Full text of H.6 Money Stock Measures : October 20, 1966

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FEDERAL
statistical

RESERVE

release

***L&&'

H.6

For immediate release
October 20, 1966.

The s e a s o n a l l y adjusted money supply declined $700 m i l l i o n in the,
week ending October 1 2 , t o a l e v e l of $170.0 b i l l i o n , compared with an average
l e v e l of $170.6 b i l l i o n i n September. Time deposits adjusted declined $300
m i l l i o n i n the second week of October, showing a similar d e c l i n e from the
September average.
MONEY SUPPLY AND TIME DEPOSITS
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 dollars
Seasonally adjusted
-

p.

Money Supply
i

Period

Currency
component

Total
r

1965—Septeraber
Ocotber
November"
December
1966 —January
February
March
April
May
June
July
August
September p
Week ending:
1966—Sept. 7
14
21
28
Oct.

5 p
12 P

Demand deposit
component

164.1
165.2
165J.6
167.2
168.0
168.2
169.3
170.9

1 Time^deposits
adjusted
(All commercial
banks)
14TT6
143.7
145.5
146.9

3577
36.0
36.1
36.3

12875
129.3
129.5
130.9

1 170.2
171.1
169.6
169.6
170.6

36.6
36.8
36.9
37.2
37.3
37.4
37.7
37.8
37.9

131.4
131.4
132.3
133.7
132.9
133.7
131.9
131.8
132 .6

147.8
148.5
149.5
151.4
153.0
153.7*
155.3
156.7
157.1

170.5
1 170.1
I 171.7
j 170.0

,

37.8
38.0
38.0
37.9

132.6
132.1
133.7
132.1

157.1
157.1
157.0j
157.2 '

!

37.9
38.0

j 170.7
170.0

j

;

132.8
132.0

!
1

15/.1
156.8

Average. c of l a s t r ^ weeks ] 170.6
157.0
|
132.7
j
38.0
J
i
i
NOTE: Componets may not add due t o rounding. See reverse s i d e for data without
seasonal adjustments and f o r d e s c r i p t i o n of s e r i e s .
p - Preliminary
* Break i n s e r i e s , for d e s c r i p t i o n see footnote on r e s e r s e s i d e .




DEMAND DEPOSITS, CURRENCY, AND RELATED ITEMS
(Ayerages of daily figures, i n b i l l i o n s tff d o l l a r s .

Not seasonally adjusted•)

Money Supply
Period
Total

Currency
component

Demand deposit
component

1965—September
October
November
December

163.1
165.7
167.3
172.0

35.7
36.0
36.5
37.1

127\5
129.7
130.8
134.9

1966—January
February
March
April
May
June
July
August
September p

173.0
167.8
167.8
171.6
166.9
168.8
167.9
166.9
169^5

36.5
36.4
36.6
36.8
37.0
37.3
37.8
37|.8
37.9

136.5
131.4
131.3
134.8
129.9
131.5
130.1
129.0
131.6

Meek ending:
1966—Sept. #
14
21
28

168,
169.
172.
167.

38.2
38.1
37.9
37.6

169.8
169.9

37.8
38.3

Oct.

5 P
12 p

Related deposits
(All! commercial banks)
IKS* Gov't,
Timfe
demand
adjusted
141.4
143.5
144.3
145.2
i

5.5
5.0
4.1
4.6

147.3
148.7
150.2
152.2
153.9
154.1*
155.8
157.0
156.9

3.8
5.2
4.6
3.1
7.2
6.3
8.1
5.2
4.5

130,
131.
134.
130.

157.1
157.2
156.6
156.8

4.7
3.2
3.1
6.3

132.
131.

15j6<9
156.8

6.7
4.6

^Effective June 9, 1966, balances accumulated for payment ot personal loans vere
reclassified for reserve purposes and are excluded from time deposits reported by
member banks. The estimated amount of such deposits at all commercial banks ($1,14,0
million) is excluded from time deposits adjusted thereafter,
p - Preliminary.
i
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 demamd 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.