 8.7 8.7 7.4 8.4 8.7 10.6 11.2 10.1 10.9 11.2 11.1 10.1 9.3 9.5 10.7 10.1 9.1 9.6 10.3 11.8 11.3 12.1 12.9 12.4 11.7 11.2 10.7 12.2 10.8 10.2 10.4 11.3 11.5 11.0 11.3 12.7 12.9 12.5 12.2 11.9 14.4 1.2 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 TERM EURO$ NET NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA TABLE 13 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS SA GENERAL PURPOSE &BROKER DEALER 1977 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR 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 OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA ,__ NSA INSTI TUTION -ONLY NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA GENERAL PURPOSE &BROKER DEALER NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA INSTI TUTION ONLY OVERNIGHT NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 9.6 9.5 9.6 NA . NA NA NA NA NA NA NA NA NA NA NA NA NA NA RPS NET 10.0 10.1 9.3 9.8 10.3 11.1 10.6 10.2 10.4 11.6 9.4 9.2 10.8 12.3 12.4 12.4 12.3 12.7 12.0 11.7 11.7 11.3 12.7 11.5 11.1 11.7 13.1 13.2 12.7 12.4 12.5 13.2 12.5 12.9 12.1 14.1 13.1 12.3 12.0 13.1 13.4 13.4 13.4 14.4 14.6 14.3 13.8 13.1 14.8 OVERNIGHT EURO$ NET NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA KIQA _«._. TERM RP'S AT CB'S NET 11.4 11.3 11.3 11.9 12.0 11.0 11.6 12.3 13.2 12.5 12.1 12.3 13.8 11.2 10.9 12.8 14.5 14.6 14.6 14.5 15.0 14.2 13.8 13.8 13.4 15.0 13.6 13.1 13.8 15.5 15.5 15.0 14.7 14.9 15.6 14.9 15.4 14.5 16.7 15.5 14.5 14.2 15.5 15.9 15.9 15.9 17.1 17.3 16.9 16.4 15.5 17.5 TERM RPS AT THRIFTS 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.6 1.6 1.6 1.7 1.7 1.8 1.8 1.8 1.8 1.8 1.9 1.9 1.9 1.9 1.9 1.9 2.0 2.0 2.0 2.1 2.1 2.1 2.1 2.2 2.2 2.2 2.3 2.3 2.4 2.4 2.4 2.5 TERM EUROS NET NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA TABLE 13 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS _ GENERAL PURPOSE &BROKER DEALER JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY 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 2 9 16 23 30 6 13 20 27 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA O NSA INSTI TUTION -ONLY NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA GENERAL PURPOSE &BROKER DEALER NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA INSTI TUTION ONLY OVERNIGHT RPS NET NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 13.4 13.0 13.2 13.8 13.7 13.3 13.3 14.5 13.9 14.0 14.2 14.4 15.7 14.0 13.7 14.3 15.0 15.0 15.6 15.1 14.6 14.7 12.8 13.2 13.4 14.7 14.4 12.6 14.4 14.9 15.1 14.9 14.8 15.6 16.2 15.3 14.2 14.0 17.0 16.1 14.7 15.1 16.5 16.7 15.8 16.1 17.8 18.3 18.7 18.6 18.1 19.6 OVERNIGHT EURO$ NET NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA TERM RP'S AT CB'S NET 15.9 15.3 15.6 16.4 16.3 15.9 15.8 17.3 16.6 16.6 16.9 17.1 18.6 16.6 16.2 17.0 17.7 17.8 18.5 17.9 17.4 .17.4 15.2 15.7 15.8 17.4 17.1 14.9 17.0 17.6 17.8 17.6 17.5 18.5 19.1 18.2 16.8 16.6 20.1 19.0 17.4 18.1 19.9 20.3 19.4 19.7 21.5 22.0 22.2 22.0 21.4 23.2 TERM RPS AT THRIFTS 2.5 2.5 2.5 2.6 2.6 2.6 2.6 2.7 2.7 2.7 2.7 2.8 2.8 2.9 2.9 3.0 3.0 3.1 3.2 3.2 3.3 3.3 3.4 3.4 3.4 3.4 3.5 3.5 3.5 3.5 3.5 3.6 3.6 3.6 3.6 3.6 3.6 3.7 3.7 3.7 3.7 3.7 3.8 3.8 3.8 3.9 3.9 3.9 4.0 4.0 4.1 4.1 TERM EUROS NET NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA TABLE 13 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS SA GENERAL PURPOSE SBROKER DEALER 1979 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 1 8 15 22 29 5 12 19 26 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA , NSA INSTI TUTION -ONLY NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA GENERAL PURPOSE &BROKER DEALER NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA INSTI TUTION ONLY NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA OVERNIGHT RPS NET 18.2 17.9 18.6 19.0 19.1 18.8 19.8 18.6 19.6 19.1 19.9 20.1 20.3 19.6 19.6 20.3 21.7 21.7 21.8 23.0 22.0 22.7 23.0 22.9 22.2 22.6 21.7 20.7 23.2 22.5 22.5 21.5 22.7 21.7 22.7 23.2 23.0 23.5 23.8 23.5 23.1 22.3 21.8 21.9 20.9 19.4 19.0 18.7 19.7 18.4 18.4 18.3 14.4 OVERNIGHT EUROS NET NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 5.1 M<^A - —- TERM RP'S AT CB'S NET 21.6 21.2 22.0 22.5 22.7 22.2 23.5 22.2 23.4 22.9 24.0 24.2 24.5 23.6 23.6 24.4 26.0 26.0 26.0 27.6 26.5 27.4 27.9 27.8 26.8 27.1 26.0 24.6 27.6 26.9 26.8 25.6 27.2 26.0 27.3 27.9 27.7 28.3 28.6 28.2 27.8 27.0 26.6 26.8 25.8 24.2 23.8 23.5 24.8 23.4 23.4 23.3 25.0 TERM RPS AT THRIFTS 4.2 4.2 4.2 4.2 4.2 4.1 4.1 4.1 4.0 4.0 4.0 4.0 4.0 4.0 4.1 4.1 4.1 4.2 4.2 4.2 4.2 4.2 4.3 4.3 4.4 4.4 4.5 4.6 4.7 4.7 4.8 4.9 4.9 5.0 5.0 5.0 5.1 5.1 5.2 5.2 5.2 5.2 5.2 5.2 5.1 5.1 5.0 5.0 5.0 5.0 5.0 5.0 5.0 TERM EURO$ NET NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 47.3 TABLE 13 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS SA GENERAL PURPOSE &BROKER DEALER 1980 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 7 14 21 28 4 11 18 25 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NSA - M<i A INSTI TUTION -ONLY GENERAL PURPOSE &BROKER DEALER INSTI TUTION ONLY OVERNIGHT RPS NET OVERNIGHT EUROS NET TERM RP'S AT CB'S NET TERM RPS AT THRIFTS NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 43.0 43.0 44.4 45.5 47.1 47.9 48.4 48.8 48.6 48.1 48.1 47.8 47.9 47.8 49.3 50.8 52.3 53.3 54.6 55.7 56.5 57.4 58.0 59.0 59.7 60.2 60.8 61.4 61.6 61.8 61.6 61.2 61.2 61.1 61.2 61.1 61.4 61.3 61.5 62.2 62.3 62.2 62.0 61.8 61.9 62.0 61,8 61.1 NA NA NA NA 11.5 11.5 11.8 12,0 12.2 12.1 11.8 12.0 12.0 11.8 11.8 11.7 11.9 12.4 13.3 14.0 14.9 15.6 16.3 17.0 17.8 18.4 19.2 19.7 20.0 20.3 20.6 20.7 20.6 20.1 19.4 18.6 18.3 18.2 17.8 17.2 17.0 16.7 16.5 16.3 16.1 15.9 15.8 15.5 15.4 15.3 15.2 14.9 16.2 16.8 16.4 17.0 16.9 16.8 18.5 17.3 18.4 19.4 19.9 18.5 18.2 14.8 16.6 16.9 16.8 17.0 15.4 16.9 17.7 19.6 17.3 17.7 20.2 21.3 20.5 22.5 23.4 22.5 23.2 21.1 22.6 23.5 25.3 23.2 23.1 23.6 23.6 23.2 21.2 23.5 24.4 23.9 22.8 24.0 24.3 22.3 25.2 25.2 23.9 19.9 5.4 5.4 5.4 5.3 4.4 3.9 4.8 4.8 4.9 4.2 4.3 4.0 4.5 3.5 3.6 3.4 4.1 4.0 3.9 4.1 4.4 4.3 3.6 3.9 4.1 4.7 4.8 4.5 4.5 5.2 4.9 4.6 4.4 4.9 4.9 4.4 5.1 5.0 5.6 5.4 5.7 5.5 5.4 5.2 4.9 5.2 5.5 4.7 4.1 5.2 4.6 5.5 22.3 22.8 22.7 23.5 22.4 24.5 22.4 22.1 21.9 22.3 20.2 21.1 21.0 22.3 21.2 20.4 19.8 21.3 21.7 19.6 20.6 21.1 22.8 20.3 21.0 20.9 21.2 22.7 22.4 24.8 25.2 26.0 24.1 25.0 25.1 24.9 23.9 24.0 25.4 24.3 26.0 25.2 26.8 26.0 25.7 24.4 25.7 28.2 25.1 24.6 26.3 30.5 4.9 4.9 4.9 4.9 4.9 5.0 5.0 5.0 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.1 5.0 5.0 5.0 5.0 5.0 5.0 5.0 4.9 4.9 4.9 4.9 4.9 4.9 4.9 5.0 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.8 5.9 5.9 6.0 6.0 6.1 6.1 6.2 TERM EURO$ NET 49.0 51.1 53.1 55.2 56.5 57.2 56.6 57.0 56.5 56.8 56.4 56.3 55.5 56.3 56.1 56.3 55.5 56.3 56.9 57.1 57.3 51.0 51.2 50.3 49.6 48.4 49.2 50.1 50.9 50.8 50.3 49.9 49.3 48.2 47.5 47.2 45.6 44.7 43.3 44.1 44.6 45.6 46.3 47.0 47.9 48.3 48.6 49.7 50.5 49.7 50.6 50.2 TABLE 13 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS MMMF 'S OA GENERAL PURPOSE &BROKER DEALER 1981 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA INSTI TUTION -ONLY NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA GENERAL PURPOSE &BROKER DEALER 60.3 61.2 63.4 66.0 67.8 70.2 72.5 74.4 77.1 79.0 81.5 84.3 87.4 90.2 93.6 95.3 96.1 97.1 97.9 98.3 98.3 98.4 99.0 100.4 101.8 103.8 106.0 108.5 111.4 113.8 115.7 117.8 119.8 121.9 123.9 125.8 127.6 129.5 131.7 132.8 133.8 135.4 137.3 139.2 140.0 142.0 144.4 146.7 148.7 150.9 151.7 151.2 KIC A MC A _ INSTI TUTION ONLY 15.0 15.6 16.1 16.7 17.2 17.9 18.6 19.2 20.1 20.6 21.5 22.4 23.6 24.1 24.2 24.2 23.6 23.6 22.8 22.2 22.1 22.0 22.1 22.4 23.0 23.7 23.9 24.2 24.9 24.9 25.2 25.7 26.1 26.5 27.4 27.7 28.4 29.9 31.5 31.3 32.8 32.5 33.1 33.8 33.5 34.5 35.8 37.3 38.2 38.8 38.3 37.6 OVERNIGHT RPS NET 22.6 25.5 25.0 23.8 23.6 22.2 23.0 24.7 27.1 26.1 24.3 23.7 25.1 24.5 24.9 20.3 27.8 27.1 25.3 25.6 26.6 27.8 28.1 28.1 28.0 29.0 24.6 27.6 28.5 28.7 27.9 28.8 28.4 30.2 29.6 27.7 29.2 27.6 26.5 26.1 26.2 27.0 28.3 27.7 27.8 28.5 27.1 24.4 28.9 30.7 29.7 26.2 OVERNIGHT EUROS NET 6.3 5.9 5.7 5.6 5.4 4.7 5.2 4.8 4.7 4.3 5.0 5.5 6.4 6.0 6.1 5.6 5.8 6.4 4.9 6.1 7.2 7.1 6.6 7.3 7.6 7.7 6.7 7.5 7.5 9.1 9.5 9.4 9.0 8.0 8.6 7.2 7.4 7.3 7.4 6.1 5.1 6.0 6.8 6.0 5.9 7.6 7.5 7.1 6.7 6.8 7.7 8.1 TERM RP'S AT CB'S NET 27.5 26.6 28.2 29.2 28.3 28.2 27.6 26.3 25.7 26.3 25.3 25.3 26.3 24.7 24.7 29.2 26.0 25.6 26.6 27.4 27.7 28.2 29.1 29.0 28.0 27.0 31.6 26.3 26.3 25.9 26.3 25.9 25.6 25.5 25.4 25.4 25.4 25.6 26.5 24.7 26.1 24.8 25.8 26.5 26.7 26.7 27.4 31.1 27.0 25.6 26.0 28.4 TERM RPS AT THRIFTS TERM EUROS NET 6.2 6.2 6.2 6.2 6.2 6.1 6.1 6.0 5.9 5.9 5.9 5.9 5.9 6.0 6.1 6.2 6.2 6.3 6.3 6.4 6.4 6.5 6.5 6.5 6.6 6.6 6.6 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.8 6.9 6.9 7.0 7.1 7.1 7.2 7.2 7.3 7.4 7.5 7.6 7.7 7.8 8.0 8.2 8.3 50.9 52.2 53.2 54.0 54.4 55.3 55.0 55.8 55.1 55.0 53.8 52.9 51.4 53.7 55.1 57.2 58.8 59.0 61.4 61.3 61.4 61.0 60.9 59.5 58.5 57.6 60.3 61.4 63.2 63.6 63.1 62.8 63.0 63.7 62.8 64.7' 64.9 65.3 65.4 67.2 68.6 68.0 67.5 68.5 69.2 67.9 68.2 69.3 67.9 67.8 67.1 66.9 TABLE 13 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS GENERAL PURPOSE &BROKER DEALER 1982 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR 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 OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA SA MMMF •s ■ GENERAL PURPOSE INSTI &BROKER TUTION DEALER -ONLY NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 150.3 151.3 154. 