'^iy^v^ F E D E R A L R E S E R V E s t a t i s t ! co I r e l e a s e

FEDERAL RESERVE 5UtliliCfcl RtUfcie H.6 Tlblft I

MONEY STOCK MEASURES IN BILLIONS OF DOUARB

For Immediate Release JUNfc 5> 1975

B M M M M W M M M * M M M M B

*r i M2 . "a - T T " *s ll \ H M L 1 M4 Mft Date

Currency Plus

M> Plus Tims Deposits at Commercial

MjPlus Deposits at

Non bank Thrift

% Institutions^

M2P'us targe

MjPlus ki Urge

Currency 1 Plus

\M\ Plus Time 'Deposits at Commercial

MjPlus Deposits at

Nonbank Thrift

v

1 Institutions^

Mj Plus 4 Urge

M3Plus Large

Demand franks

MjPlus Deposits at

Non bank Thrift

% Institutions^

Negotiable CD's*/

Nfttatlabla CO>s/

1 Demand Deposits!/

Banks

MjPlus Deposits at

Nonbank Thrift

v

1 Institutions^ ! Negotiable Negotiable

Deposits^ Other Thin Urge CD's J'

MjPlus Deposits at

Non bank Thrift

% Institutions^

Negotiable CD's*/

Nfttatlabla CO>s/

1 Demand Deposits!/ Other Than

Large CD's*

MjPlus Deposits at

Nonbank Thrift

v

1 Institutions^ C D W CD'sJ*

Si aionetly Adju sted Hot Seasonally Ad uited 1974APR. 276*6 569*4 945*9 663*3 1019*8 j 278 .2 $93 . 5 9 5 2 . 2 665*3 1024*0

HAY 277*6 591*6 948 .6 feTCur 1021*3 | 272*9 569VT [ 946*$ 666*9 1025.5 JUNE ^80*tf 597T*1 9 5 5 . 9 676*4 1037*2 j 278 .2 596 .5 957*4 676*2 1037*0 JULY 2BO*4 599*6 959*6 663*2 1043*4 1 260*0 599.2 9 6 1 . 1 661 .9 1043*8 AUG. 260*5 6 0 1 . 9 962*7 6 8 5 . 7 1046*4 1 277.3 596*4 95B.7 665*5 1045*6 SEPT. 280.7 603.% 9 6 * . 0 688*2 1049*9 j 278.9 600*3 9 6 0 . B 689*0 1049.5 OCT, 281.6 607 .6 970*7 693*8 105* *9 281*2 6 0 5 . 7 967*4 694*5 1056.2 NOV, 282.6 611*6 976 .9 697*1 1062.4 265*1 609 .8 972*8 696*8 1059*9 DEC* 2B4.4 613*5 9 6 1 . 7 703*8 1072*0 292*3 618 .6 985*1 7 0 9 . 1 1075.5

1 9 7 5 J A N . 262.2 615 .5 9 6 7 . 0 706*3 1079*8 289 .3 621*5 992 .4 713*4 1084*4 FEB. 263.5 6 2 0 . 3 9 9 * . 6 712*4 108746 2 6 0 . 4 6 1 7 . 9 9 9 3 . 3 7 0 7 . 1 1062.5 MAR. 266 .1 6 2 6 . 4 1007*2 716*2 1097*0 263*3 6 2 5 * * 1008.6 714 .0 1096.7 APR. 287 .1 630 .4 1 0 1 7 a 716*8 1105*4 ; 288 .7 634 .8 1023*7 720 .6 1109.5

MEEK ENDlNGt

1975APR. 2 286.2 626 .2 718 .4 2 8 4 . 7 629 .8 717 .9 9 i 267.A 629 .9 719*3 290*5 6 3 6 . 1 7 2 3 . 1

16 { ! 287*1 630*4 7 1 9 . 0 292*4 638 .5 724*4 23 | 266.4 6 2 9 . 9 717*7 286*5 6 3 4 . 8 7 1 9 . 9 30 286.5 jt 630*9 716 .2 283*3 630 .4 715*0

MAY T ?BB.0 1* 633 .2 719 .6 284 .4 r 632 .4 716 .4 14 289*0 It 636 .0 722*3 ir 265 .2 635*2 719 .5 21 P 289 .9 r 637 .6 [t 723*5 'r 284*5 t 635*2 r 719 .6 26 p 29?.4 642 .4 726 .8 284 .7 6 3 7 . 7 721 .6

JT'IMLWIi I I I 6tfc iwnSIMikli AT ALL C0> iHtntm m U otm^ry M W6'6l irto'tami1 ic cBWMmm umt m TUB U>S.6WERNHEMI* LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND F.R.FLOATt (2 1 FOREIGN DEMAND BALANCES AT F.R.BANKS* AND 13) CURRENCY OUTSIDE THE TREASURY* F.R.BANKS AND VAULTS OF ALL COMMERCIAL BANKS.

