Full text of H.6 Money Stock Measures : October 31, 1985

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FEDERAL RESERVE statistical release
16 (508)
Table 1

MONEY STOCK, LIQUID ASSETS,4ND DEBT MEASURES

OCTOBEfi 3 1 ,

Billions of dollakM1
Sum of currency,
travelers checks,
demand deposits and
other checkable deposits1

Date

M3
M2
M2plus
M1 plus overnight RPs
large time deposits,
and Eurodollars,
MMMF balances (gen. pur. term RPs, term Eurodollars
and institution-only
and broker/dealer), MMOAs,
MMMF balances9
and savings and small
time deposits*
Seasonally adjusted

L

Debt

M3 plus other
liquid assets4

Debt of domestic
nonfinancial sectors*

1984—SEPT.
OCT.
MOV*
DEC.

551.5
548.3
553.8
558.5

2308.4
2319.3
2346.3
2371.7

2901.0
2925. 1
2959.9
2995.0

3452.1
3473.5
3501.8
3539.4

5711.1
5773.8
5650.9
5927.1

1985—JAM.
F£B.
HAfi.
APE.
HAT
JOME
JULY
AOG.
SEPT.

562.7
569.4
572-1
574.9
581.6
591.2
595.8
605.9
611.7

2398.9
2421.0
2429.6
2427.7
2444.9
2472.9
2490.5
2513.6
2528.4

3020.5
3041.0
3055.9
3056.6
3076.0
3102.9
3114.1
3137.6
3163.3

3562.0
3593.4
3621.2
3623.1
3640.2
3669.0
3686.4

5994.0
6049.8
6103.1
6163.4
6226.2
6287.3
6349.7
6410.J

T984--SEPT.
OCT.
NOV.
DEC.

548.5
548.2
555.9
570.4

2298.8
2316.6
2344.4
2376.7

2890.9
2920.6
2960.4
3002.2

3441.6
3469.0
3502.2
3540.9

5696. 1
5760.8
5837.7
5920.9

1 9 8 5 — JAN.
FEE.
HAB.
APB.
HAY
JUNE
JULY
AQG.
SEPT.

568.3
558.6
564.9
581.6
576.2
592.2
599.1
601.5
60B.4

2404.2
2414.5
2429.9
2439.6
2441.0
2476.6
2496.5
2506.9

3024.2
3034.3
3057.6
3068. 5
3073.9
3105,6
3116.3
3132.5
3151.5

3566.8
3589.9
3627.5
3637.3
3635.1
3672.3
3688.4

5985. 9
6028.2
6075.6
6134.9
619b.3
6262.4
6326.4
6386.2

Not seasonally adjusted

2517.1

M1
For period ended
13-week averaQe
1985-SEPT.

2
9
16

23
30
OCT.

7
14 P

21 P

NOTE:

Seasonally adjusted
4-week average

week average

13-week average

Not seasonally adjusted
4-week average

week average

598.3
600. 1
601.6
603.0
604.4

606.7
609.3
610.4
610.8
612.1

609.5
613.7
610.2
609.6
614.8

598.0
599.5
601.0
602.0
602.8

600.4
604.0
606.7
608.1
60b. 6

600.4
619.3
613.9
598.7
602.6

605.6
606.6
608.0

611.6
610.4
611.4

611.9
605.1
613.6

603.4
604.2
605.6

608.5
60b. 4
612.0

618.9
613.5
613.0

SPECIAL CAUTION SHOULD BE TAKEN IN IMTEiiPHETIMG BEBK-TO-iEEK CHANGES IN HONEY SUPPLY DATA, iHICH AfiE
HIGHLY VOLATILE AND SUBJECT TO BEVISION.
P—INDICATES PBELIHIBABY DATA.
FOOTNOTES APPEAB 01 THE FOLLOWING PAGE




H.6 (508)
Table 2

MONEY STOCK, LIQUID ASSETS AND DEBT MEASURES
Rsrcont change at seasonally adjusted annual rates

Ml
3 MONTHS FfiOB JUNE

1 9 8 5 TO SEPT.

M2

M3

Debt1

1985

13.9

9.0

7.8

11.0

8.1

7.0

11.9

9.5

9.0

13.3

6 MONTHS FBOfl HAS.

1 9 8 5 TO SEPT.

1985

13.8

12 MONTHS FBOfl SEPT.

1 9 8 4 TO SEPT*

1985

10.9

THIRTEEN HEEKS ENDING OCT. 2 1 , 1 9 8 5
FBOH THIBTEEN IEEKS ENDING:

1/

JULY

22,

1965

( 1 3 IEEKS PBEVIOUS)

14.0

APR.

22,

1985

( 2 6 REEKS PREVIOUS)

12.9

OCT.

