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

RESERVE

s t a tis t ic a I

r e l e a s e

WEEKLY SUMMARY OF BANKING fyND CREDIT MEASURES
( A v e r a g e s of d a i l y ' f i g u r e s )

i mine <J i a t e r e l e a s e
i l y 1, 1971

\.

Week e n d e d
J u n e 30
Marginal Reserve Measures & I n t e r e s t

Rates

($ b i l . ,

SA)

Total reserves
Nonborrowed r e s e r v e s
Required reserves

J u n e 30

4/

752
-466

($ b i l . ,

Year-ago data
Week ended 14 w.ks'. e n d e d
July 1
1 July 1

5.07
5.36
5.01
5.53'
6.80
6.45
...

4

31. 3
30.6
31.0

618
-360
4.96
5.34
4.90
5.43
6.99
6.46

482
-268
4.92
5.22
4.80
5.39
7.07
6.40

330
-132
4.66
5.05
4.21
5 .03
7.24
6.32

\p91
-718
7.23
8.11
6.43
8.10
9.00
7.19

848
-656
7.56
8.25
6.65
8.10
9.38
7.33

31.0
30.5
30.8

31.3
30.8
31.0

31.2
30.9
31.0

28.1
27.1
27.8

27.9
27.1
27.7

4

Week ,e n d e d
J u n e 23
J u n e 16
Monetary Aggregates

June 2

!

4 weeks e n d e d
J u n e 23
Mav 26

Week e n d e d 4 wks . e n d e d
J u n e 24
J u n e 24

SA)

T o t a l member b a n k d e p o s i t s
T o t a l member b a n k d e p o s i t s p l u s n o n d e p o s i t i t e m s _5/
Money s u p p l y ( c u r r e n c y & demand d e p o s i t c o m p o n e n t s )
Time d e p o s i t s , a l l c o m m e r c i a l b a n k s
U . S . G o v e r n m e n t demand d e p o s i t s , member b a n k s

339.8
344.3
225.6
254.8
3.1

342.1
346.5
226 .2
254.0
5.0

/

,

341.3
345.6
225.4
254.0
4.2

339.3
343.4
223.5
251.0
4.1

289.9
310.5
208.5
202.3
5.5

290.1
310.8
209.6
201.7
4.4

NSA - Not s e a s o n a l l y a d j u s t e d .
SA - S e a s o n a l l y a d j u s t e d .
1/ U n w e i g h t e d a v e r a g e r a t e s on l o a n s p o s t e d by m a j o r New Y o r k C i t y b a n k s .
2/ A v e r a g e of r a n g e of o f f e r i n g r a t e s on n e g o t i a b l e c e r t i f i c a t e s of d e p o s i t w i t h 3 - m o n t h m a t u r i t y i n . . . s e c o n d a r y m a r k e t .
3/ D a i l y a v e r a g e y i e l d on 2 0 - y e a r b o n d s .
4 / I n c l u d e s r e q u i r e d r e s e r v e s a g a i n s t E u r o - d o l l a r b o r r o w i n g s and b a n k - r e l a t e d c o m m e r c i a l p a p e r .
5/ Sometimes r e f e r r e d t o as the " a d j u s t e d c r e d i t p r o x y " .
I n c l u d e s member b a n k d e p o s i t s , b a n k - r e l a t e d c o m m e r c i a l
a p e r , E u r o - d o l l a r b o r r o w i n g s of U . S . b a n k s , and c e r t a i n o t h e r n o n d e p o s i t s o u r c e s .
On J u n e 2 3 b a n k - r e l a t e d
Digitized forp FRASER
commercial p a p e r amounted t o $ 1,714 m i l l i o n .



:

(NSA)

Member b a n k b o r r o w i n g s ($ m i l . )
F r e e o r n e t b o r r o w e d ( - J r e s e r v e s ($ m i l . )
Federal funds r a t e
D e a l e r l d a n r a t e 1/
3-month Treasury b i l l r a t e
3 - m o n t h CD r a t e ( s e c o n d a r y m a r k e t ) 2 /
3-ruonth E u r o - d o l l a r r a t e y
U . S . G o v e r n m e n t bond r a t e
3/
Reserve Aggregates

4 weeks e n d e d

J u n e 23

I
j