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303.

FEDERAL

RESERVE

statistical

re I e a s e

WEEKLY SUMMARY OF BANKING AND CREDIT MEASURES
(Averages of daily figures)

ifev. 4/72)

For Immediate Release
December 12, 1974

Percent Change CSefiRnnaiiv ah^„«^h A m . m i
Dec. 11

Reserve Aggregates 1/
Total reserves
Nonborrowed reserves
Required reserves
Reserves Available to Support Pvt. Nonbank Deposits

36.54
35.89
36. 73
34.39

M x (Currency plus demand deposits)
( M i P l u s time deposits at commercial banks
other than large time CD's)
Adjusted credit proxy
±'
Time deposits, all commercial banks
U.S. Government demand deposits, member banks

Other Reserve Measures & Interest Rates
Member bank borrowings ($ mil.)
Includes seasonal borrowings of:
Federal funds rate
<2
3-month Treasury bill rate
90-119 day dealer placed commercial paper rate 3-month CD rate (secondary market) 4/
3-month Euro-dollar rate
U.S. Government bond rate
\

NOTE:

37.27
36.20
36.91
35.06

37.00
35.86
36.78
34.88

"

283.4
n. a.
613.7
n.a.
492.1
n.a.
415.5
n.a.
4.7
Week ended
Dec. 11 | pec. 4

36. 73
35.43
36.57
34.85

647
34

8.86
7.28
9.00
9.03

10.21
7.88

51
9.,02
7. 45
9. 22
9. 53
10. 81
*8. 00
gA

S e a s o

5.8
18.3
5.5
5.7

2.1

0.4

Average of 4 Weeks Ended Dec
1974
13 weeks previous
I 26 weeks previous

608.8
488.4
413.0

Dec. 11 I Nov. 13

53
9. 17
7. 39
9. 01
9. 15
10. 33
7. 94

90
9. 63
7. 68
9. 08
9. 25
10. 19
8. 18

— „ — —

All percentage changes are at .seasonally adjusted annual rates, not compounded.




2.3
30.4

281.9
n.a.
n. a.
n.a.

P n

-a^

Average of 4 Wefekg Ended Dec., 11. 1974 from 4 We«k Averages
13 weeks previous
I 26 weeks previous I 52 weeks previous

4 Wks. ended
I Nov. 27 | Dec. 4
I Nnv.
($ Bil., SA)
—

Monetary Aggregates

t*5A--Not Seasonally Adjusted .

4 Wks . ended
I Dec. 4 I Dec. 11
iNcn
($ Bil., SA)

,

f

.

9.8
8.7
9.2
from 4 Week Averages
I 52 weeks previous