22,

198*1 ( 5 2 WEEKS PBEVIOOS)

10.7

GBOHTH BATES FOB DEBT ABE BASED ON PEBIODS BEGINNING AND ENDING ONE MONTH EAfiLIEB THAN FOB THE HOMETABY AGGBEGATES,
NAMELY, HAY 1985 TO AUGUST 1985, FEBBUABY 1985 TO AUGUST 1965, AND AUGUST 1984 TO AUGUST 1965, BESPECTI7SLY.

FOOTNOTES TO TABLE 1
CONSISTS OF (1) CUBBENCI OUTSIDE THE TBEASUBY, FBDEBAL BESBBVE BANKS, AND THE VAULTS OF COMMERCIAL BANKS;
(2) TRAYELBBS CHECKS OF NONBANK ISSUEBS; (3) DEHAND DEPOSITS AT ALL COBHEBCIAL BANKS OTHEB THA.N THOSE DUE TO
DOMESTIC BANKS, THE U.S. GOVEHNMBMT, AND FOBBIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITBUS IN THE PBOCESS
OF COLLECTION AND FEDEBAL BESEBVE FLOAT; AND (4) OTHEfi CHECKABLE DEPOSITS (OCD) CONSISTING OF NEGOTIABLE OBDEB
OF BITHDHA8AL (NOH) AND AUTOMATIC TBANSFEB SERVICE (ATS) ACCOUNTS AT DBPOSITOBY INSTITUTIONS,
CREDIT UNION SHABE DBAFT ACCOUNTS AND DEHAMD DEPOSITS AT THBIFT INSTITUTIONS. THE CUBBENCY AND DEMAND
DEPOSIT COHPONENTS EXCLUDE THE ESTIMATED AMOUNT OF VAULT CASH AND DEMAND DEPOSITS, RESPECTIVELY, HELD BY
THBIFT INSTITUTIONS TO SEBVICE THEIB OCD LIABILITIES.
2/ CONSISTS OF Ml PLUS OfEBNIGHT (AND CONTINUING CONTfiACT) EPS ISSUED BY ALL COMHEBCIAL BANKS AND OVEBNIGHT EUBODOLLABS
ISSUED TO U.S. RESIDENTS BY FOBEIGN BBANCHES OF U.S. BANKS HORLDMDE, MMDAS, SAVINGS AND SMALL DENOMINATION
TIME DEPOSITS (TIME DEPOSITS—INCLUDING RETAIL BPS—IN AMOUNTS OF LESS THAN $100,000}, AND BALANCES IN BOTH
TAXABLE AND TAX-EXEMPT GENEBAL PUBPOSE AND BBOKEB/DEALEB HONEY MARKET MUTUAL FUNDS. EXCLUDES IBA AND KBOGH
BALANCES AT DEPOSITORY INSTITUTIONS AND MONEY MARKET FUNDS. ALSO EXCLUDES ALL BALANCES HELD BY U.S. COMMEBCIAL
BANKS, HONEY MARKET FUNDS (GENERAL PURPOSE AND BROKER/DEALER), FOBEIGN GOVERNMENTS AND COMMERCIAL HANKS, AMD
THE U.S. GOVERNMENT. ALSO SUBTBACTED IS A CONSOLIDATION ADJUSTMENT THAT BEPBESENTS THE ESTIMATED AMOUNT
OF DEMAND DEPOSITS AND VAULT CASH HELD BY THBIFT INSTITUTIONS TO SEBVICE THEIB TIME AND SAVINGS DEPOSITS.
3/ CONSISTS OF H2 PLUS LARGE DENOMINATION TIME DEPOSITS (IN AMOUNTS OF $100,000 OB HOBE) AND TERM RP LIABILITIES ISSUED
BY COMHEBCIAL BANKS AND THRIFT INSTITUTIONS, TERM EURODOLLARS HELD BY U.S. RESIDENTS AT FOREIGN BRANCHES OF U.S. BANKS
iORLDHIDE AND AT ALL BANKING OFFICES IN THE UNITED KINGDOM AND CANADA, AND BALANCES IN BOTH TAXABLE AND TAX-EXEMPT
INSTITUTION-ONLY HONEY MARKET MUTUAL FUNDS. EXCLUDES AMOUNTS HELD BY DEPOSITORY INSTITUTIONS, THE U.S. GOVERNMENT, MONEY
MARKET FUNDS, AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS. ALSO SUBTRACTED IS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS
THE ESTIHATID AMOUNT OF OVEBNIGHT BPS AND EUBODOLLABS HELD BY INSTITUTION-ONLY HONEY HABKET MUTUAL FUNDS.
4/ CONSISTS OF M3 PLUS THE NONBANK PUBLIC HOLDINGS OF U.S. SAVINGS BONDS, SHOBT-TERH TREASUBY SECURITIES, COMMERCIAL
PAPER AND BANKERS ACCEPTANCES, NET OF MONEY MARKET MUTUAL FUND HOLDINGS OF THESE ASSETS*
5/ DEBT OF DOMESTIC NONFINANCIAL SECTORS CONSISTS OF OUTSTANDING CREDIT MARKET DEBT OF THE UNITED STATES GOVERNMENT,
STATE AND LOCAL GOVEBNMENTS AND PRIVATE NONFINANCIAL SECTORS. PBIVATE DEBT CONSISTS OF CORPORATE BONDS, MOBTGAGES,
CONSUMER CBEDIT (INCLUDING BANK LOANS), OTHEB BANK LOANS, COHMEBCIAL PAPER, EANKEBS ACCEPTANCES AND O1HEB DEBT
INSTBUHENTS. THE DATA ABE DERIVED FROM THE FEDEBAL BESEBVE BOARD'S FLOW OF FUNDS ACCOUNTS. ALL DATA ON DEtiT OF DOMESTIC
NONFINANCIAL SECTORS ABE PRESENTED IN MONTH-AVERAGE FORM, DEBIVED BY AVERAGING MONTH-END LEVELS OF ADJACENT MONTHS. THE
DATA HAVE ALSO BEEN ADJUSTED TO BEHOVE STATISTICAL DISCONTINUITIES THAT HAY ARISE IN THE UNDERLYING FLOW OF FUNDS STATISTICS.
THE PRESENTATION OF DEBT DATA IN THIS RELEASE DIFFEBS, THEREFORE, FROM THE QUABTEBLY FLOW OF fUHDS STATISTICS CONTAINED IN
IN THE FEDEBAL RESERVE RELEASES 2-7 AND Z.I. IN THOSE RELEASES, PUBLISHED LEVELS OF CREDIT MARKET DEBT ARE MEASURED ON A
A QUARTER-END BASIS AND IUCLUDE DISCONTINUITIES.
1/




