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FEDERAL

RESERV.

statistical

^^ffp^

release

For immediate r e l e a s e
October 1, 1970
The s e a s o n a l l y a d j u s t e d money supply f l u c t u a c e d wide]} around mid-September
w i t h t h e a v e r a g e f o r t h e l a t e s t week d e c l i n n g ^ h a r p . y
i h e a \ t r a g e l e v e l for September
t n u s f a r i s a b o u t $200 m x l l i o n lower t h a n i r August
T o t a l time and s a v i n g s d e p o s i t s
c o n t i n u e d t o i n c r e a s e r a p i d l y m t n e l a t e s t vTeek
MONEY SUPPLY AND TIME DEPOSITS
( A v e r a g e s o f 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 )
Seasonally adjusted

Honey Supply
Per roa
1969

August
September
October
November
December

- -.
Tctal

Currency
component

.

45
45
45
45
45

3
2
6
9
9

153
153
153
153
153

1970—January
February
March
April
May
June
July
August

201 1
199 3
201 5
203 3
203 9
203 6
204 3
206.0

46
46
46
47
47
47
48
48

1
4
7
0
6
8
1
2

155 0
153 0
154 8
156 2
156 2
155 9
156 2
157.8

192
192
1%
197
199
201
206
211

1
0
3
9
6
0
9
8

Week ending*
1970~Aug
5
12
19
26

204 5
206.1
206-7
206-2

48
48
48
48

1
2
2
1

156
157
158
158

4
9
4
0

210
210
211
212

2
9
6
7

206,2
205-8
207-1
204.4

48
48
48
48

1
4
3
2

158
157
158
156

1
4
8
1

213
215
216
217

8
4
6
7

205.9

48 3

2
9
16 p
23 p
Average of last 4 weeks
p - Preliminary
r - Revised




|

8
7
6
4
7

Time deposits
adjusted
(All commercial
banks)
194 5
194 1
193 5
193 4
194 1

0
0
i
3
6

Sept

199
199
199
199
199

_
,
Demand deposic
component

157 6

j

' 215 9

DEMAND DEPOSITS, CURRENCY, AND RELATED ITEMS
Overages of daily figures, m billions of dollars

Not seasonally adjusted )

Related deposits
(All commercial banks)
_ _ _ _ _ | U S. Gov't
adiusted
;
demand

Money Supply
Period

Currency 1 Demand deposit
component [
component

Total
1969- -Augis*
September
October
November
December
1970- - lam ary
February
March
April
May
June
Julv
August

207 1
197 8
199 7
204 2
199 9
201 7
202.7
202 8

Week ending
1970--Aug
5
12
19
26

203
,203
202
201

5
5
9
3

203
204
207
202

5
6
5
6

Sept

2
9
16 p
23 p

45
45
45
46
46

I 195 9
| 197 6
! 199 3
201 0
206 0

i

i

150
152
153
154
159

4
2
6
4
9

5
4
7
7*
1

!

195 5
194 3
193 7
192 6
192 4

!
!

4 3
5 3
4.2
5.1
5 5

46 1
45 9
46 3
46 6
47 3
47 7
48.2
48 3

161 "L
151 9
153 4
157 6
152 6
154 0
154 5
154.5

191.7
192 €
194 9
198 3
200 0
201 2
206 9
211 8

48
48
48
48

3
6
4
0

155
154
154
153

1
9
5
3

210 8
212.0
212 6
213 7

6 9
5 9
6 3
9.1

47
48
48
48

9
9
4
0

155
r 155
159
154

6
6
1
6

214
216
216
217

7.3
6 0
4 8
8 3

j

9
0
6
7

1

4.7
7 1
6 9
5.3
6 4
6.5
6 8
7.1

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