3 155.6 156.3 156.1 156.0 155.7 155.6 156.4 158.0 159.4 160.9 161.5 162.4 162.2 161.4 160.9 161.3 163.2 164.7 167.1 168.1 169.9 170.2 170.5 170.0 169.7 170.6 172.4 174.4 177.0 179.7 181.4 184.1 184.3 184.6 184.7 184.4 183.9 184.7 186.0 186.8 188.4 189.3 189.8 190.7 190.7 190.7 189.6 186.0 178.8 NSA INSTI TUTION ONLY OVERNIGHT RPS NET OVERNIGHT EUROS NET TERM RP'S AT CB'S NET TERM RPS AT THRIFTS TERM EUROS NET 36.4 37.6 37.2 37.7 36.7 36.1 35.2 34.7 36.2 36.0 36.4 36.9 38.2 36.8 37.1 36.2 36.3 36.6 36.7 37.0 37.7 39.1 39.2 39.2 38.8 39.2 38.6 39.7 40.9 43.7 45.7 46.9 48.3 49.9 51.8 50.9 51.2 50.8 51.1 50.8 49.9 51.9 52.6 52.7 53.3 52.7 51.9 52.8 53.1 52.4 51.0 49.8 30.9 31.4 31.6 32.8 32.5 30.6 29.3 31.2 31.6 31.7 33.9 33.9 33.7 33.4 28.4 30.0 32.3 32.7 33.3 33.6 29.3 31.8 31.0 31.8 31.8 30.2 29.2 31.5 31.9 31.3 32.9 33.4 31.6 32.2 31.2 32.8 32.5 33.2 31.7 32.8 34.4 34.9 37.8 36.9 35.9 38.0 35.1 30.5 36.7 35.1 35.1 30.2 9.3 9.5 8.6 9.1 8.5 7.7 7.5 8.3 6.7 5.7 7.1 7.3 7.4 6.7 4.6 6.3 7.1 7.8 6.5 7.2 7.8 8.3 6.5 7.1 8.5 9.0 8.3 8.2 9.3 9.6 9.2 8.2 9.0 9.0 9.3 7.0 7.4 8.6 8.3 6.8 6.7 7.5 7.9 7.4 6.6 8.5 7.9 7.2 6.3 6.4 6.1 4.6 24.3 24.5 24.1 24.9 24.4 23.8 27.7 24.2 23.9 25.1 24.4 24.7 25.2 24.9 30.4 27.3 25.0 24.6 25.1 24.9 24.7 24.7 23.2 22.7 23.7 22.7 21.3 20.7 21.5 23.0 22.9 23.4 24.6 24.5 23.8 22.9 23.8 23.8 24.9 23.2 25.0 24.9 25.3 27.1 25.4 23.9 25.6 30.8 24.1 24.9 22.9 29.7 8.4 8.5 8.4 8.4 8.4 8.4 8.3 8.3 8.2 8.2 8.2 8.2 8.2 8.2 8.2 8.3 8.4 8.4 8.4 8.4 8.4 8.4 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.3 8.2 8.1 8.0 7.9 7.9 7.9 8.0 8.0 8.0 8.0 7.9 7.8 7.7 7.6 7.6 7.5 7.5 7.4 7.5 7.6 7.6 68.1 70.5 72.7 73.4 74.1 74.7 75.4 75.0 77.4 77.6 76.0 76.0 76.6 79.1 82.8 82.7 83.5 83.5 87.0 86.9 86.9 86.9 88.0 87.5 86.3 86.2 86.5 86.0 84.3 83.2 83.5 84.1 82.8 82.4 81.8 83.3 83.0 81.5 81.8 83.8 84.5 84.0 83.2 83.6 83.5 81.8 80.9 81.5 81.8 80.8 80.9 82.9 TABLE 13 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS SA GENERAL PURPOSE &BROKER DEALER 1983 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR 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 OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 176.7 173.6 169.0 164.5 163.4 161.9 159.6 158.1 156.8 154.7 152.7 151.8 151.0 149.5 147.8 146.3 144.1 143.1 142.1 140.8 140.0 139.7 139.7 139.9 139.4 138.5 138.7 138.6 138.3 138.5 138.2 139.0 140.1 140.2 139.4 140.0 139.7 138.4 137.9 138.0 137.6 137.1 137.4 137.9 138.8 139.5 139.2 138.2 138.1 137.7 138.2 138.5 NSA NSA INSTI TUTION -ONLY 48.2 47.8 47.1 46.6 46.6 47.5 47.3 47.3 47.0 47.2 46.6 46.1 45.5 44.8 44.4 44.0 43.4 43.1 42.9 43.2 43.2 42.8 43.1 43.2 43.2 42.5 42.2 42.4 41.5 41.2 41.7 42.0 42.0 42.6 42.1 42.2 42.5 42.2 43.0 43.9 43.8 43.6 43.6 43.5 42.9 42.7 42.7 42.2 42.6 42.7 42.5 42.3 GENERAL PURPOSE &BROKER DEALER 173.5 170.1 168.3 165.3 163.8 162.3 160.8 158.9 157.7 156.1 154.6 153.8 153.3 151.4 150.1 148.6 145.4 143.0 141.4 140.5 140.6 140.6 140.4 140.8 140.0 138.7 137.9 137.9 138.6 138.6 138.0 138.3 139.2 139.1 138.5 138.2 137.9 137.5 137.1 137.0 136.8 137.2 137.5 137.6 138.1 138.8 138.7 138.3 137.9 138.1 138.3 137.8 INSTI TUTION ONLY 48.4 48.2 48.9 48.9 48.8 48.7 48.2 47.7 47.6 47.8 47.1 46.6 46.0 45.1 44.6 44.1 43.3 43.2 43.2 43.4 43.3 43.2 42.8 42.4 42.3 41.9 41.3 41.5 41.2 41.3 41.3 41.2 41.0 41.2 41.3 41.2 41.7 41.4 42.3 42.5 42.6 42.7 42.8 43.3 43.2 43.6 43.8 43.6 43.5 43.4 43.3 43.0 OVERNIGHT RPS NET 32.0 36.4 35.5 37.1 38.5 33.9 37.5 37.4 39.2 39.0 39.1 38.3 37.4 36.0 41.1 38.9 43.5 44.1 42.6 42.3 43.3 43.4 42.7 43.3 44.1 42.2 44.0 41.7 42.3 41.5 40.1 40.3 41.1 42.3 40.3 41.1 41.7 41.7 41.4 44.6 42.8 44.5 45.0 45.1 44.5 46.1 44.5 41.1 45.4 45.5 44.5 42.0 OVERNIGHT EURO$ NET 5.4 7.0 7.6 7.3 8.1 6.8 8.5 8.5 7.8 6.8 8.0 8.2 8.2 7.7 7.1 7.7 9.2 9.4 7.7 9.1 10.5 10.3 8.0 9.6 8.9 10.6 9.9 8.6 8.9 10.3 10.3 10.1 9.8 10.3 11.5 10.4 10.2 10.8 11.2 10.7 10.9 11.5 12.2 12.5 10.7 9.7 11.6 8.9 11.5 10.8 11.4 10.9 TERM RP'S AT CB'S NET 30.2 23.6 25.4 26.1 26.2 26.0 27.6 27.9 28.2 27.0 27.6 28.3 30.5 32.9 27.2 29.9 29.5 28.7 31.2 31.6 32.1 30.7 28.2 29.2 30.1 30.7 27.5 25.9 27.7 28.4 28.7 28.0 29.1 29.6 30.5 29.9 29.6 28.9 29.8 27.1 27.3 27.3 28.1 30.2 30.7 29.9 31.8 36.3 30.6 31.3 29.2 35.9 TERM RPS AT THRIFTS 7.7 7.7 7.7 7.6 7.6 7.6 7.7 7.8 7.8 8.0 8.1 8.3 8.4 8.5 8.6 8.7 8.8 8.9 9.1 9.2 9.4 9.6 9.8 10.0 10.3 10.6 10.8 11.0 11.2 11.3 11.5 11.7 11.8 12.0 12.1 12.3 12.6 12.9 13.2 13.5 13.6 13.8 14.0 14.2 14.5 15.0 15.4 15.9 16.3 16.7 17.0 17.4 TERM EURO$ NET 82.3 82.3 82.5 82.5 82.9 86.4 85.3 85.7 86.7 87.8 88.3 88.6 89.5 90.4 91.7 91.8 91.3 91.1 93.4 92.5 91.4 92.0 93.4 92.2 91.6 90.6 91.9 93.1 92.2 91.6 91.6 91.9 92.4 92.0 91.3 91.8 91.3 90.8 90.1 89.4 86.3 86.1 85.0 85.3 87.9 89.0 89.4 95.2 90.3 90.8 92.5 91.6 TABLE 13 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS MCA GENERAL PURPOSE &BROKER DEALER 1984 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 16 23 30 6 13 20 27 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 139.0 138.8 138.2 137.1 137.4 138.7 140.0 141.2 141.6 141.6 141.8 142.2 142.3 143.2 143.7 144.1 144.2 144.2 144.2 145.6 146.2 146.8 147.5 147.6 147.9 148.0 149.0 149.0 149.4 150.6 151.4 151.8 150.4 150.4 150.7 152.1 152.3 153.1 153.0 153.7 153.9 155.2 156.0 156.6 158.4 160.5 162.1 163.1 164.7 165.6 167.3 167.7 168.9 INSTI TUTION -ONLY 43.4 42.7 41.9 41.6 42.2 42.9 43.5 44.1 44.3 44.2 44.3 44.6 44.7 45.2 45.1 45.2 44.7 44.7 44.2 44.9 45.5 46.1 46.8 46.7 46.9 46.1 47.1 46.7 46.4 46.3 47.4 47.4 47.7 47.7 47.3 47.6 47.1 47.5 48.1 50.2 51.9 53.6 55.1 56.1 56.2 57.8 59.2 59.7 61.4 63.0 63.1 64.7 65.1 GENERAL PURPOSE &BROKER DEALER 136.9 136.1 137.3 137.5 137.8 139.1 141.1 142.3 143.3 143.4 144.1 144.4 144.7 145.0 145.6 146.1 145.5 144.5 143.6 145.3 146.4 147.7 147.9 148.3 148.4 148.3 148.3 148.2 149.9 150.7 151.1 150.9 149.5 149.1 149.9 150.1 150.3 151.7 151.8 152.1 152.6 154.7 155.7 156.1 157.4 159.8 161.3 163.2 164.3 165.7 167.3 167.4 166.9 INSTI TUTION ONLY 43.0 42.8 43.5 43.7 44.0 44.1 44.6 44.7 45.1 44.7 44.7 44.9 45.2 45.4 45.3 45.4 44.5 44.6 44.1 44.8 45.8 46.3 46.3 45.8 45.9 45.1 45.9 45.6 45.9 46.1 46.8 46.1 46.4 46.1 46.3 46.3 46.0 46.5 47.0 48.8 50.8 53.0 54.7 56.4 56.6 59.0 60.3 61.3 63.0 63.7 64.0 65.3 65.5 OVERNIGHT RPS NET 45.4 46.8 46.4 47.0 46.4 46.1 46.5 50.2 48.4 46.6 47.0 47.2 46.7 49.7 50.0 45.2 46.0 48.4 47.5 47.6 49.8 49.1 51.5 46.2 45.1 45.2 44.8 45.1 44.6 46.7 46.8 46.4 48.2 48.0 49.8 48.5 47.4 47.2 47.8 46.9 46.9 47.4 47.7 49.1 50.8 50.3 51.9 45.4 53.1 49.3 49.2 45.0 47.2 OVERNIGHT EUROS NET 12.8 12.1 11.5 11.3 10.6 10.3 11.7 11.7 11.7 11.2 10.7 10.3 10.4 11.4 9.8 10.5 8.0 12.2 9.3 12.4 12.4 13.9 13.3 9.7 11.5 14.4 15.5 13.0 12.9 14.1 14.1 11.9 12.7 14.1 15.0 13.8 11.6 12.5 13.7 12.4 12.1 10.9 12.8 12.8 10.7 10.7 10.5 8.0 11.5 10.8 12.1 13.4 13.7 TERM RP'S AT CB'S NET 29.0 28.1 31.4 32.1 32.2 32.1 34.1 31.1 31.7 31.0 32.4 32.1 32.9 29.8 29.3 34.3 35.6 31.8 32.7 33.2 32.2 31.5 28.7 29.6 29.4 28.7 29.5 25.7 28.1 28.5 29.6 29.9 31.0 30.7 30.8 31.3 29.8 30.8 32.5 31.6 31.6 31.5 32.4 32.9 32.9 33.0 30.8 37.1 30.3 29.4 30.3 34.2 32.0 - TERM RPS AT THRIFTS TERM EUROS NET 17.7 17.6 17.4 17.2 17.0 17.0 17.2 17.3 17.5 17.9 18.7 19.5 20.4 21.2 21.8 22.2 22.7 23.2 23.8 24.4 25.0 25.6 26.2 26.6 27.1 27.6 28.0 28.4 28.7 29.0 29.3 29.6 29.9 30.3 30.6 31.0 31.4 31.9 32.4 33.5 32.9 32.2 31.6 30.9 30.3 29.6 29.0 28.3 27.7 27.0 26.4 25.7 25.1 92.0 86.6 88.6 88.9 90.1 89.4 88.2 88.3 88.9 91.0 91.3 91.6 93.5 93.2 90.3 92.6 91.2 93.6 93.9 91.6 93.4 93.1 91.9 89.6 88.3 87.9 89.5 87.8 87.9 88.6 88.3 88.4 86.8 85.1 85.4 86.3 86.2 86.1 84.9 83.7 80.2 79.9 80.9 80.5 79.2 80.7 80.1 85.7 82.2 82.3 83.3 82.3 84.1 TABLE 13 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS MMMF 'S A GENERAL - S PURPOSE &BROKER DEALER 1985 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 SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 7 14 21 28 4 11 18 25 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 170.9 171.6 172.4 172.2 172.2 172.5 172.7 172.9 173.6 174.4 173.9 174.3 173.8 174.3 173.8 173.7 172.3 171.3 171.3 171.0 170.6 171.8 173.1 174.6 176.1 176.0 175.2 175.8 175.4 175.2 175.7 177.0 177.4 177.2 178.0 177.7 177.3 177.3 177.2 176.8 177.1 176.7 176.6 176.8 176.7 176.3 176.2 176.5 176.6 175.9 175.8 176.0 INSTI TUTION -ONLY 65.1 64.5 65.3 64.9 64.1 63.3 62.5 61.4 62.3 60.9 59.6 59.9 61.1 60.0 59.1 61.3 64.7 63.2 64.8 65.3 66.3 68.3 68.7 70.4 72.5 70.9 68.2 67.6 67.4 66.5 66.1 66.3 66.2 67.6 66.4 66.6 65.8 65.5 65.6 66.2 66.4 66.2 65.1 66.6 65.0 64.7 65.3 65.3 65.5 65.4 65.9 66.3 GENERAL PURPOSE &BROKER DEALER 166.2 171.5 172.7 172.8 172.5 173.9 174.2 174.9 175.8 177.0 176.6 177.2 176.2 176.7 176.7 175.3 172.6 170.8 171.0 171.1 171.5 172.2 173.6 175.0 176.2 175.2 173.8 176.1 175.4 174.9 174.6 175.9 175.9 176.3 176.1 175.3 175.8 176.1 175.6 175.2 176.5 176.3 176.1 175.7 175.8 175.4 176.3 176.1 176.6 176.1 175.6 174.4 NSA NSA INSTI TUTION ONLY 63.9 67.4 68.2 67.9 66.1 65.1 63.5 62.5 63.3 61.6 60.2 60.7 61.7 60.3 59.6 61.0 64.4 62.8 64.5 64.7 67.6 67.6 67.4 68.9 71.0 69.2 66.6 66.7 67.0 65.9 64.5 64.7 64.1 66.1 64.8 64.9 64.3 63.9 63.8 64.5 65.5 65.4 65.2 66.8 66.0 65.7 67.4 66.5 66.1 66.4 66.6 67.0 OVERNIGHT RPS NET 49.2 48.9 49.0 53.0 53.1 52.7 55.7 57.3 57.2 55.3 54.2 53.7 52.9 45.7 49.1 50.5 50.5 48.0 49.4 52.0 53.8 55.9 49.9 51.0 50.8 49.9 47.8 52.1 52.3 52.7 52.3 51.5 53.6 52.7 52.4 53.0 52.6 53.1 55.6 54.3 53.5 53.7 53.9 54.6 53.2 55.4 58.6 56.1 57.6 56.8 57.5 54.4 OVERNIGHT EUROS NET 