NJ<M*
13

COMPONENTS OF THE MONIY STOCK
MMMonS Of dOllSf S, SSSSOnSfty SOjUStSv

Dsts

Curvsncy'

Tnwsltfs
_».

.

CnSCKS

1984-SEPT.

i

Dsmsnd
dsposlts'

Oth*
cnscfcsolt
dsposits4

Montisn Motions
oofwp*
lnM2*

lnM3
only*

8*vinos dsposl sT
st

•t
thrift
conwn#fct#j
Institutions
bsnfcs
126. 1
166.b

total

Sttoctsd nontranssctk >ns Itsms
Smiill ttonsdspMnts1
st
st
commsfCisJ
thrift
total
bsnks
Institutions

LaraptlmsdsoosMs1
st
st
commsfclat
thrift
total
bsnks" institutions

156.8

b.1

247.b

142.2

17b6.9

592.6

OCT.
NOV.
DEC,

157.1
157.9
158.7

5.0
5.1
5.2

244.5
24b.8
248.6

14I.«
143.9
146.0

1771.J
1792.5
1813.J

605.8
613.6
623.3

1985-JAN.
FED.
HAS.

159.4
160.5
161.3

5.3
5.J
5.4

249.1
251.7
251.9

149.0
151.8
153.6

1636.2
1851.6
1857.5

APR.
HAY
JUNE

161.7
163.1
164.5

5.5
5.5
5.7

252.5
255.8
260.7

155.3
157.3
160.3

JULY
AUG.
SEPT.

165.4
167.1
167.9

5.9
5.9
5.9

260.9
264.0
266. d

163.6
168.8
171. 1

167.5
167.7
167.9
168.1
168.0

265.9
267.8
265.1
265.0
271.3

170.2
172.3
171.3
170.6
169.6

124.2
124.5
124.7
124.8
124.6

383.3
382.6
383. 1
382.6
383.0

269.2
270.6
273.3
273.4
274.0

168.3
168.6
169.0

266.4
259.9
265.7

171.4
170.8
173.0

125.0
125. 1
12t>.2

382.7
381.9
381.7

276.8
277.2
275.8

294.6

381.7

<4d2.8

664.5

258.0

136.0

396.0

123.8
122.6

167.7
166.9
166.0

292.6
290.7
288.6

383. 1
384.5
387.0

489.6
494.0
496.6

8/2.7
676.5
66b«6

263.2
263.6
264.4

141.9
147. 1
151.6

405.2
410.7
416.2

621.6
620.0
626.J ,

121.6
121. 4
120.J

166.9
168.0
166.4

288.6
289.4
266.6

384.7
382.0
362.6

497.2
495.6
495.8

861.9
677.6
6/6.6

262.3
264.4
269.4

154.6
154.9
154.2

416.9
419.3
423.6

1852.7
1863.3
1881.7

626.9
631.1
630.0 i

119.6
120.4
121.9

168.3
166.9

170.2

287.8
289.3
292. 1

387.6
390.0
390.7

497.8
502.0
bOJ.4

68b.3
692.0
894.2

273.0
272. 1
267.7

154.4
156. 1
156.4

427.3
428.2
424.2

1894.7
1907.7
1916.7

623.6 '
624.0
6J4.8

123.2
124.2
124.6

172. d
176.1
177.0

296.0
300.3
301.7

388.4
384.1
382.8

500. 1
494.4
492. 1

888.b
676.6
874.9

265.7
267.5
272.5

154.2
15J.7
15b.6

419.9
421.2
428. 1

124.9

WEEK ENDING
1985
SEPT. 2
9
16
23
30
OCT.