2 / INCLUDES* IN ADDITION TO CURRENCY AHD OEHANO DEPOSITS* SAVINGS DEPOSITS, TIME DEPOSITS OPEN ACCOUNT, AND TIME CERTIFICATES OF DEPOSITS OTHER THAN NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF *1000O0 Oft MORE BY LARGE WEEKLY REPORT-ING COMMERCIAL BANKS.

3 / INCLUDES N2, PLUS THE AVERAGE Of THE BEGINNING AND END OF MONTH DEPOSITS OF MUTUAL SAVINGS BANK* SAVINGS AND LOAN SHARES* AND CREDIT UNION SHARES.

* / INCLUDES M2 PLUS NEGOTIABLE TIME CERTIFICATES OP DEPOSIT ISSUED IN DENOMINATIONS OP $100*000 OR MORE. 5 / INCLUOES M3, PLUS NEGOTIABLE TIME CERTIFICATES OF OPPOSIT ISSUED IN DENOMINATIONS Of 100,000 OR MORE. ~ - PRELIMINARY; R - REVISED Digitized for FRASER

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

FEDERAL RfSlfTVE Stftliltic*) fttftf i t H 6 Ttblp 2

MONEY STOCK MEASURES PER CENT CHANGE AT SEASONALLY ADJUSTED ANNUAL RATES

DATE

M,

Currency Pius Oem&t)6 Deposits-^

W f l

Mt Plus Trnie Deposits at Commercial

Banks Other Than Large CD's^

m ^

Ms Plus Deposits at Nonbank'ThrMt

Institutions'^/

M 4

M3 Plus Large A Negotiable CD's^!

M,

MfrPlus Large Negotiable CD's y

APRIL FROHl

JAN. 1975 13 MONTHS PREVIOUS J

OCT, 1974 it MONTHS PREVIOUS)

APR. 1974 U2 MONTHS PREVIOUS)

POUR WEEKS ENDING! MAY 28, 19?5 FROM FOUR WEEKS ENDING!

FEB. 26* 1975 U3 WEEKS PREVIOUS)

NOV. 27, 1974 (26 WEEKS PREVIOUS)

NAY 29, 1974 i52 WEEKS PREVIOUS)

6*9

3.9

3*8

9.T

7.5

7.0

12*2

9.6

7#5

5.9

7.2

8.4

9.5

9.2

B.4

9.2

4.6

4.4

n2 8*5

T.7

6.1

7*6

1.9

b&MfcSflt COMM^CIAL BANKS AND THE U.S.GOVERNMENT, ALANC6S AT P ^ BANKSt AND i%\ CURRENCY OUTSIDE

1/ INCLUDES (1) DEMAND DEPOSITS AT ALL COMMERCIAL BANKS OTHER THAN THOSE DUE LESS CASH ITEMS IN THE PROCESS OF COLLECTION AND F.R.FLOATl (2) FOREIGN M THE TEASURYf F.R.BANKS AND VAULTS Of ALL COMMERCIAL BANKS.

2/ INCLUDES* IN ADDITION TO CURRENCY AND DEMAND DEPOSITS* SAVINGS DEPOSITS, 711ME DEPOSITS OPEN ACCOUNT, AND TIME CERTIFICATES OF DEPOSITS OTHER THAN NEGOTIABLE TIME CERTIFICATES OF DEPOSIT ISSUED IN DENOMINATIONS OF 4100,000 OR MORE BY LARGE WEEKLY REPORT-ING COMMERCIAL BANKS.

3/ INCLUDES M2t PLUS THE AVERAGE OF THE BEGINNING AND END OF MONTH DEPOSITS OF -MUTUAL SAVINGS BANKSt SAVINGS AND LOAN SHARES* AND CREDIT UNION SHARES.