14.6 14.1 12.8 15.3 14.2 13.2 12.0 14.4 13.0 10.7 12.2 13.3 13.4 8.8 11.4 14.2 13.3 13.4 11.8 12.8 13.2 12.8 12.6 12.0 12.9 13.3 9.8 12.6 12.7 14.0 13.5 13.8 14.4 15.4 13.7 14.1 13.1 14.2 15.1 13.7 13.2 14.1 16.8 14.8 13.1 14.2 14.8 13.2 17.2 16.1 16.6 18.6 TERM RP'S AT CB'S NET 28.3 29.9 31.4 28.6 28.9 29.7 29.4 29.9 29.9 29.7 30.7 30.5 30.7 35.5 32.3 29.9 31.3 29.7 29.9 31.2 32.0 30.8 31.1 30.8 31.3 30.9 31.3 30.1 28.9 29.2 29.4 30.3 30.7 30.2 32.1 31.1 31.3 30.8 30.8 29.9 30.5 30.3 30.6 30.7 31.2 31.1 30.2 35.3 29.7 31.2 32.6 33.4 TERM RPS AT THRIFTS 25.0 24.9 24.8 24.7 24.6 24.5 24.5 24.4 24.3 24.2 24.1 24.0 24.0 23.8 23.7 23.6 23.5 23.4 23.3 23.2 23.0 22.9 22.8 22.7 22.6 22.5 22.6 22.8 22.9 23.1 23.3 23.4 23.6 23.8 23.9 24.1 24.2 24.4 24.6 25.1 25.6 26.1 26.6 27.2 27.7 28.2 28.7 29.2 29.8 30.3 30.8 31.3 TERM EUROS NET 79.9 80.8 81.5 81.2 82.0 80.6 80.2 80.8 83.8 85.1 84.6 84.7 82.8 80.8 78.3 78.8 82.8 82.1 81.2 79.6 79.7 80.1 77.3 78.7 76.7 78.1 76.9 78.5 77.1 76.0 78.2 77.5 78.5 79.5 79.0 79.7 77.8 78.4 79.4 77.6 79.2 77.Z 77.Q 80.0 77.4 77.3 77.0 81.2 74.4 76.8 75.5 78.1 TABLE 13 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS o GENERAL PURPOSE SBROKER DEALER 1986 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 176.3 176.9 177.7 179.1 179.1 178.9 179.0 178.6 179.6 181.2 182.4 183.6 185.8 186.4 189.2 189.4 189.5 189.8 191.8 192.9 194.5 194.6 195.6 197.5 198.7 198.0 198.6 199.0 200.7 201.3 201.8 202.4 201.4 200.7 200.3 200.7 201.6 205.1 206.4 206.7 207.7 207.1 208.2 208.4 206.8 207.3 208.2 206.9 206.8 207.5 208.6 208.4 - NSA INSTI TUTION -ONLY 68.3 67.7 66.6 66.8 68.1 67.7 67.7 68.6 68.4 69.5 71.0 72.7 72.8 73.8 76.3 77.3 77.2 77.9 78.4 78.4 78.6 78.5 79.0 79.0 78.7 78.5 79.6 79.3 81.4 82.3 83.9 84.5 84.7 85.0 87.1 87.9 89.0 90.4 89.9 87.9 89.6 88.8 88.4 88.2 86.1 86.1 85.0 84.9 85.8 86.3 86.8 85.5 GENERAL PURPOSE &BROKER DEALER 171.9 175.8 178.6 179.9 179.4 180.2 180.6 180.6 181.9 183.8 185.3 186.8 188.7 188.7 192.3 191.5 190.8 189.5 191.4 192.6 195.1 194.8 195.6 197.5 198.3 196.9 196.5 198.7 200.3 201.0 200.5 201.3 199.9 200.0 198.8 198.3 200.3 204.1 204.9 204.7 206.7 206.4 207.6 207.0 205.8 206.3 208.2 206.7 206.5 207.7 208.2 207.0 - MCA _ _. INSTI TUTION ONLY OVERNIGHT RPS NET OVERNIGHT EUROS NET TERM RP'S AT CB'S NET TERM RPS AT THRIFTS TERM EUROS NET 67.0 70.1 69.4 70.0 70.4 69.8 69.2 70.0 69.8 70.6 72.0 73.7 73.7 73.9 76.8 77.0 76.8 77.6 78.3 78.1 78.9 78.1 77.6 77.3 77.0 76.6 77.7 78.1 80.9 81.9 82.2 82.9 82.6 83.5 85.4 85.8 87.0 88.1 87.3 85.2 88.0 87.2 88.0 87.9 86.9 87.2 87.2 86.6 86.5 87.5 87.5 86.3 54.2 52.3 51.1 54.9 54.1 53.2 54.7 57.3 58.4 55.4 55.6 53.9 50.1 54.4 54.0 53.9 54.4 54.0 53.5 54.9 54.9 57.9 51.9 52.8 53.3 54.8 55.2 58.0 59.5 60.3 59.4 61.6 62.1 61.9 61.8 60.3 59.6 59.6 58.9 59.5 60.9 62.9 65.5 64.4 62.6 62.6 63.7 60.4 63.8 63.6 63.7 61.4 22.3 20.0 17.8 17.8 17.4 15.8 16.9 16.5 15.9 15.9 17.5 16.9 15.5 15.1 15.9 19.0 19.9 17.5 16.1 16.9 18.4 19.5 15.7 15.3 16.4 18.2 15.7 17.1 18.4 18.2 16.4 15.5 16.3 18.1 19.2 16.7 16.3 17.1 18.6 18.4 17.1 19.2 21.2 21.8 17.9 19.2 19.5 17.2 17.7 18.6 19.9 19.2 31.6 33.3 34.1 33.9 34.9 35.8 36.3 34.9 35.6 36.2 36.2 35.9 39.9 33.8 34.6 35.1 37.2 36.2 35.3 35.5 34.8 33.3 32.5 33.2 34.0 33.8 32.5 32.7 32.1 33.5 33.7 33.7 33.6 33.4 35.0 35.0 36.2 36.3 35.7 31.9 34.9 34.5 35.3 35.9 36.0 36.9 36.5 40.7 34.6 34.8 35.2 37.4 31.8 31.8 31.7 31.6 31.5 31.5 31.4 31.3 31.2 31.2 31.1 31.0 31.0 31.5 32.0 32.6 33.1 33.6 34.2 34.7 35.2 35.8 36i3 36.8 37.4 37.6 37.4 37.1 36.9 36.7 37.2 37.3 36.9 37.3 38.6 38.6 38.0 38.1 40.2 40.8 40.5 40.0 40.4 42.3 42.7 42.7 42.9 44.0 44.5 45.4 46.1 44.4 76.0 75.2 76.2 75.8 76.4 77.1 78.7 80.8 82.2 81.0 82.5 82.7 84.7 84.1 81.7 78.5 81.2 81.2 78.7 77.4 81.7 79.0 76.8 80.7 80.5 81.3 80.2 77.5 78.5 77.5 78.5 78.2 79.1 78.0 78.9 82.6 83.5 82.1 81.7 80.1 78.5 79.2 78.6 78.8 79.2 79.0 80.2 83.0 82.7 82.8 83.0 86.1 TABLE 13 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS nr SA GENERAL PURPOSE &BROKER DEALER 1987 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 210.7 210.7 209.2 208.2 208.0 209.2 209.6 208.9 208.4 209.1 209.1 208.3 207.8 208.0 208.0 209.2 210.1 210.5 209.3 208.0 210.1 211.5 213.0 211.6 210.4 209.7 211.5 211.6 210.9 211.6 212.7 213.5 213.9 214.2 214.6 216.3 218.6 218.0 216.7 217.0 217.4 218.0 222.9 220.5 220.0 220.1 220.0 219.3 220.6 221.4 222.0 222.1 INSTI TUTION -ONLY 86.2 85.4 84.1 82.6 83.7 84.5 84.7 85.5 85.9 86.2 86.0 86.5 85.8 86.4 86.9 85.4 85.4 84.9 84.5 84.4 85.0 85.3 86.3 85.8 85.8 86.2 87.1 87.2 87.6 88.0 88.9 88.1 88.2 88.3 87.3 87.6 85.7 86.1 85.2 85.5 85.8 85.8 88.8 90.0 91.8 91.9 91.8 91.5 92.2 91.7 92.3 92.0 i> GENERAL PURPOSE &BROKER DEALER 206.3 208.6 209.5 210.0 209.0 210.8 211.5 211.0 211.0 212.2 212.7 212.1 211.5 210.8 211.6 212.2 212.0 210.3 207.9 207.4 210.4 211.4 212.3 211.0 209.3 207.9 208.5 210.4 210.0 211.0 211.2 212.3 212.4 213.5 213.7 214.1 217.5 217.3 215.6 215.0 216.3 217.2 222.2 219.1 219.0 219.2 220.0 219.4 220.4 221.9 221.7 220.5 NSA INSTI TUTION ONLY OVERNIGHT RPS NET OVERNIGHT EUROS NET 84.7 87.5 87.3 86.8 86.8 87.4 87.0 87.5 88.2 88.0 87.7 87.9 87.2 86.8 87.5 85.2 84.8 84.4 84.2 83.9 85.5 84.9 84.8 83.9 84.0 84.1 84.7 85.7 86.9 87.6 87.4 86.7 86.5 87.0 86.1 85.7 84.1 84.0 82.8 82.6 83.9 83.8 87.8 89.2 91.8 92.5 93.4 93.3 93.1 93.0 93.2 92.7 66.4 68.7 65.4 65.6 64.9 64.3 63.6 65.5 64.7 63.4 62.7 59.8 61.7 62.2 62.2 57.0 60.2 60.2 58.0 59.8 59.8 60.3 59.6 60.5 57.3 59.9 54.4 60.4 62.1 64.6 67.8 68.3 67.5 67.6 67.4 67.5 68.7 69.1 70.9 72.5 69.6 70.4 71.4 72.9 72.1 71.2 72.3 68.4 68.0 68.6 66.5 64.2 22.2 24.0 20.1 21.9 22.4 19.2 18.4 20.4 19.1 18.1 17.6 18.6 20.2 19.0 18.9 18.7 25.0 22.9 19.1 21.5 19.9 22.1 19.2 19.7 20.3 21.5 15.6 18.5 18.5 21.0 20.6 17.4 18.0 17.6 19.7 17.7 19.1 21.4 26.1 21.8 20.7 19.9 22.3 20.2 18.6 16.5 16.4 13.5 15.7 17.1 18.0 17.6 TERM RP'S AT CB'S NET 32.3 33.1 35.0 35.2 34.6 34.9 36.3 34.5 36.2 34.5 33.9 34.8 35.2 34.4 35.5 40.8 38.4 38.9 39.3 40.4 41.6 40.8 40.6 40.5 40.7 39.4 42.0 37.7 37.5 37.8 38.1 38.4 39.6 40.7 41.1 40.8 40.5 40.9 41.5 36.9 38.0 35.9 38.3 39.1 39.9 40.1 38.9 41.2 40.1 39.0 37.7 39.4 TERM RPS AT THRIFTS 46.2 45.9 45.5 45.6 47.8 48.6 48.9 48.4 48.5 48.8 49.2 48.9 49.7 51.2 51.7 52.2 54.7 56.3 57.6 58.5 58.6 60.9 62.1 63.1 64.1 65.3 65.8 65.6 65.3 64.7 65.5 66.1 65.7 65.6 67.0 68.5 67.8 67.6 67.1 68.2 68.8 69.0 69.6 70.1 69.6 69.7 69.9 68.9 67.5 67.4 68.1 68.1 TERM EUROS NET 85.7 84.5 84.4 86.4 86.1 87.5 88.3 87.9 89.6 89.5 88.7 87.9 87.8 85.9 83.4 83.0 82.8 86.3 86.1 86.2 86.7 88.6 87.8 90.4 87.9 86.3 84.9 82.7 82.2 85.0 91.2 89.9 92.0 89.1 90.2 89.9 95.4 95.3 98.4 93.5 92.0 93.7 93.3 93.5 93.6 92.2 91.2 94.8 91.2 90.2 90.3 93.2 TABLE 13 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS c GENERAL PURPOSE £BrvoK£R DEALER 1988 JAN JAN JAN JAN FEB FEB FEB FEB FEB MAR 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 OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 29 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 222.8 224.2 225.6 226.8 228.8 228.2 228.8 229.4 229.6 229.2 229.9 231.3 231.8 232.4 233.0 232.0 232.8 233.1 232.2 232.6 233.8 233.9 232.2 231.8 230.2 231.3 231.2 232.0 232.9 233.0 232.9 231.0 231.8 234.2 233.3 233.4 232.9 232.0 232.3 233.3 232.7 233.2 233.8 235.1 236.3 237.6 240.5 241.5 241.6 241.0 242.0 241.9 NSA INSTI TUTION -ONLY 92.2 93.0 95.1 96.0 96.9 97.2 99.0 98.2 99.6 99.1 99.8 98.1 96.9 97.5 95.6 95.4 93.9 94.1 96.1 92.4 93.7 92.2 91.8 91.4 91.1 91.7 91.1 90.8 89.6 88.3 88.6 88.4 88.3 88.7 88.6 88.9 89.3 89.7 90.2 90.8 90.8 90.4 89.9 90.2 90.3 90.4 91.3 91.1 91.2 89.8 91.4 90.4 GENERAL PURPOSE &BROKER DEALER INSTI TUTION ONLY OVERNIGHT RPS NET OVERNIGHT EUROS NET 218.1 221.3 227.0 228.7 229.6 229.7 231.1 232.0 232.8 232.8 234.1 235.8 236.6 236.3 237.9 235.6 235.9 232.9 230.7 231.4 233.2 233.3 230.7 230.5 228.4 229.0 227.2 229.3 231.4 231.5 231.0 229.4 230.5 233.4 233.2 231.7 232.0 231.8 231.8 231.3 231.2 232.2 232.9 233.7 235.0 236.8 240.2 242.0 241.0 241.3 241.5 240.2 90.0 95.0 99.5 99.9 100.2 100.6 102.4 101.2 103.1 101.8 102.3 100.1 98.8 98.2 96.4 95.5 93.1 93.4 95.5 91.7 94.6 91.8 90.4 89.6 89.3 89.6 88.5 88.7 88.5 87.9 87.4 87.2 87.1 87.6 88.0 87.2 87.5 87.3 87.6 87.3 88.2 87.9 88.2 89.1 89.6 90.6 91.9 92.6 92.0 90.6 92.3 91.1 66.9 70.1 69.2 69.4 71.3 68.1 66.3 67.8 66.3 65.2 65.0 64.5 67.0 64.3 65.6 66.2 66.2 67.0 67.4 69.9 69.3 70.1 70.2 69.9 68.6 68.2 67.9 66.8 67.2 67.4 69.0 69.0 69.5 69.8 69.7 69.4 68.6 67.6 67.9 67.0 68.3 69.9 70.1 71.3 69.5 68.4 73.7 67.7 72.1 72.5 69.9 67.8 19.5 20.7 19.0 19.6 17.3 15.3 16.1 17.2 17.1 14.3 15.8 15.2 14.6 13.7 16.5 15.7 14.1 16.6 16.0 16.8 18.4 18.2 19.2 17.0 17.3 16.0 17.3 16.6 14.1 15.7 16.8 16.1 15.7 16.0 16.8 14.9 15.8 14.7 14.4 15.5 12.1 14.3 14.1 14.9 12.9 12.9 13.8 12.2 15.5 10.9 12.7 13.2 TERM RP'S AT CB'S NET 31.5 36.3 37.6 40.8 40.9 42.5 44.3 41.3 42.9 41.5 42.8 45.1 41.7 44.7 42.0 42.8 43.8 45.7 45.5 45.6 44.4 46.6 45.3 46.9 46.8 47.3 44.1 43.9 44.8 45.7 46.4 45.9 45.8 43.4 44.0 43.0 40.9 44.0 43.3 41.9 43.0 42.2 43.4 44.2 44.3 46.1 43.8 48.3 41.1 40.4 40.9 41.5 TERM RPS AT THRIFTS 67.4 68.3 68.6 68.1 68.1 67.9 67.3 66.3 65.2 64.9 64.1 64.1 64.0 65.1 64.9 65.8 66.5 67.7 69.5 69.9 70.5 71.5 71.8 72.4 73.1 73.4 74.7 75.1 75.2 76.2 75.9 76.0 75.6 74.5 74.8 76.0 76.0 76.3 78.3 78.8 79.4 78.9 79.2 79.4 79.9 80.5 80.4 80.4 80.7 81.1 81.4 81.4 TERM EUROS NET 89.3 84.8 85.6 86.8 86.6 83.3 87.9 87.3 88.8 90.1 90.5 90.1 93.1 92.0 89.7 89.0 89.2 91.9 91.9 91.7 91.9 94.1 