1/
2/
3/

4/

5/
6/
7/
8/
9/
10/

7
14 P
21 P

CURRENCY OUTSIDE THE U.S. TBEASURY, PEDEBAL BESEBfS BANKS AND fAULTS OP COMMERCIAL BANKS. EXCLUDES THE ESTIHATED
AMOUNT OF IADLT CASH BELD BT THJUFT INSTITUTIONS TO SEfiflCE THEIfi OCD LIABILI1IBS.
OOTSTANDING AROOMT OF li.S. DOLLAR-DEMOMINATBD TRAVELERS CHECKS OP NONBANK ISSUERS. TRAVELERS CHECKS ISSUED BY DEPOSITORY
INSTITUTIONS ABE INCLUDED IN DEMAND DEPOSITS.
DEMAND DEPOSITS AT COMMERCIAL BANKS AND POBBI6N BELATED INSTITUTIONS OTflEH TBAN THOSE DUB XO DOMESTIC BANKS, THE U.S. GOVERNRENT AID FOREIGN BANKS AND OFFICIAL INSTITUTIONS LESS CASH ITEBS IN THE PROCESS OP COLLECTION AND FEDRHkL RESERVE FLOAT.
EXCLUDES TBB ESTIMATED ABOONT OP DEBAND DEPOSITS HELD AT COBHERCIAL BANKS BY THRIFT INSTITUTIONS TO Sl&VICE THEIR OCD
LIABILITIES*
COUSISrS OF BOH AND ATS BALANCES AT ALL DEPOSITORY INSTITUTIONS. CRBDIT ONION SHARE DRAFT BALANCES AND
DEBAND DEPOSITS AT THRIFT INSTITUTIONS. OTHER CHECKABLE DEPOSITS SEASONALLY ADJUSTED EgOALS THE DIFFERENCE BETWEEN THE
SEASONALLY ADJUSTED SUB OF DEBAND DEPOSITS PLUS OCD AND SEASONALLY ADJUSTED DEBAND DEPOSITS. LUCLUDED ARE ALL CEILING
FREE "SUPER NOBS,* AUTHORIZED BY THE DEPOSITORY INSTITUTIONS DEREGULATION COflHITTEE TO EE OFFERED BEGINNING JANUARY 5,
1983.
SUB OP OVERNIGHT BPS ABD OVEBBIGHT EURODOLLARS, HONEY ItABKBT FUND BALANCES (GENERAL PURPOSE AND BROKER/DEALER),
fiHDAS, AND SAVINGS AND SHALL TIDE DEPOSITS, LESS THE CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESIIMATED AMOUNT OF
DEBAND DEPOSITS AND VAULT CASH HELD BY THRIFT INSTITUTIONS TO SERVICE THEIR TIME AND SAVINGS DEPOSITS LIABILITIES.
SUM OF LABGB TIME DEPOSITS, TERM MPS AND TERM EURODOLLARS OP U.S. RESIDENTS, HONEY MARKET FtlUD BALANCES (INSTITUTIONONLY) # LESS A CONSOLIDATION ADJUSTMENT THAT REPRESENTS THE ESTIMATED AMCUNT OF OVERNIGHT RPS AND EURODOLLARS HELD BY
INSTITUTIOJHONLY HONEY MARKET FUNDS.
SAVINGS DEPOSITS EXCLUDE HMDAS.
SHALL DENOMINATION TIME DEPOSITS—INCLUDING RETAIL R P S — ARE THOSE ISSUED IN AMOUNTS OF LESS THAN $ 100,000. ALL
INDIVIDUAL RETIREMENT ACCOUNTS (IRA) AND KEOGti ACCOUNTS AT COMMERCIAL BANKS AND THRIFTS Att£ SUBTRACTED FROM SMALL
TIME DEPOSITS.
LARGE DENOMINATION TIME DEPOSITS ARE THOSE ISSU&D IN AMOUNTS OF $100,000 OR MORE, EXCLUDING THOSE BOOKED AT
INTERNATIONAL BANKING FACILITIES.
LARGE DENOMINATION TIME DEPOSITS AT COMMERCIAL bAUKS LESS THOSE HELD BY MONEY MARKET flUlUAL PUNUS,
DEPOSITORY INSTITUTIONS AND fOREIGN BANKS AND OFFICIAL INSTITUTIONS.




H.6 (506)
Table 4

COMPONENTS OF LIQUID ASSETS AND DEBT
Billions of dollars, seasonally adjusted

Date

savings bonds

Non-M3 components of L
bankers acceptances2
short-term treasury
securities1

commercial paper9

Debt components4
federal debt
non-federal debt

73.3
73.6

261.1
273.5

47.8
46.8

160.5
157.2

1297.6
1310.5

4358.4
4400.7

OCT.
HO?.
OBC.

