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FEDERAL

RESERVE

s t a t i s t i c a l

ARY OF iBANKTlC
IBA:
WEEKLY SUMMARY
AND CREDIT MEASURES
(Averages
e r a g e s Vfc
ended

X\ - &</>
° /z

For immediate r e l e a s e
September 10, 1970.

4 weeks ended \

Se p t . 9 i S e p t . , 2

Sept . 9

M a r g i n a l R e s e r v V Ma^sures & I n t e r e s t R a t e s (NSA)
Member bank b o r r o w i n g s ($ m i l . )
F r e e or nef borrowed ( - ) r e s e r v e s ($ mil . )
Federal funds r a t e
D e a l e r l o a n r a t e _1 /
3-month T r e a s u r y b i l l r a t e
3-month CD r a t e ( s e c o n d a r y m a r k e t ) 2 /
3-month E u r o - d o l l a r r a t e
U . S . Government bond r a t e 3 /

Aug. 12.
"

762
-498
6 . 64
7 .38
6 . 37
7 .45
.
7 ,97
.
7 ,07
.

661
-415
6 . 46
7 ,10
.
6 ..33
7 ,55
.
7 .94
.
7 .04
,

77.

r e l e a s e

691
-512
6 . 52
7 .22
6 .^ 37
......
63
8. 04
7 ,11
.
7

-

!
Year-ago data
| Week ended 4 wks . ended
S e p t . 10
S e p t . 10

.

1,200
|
-999
6.95
7.66
6.42
7 .96
8.42
6 .94

740
-349
8..57
8,.98
7 .09
,
8,,30
11,.46
6,.45

1,101
-835
\
8.94
9.50
7.00
8.34
11.10
6.31

Re'serve A g g r e g a t e s ($ b i l . , SA) 4 /
Total reserves
Nonborrowed r e s e r v e s ' .
Required r e s e r v e s

\

29 .3
28, .6
29 : 1

28 .8
28 .2
28 .6

Week ended
S e p t . 2 r " Aug. 26
Monetary A g g r e g a t e s ($ b i l . ,

28..9
28..2
28 .7

28.3
27.1
28.1

4 weeks ended
Sept . 2
Aug. 5

27 .3
26 .7
27 .1

. 27.3
26.3
27.1

Week ended 4 w k s . e n d e d
Sept. 3
Sept. 3

SA)

T o t a l member bank d e p o s i t s
T o t a l member bank d e p o s i t s p l u s nondepos 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 components)
Time d e p o s i t s , a l l commercial banks
U . S . Government demand d e p o s i t s , member banks

306 .8
325 .2
206 . 1
213 .7
7 .4

305 .5'
324 .2
. 206 .2
212 .6
7 .4

304 .0
322 .7
206 .3
212 .2
6 .5

29/.3
316.9
204.0
208.2
4 .6

285 .8
304 .3
199 .5
194 .0
3 .2

285.3
303.9
199.3
194 .3
2.8

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 .
V
Unweighted a v e r a g e r a t e s on loans posted by major New York C i t y b a n k s .
Average 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 dep s i t w i t h 3-month matur i ty in second 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 bonds .
4 / I n c l u d e s i n c r e a s e s in r e q u i r e d r e s e r v e s due t o changes in R e g u l a t i o n s M and D, e f f e c t i v e October 16, 1969.

5_/ Sometimes r e f e r r e d t o as t h e " 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 bank d e p o s i t s , b a n k - r e l a t e d commercial
http://fraser.stlouisfed.org/
paper 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 nondepos i t s o u r c e s . On September 2 b a n k - r e l a t e d
commercial
paper
Federal Reserve
Bank
of St.amounted
Louis t o $ 6 , 5 7 1 m i l l i o n .