94.4 94.4 93.1 94.0 93.1 92.9 97.5 100.4 100.8 102.2 101.9 103.4 103.8 103.3 102.5 102.6 101.8 104.7 102.4 99.8 99.6 98.9 99.0 100.8 100.3 105.9 102.1 105.6 106.1 106.6 TABLE 13 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS MMMF GENERAL PURPOSE &BROKER DEALER 1989 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY 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 2 9 16 23 30 6 13 20 27 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 243.5 243.3 243.9 243.9 243.3 243.4 244.8 246.8 248.2 250.7 250.9 251.8 253.6 254.9 255.6 256.9 258.5 259.0 260.0 262.2 264.9 264.7 266.8 268.9 271.0 273.3 275.2 278.5 279.3 281.1 283.0 286.2 287.8 290.7 292.1 293.8 295.6 297.5 299.3 301.6 302.5 302.5 306.3 308.7 311.1 312.5 311.7 313.1 314.4 314.5 315.4 317.9 eA 'S _ _ MO A Me A INSTI TUTION -ONLY GENERAL PURPOSE &BROKER DEALER INSTI TUTION ONLY 92.4 92.0 90.5 89.5 90.4 90.2 89.8 89.8 90.2 88.9 89.2 89.1 89.4 90.5 91.2 91.4 92.1 92.6 94.0 95.2 96.5 97.6 98.3 100.0 101.3 103.2 102.9 104.0 104.9 104.9 104.6 107.9 106.3 105.6 105.3 106.1 106.3 107.2 106.7 107.0 106.0 105.5 107.5 105.7 105.8 107.0 106.8 107.7 107.3 107.5 106.6 106.6 239.6 238.7 244.5 245.8 244.9 245.0 247.6 249.8 252.1 254.9 256.0 257.2 259.5 259.8 261.1 262.4 262.1 259.5 258.8 260.3 263.3 263.5 264.3 266.7 268.2 270.2 270.2 273.7 277.1 278.9 280.7 283.9 286.3 289.5 292.3 292.1 294.4 297.4 298.9 299.3 300.2 301.0 304.9 307.0 309.3 311.6 311.2 313.9 313.7 314.7 314.7 315.2 91.1 91.9 93.1 93.8 94.5 93.8 93.7 92.9 93.9 91.9 91.8 91.3 91.6 91.7 92.0 92.0 91.5 92.0 93.5 94.8 97.2 97.4 97.3 98.2 99.3 100.9 99.8 100.9 102.9 103.8 103.1 106.1 105.1 104.1 104.7 104.1 104.0 104.2 103.3 102.7 102.4 102.5 104.9 104.1 104.3 106.8 106.7 109.0 108.5 108.3 107.9 107.5 OVERNIGHT RPS NET 67.1 70.4 69.7 70.3 70.3 67.7 67.5 68.2 69.0 69.1 68.0 68.3 65.5 68.2 65.4 63.9 62.4 62.6 63.4 62.9 63.6 63.2 62.4 66.3 66.6 65.6 62.4 64.6 63.9 63.0 66.1 64.2 64.1 64.2 61.5 60.9 59.8 60.0 60.0 57.3 59.7 62.8 61.6 63.4 63.5 60.5 63.7 59.3 66.6 63.9 62.5 62.5 OVERNIGHT EUROS NET 15.4 16.2 16.3 15.6 17.6 14.1 15.7 15.2 14.9 13.3 14.2 16.0 12.8 16.9 14.6 14.9 13.4 13.5 13.9 14.3 15.0 15.5 14.3 13.9 14.5 15.9 14.6 16.8 16.2 16.2 19.2 16.0 15.8 14.6 15.0 15.0 15.4 15.7 16.0 15.5 14.5 14.6 13.0 14.2 12.6 12.6 14.1 13.3 14.3 13.5 14.5 15.0 TERM RP'S AT CB'S NET 37.3 38.8 41.2 41.2 43.0 44.3 45.2 44.9 44.6 44.8 45.2 45.6 50.6 44.3 43.6 44.4 42.9 44.2 42.5 44.3 43.8 44.3 43.2 42.7 43.1 44.8 45.6 45.4 45.7 44.9 45.1 44.7 45.1 45.9 47.8 47.1 47.4 49.2 50.5 48.6 48.5 48.2 50.0 51.7 50.7 53.1 49.3 54.5 48.2 47.1 47.5 47.8 TERM RPS AT THRIFTS 82.3 82.8 82.6 81.3 81.7 81.8 82.0 81.7 82.1 82.5 82.4 82.7 82.8 82.4 82.3 82.4 82.4 83.0 83.1 83.4 83.7 84.4 85.5 85.9 85.2 83.9 82.1 81.3 79.7 77.6 76.1 75.0 74.1 71.2 69.7 69.3 68.3 67.3 63.4 61.7 61.8 62.9 60.5 59.7 59.9 60.3 59.0 57.8 56.8 54.5 50.5 48.5 TERM EUROS NET 107.6 100.7 102.3 100.0 96.6 96.2 97.9 103.2 99.9 100.9 103.8 108.0 106.3 105.4 101.1 99.1 98.2 99.0 98.0 97.5 96.0 95.5 94.1 92.9 92.3 91.0 95.8 90.5 91.6 89.2 89.2 89.1 90.0 87.9 88.1 88.1 87.9 86.2 81.2 79.9 79.4 78.3 80.2 78.0 76.4 77.3 78.0 78.8 78.5 80.0 79.8 80.3 TABLE 13 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS c GENERAL PURPOSE &BROKER DEALER 1990 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 1 8 15 22 29 5 12 19 26 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 318.8 318.7 319.7 319.4 321.4 323.8 324.9 324.6 326.2 324.0 325.3 325.9 326.1 326.5 326.5 325.7 327.2 328.4 328.4 326.8 323.9 323.0 325.1 325.7 327.7 328.8 330.4 329.2 330.0 329.9 331.9 332.6 336.2 337.2 340.3 341.7 341.6 341.0 341.7 343.1 344.5 344.6 345.1 344.3 344.4 345.1 344.3 345.6 347.0 347.9 348.4 349.0 351.3 M<^A INSTI TUTION -ONLY GENERAL PURPOSE &BROKER DEALER INSTI TUTION ONLY OVERNIGHT RPS NET OVERNIGHT EUROS NET 108.5 108.8 108.1 107.5 107.7 107.5 107.6 107.6 108.4 107.6 109.0 109.1 109.8 110.2 111.6 111.3 111.1 111.2 112.9 111.9 112.7 112.6 113.1 114.3 114.1 114.6 115.4 116.3 115.9 117.7 118.2 118.9 120.7 122.5 122.1 122.6 123.0 123.7 124.5 125.8 126.6 126.5 129.7 128.4 128.4 128.5 127.8 129.8 129.2 131.7 134.1 135.5 135.3 314.1 312.6 319.3 322.2 323.8 325.8 328.8 328.8 331.6 330.1 332.7 333.7 334.4 333.6 333.5 332.9 332.1 330.3 325.8 324.5 321.6 321.5 321.9 322.6 324.0 324.6 324.1 322.7 327.0 326.9 329.1 329.7 334.4 335.7 340.7 340.1 339.9 340.8 341.4 340.8 341.6 342.9 343.5 342.6 342.4 344.3 343.5 346.4 346.0 347.1 347.1 347.1 346.3 107.0 108.3 110.8 113.0 112.6 111.8 112.7 112.0 113.4 111.9 112.6 112.2 112.7 112.1 112.6 112.3 110.7 110.8 112.7 112.0 112.9 112.8 112.6 112.5 112.0 112.1 111.8 112.5 113.1 116.1 116.4 116.7 119.2 120.6 121.3 120.4 120.0 120.0 120.2 120.5 121.7 122.8 126.1 126.2 126.1 127.8 127.1 130.7 130.8 132.0 135.4 136.3 135.6 61.1 64.9 62.7 63.7 66.9 67.0 65.8 67.8 68.8 69.0 66.6 67.8 66.8 64.7 64.9 61.2 65.2 65.7 65.4 65.4 68.2 66.9 68.8 66.2 65.7 67.6 65.5 67.6 68.4 68.2 66.4 68.1 64.9 67.5 65.7 68.5 66.3 63.5 64.6 61.7 68.4 68.5 64.9 63.7 63.0 61.2 61.6 57.5 59.7 57.0 55.9 52.1 53.1 15.0 16.9 17.5 17.9 16.5 15.9 14.4 15.1 15.0 14.3 15.2 14.0 15.9 15.9 15.8 12.1 15.9 17.2 16.0 17.6 17.0 17.2 14.5 15.1 15.2 16.4 17.0 16.9 16.3 15.5 15.2 15.0 16.5 15.5 14.8 15.8 15.6 16.3 16.5 18.4 17.1 16.1 18.0 19.4 18.3 17.7 17.2 16.8 17.4 19.7 19.9 19.2 20.9 TERM RP'S AT CB'S NET 46.2 45.9 47.6 48.9 49.8 51.6 52.4 51.8 51.6 49.9 50.0 50.0 52.1 48.0 48.7 52.7 48.3 49.3 49.0 49.5 49.2 51.8 52.7 53.8 53.5 54.1 53.6 52.7 53.2 55.1 56.7 56.9 58.0 55.6 57.9 57.1 54.1 54.6 52.3 48.4 48.8 50.2 52.3 53.7 53.7 53.9 52.6 53.4 51.0 49.7 47.1 46.6 47.7 TERM RPS AT THRIFTS TERM EUROS NET 50.6 50.1 49.6 49.2 49.4 49.5 49.6 48.6 48.3 48.4 48.4 48.2 48.6 48.0 48.5 48.6 48.5 49.3 50.0 49.6 48.7 48.6 49.2 48.6 49.0 48.8 48.8 48.3 47.2 45.8 45.7 46.1 46.1 46.3 46.0 46.9 46.4 46.0 45.6 46.4 45.8 44.8 43.6 43.2 43.4 43.1 42.4 41.9 41.8 41.9 41.3 41.7 40.8 78.2 75.2 77.5 69.8 68.3 67.9 66.9 67.3 64.8 68.1 63.5 64.9 63.4 66.0 64.6 65.6 62.0 61.0 63.7 66.3 65.5 65.6 64.1 63.8 62.4 61.3 61.1 60.5 60.0 65.0 66.5 67.3 63.3 66.0 66.8 68.7 68.2 67.9 67.0 67.1 68.1 68.4 68.1 67.2 66.2 66.5 67.3 70.1 67.0 68.8 68.5 68.8 69.6 TABLE 13 COMPONENTS OF MONEY STOCK MEASURES AND LIQUID ASSETS BILLIONS OF DOLLARS __ Q GENERAL PURPOSE &BROKER DEALER 1991 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 SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC JAN 7 14 21 28 4 11 18 25 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 INSTI TUTION -ONLY GENERAL PURPOSE &BROKER DEALER INSTI TUTION ONLY 353.1 354.5 357.4 359.7 360.0 360.2 359.0 363.2 364.1 364.1 365.2 366.2 365.2 366.3 366.3 367.3 366.7 367.1 368.5 367.6 368.1 367.7 367.8 369.2 369.5 369.3 368.9 369.3 368.6 365.8 363.3 364.0 362.8 364.1 363.1 362.6 362.7 362.0 360.2 360.6 362.4 362.4 361.9 360.9 361.6 360.6 361.8 362.3 362.9 363.3 360.7 359.8 356.1 135.9 136.3 138.9 141.0 141.0 145.1 147.1 146.2 147.4 147.7 149.0 149.0 149.0 148.3 155.2 153.3 155.1 152.8 156.6 155.3 156.0 154.8 156.9 156.0 155.7 152.4 154.5 156.1 156.2 155.9 154.0 157.3 159.7 160.6 160.8 159.8 163.5 162.1 165.5 166.0 170.7 166.5 169.2 168.8 172.0 172.6 175.9 178.0 179.6 181.5 181.2 176.5 165.2 343.5 355.3 360.9 362.5 362.2 364.4 363.8 369.4 371.1 372.5 374.3 376.0 374.2 375.0 375.7 373.4 368.9 365.2 365.7 364.2 365.8 363.9 364.0 365.1 364.8 362.7 361.2 365.3 364.9 362.8 359.9 361.9 360.8 364.2 361.6 360.2 362.2 361.7 358.4 357.7 360.8 360.9 360.3 358.6 360.5 359.4 362.3 361.4 361.8 362.2 358.5 355.1 346.7 132.3 142.7 145.6 147.6 146.8 152.2 153.5 153.0 153.7 152.9 153.6 153.2 152.2 150.1 157.4 153.4 155.0 152.9 156.9 155.0 158.0 154.4 154.5 153.0 152.3 147.6 148.8 151.6 153.2 153.3 150.7 155.2 157.0 159.1 157.9 155.4 158.4 156.4 159.1 159.6 165.9 161.6 166.0 165.0 170.0 170.7 177.6 178.3 179.8 183.6 182.8 178.0 162.1 OVERNIGHT RPS NET 53.9 52.6 50.8 50.8 52.2 50.6 51.8 51.5 50.7 49.1 49.9 50.1 45.3 53.0 49.5 49.3 48.9 50.4 49.1 53.0 52.4 52.0 51.6 53.0 52.2 52.6 51.0 52.3 49.6 51.0 51.6 51.7 55.3 54.2 50.3 52.6 52.3 51.2 51.6 52.8 54.6 54.1 51.1 53.7 53.1 55.6 54.9 50.6 54.1 55.4 52.8 50.8 54.3 OVERNIGHT EUROS NET 21.1 19.9 20.1 19.3 18.4 18.2 19.2 19.7 19.8 19.9 21.4 21.1 18.5 19.7 19.3 19.8 19.7 18.6 17.9 17.5 16.6 13.9 14.8 15.2 16.5 16.9 13.5 14.2 14.0 13.1 13.5 14.0 13.9 15.6 15.4 13.8 14.5 14.6 15.4 15.6 15.4 16.1 17.4 17.7 18.0 20.1 21.4 19.6 21.5 22.7 22.6 24.1 25.3 TERM RP'S AT CB'S NET 46.8 47.3 49.3 49.6 50.2 50.6 47.9 46.6 47.1 48.1 48.1 48.2 48.8 48.5 49.8 48.9 49.3 48.9 48.6 47.8 48.3 48.0 49.0 49.9 49.4 48.4 49.8 49.9 49.6 49.6 48.6 49.1 48.2 49.3 49.6 47.7 48.0 48.3 48.0 47.3 48.5 48.7 50.9 49.7 48.5 46.7 47.0 49.3 45.9 47.0 46.8 47.9 47.4 TERM RPS AT THRIFTS 40.5 40.4 40.7 40.0 39.1 39.1 38.1 37.6 36.7 36.8 35.7 35.3 32.3 33.9 33.6 32.8 32.5 32.7 32.9 32.4 31.7 30.0 30.0 29.7 29.2 27.7 29.2 28.9 29.4 29.5 29.2 29.7 29.7 29.9 28.3 30.0 29.7 28.4 26.3 27.2 26.8 26.4 26.7 25.6 26.3 26.1 25.8 24.1 25.7 25.2 23.0 21.7 22.1 TERM EURO$ NET 67.4 67.8 70.2 71.3 69.8 71.3 69.7 68.6 69.8 69.4 69.1 66.7 66.3 64.6 67.0 65.7 63.6 62.6 61.2 62.5 62.8 62.8 60.8 62.0 62.0 61.2 62.2 61.0 63.1 64.2 63.8 65.5 63.7 62.4 62.3 61.4 61.2 60.9 62.1 60.8 64.2 63.9 63.1 62.8 62.8 62.8 62.0 61.0 56.6 58.0 58.8 60.1 57.9 TABLE 14 MEMORANDUM ITEMS BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -UtnANU UCKlJZ>JL 1 O U U C FOREIGN COMMERCIAL BANKS 1 9 7 5 JAN 6 JAN 13 JAN 20 JAN 27 FEB 3 FEB 10 FEB 17 FEB 24 MAR 3 MAR 