73.7
73.9
74.1

273.1
268.0
267.2

44.8
42.5
41.3

156.7
157.6
161.8

1325.2
1347.6
1367.3

4448.7
4503.3

1985-JAM.
FEB.
MAR.

74.4
74.9
75.3

266.7
270.3
275.9

40.8
42.5
441.3

159.6
164.8
169.8

1385.0
1399.8
1409.9

4609.0
4650.0
4693.2

APB.
HAT
JOVE

75.8
76.2
76.6

277.8
276.8
284.6

44.0
42.5
40.2

168.9
168.6
164.7

1424.1
1442.9
1459.5

4739.3
4783.3
4827.8

JULY
AOG.

76.7

284.8

39.7

171.1

1478.9
1495.8

4870.7
4914.6

1984-AUG.
SEPT.

1/
2/
3/
4/

4559.8

COMSISTS OF O.S. TREASURY BILLS AMD COUPONS WITH REMAINING MATURITIES OP LESS TflAM 12 MONTHS HELD BX OTHER THAN DEPOSITOR!
INSTITUTIONS, FEDERAL RESERVE BANKS, MONEY MARKET MUTUAL FUNDS AND FOREIGN ENTITIES.
NET OF BANKERS ACCEPTANCES HELD BY ACCEPTING BANKS, FEDBBkL RESERVE BANKS, FOREIGN OFFICIAL INSTITUTIONS, THE FEDERAL
HOME LOAN BANK SYSTEM AND HONEY HARKET HOTUAL FUHDS^
TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY HONEY MARKET MUTUAL FUNDS.
DEBT DATA ARE ON A MONTHLY AVERAGE BASIS, DERIVED BY AVERAGING END-OP-HONTH LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO REMOVE DISCONTINUITIES.




H.6 (508)
Table 5

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBT
Billions of dollars, not seasonally adjusted
Nontransactions components

Other checkable deposits
Oate

Currency1

checks1

Demand
deposits9

at commercial
banks4

at thrift
institutions*

total

inM2*

r

in M3 only

Overnight
RPS»

Overnight
Eurodollars9

General
purpose and
broker/dealer
money market
funds

156.5

5.4

246.1

101.7

38.8

140.5

1750.3

592. 1

44.1

12.6

152.1

OCT.
MO?.
DEC.

156.7
158.7
160.9

5.0
4.8
4.9

245.8
248.9
257.4

101.5
103.1
105.9

39.3
40.4
41.3

140.8
143.4
147.2

1768.4
1788.5
1806.3

604.0
615.9
625.4

44.7
47.9
45.2

12.1
10.1
12.4

155.6
162.0
167.5

1985-JAN.
FEB.
NAB.

158.3
158.6
159.8

4.9
5.0
5.1

254.9
244.9
246.3

108.3
107.8
109.9

41.8
42.3
43.8

150.1
150. 1
153.6

1835.9
1855.9
1865.0

620.1
619.8
627.8

48.7
56.3
55.7

14.2
13.3
12.4

171.9
175.1
177.6

APB.
MAX
JOVE

161.2
163.2
165.2

5.2
5.4
6.0

255.1
251.4
259.8

114.1
110.5
113.8

46. 1
45.7
47.4

160.1
156.2
161.3

1858.0
1864.8
1884.4

629.0
63^.9
629.0

47.4
51.3
50.3

12.0
12.8
12.7

176.2
172.2
175.4

JOLT
AUG.
SEPT.

166.8
167.8
167.6

6.6
6.5
6.2

262.2
260.9
265.4

115.0
117.0
119.0

48.5
49.3
50.2

163.5
166.3
169.2

1897.4
1905.4
1908.6

619.8
625.6
634.4

50.2
51.9
52.7

12.4
14.1
13.9

175.8
176.7
176.4

1984-SEPT.

WEEK

ENDING:

1985-SEPT.

OCT.

1/

2/
3/
4/
5/
6/
7/
8/
9/

2
9
16
23
30

167.2
168.9
168.0
167.0
166.2

260.1
270.0
268.2
258.7
265.7

117.3
122.3
120.7
117.4
115.7

49.4
51.7
50.8
49.3
49.0

166.7
174.0
171.5
166.8
164.7

51.5
52.0
51.4
52.1
55.6

13.6
13.9
12.9
14.0
14.9

176.8
176.0
176.5
176.8
176.3

7
14 p
21 P

169.2
169.4
168.6

270.8
266.2
267.0

120.9
120.4
120.0

52.0
51.5
51.5

173.0
171.9
171.4

53-7
52.5
52.8

13.5
13.1
14.1

175.9
177.2
177.0

C0BBEIC7 OUTSIDE THE D.S. TREASURY, FEDERAL RES ERIE BANKSAID THE fJ ULTS OP COMMERCIAL BANKS.

