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FEDERAL
statistical

RESERVt
release

**AL9&

H 6

For immediate release
November 12 1970

The seasonally adj usted money supply Is estimated at $206 1 billion on
average xn October9 about the same level as the average for the preceding two
months
Total txme and savxngs deposits increased $4 billion on average in
October, a somewhat smaller increase than in other recent months

M U E Y SUPPLY AND TIME DEPOSITS
{Averages of daily figures, in billions of dollars)
Seasonally adjusted

Money^Supply
Period

Demand d e p o s i t
component

Time deposits
adjusted
(All commercial
banks)

45.6
45.9
45.9

153 6
153.4
15*3.7

193 5
193 4
194.1

46
46
46
47
47
47
48
48
48
48

1
4
7
0
6
8
1
2
2
5

155.0
153 0
154.8
156.2
156.2
155 9
156 2
157.8
158.0
157 6

192 1
192 0
194.3
197 9
199 6
201 0
206 9
211 8
217.0
221 0

207 2
205 1
207.2
205.0

48
48
48
48

3
6
6
5

158 9
156 5
158 7
156,5

219 8
220 8
221 5
221.7

205 4

48 6

156 8

222 2

205.7

48 6

157.1

221 6

Total

1969—October
November
December

199 1
199.3
199.6

1970—January
February
March
April
May
June
July
August
September
October p

201 1
199 3
201 5
203.3
203,9
203.6
204 3
206.0
206.2
206 1

!
|
1

Currency
component

t

Week ending
1970—Oct

Nov

7
14
21
28 p
4 p

Average of l a s t 4 weeks ;
Preliminary
Revised




r

r

DEMAND DEPOSITS, CURRENCY, AND RELATED ITEMS
(Averages of daily figures, in billions of dollars

Not seasonally adjustec )

Money Supply
Period
Total

Currency
component

Demand deposit
component

Related deposits
(All commercial banks)
U S Gov't
Time
demand
adjusted

1969—Qctober
November
December

199 3
201 0
206 0

45 6
46 4
46 9

153.7
154 7"
159.1

193.7
192.6
192 4

4.2
5.1
5.3

1970—January
February
March
April
May
June
July
August
September
October p

207
197
199
204
199
201
202
202
204
206

161
151
153
157
152 6
154 0
154 5
154.5
156 5
157 8

191 7
192 0
194.9
198>3
200.0
201 2
206.9
212.8
217.2
221 3

4.7
7.1

8
8
2

46
45
46
46
47.
47
48
48
48
48

0
1
4
7

48
43
48
48

Week enduing
1970—Oct

Nov

7
14
21
28

fc

207
206
206
204

1
8

207 8

6
7
5
1

48 5

4
5
9
6

220.0
221 0
r 221 7
222.0

159 3

222 2

158
157
157
156

6.1

7.
5.
5.
6.
6.1

p - Preliminary
r - Revised
NOTE
Money supply consists of (1) demand deposits at all commercial banks, other than
those due to domestic commercial banks and the U S Government, less cash items
in process of collection and Federal Reserve float, (2) foreign demand balances at
Federal Reserve Banks, and (3) currency outside the Treasury, the Federal Reserve
and the vaults of all commercial banks
Time deposits adjusted are time deposits
at all commercial banks other than those due to domestic commercial banks and the
U S Government