10 MAR 17 MAR 24 MAR 3 1 APR 7 APR 14 APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL 21 28 5 12 19 26 2 9 16 23 30 7 14 JUL 2 1 JUL 28 AUG 4 AUG 1 1 AUG 18 AUG 25 SEP 1 SEP 8 SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 DEC 2 9 FOREIGN OFFICIAL INSTITUTIONS 8.5 2.9 7.5 7.5 6.9 7.0 6.7 6.9 2.6 2.3 2.3 2.3 2.2 2.3 2.1 2.3 2.2 2.4 2.3 2.5 2.5 2.4 2.2 6.8 6.7 6.9 6.8 6.5 6.5 6.2 6.2 6.3 6.4 6.7 6.7 6.7 6.4 6.5 6.5 6.2 6.5 6.3 6.5 6.7 6.7 6.8 6.8 6.7 6.3 6.2 6.5 6.8 6.4 6.7 6.8 6.9 6.6 6.8 6.6 6.4 6.7 6.9 6.4 6.7 6.7 7.0 6.8 7.1 IU — 2.1 2.2 2.2 2.0 2.0 2.2 2.3 2.3 2.3 2.4 2.6 2.2 2.2 2.1 2.2 2.3 2.3 2.2 2.1 2.4 2.3 2.4 2.1 2.3 2.3 2.2 2.2 2.3 2.2 2.2 2.1 2.3 2.2 2.2 2.2 2.3 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 16.2 16.0 16.0 16.1 16.0 16.0 16.0 15.9 15.7 15.7 15.7 15.7 15.8 16.0 16.0 16.0 16.0 16.2 16.6 16.8 16.8 16.7 16.5 16.7 16.5 16.6 16.5 16.6 16.3 16.0 15.8 15.9 15.9 15.5 15.5 15.3 15.7 15.7 16.0 16.2 16.5 16.3 16.3 16.2 15.9 15.8 15.7 15.8 15.7 15.5 15.8 15.9 DEMAND NOTE DEPOSITS AT COMMERCIAL BANKS BALANCES AT FEDERAL RESERVE 4.7 3.3 3.3 4.5 4.3 3.4 2.9 3.6 2.5 2.9 3.7 4.7 1.9 1.4 1.6 3.0 2.6 1.5 2.0 3.5 2.8 0.6 0.4 3.4 4.3 3.5 2.6 5.2 4.3 7.3 4.0 3.6 3.1 2.8 3.6 4.3 6.0 3.2 4.2 3.5 2.8 1.9 1.0 3.5 7.9 9.0 8.4 7.9 7.5 3.5 2.8 2.8 2.5 2.4 3.0 2.8 3.3 3.5 5.5 3.6 4.1 3.1 3.5 3.0 3.1 3.7 3.3 3.7 3.3 3.2 3.8 6.0 3.7 5.8 1.8 1.5 4.2 5.8 3.4 1.2 1.4 1.8 1.2 0.2 0.3 1.2 1.8 1.4 1.2 5.0 BALANCES AT DEPOSITORIES 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 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 7.4 5.9 3.1 3.6 6.1 6.8 2.9 3.3 5.0 4.1 0.0 0.0 1.9 1.9 0.0 0.0 5.5 6.8 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL CASH BALANCE 6.5 4.6 4.9 7.6 7.0 4.9 4.8 7.1 5.3 3.5 4.1 8.2 7.1 5.4 3.6 8.8 12.2 16.2 12.4 11.6 10.5 8.6 5.4 5.8 10.2 9.0 7.6 4.7 4.9 4.6 4.0 2.7 2.7 4.2 4.6 4.7 4.7 10.5 11.0 10.0 6.2 7.1 9.1 9.9 6.6 6.7 8.7 7.5 5.1 5.8 11.6 10.5 TIME AND SAVINGS DEPOSITS AT C B ' S 0.5 0.5 0.6 0.5 0.5 0.6 0.5 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 TABLE 14 MEMORANDUM ITEMS BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -UtriANU UtKlJ ^ l l ^ UUt IU-- FOREIGN COMMERCIAL BANKS 1976 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR 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 OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 FOREIGN OFFICIAL INSTITUTIONS 7.6 6.8 6.7 6.9 6.6 7.0 6.6 7.3 7.0 7.3 7.2 7.0 6.7 7.3 7.0 7.1 7.1 7.2 7.4 7.3 7.2 6.9 7.4 7.3 7.4 6.9 7.8 8.0 7.7 7.3 7.5 7.4 7.4 7.4 7.3 7.3 7.6 7.6 7.6 8.0 7.7 7.8 7.5 7.7 7.7 8.1 8.1 8.3 8.2 8.2 8.0 8.4 2.8 2.7 2.5 2.5 2.4 2.3 2.3 2.1 2.2 2.2 2.2 2.2 2.2 2.5 2.2 2.1 2.0 2.4 2.5 2.3 2.2 2.3 2.5 2.3 2.4 2.4 2.6 2.5 2.5 2.5 2.7 2.5 2.6 2.2 2.4 2.3 2.3 2.4 2.4 2.3 2.3 2.4 2.3 2.6 2.5 2.4 2.2 2.9 2.7 2.5 2.9 3.0 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 15.9 15.8 15.3 15.0 14.8 14.5 14.4 14.2 13.8 13.2 13.2 12.9 12.6 12.6 12.4 12.1 12.0 11.7 11.9 12.2 12.4 12.6 12.6 12.9 13.0 13.0 13.2 13.3 13.3 13.1 12.8 12.6 12.5 12.4 12.4 12.3 12.4 12.4 12.5 12.6 12.5 12.3 12.2 12.1 12.0 12.0 11.7 11.5 11.7 11.8 12.1 12.4 DEMAND DEPOSITS AT COMMERCIAL BANKS BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES 3.1 3.9 3.7 4.1 4.0 4.9 4.1 5.5 3.6 3.4 4.0 5.3 3.4 3.0 2.9 4.9 4.1 4.2 4.0 3.5 4.1 3.1 3.6 3.4 8.0 4.3 3.7 3.4 3.3 3.6 3.6 4.0 3.4 4.4 3.0 4.0 3.9 6.1 5.5 4.8 3.9 3.8 4.1 4.2 4.3 3.5 4.6 3.7 3.8 3.4 7.0 4.1 5.9 3.4 4.0 8.4 9.8 7.0 7.4 10.8 9.9 7.2 6.0 9.0 7.7 4.3 2.4 6.0 6.9 8.9 6.4 6.5 8.1 6.8 3.0 4.1 8.3 11.8 10.4 7.1 5.6 6.2 7.6 5.4 6.1 10.1 10.1 6.7 3.8 9.3 12.3 11.6 7.8 8.4 9.1 9.7 6.8 6.0 6.4 6.5 3.7 3.4 6.5 9.8 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 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 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 TOTAL CASH BALANCE 9.0 7.3 7.8 12.5 13.9 11.9 11.4 16.3 13.6 10.7 10.0 14.3 11.1 7.3 5.3 10.9 11.0 13.1 10.4 10.0 12.2 9.9 6.6 7.5 16.3 16.0 14.1 10.6 9.0 9.8 11.3 9.4 9.5 14.5 13.2 10.7 7.6 15.5 17.8 16.4 11.7 12.2 13.1 13.8 11.1 9.5 11.0 10.2 7.5 6.8 13.5 13.9 TIME AND SAVINGS DEPOSITS AT CB'S 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.7 0.7 0.7 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.8 0.7 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 TABLE 14 MEMORANDUM ITEMS BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -UCHAINU ucnJD1IO U U C FOREIGN COMMERCIAL BANKS 1977 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR 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 OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 8.4 8.3 8.0 8.1 8.0 7.9 7.8 7.9 8.1 8.0 7.9 7.9 7.7 8.1 7.9 7.9 7.7 8.2 8.2 8.2 8.4 8.3 8.5 8.5 8.2 8.6 8.8 S.5 8.7 9.4 9.6 9.2 8.6 8.6 8.7 9.1 8.6 8.8 8.6 8.6 8.8 8.9 8.5 8.7 8.6 8.9 9.6 8.8 8.9 9.6 10.1 10.2 IU" FOREIGN OFFICIAL INSTITUTIONS 3.2 3.1 2.9 2.6 2.6 2.4 2.0 1.9 2.3 2.4 2.4 2.1 2.3 2.5 2.4 2.4 2.3 2.2 2.7 2.3 2.6 2.4 2.5 2.8 2.5 2.5 2.8 2.7 2.6 2.7 3.1 2.6 2.7 2.2 2.5 3.0 3.1 2.5 2.7 2.7 2.9 2.6 2.6 2.6 2.5 2.6 2.4 2.7 2.7 3.0 2.9 3.2 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 12.5 12.5 12.0 11.8 11.8 11.6 11.6 11.5 11.3 11.3 11.3 11.3 11.2 11.2 11.2 11.1 11.1 11.1 11.3 11.7 12.0 12.0 12.2 12.0 12.1 12.3 12.4 12.2 11.9 11.3 11.4 11.5 11.5 11.3 11.2 11.2 10.8 10.8 10.8 10.9 11.1 10.9 11.2 11.2 11.4 11.4 11.6 11.6 11.5 11.5 11.5 11.8 DEMAND DEPOSITS AT COMMERCIAL BANKS 3.3 4.0 3.6 4.6 3.7 4.0 3.3 4.8 4.5 3.6 3.6 7.1 3.6 3.2 3.2 7.5 5.6 7.3 3.9 3.0 3.2 3.0 3.8 3.1 8.7 4.7 3.2 3.5 3.8 4.0 3.6 3.4 2.9 4.4 3.1 2.7 3.1 7.4 5.1 6.0 3.6 3.3 4.0 3.3 3.4 2.8 4.3 3.5 3.2 2.8 7.6 5.8 BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE TIME AND SAVINGS DEPOSITS AT CB'S 9.0 6.5 5.8 8.6 10.9 11.3 9.3 11.0 11.6 8.7 5.8 9.8 9.2 5.9 5.3 6.2 9.6 13.5 13.3 10.9 10.5 6.9 3.3 1.3 8.7 14.1 12.6 9.0 6.8 8.0 8.5 6.1 5.0 6.3 5.9 3.7 3.8 6.2 12.1 12.6 5.5 4.7 6.0 6.2 2.9 1.8 1.8 2.1 4.2 3.2 5.3 9.3 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 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 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12.3 10.5 9.4 13.3 14.6 15.3 12.6 15.8 16.1 12.3 9.4 16.9 12.8 9.1 8.5 13.7 15.2 20.8 17.2 13.8 13.7 10.0 7.1 4.4 17.4 18.7 15.7 12.5 10.5 12.0 12.1 9.5 7.8 10.7 8.9 6.4 6.9 13.6 17.2 18.7 9.2 8.0 10.0 9.5 6.4 4.5 6.0 5.6 7.4 6.0 12.9 15.2 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.7 0.7 0.7 0.7 0.8 0.7 0.8 0.8 0.8 0.8 0.9 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 TABLE 14 MEMORANDUM ITEMS BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -UtriANU UtKlJi>JUi> uut I U — FOREIGN COMMERCIAL BANKS 1978 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY 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 2 9 16 23 30 6 13 20 27 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 FOREIGN OFFICIAL INSTITUTIONS 11.0 10.4 9.7 9.3 9.2 9.8 11.0 9.8 10.6 10.3 9.9 9.9 10.7 10.4 9.8 9.6 9.7 10.0 9.7 10.0 9.7 10.0 10.9 10.5 9.8 9.8 10.1 10.6 10.0 9.1 9.7 10.4 9.9 10.1 10.3 9.7 9.9 9.6 9.7 9.6 9.6 10.2 10.0 9.5 10.0 10.6 10.2 10.0 9.8 9.8 10.5 11.4 3.8 3.2 2.8 2.5 3.2 2.6 2.8 2.9 2.9 2.7 2.7 2.5 2.5 2.8 3.1 3.1 2.8 3.1 2.8 2.4 2.3 2.5 2.9 2.4 2.4 2.4 2.8 2.5 2.4 3.0 2.7 2.8 2.5 2.4 2.6 2.6 2.9 2.4 2.5 2.6 3.0 2.5 2.5 2.6 2.9 2.6 2.6 2.5 2.6 2.4 3.2 2.7 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 11.6 11.7 11.8 11.7 11.8 12.0 12.0 12.2 12.2 12.3 12.2 12.2 12.2 12.2 11.8 11.7 11.7 11.7 11.5 11.5 11.4 11.4 11.4 11.4 11.5 11.3 11.3 11.3 11.0 10.9 10.8 10.7 10.7 10.7 10.8 11.2 11.4 11.3 11.2 11.0 11.0 11.1 11.2 11.5 11.5 11.7 11.9 12.0 11.9 11.7 11.6 11.6 bUYCKNTlCINI DEMAND DEPOSITS AT COMMERCIAL BANKS BALANCES AT FEDERAL RESERVE 6.8 4.4 3.7 4.4 3.8 4.8 3.3 3.8 5.0 4.7 3.5 7.4 4.1 3.8 3.8 4.7 7.1 5.1 4.2 3.1 4.9 3.8 3.4 2.9 10.8 6.6 7.6 5.3 3.2 3.5 3.9 3.7 2.8 4.3 3.6 2.8 3.6 7.9 7.6 8.4 5.2 3.3 3.2 4.0 3.6 2.5 2.7 2.2 2.3 2.2 6.2 2.8 6.9 6.4 5.3 8.2 10.9 8.2 5.0 4.7 4.1 4.3 2.6 5.4 6.5 5.4 3.9 3.4 6.3 8.1 10.4 6.6 4.4 3.3 4.5 3.7 9.2 11.7 10.3 10.5 10.5 11.2 10.6 8.7 8.4 10.8 11.7 9.5 7.8 9.5 15.4 15.1 14.5 15.1 15.4 15.1 11.1 8.1 6.4 6.5 5.3 2.1 3.7 5.0 UCfU NOTE BALANCES AT DEPOSITORIES 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 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 3.2 3.6 8.1 8.4 3.4 2.2 5.8 12.7 TOTAL CASH BALANCE 13.7 10.8 9.0 12.6 14.6 13.0 8.3 8.5 9.1 8.9 6.0 12.8 10.6 9.3 7.7 8.1 13.4 13.2 14.5 9.7 9.3 7.0 8.'0 6.6 20.0 18.2 18.0 15.8 13.7 14.8 14.5 12.4 11.2 15.1 15.3 12.3 11.4 17.4 23.0 23.5 19.7 18.5 18.6 19.1 17.9 14.2 17.2 17.1 11.0 6.4 15.7 20.5 TIME AND SAVINGS DEPOSITS AT CB'S 0.9 0.9 0.9 0.8 0.9 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 0.9 0.9 0.9 1.0 0.9 1.0 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 1.0 1.0 1.0 1.0 1.0 1.0 1.0 0.9 0.9 0.9 0.9 1.0 0.9 0.9 0.9 1.0 1.0 0.9 0.9 TABLE 14 MEMORANDUM ITEMS BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED > -ucnMnu UCKIJ2>± 1 i U U C IU — FOREIGN COMMERCIAL BANKS 1979 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 1 8 15 22 29 5 12 19 26 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 FOREIGN OFFICIAL INSTITUTIONS 11.9 11.3 10.4 10.2 3.0 3.0 2.4 2.6 2.8 2.6 2.8 2.7 2.5 2.9 2.7 2.6 2.6 2.8 3.0 2.8 2.7 2.8 3.1 3.1 2.8 3.0 4.0 3.0 3.0 3.4 3.6 3.1 3.4 2.9 2.8 3.0 2.8 3.0 2.7 3.0 2.8 2.6 2.8 2.6 2.7 2.5 2.8 2.7 2.3 2.7 3.2 3.2 3.7 3.2 3.9 3.2 3.3 io.2 10.1 9.8 10.1 10.9 9.7 9.9 9.6 9.8 9.6 9.6 9.5 9.5 9.7 9.4 10.0 10.1 10.3 10.6 11.2 10.1 10.8 10.5 11.8 11.1 10.4 