EXCLUDES THE ESTIMATED

AMOOMT OP VAflLT CASH HELD BT THBIPT INSTITUTIONS TO SEfiflCB THEIB OCD LIABILITIES.
OUTSTANDING AMOUNT OP 0.S. DOLLAB-DBHOHINATED TBATELEBS CHECKS OP NONBANK ISSUERS. TEAfBLEBS CHECKS ISSUED Bt DEPOSITOR!
INSTITUTIONS ABE INCLUDED IN DEMAND DEPOSITS.
DEMAND DEPOSITS AT COMMERCIAL BANKS OTHER THAN THOSE DOE TO DOMESTIC BANKS, THE 0. S. GOfBBNMENT AND I0BBI6N BANKS AND
OFFICIAL INSTITUTIONS, LESS CASH ITEMS IN THE PBOCESS OP COLLECTION AMD P.B. fLOAT, LESS TfiB ESTIMATED AMOUNT OF DEMAND
DEPOSITS HELD AT COMMERCIAL BANKS BI THBIFT INSTITUTIONS TO SEBflCE THEIB OCD LIABILITIES.
CONSISTS OF NON AND ATS BALANCES AT COMMERCIAL BANKS, U.S. BBANCHES AND AGBNCIES OP POBBIGN BANKS, AND EDGE ACT
CORPORATIONS. INCLUDES SUPEB HOWS OP $42.8 BILLION IN THE NEEK END OCTOEEB 7, $42.8 BLLL1QU IH THE MEEK EUDED
OCTOBEB 14, AND $42.0 BILLION IN THE WEEK EMDED OCTOBER 21.
CONSISTS OF NON AND ATS BALANCES AT SAVINGS AND LOAN ASSOCIATIONS AND MUTUAL SAVINGS BANKS, CBEDIT ONION SHABE
DRAFT BALANCES, AND DEMAND DEPOSITS AT THRIFTS. INCLUDES SUPEB NOMS OF $18.3 BILLION IN IHE MEEK EUDID OCTOBBB 7,
$18.2 BILLION IN THE NEBK ENDED OCTOBEB 14, AND $18.2 BILLION IN THE HEIK ENDED OCTOBBB 21.
SUM OP OVEBNIGHT BPS AND EURODOLLARS, MONET MARKET FUND BALANCES (GENERAL PUBPOSE AND BBOKBB/DEALEB)0 MMDAS AND SAVINGS
AND SHALL TIME DEPOSITS LESS THE ESTIMATED AMOUNT OP DEMAND DEPOSITS AND VAULT CASH HELD BK THBIFT INSTITUTIONS TO SEfiVICE
THEIfi TIME AND SAVINGS DEPOSIT LIABILITIES.
SUM OF LABGE TIME DEPOSITS, TEBH RPS AND EUBODOLLABS OF U.S. RESIDENTS, HONEI MABKET FUND BALANCES (INSTITUTION-ONLY), LESS A
CONSOLIDATION ADJUSTMENT THAT BEPRESENTS THE ESTIMATED AMOUNT OF OVERNIGHT BPS AND EURODOLLARS HELDtilINSTITUTION-ONLY
MONEY MARKET MUTUAL FUNDS.
CONSISTS OF OVERNIGHT AND CONTINUING CONTRACT RPS ISSUED BY COMMERCIAL EANKS TO OTHER THAN DEPOSITOR* INSTITUTIONS AND
HONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AND BROKER/DEALER).
ISSUED BY FOREIGN BRANCHES OP U.S. BANKS WORLDWIDE TO U.S. RESIDENTS OTHEB THAN DEPOSITORY INSTITUTIONS AND
HONEY MARKET MUTUAL FUNDS (GENERAL PURPOSE AMD BROKER/DEALBR).




H.6(508)
Table 5-continued

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBT
Billions of dollars, not seasonally adjusted

Date

Money market deposit accounts
at
at
total
thrift
commercial
banks
institutions

at
commercial
banks

Savings depositsi
at
thrift
institutions

total

Small denomination time deposits1
at
at
commercial
thrift
total
banks
institutions

Large denomination time deposits3
at
at
commercial
thrift
total
4
banks
institutions

244.8

143.8

388.6 •

125.2

167.4

292.6

384.0

483.4

867.4

259.3

138.6

397.9

OCT.
NOV.
DEC.

248.2
257.1
267.1

143.9
145.4
147.9

392.0
402.4
415.1

124.3
122.7
121.4

167.4
166.1
164.9

291.7
288.8
286.3

386.2
387.1
387.6

493.2
497.4
499.4

879.4
884.5
887.0

264.0
263.6
265.9

143.1
147.6
151.1

407.1
411.2
416.9

1985-JAN.
PEB.
HAR.

