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FEDERAL
H .9
(Rev. 6 / 7 0 )

RESERVE

s t a t i s t ! co

WEEKLY SUMMARY OF H -NK1NG ANTi CREDIT MEASURES
(Averages ot daily figures).

,,, \

r e l e a s e

For• immediate
*N August 12, 1971

\ *
4

„

•

Week ended
Aug. 11
M a r g i n a l Reserve Measures & Interest Rates

(NSA)

Member bank borrowings ($ mil.)
Free or net borrowed ( - ) reserves ($ mil.)
Federal funds rate
Dealer loan rate 1J
3-month Treasury bill rate
3 - m o n t h CD rate (secondary market) 2/
3-month Euro-dollar rate
U . S . Government bond rate
J3/
Reserve Aggregates

($ bil., SA)

Aug. U

July 14

Aug. 11

1

I
593
-570
5.59
5.84
5.30
5.82
7.53
6.44

765
-294
5.57
5.81
5.30
5.80
6.84
6. 44

756
-543
5.50
5.77
5.38
5.80
6.78
6.42

755
-574
5.09
5.39
5.16
5.56
6.70
6.41

•

! 1174
"
i -894
6.82
7.54
.. 6.51
7.85
~ 8.33
7.04

1200
-999
6.95
7.66
i
6.42
|
7.96 - !
, 8.42
1
6.94
j

4/

Total reserves
Nonborrowed reserves
Required reserves

31.5
31.0
31.5

31.8
31.1
31.4

Week ended
Aug. 4
July 28
Monetary Aggregates

Year-ago data
|!
Week ended 4 w k s . ended
1 Aug. 12
Aug. 12

4-weeks ended

31.6
30.8
31.3

31.0
30.3
30.9

4 weeks ended
July 7
Aug. 4

28.7
27.6
28.4

28.3
27.1
28.1

Week ended 4 w k s . e n d e d
Aug. 5
Aug. 5

($ bil., SA)

Total member bank deposits
Total member bank deposits plus nondeposit items 5/
Money supply (currency & demand deposit components)
Time deposits, all commercial banks
U . S . Government demand deposits, member banks

344.2
348.0
226.7
257.5
' 4.5

344.5
348.6
227.1
257.5
4.1

343.9
348.0
227.2
257.1
3.9

.

341.4
345.8
226.5
255.1
3.4

300.6
319.4
210.5
211.4
5.6

297.3
316.9
210.4
209.5
4.6

NSA - Not seasonally adjusted.
SA - Seasonally adjusted .
Unweighted average rates on loans posted by major New York City banks.
Average of range of offering rates on negotiable certificates of deposit with 3-month maturity in secondary market.
Daily average yield on 20-year bonds.
Includes required reserves against Euro-dollar borrowings and bank-related commercial paper.
Sometimes referred to as the "adjusted credit proxy".
Includes member bank deposits, bank-related commercial
Digitizedpaper,
for FRASER
Euro-dollar borrowings of U. S. banks, and certain other nondeposit sources. On Aug. 4 bank-related
http://fraser.stlouisfed.org/
commercial paper amounted to $1,803 million.

Federal Reserve Bank of St. Louis

1