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/=?/?£?/63

ADJUSTED MONETARY BASE
AVERAGES OF DAILY FIGURES

SEASONALLY ADJUSTED BY THIS BANK

BILLIONS OF DOLLARS

202

BILLIONS OF DOLLARS

------ -------- -------- 202

-------- 1---------- 1----

BILLIONS
199.2
199.6
199.8
199.6
200.7

NOV.
DEC.

200. 1

3 17

I

IS 29

12 26

JAN

0 23

9 23

FEB

6 20

4

APR

MAY

18

I

15 29 13 27 10 24

JUL

' AUG

7 21

5

SEP

OCT

IS

2 16 30 14 21 II

DEC

29

JAN

1982
LATEST DATA PLOTTED WEEK ENDINGt DECEMBER 28.

1983

THE ADJUSTED MONETARY BASE CONSISTS OFs (1) RESERVE ACCOUNTS OF FINANCIAL INSTITUTIONS AT
FEDERAL RESERVE BANKS, C 2 > CURRENCY IN CIRCULATION ‘CURRENCY HEU) BY THE PUBLIC AND IN THE
VAULTS OF ALL DF.POSIT6RY INSTITUTIONS), AND ( 3 ) AN ADJUSTMENT FOR RESERVE REQUIREMENT RAT 10
CHANGES.
THE MAJOR SOURCE OF THE ADJUSTED MONETARY BASE IS FEDERAL RESERVE CREDIT. DATA
ARE COMPUTED BY THIS BANK. A DETAILED DESCRIPTION OF THE ADJUSTED MONETARY BASE IS AVAIL­
ABLE FROM THIS BANK.

\
ADJUSTED MONETARY BASE
COMPOUNDED ANNUAL RATES OF CHANGE,
12/29/82

3/30/83

5/25/83

6/29/83

12.4
12.2
10.9
10. 1
9.6
9.4
9.2
8.9

10.0
8.3
7.6
7.3
7.3
7.3
7.1

7.4
6.7
6.4
6.6
6.7
6.5

4.2
4.6
5.3
5.7
5.6

AVERAGE OF FOUR WEEKS ENDINGt

7/27/83

8/31/83

5.4
6.1
6.3
6.2

6.5
6.7
6.4

9/28/83 10/26/83

TO THE AVERAGE
OF FOUR WEEKS
ENDINGt
5/25/83
6/29/83
7/27/83
8/31/83
9/28/83
10/26/83
11/30/83
12/28/83

.

-r

t.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

* -

- -

--

rv:

r„•

7.3
6.7

•

6.3

.

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

ADJUSTED RESERVES
AVERAGES OF OAILY FIGURES
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS
56 r-------- i------------- 1-------

BILLIONS OF DOLLARS
---------- ---------- ---------- 56

BILLIONS
NOV.

3

17

1

54.3
53.6
54.2
54.3
54.0
54.8

15 2S 12 26

JAN

0 23

FEB

S 23

6 20

4 18

APR

MAY

5 28 13 27

1982

10 24

7 21

5 IS

SEP

OCT

2 16 30 14 28 11

DEC

25

JAN

1983

LATEST DATA PLOTTED WEEK ENDING: DECEMBER 21,

1983

ADJUSTED MONETARY BASE (RESERVE ACCOUNTS OF FINANCIAL INSTITUTIONS AT FEDERAL 3ESFRVE
BANKS PLUS CURRENCY IN CIRCULATION) LESS CURRENCY HELD BY THE NONBANK PUBLICT

X
ADJUSTED RESERVES

\

COMPOUNDED ANNUAL RATES OF CHANGE,
12/22/82

3/23/83

5/18/83

12.6
14.7
12.2
10.4
9.0
6.9
6.6
6.9

8.5
5.9
4.5
3.4
1.3
1.7
2.5

1 1.3
7. 1
5.0
1.8
2.2
3.2

6/22/83

AVERAGE OF FOUR WEEKS ENDING:

7/20/83

8/24/83

9/21/83 10/19/83

TO THE AVERAGE
OF FOUR WEEKS
ENDING:
5/18/83
6/22/83
7/20/83
8/24/83
9/21/83
10/19/83
11Z23/83
12/21/83

....


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

-1.1
-1.5
-3.9
-2.2
-0.4

-1.1
-4.3
-2.1
0.0

-7.0
-2.9
0.0

-3.2
0.7

6.6

v'

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

MONEY STOCK ( Ml )

AVERAGES OF OAILY FIGURES
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS

BILLIONS OF DOLLARS
530

BILLION?