11.0 11.0 11.0 10.9 10.5 10.8 11.0 11.4 11.2 11.7 12.2 12.5 11.9 10.4 11.1 11.3 11.9 11.7 11.7 12.2 12.3 11.8 12.8 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 11.5 11.5 11.7 11.5 11.6 11.4 11.2 11.0 11.0 10.8 10.8 10.9 11.0 11.0 10.9 10.6 10.3 10.2 10.2 10.1 10.0 9.8 10.0 10.0 9.9 10.0 10.2 10.2 10.0 9.9 9.9 9.9 9.8 9.9 9.8 9.8 9.8 9.8 9.8 9.8 9.5 9.3 9.1 8.8 8.8 8.7 8.8 8.9 9.0 9.1 9.7 10.2 10.3 DEMAND DEPOSITS AT COMMERCIAL BANKS 2.8 2.7 2.4 2.8 2.5 3.0 2.2 2.5 2.3 2.6 2.1 3.5 2.1 2.1 2.2 3.4 2.5 2.6 2.6 1.9 3.1 2.4 2.1 2.2 8.2 2.6 2.2 2.7 2.3 2.1 2.0 3.4 2.4 2.4 1.8 1.8 2.8 3.9 2.8 2.4 2.3 2.3 2.2 2.0 2.7 2.0 2.4 2.3 2.1 2.2 3.9 2.7 2.5 BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE TIME AND SAVINGS DEPOSITS AT CB'S 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 2.4 3.4 3.5 3.6 3.4 3.6 3.3 3.2 3.1 2.7 3.0 3.2 3.0 3.4 3.3 3.5 4.6 4.9 2.9 3.0 3.5 3.1 3.1 2.9 3.2 3.1 2.6 3.1 2.6 3.1 3.6 12.7 7.0 6.2 9.8 13.4 8.6 5.0 4.4 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 2.0 3.2 8.7 11.1 15.2 9.4 8.8 11.6 12.1 8.9 5.2 8.0 8.2 4.5 4.3 8.7 17.3 14.5 7.3 8.5 10.4 10.2 3.8 2.2 2.5 4.6 2.9 2.0 4.7 12.9 12.6 19.4 12.9 11.9 16.0 19.3 15.3 10.4 10.4 11.4 10.5 6.2 12.5 10.7 6.7 5.5 7.8 9.9 11.0 14.4 10.9 12.0 10.7 6.4 8.9 20.4 17.2 20.8 15.8 14.4 16.9 17.1 15.0 10.6 13.6 13.0 9.6 10.5 16.0 24.6 21.8 12.5 13.8 16.1 15.3 9.7 7.0 8.2 10.0 7.6 7.3 11.2 18.7 18.8 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 0.9 1.0 1.0 0.9 0.9 0.9 0.9 0.9 1.0 0.9 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 TABLE 14 MEMORANDUM ITEMS BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -UtHAINU > UtPlJ^>X 1 i U U t IU-- FOREIGN COMMERCIAL BANKS 1980 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 7 14 21 28 4 11 18 25 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 FOREIGN OFFICIAL INSTITUTIONS 12.4 11.9 12.6 10.8 12.1 11.9 12.0 12.0 12.2 13.0 12.9 13.3 12.3 13.6 13.1 12.4 12.0 12.8 12.9 12.6 13.6 13.9 12.3 12.7 12.0 12.4 12.3 12.9 12.4 11.9 12.2 11.4 11.2 11.5 12.0 12.2 11.3 11.5 11.6 11.8 11.8 12.6 11.9 11.7 12.3 13.1 13.0 12.3 11.9 13.0 12.2 13.1 3.2 3.3 3.7 3.6 3.7 3.4 3.3 3.1 3.1 3.3 3.0 3.1 3.4 3.4 3.7 3.8 3.6 4.7 4.2 3.5 3.7 3.5 3.3 3.2 3.2 3.3 3.8 3.4 3.4 3.0 3.8 3.0 3.3 3.3 3.3 3.3 3.2 2.6 2.5 2.8 2.9 3.1 2.9 2.9 3.8 3.5 3.0 3.2 3.7 3.6 3.2 3.8 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 10.3 10.2 9.5 9.2 9.0 9.1 9.2 9.2 9.2 9.4 9.4 9.5 9.4 9.3 9.6 9.8 9.8 9.8 9.9 9.9 10.0 10.8 10.8 10.8 10.9 10.9 10.9 10.9 10.9 11.0 11.1 11.1 11.1 11.1 11.1 11.1 11.4 11.5 11.6 11.6 11.7 11.7 11.8 11.9 11.8 11.8 11.9 11.8 11.8 11.9 11.9 12.2 DEMAND DEPOSITS AT COMMERCIAL BANKS BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE TIME AND SAVINGS DEPOSITS AT CB'S 3.6 2.5 3.7 2.8 2.6 2.6 2.9 2.8 2.4 2.6 3.7 2.5 2.2 3.0 2.6 5.0 3.8 3.4 2.4 2.5 2.4 2.5 2.8 4.6 3.2 2.3 4.2 2.2 3.2 2.5 2.3 2.4 2.8 2.4 2.1 2.7 3.4 3.1 2.5 3.7 2.9 2.7 2.2 2.3 2.8 2.5 2.2 2.5 2.4 3.2 3.0 2.9 2.8 3.3 3.1 3.0 3.0 3.7 3.4 3.7 2.7 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 3.3 2.7 3.2 2.7 3.3 3.6 3.8 2.7 3.0 3.0 3.1 4.3 3.3 3.3 3.2 3.2 2.3 3.1 3.5 2.9 2.8 2.2 2.8 2.3 3.3 7.1 6.0 10.3 14.2 10.3 7.6 8.4 10.2 7.3 3.1 2.0 7.0 7.2 2.1 1.8 6.2 11.1 8.3 4.5 5.5 5.7 4.4 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 7.4 15.1 17.6 12.0 6.8 9.2 10.1 8.2 2.1 1.9 5.5 4.2 1.2 3.5 11.2 10.2 13.5 11.8 17.0 20.0 15.9 13.9 14.6 16.7 12.4 8.6 8.2 12.7 11.6 7.3 5.6 14.6 18.8 14.1 9.7 11.0 10.7 10.8 9.1 10.4 17.9 16.5 13.1 9.9 12.1 12.7 9.4 9.6 12.4 15.8 14.7 10.9 13.8 21.4 24.3 19.0 13.0 15.1 15.5 12.8 8.0 7.9 10.7 9.5 5.8 9.5 16.4 16.4 0.9 1.0 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.8 0.8 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.8 0.8 0.8 0.8 0.8 0.8 0.9 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 TABLE 14 MEMORANDUM ITEMS BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -UtHAINU > UCKVJ^l 1 i U U t IU-- FOREIGN COMMERCIAL BANKS 1981 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 FOREIGN OFFICIAL INSTITUTIONS 13.2 12.0 11.8 12.5 12.2 11.3 14.0 13.5 12.5 11.2 12.2 11.6 11.8 12.7 11.6 12.8 12.3 12.4 11.8 11.6 12.2 13.2 12.7 12.5 13.5 13.1 12.4 12.5 13.5 11.8 12.9 13.0 12.8 13.3 13.5 11.8 13.1 13.0 13.4 15.3 12.5 13.7 12.3 12.5 12.6 11.6 12.2 12.1 13.3 12.2 12.5 12.3 4.2 3.5 3.1 3.4 3.2 3.3 3.1 3.7 3.1 3.2 3.0 2.9 2.6 3.2 3.2 3.4 3.5 3.2 3.5 2.7 2.4 2.8 3.0 3.3 2.9 2.8 3.0 3.0 3.1 2.5 2.5 2.5 3.0 2.8 2.9 2.6 3.5 2.8 3.0 2.8 2.2 2.1 2.1 2.6 2.4 2.8 2.3 2.2 2.2 2.9 2.6 2.5 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 12.2 12.1 11.9 11.8 11.8 11.8 11.8 11.8 11.7 11.4 11.4 11.5 11.6 11.5 11.2 11.1 11.0 10.9 11.0 10.9 10.9 10.9 10.8 10.6 10.6 10.5 10.4 10.5 9.6 9.6 9.4 9.3 9.3 9.3 9.4 9.6 9.4 9.3 9.2 9.3 9.3 9.3 9.3 9.3 9.1 9.1 9.3 9.4 9.3 9.2 9.4 9.5 DEMAND DEPOSITS AT COMMERCIAL BANKS 2.2 2.9 2.9 2.8 2.8 2.9 2.7 2.8 2.5 2.8 3.7 2.7 2.2 3.6 2.6 4.9 3.9 3.6 2.6 3.0 2.5 2.7 2.6 4.2 3.8 2.8 3.2 2.4 2.8 2.3 2.8 2.6 2.7 2.5 2.2 2.8 2.7 4.8 2.8 2.9 2.2 2.9 2.4 2.7 2.9 2.8 2.3 2.6 2.6 2.3 4.5 2.7 BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE TIME AND SAVINGS DEPOSITS AT CB'S 3.0 3.1 3.1 3.5 3.3 3.9 2.8 3.4 2.7 3.0 3.1 3.2 2.9 2.9 3.0 4.0 3.5 4.2 3.3 3.1 2.8 3.0 2.6 3.2 3.0 3.2 2.9 3.4 3.1 3.1 3.0 3.6 3.0 3.1 3.4 2.8 3.0 3.4 3.4 3.5 3.0 3.7 3.1 3.4 3.1 3.2 2.8 3.0 2.7 2.8 3.2 2.9 4.7 4.0 5.2 5.7 7.7 4.0 3.8 6.3 6.9 3.9 5.9 11.2 9.7 7.2 3.0 9.3 12.5 14.3 13.0 8.0 6.9 3.4 5.0 6.5 13.9 13.9 9.1 6.7 7.7 7.5 6.9 3.1 3.6 6.4 3.9 1.9 5.0 9.8 14.3 9.9 6.9 11.4 14.0 11.9 6.5 5.2 6.9 6.0 3.7 3.7 12.1 13.8 9.9 10.0 11.2 12.0 13.8 10.9 9.3 12.5 12.1 9.8 12.7 17.2 14.8 13.7 8.7 18.1 19.9 22.1 18.9 14.1 12.3 9.1 10.2 13.9 20.8 19.9 15.3 12.5 13.6 12.9 12.6 9.3 9.3 12.0 9.6 7.4 10.7 17.9 20.5 16.4 12.0 18.0 19.5 17.9 12.5 11.3 12.1 11.6 9.0 8.8 19.7 19.4 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.8 0.8 0.8 0.8 0.7 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 TABLE 14 MEMORANDUM ITEMS BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -DtriANU UtHlJblib uut I U — FOREIGN COMMERCIAL BANKS 1982 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR 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 OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 FOREIGN OFFICIAL INSTITUTIONS 11.9 11.3 10.8 11.1 10.5 9.9 9.7 10.3 10.2 10.2 9.7 9.1 9.3 8.8 8.5 8.6 8.7 8.8 9.3 9.1 9.3 9.0 10.1 8.8 9.5 9.2 9.4 9.6 9.5 9.5 9.6 9.5 8.7 8.5 8.2 8.2 9.1 8.2 8.2 8.0 7.7 9.1 8.4 8.6 8.2 8.2 8.3 9.0 9.1 8.9 8.8 9.2 2.6 2.6 2.4 2.5 2.2 2.5 2.3 2.1 2.2 1.9 2.4 2.4 2.2 1.9 2.0 1.8 1.9 2.2 2.1 2.1 2.0 2.3 2.0 2.2 2.3 2.1 3.1 2.4 2.6 2.4 2.7 2.3 2.1 2.2 2.3 2.3 2.0 1.8 1.9 2.0 2.4 2.0 2.1 2.1 2.2 1.8 1.8 1.8 2.0 2.0 1.9 2.1 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 9.5 9.2 9.2 9.0 8.9 8.7 8.6 8.5 8.5 8.6 8.6 8.4 8.3 8.2 8.4 8.6 8.6 8.7 8.9 9.1 9.3 9.5 9.6 9.7 9.8 9.8 10.1 10.0 10.1 9.9 10.0 10.0 9.9 10.0 10.0 9.8 9.7 9.6 9.6 9.5 9.5 9.4 9.5 9.5 9.6 9.5 9.6 9.5 9.4 9.4 9.4 9.2 muvcuroncm ucru DEMAND DEPOSITS AT COMMERCIAL BANKS BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE TIME AND SAVINGS DEPOSITS AT CB'S 2.6 2,5 3.3 3.1 2.9 2.8 2.5 3.0 2.5 2.9 3.1 2.9 2.1 2.8 2.5 4.8 3.9 3.6 2.7 2.7 2.4 2.3 2.9 2.5 5.1 2.5 2.6 2.8 2.6 2.3 2.5 2.6 2.4 2.2 2,0 3.7 2.7 4.3 2.5 2.3 2.3 3.2 2.4 2.4 2.7 2.6 2.4 2.6 3.2 2.2 4.1 2.4 3.7 3.1 3.7 6.1 7.9 5.3 4.6 6.7 3.9 3.6 3.1 3.3 3.1 3.9 3.6 4.3 4.8 9.8 4.7 3.1 3.0 2.8 3.4 3.0 3.7 3.1 3.4 3.3 3.2 3.4 3.6 4.0 3.0 2,9 3.2 3.8 3.5 3.6 4.5 4.7 2.8 2.9 2.8 2.7 3.3 3.1 2.9 3.3 3.0 3.3 3.0 3.3 7.4 6.7 11.9 16.1 17.2 16.4 17.6 17.8 16.5 12.8 10.7 13.7 11.9 7.1 4.3 11.6 15.3 17.1 17.6 12.7 9.4 6.0 5.3 4.1 8.7 12.4 3.5 4.9 6.5 7.7 6.3 4.8 5.6 6.8 5.8 3.6 6.5 8.9 16.3 16.8 13.7 12.7 14.0 11.1 4.9 4.2 5.3 4.0 7.6 2.6 9.6 10.8 13.8 12.3 18.9 25.3 28.0 24.6 24.7 27.5 23.0 19.4 16.9 19.9 17.2 13.8 10.5 20.6 24.0 30.5 25.0 18.5 14.9 11.1 11.6 9.6 17.5 18.0 9.5 11.1 12.3 13.3 12.4 11.4 11.0 11.9 10.9 11.1 12.7 16.9 23.3 23.9 18.7 18,8 19.2 16.2 10.8 9.8 10.5 9.8 13.8 8.2 16.6 16.6 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.8 0.8 0.9 0.8 1.0 1.0 1.0 0.9 0.9 0.9 1.0 1.0 0.9 1.0 1.0 1.0 1.0 0.9 0.9 0.9 0.9 0.9 1.0 1.1 1.1 1.0 1.1 1.0 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.1 1.1 1.1 1.1 TABLE 14 MEMORANDUM ITEMS BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -UtHANU Pfc^iJ;>4.IS vut iu— FOREIGN COMMERCIAL BANKS 1983 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR 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 OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 3 10 17 24 31 7 14 21 28 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 I 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 FOREIGN OFFICIAL INSTITUTIONS 9.3 8.1 8.4 8.1 8.3 7.9 7.9 8.2 8.0 8.3 8.2 8,2 8.3 7.9 8.2 8.1 7.7 8.0 8.2 8.2 8.0 8.1 9,2 8.4 8.4 8.6 8.9 9.2 8.9 8.5 8.4 8.5 §.6 &.Z 8.3 8.5 9.0 9.0 7.8 8.1 8.2 9.2 8.2 8.2 8.8 8.5 9.4 8.5 9.0 8.6 8.6 8.5 2.3 2.1 2.2 2.0 2.1 2.1 1.9 1.9 1.9 1.8 1.9 1.7 1.9 2.1 1.9 2.0 2.0 2.0 1.9 2.0 1.9 1.9 1.9 1.8 2.0 2.0 2.1 2.1 2.2 1.9 1.9 2.0 1.9 1,9 2.0 2.3 r:i 1.7 1.6 *o , 2.0 1.8 1.9 1.8 1.8 2.0 2.1 2.4 1.9 1.9 2.0 TIME AND SAVINGS DEPOSITS DUf TO FOREIGN BANKS 1 OFFICIAL INSTITUTIONS 9.3 9.2 9.1 9.1 9.1 9.1 9.0 9.0 8.9 8.8 8.9 8.9 8.9 8.9 8.7 8.7 8.5 8.5 8.4 8.3 8,2 8.0 7,8 7.6 7.8 7.8 7.6 7,5 7.4 7.4 7.2 7.1 7.1 7,1 7,0 7.0 6.8 6.8 >>* 6.4 6.5 6.7 6.8 6.9 7.2 7.3 7.5 7.6 7.7 7.8 8.0 8.2 DEMAND DEPOSITS AT COMMERCIAL BANKS 