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FEDERAL
statisftcul
H.6

RESERVE

release

•^RE^

For immediate release
November 8, 1967

*i n u - i i . 1 1 1 6 ^ 8 0 1 1 " ? 1 7 a d ^ u s t e d m o n e v su PPly averaged $180.2 billion in October,
$1.0 billion-higher than, in the .month of September. Total time and savings deposits
continued to increase in the latest week, and in the month of October these deposits
increased on average by $1.9 billion.
MONEY SUPPLY AND TIME DEPOSITS
(Averages of daily figures, in billions of dollars)
Seasonally adjusted

Money Supply
Period
1966—October
November
December

Total
i
i

1967—January
February
March
April
May
June
July
August
September
October p
Week e n d i n g :
1967—Sept. 20
27
Oct.

Nov

4
11
18 p
25 p
1 p

1

1

Currency
Component

Time d e p o s i t s
[

Demand d e p o s i t
component

[

adjusted
(All commercial
banks )
157.6
157.4
158.6

170.1
170.1
170.4

38.0
38.1
38.3

132.1
132.0
132.1

170.3
171.5
173.1
172.7
174.5
176.2
177.9
179.1
179.2
180.2

38.5
38.7
38.9
39.1
39.2
39.3
39.5
39.6
39.8
39.9

131.8
132.8
134.2
133.6
135.3
136.8
138.4
ljy.6
139.5
140.3

160.8
163.5
166.1
168.1
170.0
172.4
174.6
177.2
178.9
180.8

178*0
179.3

39.7
39.7

138.2
139.5

179.0
179.1

180.3
180.9
179.7

39.8
39.9
40.0
39.9

140.5
140.9
140.4
139.8

179.5
180.1
180.9
181.2

180.4

39.8

140.5

181.6

180.4

!

140.4
181.0
180.4
39.9
Average of l a s t 4 week; I
NOTE: Components may not add due to rounding. See reverse side for data without
seasonal adjustments and for description of series.
p - Preliminary.




DEMAND DEPOSITS, CURRENCY, AND RELATED ITEMS
(Averages

of d a i l y f i g u r e s ,

i n b i l l i o n s of d o l l a r s .

Not s e a s o n a l l y

Money Supply
Period
Total

Currency
component
38.1
38.5
39.1

Demand d e p o s i t
component
132 A
133.0
136.7

adjusted.)

Related deposits
( A l l commercial banks)
U.S. Gov't
Time
demand
adjusted
4.8
157.1
3.7
156.1
3.4
156.9

j 96 5—October
NoveniDer
December

170.5
171.5
175.8

1967—January
February
March
April
May
June
July
August
September
Qctober

175
170
171
173
171
174
175.8
175.9
178 .4
180 .6

38.5
38.3
38.5
38.7
38.9
39. .3
39. .6
39. .6
39.8
40.0

136.8
132.3
133. .4
134. .9
132, .2
135. .1
136, .2
136, .2
138.6
140.6

160.7
164.0
166.7
168.,8
170.8
173. . 0
175, .1
177, .7
178. .9
180. .3

4.1
5.0
4.9
4.8
6.5
3.9
5.6
4.3
5.0
6.2

'>fk ending:
] % 7 ~ S e p t . 20
27

179.5
177.3

39.8
39.5

139.8
137.8

178.7
179.6

4.7
6.9.

* A
11
18
25

179
180.
181,
179.9

39.7
40.3
40.1
39.8

139.9
140.3
140.9
140.1

179.5
179.9
180.3
180.5

6.1
5.2
6.7
7.0

181.6

39.7

142.0

180.9

6.3

Oct

Nov,

1 P

I

•'Effective June 9, 1966, balances accumulated for payment of personal loans ^ere
reclassified for reserve purposes and are excluded from time deposits reported by
netiber banks
The estimated amount of such deposits at all commercial banksf($1,140
-illion) is excluded from time deposits adjusted thereafter.
'
p - Preliminary.
\DTE- Money supply consists of (1) demand deposits at ail commercial banks, other
than those due to domestic commercial banks and the U.S. Government, less cash items
in orocess 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 ban'-cs. Time deposits adjusted are time deposits at all
co-mereial banks other than those d^e to domestic commercial banks and the U.S.
CoverrtTjent