525

517.8
519.2
517.3
522.6
520.7
522.3

520
515
510
505
500
495
490
485
480
475
470
465
460

3 IT

1

IS 29 12 26

JAN

9 23

FEB

9 23

6 20

4

APR

MAY

18

I

15 29 13 27

10 24

7 21

5 19

SEP

OCT

2 16 30 K 2tS 11 23

LATEST DATA PLOTTED WEEK ENDING. DECEMBER 21, 1983
CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS* H.6 RELEASE.
Ml CONSISTS OF CURRENCY HELD BY THE NONBANK PUBLIC PLUS COMMERCIAL BANK DEMAND DEPOSITS
HELD BY THE NONBANK PUBLIC (EXCLUDING THOSE HELD BY FOREIGN BANKS AND OFFICIAL INSTITUTIONS)
AND OTHER CHECKABLE DEPOSITS OF ALL DEPOSITORY INSTITUTIONS PLUS TRAVELERS' CHECKS.'

'X
MONEY STOCK (Ml)

\

COMPOUNDED ANNUAL RATES OF CHANGE,

AVERAGE OF FOUR WEEKS ENDING:

12/22/82

3/23/83

5/18/83

6/22/83

7/20/83

8/24/83

13.4
14.5
13. 1
12.3
10.8
10.3
9.0
8.9

12.6
10.7
10.0
8. 1
7.7
6.4
6.6

12.6
10.7
7.8
7.3
5.7
6.0

6.3
3.7
4.1
2.9
3.6

3.3
3.9
2.5
3.4

1.6
0.6
2.3

9/21/83 10/19/83

TO THE AVERAGE
OF FOUR WEEKS
ENDING:
5/18/83
6/22/83
7/20/83
8/24/83
9/21/83
10/19/83
11/23/83
12/21/83

3C3E


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

1.7
3.5

2.8

•

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

MONEY MULTIPLIER^
CURRENCY COMPONENT OF MONEY STOCK 2/
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

RATIO

RATLS

Ml MULTIPLIER

LATEST DATA PLOTTED WEEK ENDING. DECEMBER 21,

1983

BILLIONS OF DOLLARS

BILLIONS OF DLLLARS
i 48

COMPOUNDED ANNUAL RATES
-----OF CHANGE. AVERAGE OF
THE FOUR llfEEKS ENDING
DECEMBER 21, 1983 FROM

143
144

SEP.

21

CURRENCY

1983

142
140
138
136

12S2
NOV.

16

BILLIONS
145.1
145.6

132

145.5
145.6
145.9
3 17

I

IS 20 12 26

JAN

0 23

FEB

0 23

6 20

4 IS

APR

MAY

1

1982
LATEST DATA PLOTTED WEEK ENDING. DECEMBER 21.

IS 20 13 27 10 24

1983

7 21

5 10

SEP

OCT

2 16 30 14 28 11 25

DEC

JAN
1984

1983

1/ RATIO OF MONEY STOCK (Ml) TO ADJUSTED MONETARY BASE
2/ CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS’ H.6 RELEASE.
.
. >>- .
A* . ■


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

134

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

YIELDS ON SELECTED SECURITIES
AVERAGES OF DAILY RATES ENDED FRIDAY

PERCENT
15.0 I—

PERCENT
—I 15.0

CORPORATE
Aaa BONDS

PRIME BANK
LOAN RATE

MUNICIPAL
BONDS

90 DAY

COMMERCIAL
PAPER

JAN

4 18

FEB

2 16 30 13 27

1982
LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENDING

1984
NOV.

4
1 1
18
25
DEC.
2
9
16
23
30 *
JAN.
6
13
20
27

90 DAY
CD’S

30-DAY
COMMERCIAL
PAPER

90-DAY
BANKERS’
ACCEPTANCES

9.29
9.41
9.41
9.34
9.34
9.52
9.84
9.83
9.67

9.06
9. 16
9. 14
9.06
9.06
9.33
9.70
9.78
9.66

9. 13
9.22
9.25
9.19
9.21
9.41
9.74
9.70
9.54

CORPORATE
Aaa BONDS
12.42
12.47
12.42
12.36
12.39
12.51
12.66
12.61
12.56

s DECEMBER 30, 1983

CORPORATE
BONDS

Baa

13.58
13.63
13.64
13.59
13.63
13.69
13.79
13.79
13.79

MUNICIPAL
BONDS K*
9.79
9.75
9.70
9.74
9.82
9.91
10.04
9.92
N. A.

* AVERAGES OF RATES AVAILABLE.
** BOND BUYER’S AVERAGE INDEX OF 20 MUNICIPAL BONDS, THURSDAY DATA.
N.A. - NOT AVAILABLE


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

SELECTED

INTEREST RATES

AVERAGES OF DAILY RATES ENDED FRIDAY

PERCENT
14.0 r—

PERCENT
—i 14.0

13.0

12.0

5-YEAR
TREASURY SECURITIES

10.0
FEDERAL
FUNDS RATE

DISCOUNT
RATE
3-MONTH
TREASURY BILL

5 19

5 17 51

14 28 II

JAN

FEB

25 II

25

6 22

6 20

3 17

1

13 29 12 26

9 23

7 21

4 18

2 16 30 13 27

MAR

1982
LATEST DATA PLOTTED ARE AVERAGES OF RATES AVAILABLE FOR THE WEEK ENDING: DECEMBER 30, 1983

1984
NOV.

DEC.