2,2 2.8 3.2 3.2 2.5 2.9 2.1 3.4 2.6 2.9 2.2 3,8 2,1 2.5 2,6 6.0 4.2 3,6 2,7 2.6 2,3 2.1 3.8 2.5 5.0 2.5 2.6 2.9 3.1 2.5 2.7 2,6 2,3 2.5 2,0 2.1 3.1 4,7 2.8 2.5 2.6 3.2 2.6 2.5 2.9 2.5 3.1 2.5 2.7 2.3 4.3 2.7 BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE TIME AND SAVINGS DEPOSITS AT CB'S 4.2 2.9 3.1 3.9 2.4 3.5 3.3 3.2 2,9 • 3.7 3,7 3,4 2.5 3,9 3,0 3,3 4.2 5.9 3.8 3.1 3,0 2,9 2.6 3,1 3.8 3,9 4,5 4,5 3.3 4.5 4.0 3.8 33 3.6 3,3 3,4 3,4 7.2 14,2 12,3 8,6 5.3 5,8 3.9 2.9 3.2 2.4 2.9 3,1 3.3 4.1 3.7 13.4 12.2 12.5 14.9 14.6 7.0 4.6 7.3 9.2 8.9 8.7 12.4 12.6 6.6 5.3 10.0 15.3 17.9 15.0 10.8 5.6 3.1 4.0 2.7 13.2 19.2 19.0 19.2 19.2 19.3 18.2 12.7 12.0 14.5 14.9 8.5 9.5 18.5 20.7 21.0 21.8 22.2 22.5 22.5 8.3 3.7 3.7 2.6 6.9 3.7 10.2 9.0 19.8 17.9 18.8 22.0 19.6 13.4 10.0 13,9 14.7 15.5 14.6 19.6 17.3 13,0 11.0 19,2 23.6 27.4 21.6 16.5 10.8 8.1 10.5 8.3 22.0 25.5 26.0 26.6 25.6 26.3 24.9 19.1 17.7 20.6 20.3 14.3 16.1 30.4 37.6 35.8 33,1 30.6 30.9 28.9 14.1 9.4 9.2 8.0 12.7 9.2 18.7 15.4 1.2 1.1 1.1 1.1 0.9 1.0 0.9 0.9 1.0 1.0 1.0 1.0 1.1 1.1 1.0 1.2 1.1 1.1 1.0 0.9 0.9 0.9 0.9 0.8 0.8 0.9 0.9 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 TABLE 1 + < MEMORANDUM ITEMS BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -DEMAND UtHlJ5Ili> U U t IU-- FOREIGN COMMERCIAL BANKS 1984 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 16 23 30 6 13 20 27 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 FOREIGN OFFICIAL INSTITUTIONS 9.1 9.9 8.9 8.6 8.0 9.1 8.2 9.3 9.5 8.9 8.4 8.6 8.2 8.8 8.3 8.4 8.6 8.6 8.9 8.8 8.9 8.7 9.3 9.1 8.5 8.4 9.0 9.3 8.6 8.6 8.9 8.8 8.5 8.8 8.1 8.7 8.8 8.4 8.3 8.1 8.7 8.7 8.4 8.5 9.1 9.4 9.3 8.9 8.8 9.3 9.0 9.3 8.8 2.0 2.0 2.0 1.8 1.9 1.9 2.0 2.1 2.2 2.2 2.0 2.0 2.0 1.9 1.9 2.0 1.9 1.9 2.2 2.1 2.3 2.0 2.1 2.0 2.0 2.0 2.0 2.3 2.0 1.9 2.1 1.8 1.8 2.0 2.2 2.0 2.1 2.1 2.1 2.1 1.8 1.9 1.8 1.9 2.1 2.2 2.1 2.1 2.0 2.0 2.2 1.8 1.7 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 8.3 8.3 8.1 8.0 7.9 7.9 7.8 7.8 7.7 7.7 7.8 7.8 7.7 8.0 8.1 8.4 8.7 8.8 8.7 8.7 9.0 8.8 8.8 9.1 9.2 9.2 9.4 9.0 8.9 8.8 8.8 8.9 9.1 9.0 8.9 8.9 9.0 8.9 8.8 8.8 8.6 8.6 8.7 8.6 8.7 8.9 9.0 9.0 9.0 9.3 9.3 9.3 9.5 DEMAND DEPOSITS AT COMMERCIAL BANKS 2.9 3.3 3.2 3.4 2.5 4.2 2.4 2.8 2.8 3.1 2.5 4.2 2.6 2.5 3.0 4.6 4.0 4.0 3.0 2.2 3.4 2.3 2.7 2.8 7.3 3.2 2.7 3.4 2.9 2.5 2.4 4.2 2.3 3.0 2.3 2.3 3.2 4.8 3.3 2.6 2.8 2.9 2.6 2.2 3.0 2.8 2.9 3.0 2.4 2.8 4.6 3.4 3ol i?u v c Krone IN i UCKU BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE TIME AND SAVINGS DEPOSITS AT CB'S 3.4 3.5 3.1 5.3 7.2 5.4 4.5 4.6 5.0 3.3 3.3 4.6 4.6 3.9 3.4 2.6 7.3 14.1 7.4 3.3 4.5 2.9 5.4 3.1 3.9 3.5 4.0 4.2 3.5 3.9 4.2 3.9 3.2 3.5 3.6 3.8 4.2 3.8 8.9 8.5 5.6 3.3 3.3 3.4 3.5 3.1 3.7 2.8 2.8 3.2 3.1 3.9 3.8 9.4 11.4 13.3 21.1 21.7 19.9 15.9 20.2 21.5 17.2 13.4 13.3 16.6 12.1 7.2 4.5 17.6 21.7 21.9 15.2 2.7 3.1 3.5 4.1 5.6 16.3 11.6 2.9 9.0 10.8 12.6 9.4 5.7 6.5 8.5 7.5 7.4 10.5 20.7 21.7 8.6 4.1 6.1 11.5 13.0 7.8 5.7 6.5 5.3 6.0 4.6 13.9 13.8 15.7 18.1 19.7 29.8 31.3 29.5 22.8 27.6 29.3 23.6 19.1 22.1 23.8 18.5 13.6 11.6 29.0 39.9 32.3 20.7 10.6 8.3 11.6 10.0 16.8 23.0 18.3 10.5 15.4 17.2 19.3 17.5 11.2 13.0 14.3 13.6 14.9 19.1 33.0 32.8 17.0 10.3 12.0 17.2 19.5 13.7 12.3 12.3 10.4 12.0 12.3 21.3 20.8 0.5 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.2 1.2 1.2 1.2 1.2 1.1 1.2 1.2 1.2 TABLE 14 MEMORANDUM ITEMS BILLIONS OF DOLLARS, NOT SEASOfNIALLY ADJUSTE D U.S. GOVERNMENT DEPOSITS -DEMAND DEPOSITS DUE T O FOREIGN COMMERCIAL BANKS 1985 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 SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 7 14 21 28 4 11 18 25 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 FOREIGN OFFICIAL INSTITUTIONS 9.8 8.5 8.5 9.2 8.8 8.6 8.7 8.9 8.2 7.8 7.4 7.8 7.6 8.4 7.8 7.4 7.3 8.0 8.1 8.2 7.9 7.8 8.5 7.7 7.9 8.2 7.7 8.5 8.7 8.1 8.7 8.3 7.8 8.1 7.7 9.6 8.2 8.4 8.3 9.8 8.1 8.6 8.2 8.5 8.4 8.5 8.4 8.3 8.1 9.0 8.2 9.5 1.9 1.8 1.8 1.9 2.2 2.3 2.1 2.0 2.0 1.8 1.9 1.8 1.9 1.9 2.0 1.9 1.9 2.3 2.1 2.3 1.9 1.9 1.9 2.2 1.9 1.9 1.9 1.9 1.9 1.8 1.9 1.9 2.1 1.8 2.0 2.0 2.3 1.9 2.2 1.9 1.9 1.9 1.9 1.9 2.2 2.2 2.1 2.5 1.9 1.9 2.2 2.0 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 9.3 9.0 9.0 8.9 8.8 8.7 8.8 8.7 8.7 8.6 8.5 8.5 8.5 8.4 8.3 8.4 8.4 8.4 8.3 8.3 8.3 8.3 8.4 8.3 8.3 8.3 8.3 8.4 8.4 8.5 8.5 8.3 8.4 8.5 8.5 8.4 8.6 8.7 8.7 8.7 8.6 8.5 8.5 8.4 8.5 8.4 8.3 7.9 8.0 7.9 7.7 7.6 DEMAND DEPOSITS AT COMMERCIAL BANKS BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE TIME AND SAVINGS DEPOSITS AT CB'S 4.4 2.7 4.4 3.1 3.0 2.9 3.5 3.2 2.9 3.0 6.3 3.0 2.7 3.2 4.4 4.1 3.7 4.8 2.5 3.2 2.4 2.8 3.0 4.7 3.6 2.9 4.2 2.8 2.8 2.4 3.4 2.5 2.8 2.8 2.6 3.5 4.7 3.3 2.6 3.1 2.5 3.9 2.4 3.0 2.7 3.4 2.7 3.2 3.0 4.5 3.3 3.2 3.4 3.8 3.0 5.3 4.8 5.2 3.7 4.2 3.2 4.2 3.7 4.3 3.3 4.4 3.3 4.5 13.5 15.7 8.0 3.5 3.2 2.7 2.3 2.0 3.7 3.5 5.3 3.4 3.9 3.7 2.4 3.5 2.9 2.7 3.3 3.6 3.2 5.7 4.9 3.1 3.2 3.3 3.1 2.5 3.2 3.2 2.8 2.2 2.7 3.3 3.6 3.9 9.9 13.0 15.6 20.3 16.6 10.5 11.6 13.9 12.1 5.0 5.5 13.7 11.0 5.6 1.4 17.0 20.4 21.6 21.9 18.2 14.6 9.8 5.4 4.7 17.3 20.3 21.2 18.5 20.0 21.5 15.9 9.5 8.8 10.7 9.4 6.3 6.3 21.6 20.6 4.9 1.4 1.5 2.1 1.9 5.1 3.0 4.4 10.0 2.9 1.4 18.1 21.2 17.8 19.5 23.0 28.7 24.4 18.6 18.9 21.3 18.2 12.2 15.5 21.0 17.0 13.2 9.1 25.6 37.7 42.1 32.4 24.8 20.2 15.2 10.8 11.3 24.5 26.6 30.7 24.8 26.6 27.6 21.7 15.5 14.4 16.1 15.3 13.3 14.2 30.5 28.0 11.1 7.0 8.7 7.6 7.4 11.1 9.6 9.8 15.4 8.6 9.2 25.0 28.3 1.2 1.2 1.2 1.2 1.2 1.2 1.1 1.1 1.1 1.1 1.0 1.0 0.9 0.9 1.0 0.9 0.9 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.1 1.0 1.1 1.0 1.1 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 TABLE 14 MEMORANDUM ITEMS BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -UtriANU UtPlJ^JL 1 ^ U U C IU— FOREIGN COMMERCIAL BANKS 1986 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG SEP SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC 6 13 20 27 3 10 17 24 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 FOREIGN OFFICIAL INSTITUTIONS 10.1 8.3 8.8 9.6 7.9 8.0 7.9 9.6 8.0 9.0 8.4 8.0 8.3 8.7 8.1 8.8 9.5 9.2 8.8 9.2 9.1 9.6 9.3 9.2 9.6 9.6 9.7 10.0 9.6 9.8 9.1 9.7 9.2 9.3 9.7 10.2 9.4 9.4 9.5 9.9 9.7 10.5 9.3 8.9 8.9 9.3 9.6 9.6 9.6 9.7 8.4 10.0 2.3 2.1 2.1 2.0 2.3 1.9 1.7 1.8 2.0 1.7 1.7 1.6 1.7 1.8 1.7 1.8 1.8 1.7 1.6 1.6 1.6 1.8 1.7 1.7 1.8 1.7 2.1 2.1 1.9 1.8 1.9 1.8 1.7 1.7 1.7 1.7 1.8 2.0 1.9 1.9 1.8 1.9 1.9 1.9 2.1 2.3 1.9 2.2 2.0 1.8 1.9 2.0 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 7.6 7.3 7.0 6.8 6.6 6.4 6.2 5.9 5.7 5.6 5.3 5.2 5.0 5.0 4.9 4.9 4.9 4.8 4.8 4.7 4.6 4.5 4.5 4.4 4.4 4.2 4.3 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.3 4.2 4.2 4.2 4.2 4.2 4.2 4.1 4.2 4.1 4.1 4.1 DEMAND DEPOSITS AT COMMERCIAL BANKS BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE TIME AND SAVINGS DEPOSITS AT CB'S 3.8 2.9 3.9 3.8 3.3 3.3 3.2 3.4 3.0 3.3 4.5 3.1 2.6 3.3 3.0 6.3 3.9 4.4 2.7 3.0 2.7 2.9 3.3 4.7 3.5 2.8 5.7 2.6 3.8 2.4 3.1 3.0 3.3 2.9 2.8 3.5 4.5 3.8 2.7 4.6 2.9 3.8 2.6 3.5 3.4 3.7 3.0 3.3 3.1 4.6 3.6 3.5 5.5 5.0 10.3 17.4 15.6 7.2 5.8 7.4 4.9 3.7 3.2 3.5 2.7 3.3 3.1 3.1 3.9 9.0 5.0 3.8 3.4 3.4 2.3 2.6 3.8 2.6 3.8 3.7 3.9 3.9 3.3 3.9 3.2 3.4 2.0 3.5 3.8 6.6 9.1 4.3 2.9 3.3 3.3 3.0 3.6 3.7 2.9 2.7 2.6 3.1 3.6 4.8 20.1 15.0 21.7 23.3 23.4 21.0 20.3 21.1 20.2 11.3 8.1 15.7 11.1 13.3 7.8 9.1 21.1 23.7 23.7 19.4 15.3 10.8 5.6 4.3 18.6 22.5 12.4 11.6 13.1 16.1 11.9 6.5 5.3 8.9 9.7 4.8 4.9 23.3 25.2 19.3 10.6 8.3 10.9 10.6 8.6 11.2 14.4 14.0 9.2 6.4 22.0 24.1 29.4 23.0 35.9 44.5 42.3 31.5 29.3 31.9 28.1 18.2 15.8 22.4 16.5 20.0 14.0 18.5 28.9 37.2 31.4 26.2 21.5 17.2 11.1 11.5 25.9 27.8 21.9 17.9 20.9 22.5 18.3 13.4 11.8 15.2 14.4 11.8 13.3 33.8 37.0 28.2 16.4 15.4 16.8 17.1 15.6 18.6 20.2 20.0 14.9 14.1 29.2 32.4 1.2 1.2 1.2 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.5 1.5 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.7 1.7 1.7 1.8 1.8 1.8 1.7 1.7 1.7 1.7 1.6 1.6 1.6 1.6 1.6 1.7 1.6 1.6 1.5 1.6 1.6 1.6 1.6 1.6 1.6 1.5 1.5 1.4 1.5 1.4 1.4 1.4 TABLE 14 MEMORANDUM ITEMS BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -U.S. GOVERNMENT DEPOSITS- -DEMAND DEPOSITS DUE TOFOREIGN COMMERCIAL BANKS 1987 JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR MAR APR APR APR APR MAY MAY MAY MAY JUN JUN JUN JUN JUN JUL JUL JUL JUL AUG AUG AUG AUG AUG SEP SEP SEP SEP OCT OCT OCT OCT NOV NOV NOV NOV NOV DEC DEC DEC DEC 5 12 19 26 2 9 16 23 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 5 12 19 26 2 9 16 23 30 7 14 21 28 10.4 10.0 8.5 11 9 8 9 9 9 8 8 9 8 9 9 9 8 8 9 8 8 9 9 9 8 10 9 9 9 8 8.8 9.9 FOREIGN OFFICIAL INSTITUTIONS TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 4.5 4.5 4.5 4.6 DEMAND DEPOSITS AT COMMERCIAL BANKS BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE 6.1 4.0 6.8 15.8 16.0 4.8 .8 3. .6 4. .3 3. .6 3. .3 3. .8 2. .7 2. .0 4. .6 3. .7 3. .1 9. .3 23. .5 21. 16.8 13.2 7. 4.1 2.5 12.1 16.8 6.5 6. 4. 4. 5. 3. 3. 2. 3. 4. 2. 16. 18. 8. 2 9 13 10 3 3 3 2 4 4 5 3 17.6 23.1 25.1 25.8 26.2 25.4 25.0 26. 23. 14. 8. 18. 11. 6. 12. 15.8 25.8 26.9 27.2 27.6 27.7 27. 17. 15. 26. 27. 24. 27. 26. 19. 15. 15.8 15.5 22.4 22.1 15.0 13.8 26.8 28.8 24.1 25.6 28.0 29 29 21 24 22 20 15 8 21 27 27.3 30.8 36.0 45.5 45.7 33.7 31.8 34.6 29. 21. 16. 24. 16. 15. 18. 26.0 39.9 55. .1 51. .9 48. .1 43. .9 37. .4 24. .9 22. .5 42. .2 46. .6 35. .1 35.8 34.9 27.2 23.6 22.5 21.9 28.3 27.8 22.8 19. 50. 49. 35. 31. 41. 46. 