280.4
289.3
294.0

153.2
159.0
163.9

433.7
448.3
457.9

121.1
120.4
120.0

165.7
166.5
168.2

286.9
286.9
288.8

366.3
384.1
383.7

502.0
499.5
496.3

888.4
883.6
880.0

263.0
263.9
269.8

154.1
154.9
153.3

417.1
418.8
423.0

APB.
BAT
JUNE

295.9
298.3
307.3

164.5
165.5
167.8

460.3
463.8
475.1

120.9
121.7
123.2

169.3
170.1
172.6

290.2
291.8
295.8

383.9
385.2
386.4

495.6
495.5
496.7

879.4
880.8
88J.1

270.4
<70.0
267.3

153.4
156.1
156.0

423.8
426.1
423.2

JOLT
AUG.

313.0
317.7
321.1

171.0
174.1
175.1

403.9
491.8
496.2

124.4
124.0
123.7

175.1
175.5
175.9

299.5
299.5
299.6

386.4
385.3
385.2

497.5
494.2
492.8

864.0
879.5
878.0

264.9
269.3
274.2

154.3
155.0
156.2

419.2
424.4
430.4

1980-SEPT.

SEPT.
• EEK BNDING
1985
SEPT. 2
9
16
23
30
OCT.

1/
2/
3/
4/

7
14 P
21 P

319.6
321.3
321.9
320.5
321.1

123.4
123.9
123.9
123.6
123.5

385.2
385.1
385.2
385.1
385.3

271.8
272.0
273.9
275.0
276.7

322.7
324.1
324.3

124.9
124.8
124.6

385.6
385.3
384.7

276.1
278.3
276.7

SAVINGS DEPOSITS EXCLUDE HHDAS.
SHALL DENOHINATION TIHE DEPOSITS ~ INCLUDING RETAIL BPS — ABE THOSE ISSUED III AMOUNTS OF LESS THAN $100,000. ALL
INDIVIDUALfiETIREflENTACCOUNTS (ISA) AMD KEOGH ACCOUNTS AT COMMERCIAL BANKS AND THRIFTS ABE SUBTRACTED FfiOH SHALL
TIHE DEPOSITS.
LARGE DENOHINATION TIHE DEPOSITS ARE THOSE ISSUED IN AMOUNTS OF $100,000 OR BORE, EXCLUDING THOSE BOOKED AT INTERNATIONAL
BANKING FACILITIES (IbFS).
LARGE DENOHINATION TIHE DEPOSITS AT COHHERCIAL BANKS LESS THOSE HELD BI HONEY HARKET HUTUAL FUNDS, DBPOSITORI
INSTITUTIONS AND FOREIGN BANKS AND OFFICIAL INSTITUTIONS.




H.6<506)
laMe 5-contlnuod

COMPONENTS OF THE MONEY STOCK, LIQUID ASSETS AND DEBT
Billions of dollars, not seasonally adjusted

lermRPs'
Date

Institution
only money at commercial
market funds
banks

at thrift
Institutions

total

Term
Eurodollars

SavlnQS
bonds

Non M3 Components of L
Short-term
NnNWI
treasury
acceptances4
securities9

Components of Debt
Commercial
peper*

Federal debt

Non-Federal*
debt

46.9

31.3

35.4

66.6

85.6

73.5

271.6

47.-*

158.4

1310.5

4385.6

52.2
58.3
62, 7

33.1
35.4
32.5

36.1
35.3
37.3

69.3
70.7
69.7

80.6
81.9
83.1

73.8
74.0
74.4

271.3
265.1
264.8

45.1

HOT.
DEC.

43.3
42. ti

158.3
159.4
156.9

1323.0
1343.0
1364.7

4437.9
4494.7
4556.2

1985-JAB.
FEB.
MAR.

65.0
62.2
59^5

29.9
31.2
32.7

35.1
34.5
36.2

65.0
65*7
68.9

81.1
81.3
84.7

74.6
74.9
75.3

268.5
273.8
283.6

42.0
42.7
4J.2

157.3
164.2
167.7

1383.1
1397.4
1412.0

4602.8
4630.7
4663.6

APR.
HAY
JO ME

59.6
63.5
67.1

35.2
33.4
33.1

36.8
35.4
33.8

71.9
68.8
.66.9

80.7
80.8
78.3

75.6
76. 1
76.5

281.2
274.6
282.5

42.6
41.7
J9.U

169.3
168.8
167.9

1427.1
1443.8
1457.9

4707.8
4754.6
4804.5

JULY
AUG.
SEPT.

65.0
63.6
62.3

31.1
32.1
3J.I

33.U
35.3
36.6

64.9
67.4
69.7

76.5
76.0
76.7

76.6

283.3

39.1

173.1

1475.8
1495.8

4850.6
4892.4

62.9
63.0
62.3
62.0
61.9

34.8
33.2
33.4
32.6
32.7

62.5
63.5
63.4

31.1
32.1
31.7

1984-SEPT.
fkCt

WEEK ENDING:
1985-SEPT. 2
9
16
23
30
OCT.