JAN.

4
1 1
18
25
2
9
16
23
30 *
6
13
20
27

FEDERAL
FUNDS XX

3-MONTH
TREASURY
BILL

6-MONTH
TREASURY
BILL HOOK

1-YEAR
TREASURY
BILL

9.40
9.36
9.42
9.26
9.27
9.49
9.52
9.62
8.96

8.58
8.77
8.81
8.79
8.88
8.97
9.09
9.00
8.96

8.68
9.02
8.91
8.96
9.05
9.16
9.12
9.24
9. 14

9.05
9.09
9.08
9.07
9. 15
9.23
9.28
9.25
9.22

5-YEAR
TREASURY
SECURITIES
11.42
11.50
11.42
11.35
11.38
11.52
11 .62
11.55
11.53

* AVERAGES OF RATES AVAILABLE.
*91 SEVEN-DAY AVERAGES FOR WEEK ENDING WEDNESDAY TWO DAYS EARLIER THAN DATE SHOWN
CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS* Hi 15 RELEASE?
XXX NEW ISSUE RATE
TrSIuS? b?LL‘YIELDlR0«SD?lcSRBUll.",E C°“''UTE° 8V THE fEKKAL RESERVE ="* »= ST'

http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

LONG-TERM
TREASURY
SECURITIES
11.74
11.79
11.69
11.59
11.61
11.78
11.90
11.82
1 1.78

TOTAL CHECKABLE DEPOS I TS 1/
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS

BILLIONS OF DOLLARS
380

BILLION?
375

367.8
368.8
367.0
372.3
370.3
371.6

— DEC

370

365

360

355

350

345

340

335

330

3 IT

I

15 20 12 28

JAN

0 23

0 23

FEB

6 20

4 18

APR

MAY

I

15 20 13 27 10 24

1982

7 21

5 10

SEP

OCT

2 18 30 14 28 It 25

DEC

1983

LATEST DATA PLOTTED WEEK ENDING: DECEMBER 21,

JAN
1984

1983

1/ DEMAND DEPOSITS PLUS OTHER CHECKABLE DEPOSITS AT ALL DEPOSITORY INSTITUTIONS

TOTAL CHECKABLE DEPOSITS
COMPOUNDED ANNUAL RATES OF CHANGE,
12/22/82

3/23/83

5/18/83

6/22/83

13.7
15.4
13.9
13.1
10.9
10.1
8.4
8.5

13.2
11.2
10.5
7.7
7. 1
5.2
5.6

14.6
12.2
7.7
6.9
4.6
5.1

6.6
2.4
2.6
0.8
2.0

"M. '

,2.

AVERAGE OF FOUR WEEKS ENDING:

7/20/83

8/24/83

9/21/83 10/19/83

TO THE AVERAGE
OF FOUR WEEKS
ENDING:
5/18/83
6/22/83
7/20/83
8/24/83
9/21/83
10/19/83
11Z23/83
12/21/83

l.

:r ;l.v ^


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

..

.

.....

1.3
1.9
-0.2
1.5

-1.7
-3. 1
-0.3

-1.6
1.6

0.9

■

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

TOTAL TIME DEPOSITS^
ALL COMMERCIAL BANKS
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS

BILLIONS OF DOLLARS
B50

BILLION?

640

711.2
711.3
711.9
712.1
712.5
713.4

830
820
810
800
790
780
770
760
750
740
730
720
710
700
690
680
670

3

17

IS 29 12 28

JAN

9 23

9 23

FEB

8 20

4 18

APR

MAY

1

IS 29 13 27 10 24

7 21

5 19

SEP

OCT

2 16 30 14 28 II

DEC

25

JAN

1982
LATEST DATA PLOTTED WEEK ENDING: DECEMBER 21, 1983
1/ SAVINGS DEPOSITS PLUS SMALL TIME DEPOSITS PLUS LARGE TIME DEPOSITS

\

TOTAL TIME DEPOSITS
COMPOUNDED ANNUAL RATES OF CHANGE,
12/22/82

AVERAGE OF FOUR WEEKS ENDING:

3/23/83

5/18/83

6/22/83

7/20/83

8/24/83

-7.7
-5.3
-1 .9
-0.3
0. 1
1 .7
2.0

0.3
3.8
4.9
4.5
5.9
5.7

7.2
7.7
6.5
7.8
7.2

9.7
7.6
8.8
8.0

5.8
8.2
7.2

9/21/83 10/19/83

TO THE AVERAGE
OF FOUR WEEKS
ENDING:
5/18/83
6/22/83
7/20/83
8/24/83
9/21/83
10/19/83
11/2S/83
12/21/83


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

-35.3
-29.9
-26.2
-21.8
-19.2
-17.3
-14.6
-13.3

-

-ir

-

-

j

-

-

8.0
6.8

8.5

■V

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

0

SMALL TIME DEPOSITSu
COMMERCIAL BANK ‘SAVINGS DEPOSITS
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS

BILLIONS OF DOLLARS

■rq 460
1983
NOV.

16

BILLIONS
349.5
350.2
349.9
351.4
352.0
352.3

SMALL TIME DEPOSITS

LATEST DATA PLOTTED WEEK ENDINGt DECEMBER 21,

1983

BILLIONS OF DOLLARS

SSI
NOV.

16

BILLIONS OF DOLLARS
190

BILLIONS

185

135.2
135.1
134.9

180

133.8
133.6

175
170
165
160
155
150

SAVINGS DEPOSITS

145
140
135
130
3 IT

1

19 20 12 26

JAN

0 23

FEB

0 23

6 20

4 18

APR

MAY

1

13 20 13 27 10 24

7 21

5 10

SEP

OCT

2 16 30 14 28 II

DEC

25

JAN

LATEST DATA PLOTTED WEEK ENDINGt DECEMBER 21, 1983
1/ COMMERCIAL BANK TIME DEPOSITS ISSUED IN DENOMINATIONS OF LESS THAN 8100,000.

'at.. j:


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

0

BORROWINGS FROM FEDERAL RESERVE BANKS
AVERAGES OF GAILY FIGURES

BILLIONS OF DOLLARS
4.5 r-------- ,-------------,-----

=

BILLIONS OF DOLLARS
-------- ---------- --------=3 4.5

19Si MILLION?

— NOV.
Z
ZL DEC.

23
30
7
14
21
28

=
Z_

3 17

1

815
880
442
630
1059
757

IS 29 12 28

JAN

9 23

9 23

FEB

6 20

4 18

APR

MAY

I

IS 29 13 27 10 24

7 21

5 19

SEP

OCT

2 16 30 14 28 11

DEC

1982
LATEST DATA PLOTTED WEEK ENDING. DECEMBER 28.

25

JAN
1984

1983

BUSINESS LOANS u

( COMMERCIAL

AND

INDUSTRIAL )

WEEKLY REPORTING LARGE COMMERCIAL BANKS 2/
SEASONALLY ADJUSTED BY THIS BANK

BILLIONS OF DOLLARS
236 ---------- ,-------------,-----

BILLIONS OF DOLLARS
-------- ---------- ---------- 235

_ COMPOUNDED ANNUAL RATES
_ OF CHANGE, AVERAGE OF
__THE FOUR *EEKS ENDING
_ DECEMBER 21. 1983 FROM
_ THE FOUR WEdiKS ENDING.

0.1

-

-1.1

MILLIONS
NOV. 16

3 17

I

IS 29 12 28

JAN

9 23

FEB

9 23

6 20

4 18

APR

MAY

1982
LATEST DATA PLOTTED WEEK ENDING. DECEMBER 21,

IS 29 13 27 10 24

7 21

5 19

SEP

OCT

1983 s

2

16 30 14 28 11 25

DEC

JAN
1984

1983

1/ BUSINESS LOANS INCLUDE BANKERS’ ACCEPTANCES AND COMMERCIAL PAPER.
2/ BANKS WITH DOMESTIC ASSETS OF 8750 MILLION OR MORE

http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS

LARGE TIMfe DEPOSITS
ALL COMMERCIAL BANKS
AVERAGES OF DAILY FIGURES
SEASONALLY ADJUSTED

BILLIONS OF DOLLARS

BILLIONS OF DOLLARS
285
BILLIONS
280
226.0
227.1
226.3
226.7
227.5

275
270
265
260
255
250
245
240
235
230
225

220
1

15 29 12 28

JAN

9 23

FEB

9 23

8 20

4 18

APR

MAY

1

1982

15 29 13 27 10 24

5 19

2 18 30 14 28 II 25

DEC
1983

LATEST DATA PLOTTED WEEK ENDINGt DECEMBER 21,

7 21

JAN
1984

1983

CURRENT DATA APPEAR IN THE BOARD OF GOVERNORS’ H.6 RELEASE.
TIME DEPOSITS ISSUED IN DENOMINATIONS OF 9100,000 OR MORE.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

x

PREPARED BY FEDERAL RESERVE BANK OF ST. LOUIS