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H.9
(Rev. 6 / 7 0 )

/WEEKLY SUMMARY OF BANKING AND CREDIT MEASURES
(Averages of d a i l y f i g u r e s )
Week ended

For immediate r e l e a s e
September 9, 1971

4 weeks ended

Year-ago d a t a
Week ended 4 wks . ended
Sept. 9
Sept. 9

Sept.

Sept. 1

765
-541
5.73
6.03
4.56
5.55
8.76
5.99

708
-363
5.59
5.94
4.54
5.56
9.16
6.12

856
-630
5.60
5.90
4.68
5.69
8.79
6.13

756
-553
5.50
5.77
5.38
5.80
6.78
6.42

763
-348
6.64
7.38
6.37
7.45
7.97
6.98

691
-485
6.52
7.22
6.37
7.63
8.04
7.07

32.3
31.6
32.1

31.9
31.2
31.6

31.9
31.0
31.6

31.6
30.8
31.3

29.4
28.7
29.1

28.9
28.2
28.7

Sept. 8

Aug. 11

M a r g i n a l R e s e r v e Measures & I n t e r e s t Rates (NSA)
Member bank b o r r o w i n g s ($ m i l . )
F r e e or n e t borrowed ( - ) r e s e r v e s ($ m i l . )
Federal funds r a t e
D e a l e r l o a n r a t e 1J
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,/.
R e s e r v e A g g r e g a t e s t$ 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

Week ended
Sept. 1
Aug. 25

4 weeks ended
Sept. 1
Aug. 4

Week ended 4 wks . ended
Sept, 2
Sept. 2

Monetary A g g r e g a t e s ($ t i l l . . 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 plus n o n d e p o s i t items 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 y a l l commercial banks
U . S . Government depand d e p o s i t s , member banks

349.0
350.1
347.6
343.8
306.8
304.0
,353.8
351.5
348.1
353.0
325.0
322.7
228.2
227.2
227.2
228.1
212.4
212.3
258.8
258.7
258.2
257.1
215.4
213.7
7.7
8.1,
6.5
3.8
7.1
6.5
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 i U n w e i g h t e d 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 .
'
2/ Averag^ 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-month m a t u r i t y i n secondary 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 20-year b o n d s .
2j7 In e 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 borrowings and b a n k - r e l a t e d commercial p a p e r .
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 .
p e r , E u r o - d o l l a r borrowings 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 September 1 bank^frfelated
Digitized forp aFRASER
commercial paper amounted t o $ 1,744 m i l l i o n .
'