1/

7
14 P
21 P

TEHB RPS ARE THOSE WITH ORIGINAL MATURITIES GREATER THAI OIE DAI, EXCL0D1RG CONTINUING CONTRACTS AND RETAIL RPS. INCLUDES
A RBLATIfELY SHALL AHOONT Of OVERNIGHT RPS AT THRIFT INSTITUTIONS.
2/ TERM EURODOLLARS ARE THOSE IITH ORIGINAL 0ATURITIES GREATER THAN ONE DAT. CONSISTS OP THOSE ISSUED TO U.S. BES1DEU1S BY
FOREIGN BRANCHES OF U.S. BANKS WORLDWIDE AND UY ALL BANKING OFFICES IN THE UNITED KINGDOM AND CHAD4. EXCLUDES THOSE HELD
BT DEPOSITOR! INSTITUTIONS AND MONET MARKET MUTUAL FUNDS.
3/ CONSISTS OF U.S. TREASURI BILLS AND COUPONS ilTH REMAINING MATURITIES OF LESS THAN 12 MONTHS HELD BY O1HBR THAN DEPOSITORY
INSTITUTIONS, FEDERAL RESERfE BANKS, MONET MARKET MUTUAL FUNDS, AND FOREIGN ENTITIES.
4/ NET OF BANKERS ACCEPTANCES HELD BT ACCEPTING bANKS, FEDERAL HESER¥E BANKS, FOBEIGN OPFICIAL INSTITUTIONS, THE FEDERAL
HOME LOAN BANK SYSTEM AND HONEY MARKET MUTUAL FUNDS.
5/ TOTAL COMMERCIAL PAPER LESS COMMERCIAL PAPER HELD BY HONEY MARKET MUTUAL FUNDS.
6/ DEBT DATA ARE ON A MONTHLY ATERAGE BASIS, DERIVED BY AVERAGING END-OF-HONTH LEVELS OF ADJACENT MONTHS, AND HAVE BEEN
ADJUSTED TO REMOVE DISCONTINUITIES.




H.6(508)
Tabled

MEMORANDUM ITEMS
Billions of dollars, not seasonally adjusted
Demand deposits at banks due to

Date

foreign
commercial
banks

1984-SEPT.

8.4

foreign
' official
institutions

2.0

Time and
savings
deposits
due to foreign
commercial
banks and
foreign official
institutions

9.4

US government deposits
demand
deposits at
commercial
banks

balances at
Federal
Reserve
Banks

note balances
at commercial
banks
and thrift
institutions

total demand
deposits and
note and
FR balances

IRA and Keogh Accounts
time
and savings
deposits at
commercial
banks

commercial
banks

thrift
institutions

money
market
mutual funds

total

3.4

6.0

14.1

23.6

1.0

4U9

55.9

6.2

104.0

8.4
7.5
9.1

15.1
13.6
16.0

1.0
1.1
1.0

42.6
43.2
43.8

56.9
57.7
59.0

6.2
6.5
6.9

105.7
107.3
109.7

OCT.
HO?.
DEC,

8.5
8.8
8.6

1.8
2.1
2.0

9.2
9.4
9.6

2.7
2.8
3.4

4.0
3.2
3.4

198S-JAB.
FEB.
BAB.

8.5
8.3
7.5

1.9
2.1
1.8

9.2
8.9
8.7

3.7
3.1
3.6

4.0
4.3
3.8

14.9
12.7
9.2

22.5
20.1
16.6

1.1
1.1
1.0

45.3
47.0
46.8

61.4
6J. 1
65.4

7.4
7.7
7.9

114.0
117.9
122. 1

APB.
BAr
JUBB

7.6
7.8
7.8

1.9
2.1
1.9

8.5
8.4
8.3

3.9
3.1
3.4

6.6
6.7
2.8

11.5
17.8
11.4

22.0
27.6
17.7

1.0
1.0
1.0

53.5
55.1
55.9

69.2
70.5
71.8

8.6
8.6
8.4

131.2
134.2
136.1

JOLI
AOG.
SEPT.

7.9
7.6
7.9

1.8
1.9
2.0

8.3
8.2
8.2

3.1
2.8
3.4

4.0
3.0
4.3

20.0
10.6
13.4

27.0
16.4
21.1

1.0
1.1
1.1

56.7
57.4
57.8

73.7
75. 2e
76. 4e

8.5
8.6e
8.7e

138.8
141.1o
142.8©

7.1
9.0
7.5
7.6
7.6

2.0
1.9
2.3
1.8
2.2

8.2
8.1
8.2
8.3
8.3

2.6
3.5
4.7
3.3
2.6

3.3
3.6
3.2
5.7
4.9

9.4
6.3
6.3
21.6
20.6

15.3
13.3
14.2
30.5
28.0

I.
1.
1.
1.
11 .

9.0
7.*
7.8

1.8
1.9
1.9

8.4
8.4
8.3

3.1
2.4
3.9

3.1
3.2
3.3

4.9
1.4
1.5

11.1
7.0
8.7

1.1
1.

MEBI BBDIBG:
1985
SEPT. 2
9
16
23
30
OCT.

7
14 P
21 P

estiaated