42.8 28.4 31.9 28.3 26.6 22.3 15.8 33.3 34.1 TIME AND SAVINGS DEPOSITS AT CB'S 1.4 1.4 1.4 1.3 1.3 1.6 1.6 1.5 1.5 1.6 TABLE 14 MEMORANDUM ITEMS BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -UCHANU UCKlJ i l I D U U C IU — FOREIGN COMMERCIAL BANKS 1 9 8 8 JAN JAN JAN JAN FEB FEB FEB FEB FEB MAR 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 OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC 4 11 18 25 1 8 15 22 29 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 5 12 19 26 FOREIGN OFFICIAL INSTITUTIONS 9.7 11.4 9.9 10.9 8.3 8.7 9.2 10.4 9.4 9.8 8.8 9.4 9.3 8.8 9.6 8.4 9.4 9.3 9.3 9.7 9.0 8.9 10.7 9.2 9.2 10.0 10.2 11.4 9.5 9.6 9.9 9.1 9.3 9.9 9.0 10.0 10.5 8.8 9.4 9.1 8.9 9.6 9.2 8.6 8.5 9.4 9.5 9.8 10.0 9.7 9.6 9.2 2.0 1.7 1.6 1.8 1.6 1.6 1.5 1.7 1.6 1.6 1.6 1.6 1.5 1.9 2.0 2.0 1.8 1.7 1.8 1.7 1.8 1.6 1.9 1.7 1.8 1.7 2.1 2.0 1.6 2.0 2.0 1.8 1.7 1.8 1.8 1.8 1.7 1.7 1.7 1.7 1.9 1.6 1.7 1.6 1.8 1.6 1.9 1.9 1.8 1.9 1.9 2.0 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 4.2 4.2 4.3 4.3 4.3 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.3 4.2 4.2 4.3 4.3 4.3 4.3 4.2 4.2 4.2 4.2 4.3 4.3 4.3 4.3 4.2 4.2 4.2 4.2 4.1 4.1 4.1 4.1 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 3.9 4.0 4.0 3.9 3.9 DEMAND DEPOSITS AT COMMERCIAL BANKS BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES 4.0 3.6 5.2 4.1 3.3 3.5 2.8 3.5 2.7 3.6 2.9 5.6 2.5 3.0 3.6 9.3 4.9 4.9 3.7 3.3 2.8 2.7 5.0 3.1 6.7 2.8 3.2 3.7 3.8 3.0 3.3 3.4 2.9 3.0 2.5 2.9 3.9 6.7 3.2 3.0 3.4 3.7 3.0 2.9 3.3 3.3 3.8 3.2 3.4 2.9 6.5 3.7 5.0 4.3 2.7 6.9 9.6 4.1 3.1 4.6 2.7 3.0 3.4 2.7 2.5 3.3 3.5 3.0 3.4 14.2 12.7 8.5 2.8 3.4 2.8 2.9 3.9 5.7 5.7 4.1 3.4 3.6 3.5 2.9 2.9 3.1 3.5 3.7 3.2 5.8 12.8 12.8 4.8 5.3 5.6 6.4 5.2 5.8 4.9 5.1 4.6 4.7 5.5 5.3 20.0 12.0 17.5 25.5 30.0 23.4 21.1 25.8 29.4 21.7 15.1 23.8 17.7 10.0 6.1 9.7 27.3 30.3 31.6 31.3 25.5 21.5 9.8 4.5 17.0 31.5 23.2 14.9 16.9 20.5 19.6 8.6 6.1 9.0 10.3 9.8 8.5 23.5 31.3 30.4 20.8 21.0 26.6 27.1 14.9 11.1 7.6 17.7 12.9 8.3 20.5 26.6 TOTAL CASH BALANCE 29.0 19.9 25.4 36.6 42.9 31.0 26.9 33.9 34.8 28.2 21.4 32.2 22.8 16.3 13.2 22.0 35.5 49.4 48.0 43.0 31.0 27.6 17.6 10.6 27.7 40.0 32.1 22.7 24.1 27.1 26.4 14.9 11.9 15.1 16.3 16.4 15.6 36.1 47.3 46.2 29.1 29.9 35.2 36.4 23.3 20.2 16.4 26.0 20.9 15.9 32.6 35.7 TIME AND SAVINGS DEPOSITS AT C B ' S 1.6 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.6 1.6 1.6 1.6 1.6 1.7 1.7 1.6 1.7 1.7 1.7 1.6 1.6 1.6 1.6 1.6 1.6 1.6 1.5 1.5 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.5 1.5 1.4 TABLE 14 MEMORANDUM ITEMS BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -UtHANU UtHlJbii:> uut I U — FOREIGN COMMERCIAL BANKS 1989 JAN JAN JAN JAN JAN FEB FEB FEB FEB MAR MAR MAR MAR APR APR APR APR MAY 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 2 9 16 23 30 6 13 20 27 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 4 11 18 25 FOREIGN OFFICIAL INSTITUTIONS 9.4 10.0 8.8 9.8 8.7 9.5 8.8 8.9 10.1 9.7 8.8 8.5 8.0 9.1 9.5 8.4 8.5 9.0 8.9 8.5 8.6 8.9 11.4 10.1 9.0 10.0 9.7 10.9 9.6 9.9 9.3 9.3 8.7 8.7 8.5 9.0 8.9 9.4 9.0 9.8 10.1 9.5 9.8 9.2 9.9 8.8 8.8 9.4 9.0 9.1 8.7 11.0 1.9 1.8 1.9 1.8 1.7 1.7 1.6 1.8 2.0 1.8 1.6 1.7 1.7 1.5 1.6 1.6 1.7 1.6 1.6 1.6 1.9 1.5 1.6 1.9 1.7 1.7 1.8 1.7 1.8 1.7 1.7 1.7 1.7 1.7 1.7 1.6 1.9 1.6 1.8 1.9 1.7 1.8 1.8 1.7 1.6 1.5 1.5 1.7 1.6 1.5 1.8 1.5 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 3.9 3.9 4.0 4.0 4.0 4.1 4.1 4.1 4.2 4.2 4.2 4.2 4.2 4.3 4.3 4.2 4.2 4.1 4.1 4.0 4.0 3.9 3.8 3.8 3.8 3.7 3.7 3.6 3.6 3.6 3.5 3.5 3.5 3.5 3.5 3.5 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.3 3.3 3.3 3.3 3.3 3.3 DEMAND DEPOSITS AT COMMERCIAL BANKS BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES TOTAL CASH BALANCE TIME AND SAVINGS DEPOSITS AT CB'S 4.2 4.6 3.7 4.8 2.9 5.4 2.7 3.2 3.4 4.9 2.9 5.2 2.6 3.0 3.8 6.8 5.7 5.7 4.1 3.1 3.0 2.7 3.8 3.3 7.9 3.6 3.3 4.1 3.4 3.0 3.1 3.5 2.7 3.9 2.5 3.0 3.9 12.1 3.7 3.1 3.7 3.7 2.9 2.8 4.9 2.6 3.4 3.1 2.9 3.2 10.4 4.1 7.6 6.9 4.8 7.0 13.8 7.3 5.4 4.9 6.0 5.3 5.7 4.1 5.8 4.7 6.4 5.6 7.9 18.8 23.2 19.9 9.4 5.9 5.4 5.5 5.9 17.9 14.3 6.8 5.3 5.1 5.0 5.3 6.2 4.3 5.8 5.2 4.2 5.0 12.5 12.0 5.3 5.6 5.6 5.1 6.7 4.8 4.7 4.8 5.5 4.4 4.3 4.8 25.4 9.3 15.0 27.5 30.4 '25.4 22.2 21.3 21.3 14.8 9.4 16.4 17.7 12.7 4.0 5.3 23.1 30.6 31.8 31.8 32.3 31.8 18.2 9.2 22.2 31.4 29.6 16.2 17.0 20.5 20.5 6.1 4.9 18.7 20.1 14.8 9.4 13.3 31.5 28.5 16.2 13.6 17.1 19.6 15.2 8.1 10.3 12.6 9.4 10.4 9.8 20.6 37.2 20.8 23.5 39.4 47.2 38.2 30.4 29.4 30.7 25.0 18.0 25.7 26.1 20.4 14.1 17.7 36.7 55.2 59.1 54.7 44.6 40.3 27.5 18.0 36.0 52.9 47.2 27.1 25.7 28.6 28.6 14.9 13.8 26.9 28.4 22.9 17.5 30.4 47.7 43.6 25.2 22.9 25.6 27.5 26.8 15.5 18.4 20.5 17.8 18.0 24.5 29.5 1.4 1.4 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.3 1.3 1.4 1.4 1.4 1.4 1.4 1.4 1.3 1.3 1.3 1.1 1.3 1.2 1.3 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 TABLE 14 MEMORANDUM ITEMS BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -UtMAND DtHlJi>±ii> u u t I U — FOREIGN COMMERCIAL BANKS 990 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 1 8 15 22 29 5 12 19 26 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 3 10 17 24 31 FOREIGN OFFICIAL INSTITUTIONS 9.6 10.9 9.0 9.7 9.3 8.9 8.6 8.3 10.2 8.7 8.6 9.0 9.4 9.5 9.7 8.8 9.5 8.7 9.5 9.0 9.2 9.1 10.4 8.8 8.9 8.2 9.1 9.3 8.5 9.0 8.7 9.8 8.1 9.4 9.6 9.5 10.0 9.6 9.2 10.0 9.6 9.8 9.2 8.6 9.4 9.0 9.4 9.1 8.7 8.5 9.8 8.8 9.0 1.5 1.8 1.5 1.5 1.6 1.7 1.5 1.5 1.7 1.5 1.4 1.7 1.8 1.5 1.6 1.4 1.6 1.5 1.8 2.0 1.7 1.5 1.7 1.4 1.5 1.5 1.5 1.5 1.5 1.5 1.3 1.8 1.5 2.3 1.7 1.7 2.2 1.8 1.9 2.2 1.6 1.5 1.6 1.5 1.4 1.6 1.4 1.4 1.5 1.6 1.4 1.7 1.5 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.5 3.5 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.4 3.5 3.5 3.5 3.5 3.9 3.9 4.0 4.0 4.1 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.2 DEMAND DEPOSITS AT COMMERCIAL BANKS BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES 4.6 4.7 3.8 6.3 3.0 4.3 2.9 3.2 3.4 4.0 3.0 4.9 3.0 3.1 4.0 6.5 5.3 5.3 4.0 2.7 4.0 2.7 3.3 3.7 11.9 3.9 3.4 4.2 3.4 2.9 3.0 6.1 2.9 3.8 3.0 3.5 4.4 7.8 4.7 4.3 3.2 3.9 3.3 3.0 4.2 3.0 4.6 3.6 3.8 3.3 6.9 4.6 5.1 5.5 6.1 3.9 5.5 7.9 7.8 6.8 5.0 5.6 6.4 5.1 4.9 5.3 5.0 4.5 4.9 4.5 3.4 5.4 5.3 4.8 5.0 5.3 4.3 4.9 5.3 5.5 6.3 5.0 5.1 5.1 5.8 5.3 5.5 5.1 5.0 5.3 4.6 9.5 7.0 5.7 5.0 4.9 5.9 6.8 5.8 5.5 4.8 5.3 4.7 4.9 5.6 5.4 20.5 8.0 10.6 23.0 31.1 25.9 20.7 17.1 15.0 9.7 11.0 13.8 17.0 12.9 3.4 3.4 21.2 32.0 33.4 29.0 16.0 14.3 9.1 4.2 6.5 30.3 27.6 5.1 6.2 15.0 16.7 11.6 15.1 22.0 27.2 22.7 18.2 22.8 33.8 30.9 10.7 5.9 24.2 26.8 18.4 11.7 13.2 18.0 17.6 8.1 6.2 30.9 27.3 TOTAL CASH BALANCE 30.7 18.9 18.3 34.8 42.0 37.9 30.4 25.3 24.0 20.1 19.1 23.6 25.3 21.0 11.9 14.7 31.1 40.7 42.8 36.9 24.9 22.0 17.7 12.2 23.3 39.5 36.4 15.5 14.6 23.0 24.8 23.6 23.4 31.3 35.3 31.2 28.0 35.1 48.0 42.2 19.5 14.8 32.4 35.7 29.4 20.5 23.3 26.3 26.7 16.0 18.0 41.1 37.8 TIME AND SAVINGS DEPOSITS AT CB'S 1.3 1.3 1.4 1.4 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.2 1.2 1.2 1.3 1.3 1.3 1.6 1.3 1.3 1.3 1.3 1.2 1.2 1.2 1.2 1.5 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 TABLE 14 MEMORANDUM ITEMS BILLIONS OF DOLLARS, NOT SEASONALLY ADJUSTED -UtriANU UtMlJ^lli> U U t IU-- FOREIGN COMMERCIAL BANKS 1991 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 SEP OCT OCT OCT OCT NOV NOV NOV NOV DEC DEC DEC DEC DEC JAN 7 14 21 28 4 11 18 25 4 11 18 25 1 8 15 22 29 6 13 20 27 3 10 17 24 1 8 15 22 29 5 12 19 26 2 9 16 23 30 7 14 21 28 4 11 18 25 2 9 16 23 30 6 FOREIGN OFFICIAL INSTITUTIONS 10.2 9.2 8.2 9.9 8.2 8.4 8.0 8.3 8.0 7.9 8.2 7.6 8.4 9.4 7.9 8.5 8.1 8.7 8.0 8.1 8.2 8.4 7.5 7.5 7.4 7.6 8.5 8.1 7.8 7.6 8.0 8.2 8.0 7.7 7.6 8.1 7.6 7.8 7.9 7.6 7.6 8.1 7.5 7.3 8.1 7.9 7.9 8.1 7.7 8.4 8.0 8.3 8.5 1.8 1.6 1.5 1.5 1.5 1.6 1.7 1.6 1.6 1.4 1.6 1.8 1.5 1.5 1.5 1.5 1.6 1.6 1.6 1.5 1.5 1.4 1.4 1.5 1.3 1.5 1.4 1.4 1.5 1.7 1.4 1.4 1.5 1.5 1.5 1.6 1.4 1.5 1.5 1.5 1.3 1.6 1.5 1.5 1.5 1.6 1.4 1.7 1.7 1.7 1.6 1.9 2.3 TIME AND SAVINGS DEPOSITS DUE TO FOREIGN BANKS & OFFICIAL INSTITUTIONS 4.3 4.4 4.6 4.7 4.8 5.0 5.1 5.2 5.3 5.5 5.7 5.8 5.9 6.0 6.0 6.0 6.1 6.1 6.1 6.2 6.2 6.2 6.3 6.3 6.3 6.3 6.3 6.3 6.3 6.4 6.4 6.4 6.5 6.5 6.6 6.6 6.6 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.7 6.6 6.7 6.7 6.7 6.6 6.6 6.6 DEMAND DEPOSITS AT COMMERCIAL BANKS BALANCES AT FEDERAL RESERVE NOTE BALANCES AT DEPOSITORIES 6.0 4.0 6.1 4.4 5.4 3.2 4.3 4.0 5.0 3.4 8.6 3.1 4.4 3.4 6.5 6.3 5.1 4.6 3.1 3.9 3.1 4.5 3.6 7.4 4.9 4.3 4.0 3.6 3.4 3.1 4.5 3.2 4.2 3.0 3.6 4.5 7.7 5.0 3.8 3.8 3.3 4.4 3.2 5.0 3.3 5.0 3.2 5.2 3.4 7.2 4.4 4.1 6.2 6.0 5.8 5.8 10.5 14.7 8.0 12.5 13.0 9.6 6.2 4.5 6.2 8.7 4.9 4.0 5.2 3.9 7.0 5.1 5.4 4.9 5.7 5.4 4.8 6.4 9.2 7.5 6.3 6.6 6.0 5.5 6.6 5.3 5.3 6.1 5.7 6.2 11.2 8.6 6.0 4.3 6.3 5.5 7.5 6.2 5.3 5.7 6.0 5.2 4.7 9.2 10.8 9.4 15.4 12.6 29.8 35.3 35.4 33.8 35.3 36.5 33.9 21.9 19.0 24.2 21.8 10.7 2.5 17.5 26.2 30.9 17.5 6.8 10.7 18.3 5.8 7.6 31.7 31.5 16.8 13.8 15.8 18.5 22.0 12.9 10.9 11.2 13.0 9.7 11.6 33.3 34.6 23.5 19.5 23.4 31.6 29.9 26.3 23.6 21.9 20.4 10.3 6.5 30.9 33.5 27.3 TOTAL CASH BALANCE 27.4 22.4 41.7 50.3 55.5 45.0 52.1 53.5 .48.6 31.6 32.2 33.5 34.9 19.0 13.0 29.1 35.1 42.5 25.8 16.0 18.7 28.4 14.8 19.7 43.0 44.9 28.3 23.7 25.7 27.6 32.1 22.7 20.3 19.5 22.7 19.9 25.5 49.5 47.1 33.3 27.1 34.2 40.4 42.4 35.9 33.8 30.9 31.6 19.0 18.4 44.5 48.3 42.9 TIME AND SAVINGS DEPOSITS AT CB'S 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.6 1.6 1.5 1.6 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.5 1.6 1.6 1.6 1.6 1.5 1.5 1.5 1.5 1.5