Full text of H.6 Money Stock Measures : October 15, 1970

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

s£g&.

FEDERAL

RESERVE

statistical

release
For immediate r e l e a s e
October 15 1970

S e a s o n a l l y a d j u s t e d money s u p p l y d a t a for the l a s t h a l f of September have
been r e v i s e d upward from t h e e s t i m a t e s p u b l i s h e d l a s t week
The a v e r a g e l e v e l for
September now shows a $300 m i l l i o n i n c r e a s e from t h e p r e c e d i n g month i n s t e a d of the s l i g h t
decline reported e a r l i e r
The r e v i s e d d a t a i n d i c a t e e x p a n s i o n over the t h i r d q u a r t e r
a t a 5 3 per ~ent annual r a t e
Both money supply and t o t a . 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 ^ v i n c r e a s e in t h e f i r s t week of October
MCftEY SUPPLY AND TIME DEPOSITS
( A v e r a g e s of d a i l y f i g u r e s , i n b i l l i o n s of
Seasonally adjusted

dollars)

Money Supply
Period

Total

1969—September
October
November
December
1970—January
February
March
April
May
June
July
August
September p

Week e n d i n g
1970—Sept

O^t

2
9
16
23
30 p

1

|

r

Average of l a s t 4 weeks \
p - Preliminary
r - Revised




0
1
3
6

45
45
45
45

2
6
9
9

201
199
201
203
203
203
204
206
206

1
3
5
3
9
6
3
0
3

4o
46
46
47
47
47
48
48
48

2
8
1
0
4

48
48
48
48
48

r

207 0

206 4

Demand d e p o s i t
component

Currency
component

199
199
199
199

206
2 05
1
207
r 205
r 206

7 p

j

153
153
153
153

7
6
4
7

1
4
7
0
6,
3
1
2
3

155
153
154
156
156
155
156
157
r 158

0
0
8
2
2
9
2
8
0

1
4
3
3
1

158
157
158
r 156
r 158

1
4
8
7
3

I
|

48 2

1

48 2

Time d e p o s i t s
adjusted
(All commercial
banks)

j

i
!

r

194
193
193
194

1
5
4
1

192
192
194
197
199
201
206
211
!
216

1
0
3
9
6
0
9
8
9

213
215
216
217
218

8
4
6
7
8

158 8

219 7

158 2

218 2

DEMAND DEPOSITS, CURRENCY, AND, RELATLD ITEMS
(Averages of daily figures,, m

Total

1970--January
February
March
April
May
June
July
August
September p

Meek ending
19-70—Sept

2
9
16
23
30 p

Oct

7 p

Not seasonally adjusted )

Related d e p o s i t s
,
( A l l commercial banks)
U S Gov't
Time
adjusted
demand

Money Supply
Demand d e p o s i t
Currency
component
component

Period

196 9—-September
October
November
December

billions of dollars

197
199
201
206

6
3
0
0

45
45
46
46

2
6
4
9

152 4
153.7
154 7
159 1

207
197
199
204
199
201
202
202
r 204

1
8
7
2
9
7
7
8
8

46 1
45 9
46.3
46 6
47 3
47 7
48 2
48 3
48 3

161.1
151.9
153 4
157 6
152 6
154 0
154 5
154 5
r 156.6

* 203
204
207
r 203
r 203

5
6
5
2
8

47
48
48
48
47

206 9

9
9
3
0
8

155 6
155 6
159 1
r 3.55-1
r 156' 0

48 6

158 3

194
193
192
192

1

i

3
7
6
4

5
4
5
5

3
2
1
5

191 7
192.0
194 9
198 3
200 0
201 2
206 9
212 8
217 2

4
7
6
5
6
6
6
7
6

7
1
9
3
4
5
8
1
9

214
216
216
217
r 218

9
0
6
7
8

219 9

r

7 3
6.0
4 7
8.4
8.5
7 6

p - Preliminary
r - Revised
Money supply consists of (1) demand deposits at all commercial banks, other than
NOTE
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