4/ INCLUDES M2, PLUS NEGOTIABLE TIME CERTIFICATES OP DEPOSIT ISSUED IN DENOMINATIONS OF i100t000 OR MORE. 5/ INCLUDES M3t PLUS NEGOTIABLE TIMS CERTIFICATES OP DEPOSIT ISSUED IN DENOMINATIONS OP *XOO,000 OR MORE. NOTE 1 ALL RATES OP CHANGE ARE BASED ON DAILY AVERAGE DATA I RATES OP CHANGE A[M NOT COMPOUNDED*

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

FEDERAL RESERVE SUtlttical R|aafl H.0

TibU 3 COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITEMS

SEASONALLY ADJUSTED. IN BILLIONS OP DOLLARS

Currency Demand Deposits | Til fta and Savings Deposits [ Nonbank

Date Currency Demand Deposits h 1 1 CD's1/

' i ~ ~ Other Total

1 n w i i v . i i n j&i Thrift Institutions*

1974APR. 6 3 . 9 2 1 2 . 8 7 3 . 9 3 1 2 . 7 3 8 6 . 7 356*5 MAY 6 4 . 3 2 1 3 . 3 7 8 . 5 3 1 4 . 0 3 9 2 . 5 3 5 7 * 1 JUNE 6 4 . 6 2 1 5 * 4 8 1 . 3 3 1 7 . 1 3 9 8 . A 3 5 6 * 8 JULY 64 *8 2 1 5 . 6 8 3 . 6 3 1 9 . 2 402 *6 3 6 0 * 2 AUG* ! 65.5 215.0 6 3 . 6 3 2 1 * 5 405*2 3 6 0 * 7

3 2 2 . 7 4 0 7 . 5 3 6 1 . 6 OCT. j 6 6 . 5 2 1 5 . 2 1 86*2 3 2 5 * 9 4 1 2 * 1 3 6 3 * 1 NOV, ] 6 7 . 4 2 1 6 . 2 8 5 . 5 3 2 8 . 0 4 1 3 * 6 3 6 5 * 3 DEC. 6 7 . 9 2 1 6 . 5 9 0 . 3 3 2 9 * 1 4 1 9 . 4 3 6 8 . 3

1975J AN. 6 8 . 2 2 1 4 . 0 9 2 . 7 3 3 3 . 3 4 2 6 . 0 3 T 1 . 3 FEB. 6 6 . 8 2 1 4 . 7 9 2 . 1 3 36*8 4 2 8 . 9 3 7 5 . 3 MAR, 6 9 . 5 2 1 6 . 6 1 8 9 . 8 1 3 4 0 . 3 4 3 0 * 0 3 6 0 . 6 APR* 6 9 . 6 2 1 7 . 5 6 8 . 4 3 4 3 . 3 4 3 1 . 7 386 *6

WEEK ENOINGt

1975APR. 2 6 9 . 7 2 1 6 . 5 9 0 . 2 3 * 2 . 0 4 3 2 * 2 9 6 9 . 5 2 1 7 . 8 69*4 3 4 2 . 6 4 3 2 . 0 !

16 6 9 . 5 2 1 7 * 6 8 8 . 6 3 4 3 . 3 4 3 1 . 6 j 23 6 9 , 7 1 2 1 6 . 7 8 7 . 9 3 4 3 . 5 4 3 1 * 4 i 30 6 9 . 8 j 2 1 6 . 8 8 7 . 2 3 4 4 . 4 4 3 1 . 6

HAY 7 6 9 . 8 2 1 8 . 2 r 8 6 . 4 r 3 4 5 . 1 4 3 1 . 6 14 7 0 . 2 1 2 1 8 . 6 r 8 6 . 3 3 4 7 * 0 4 3 3 * 3 21 P r 7 0 . 5 j r 2 1 9 . 4 r 8 5 . 9 j r 3 4 7 . 7 r 4 3 3 * 6 28 P 70^8 1 2 2 1 . 6 8 4 . 4 ! 3 4 9 . 9 4 3 4 * 4

1/ INCLUBI5 NUfiTIAfcLl TIME CEfeT!F!dAT5 OF OEPOsH ISSUED IN DENOMINATIONS 3F $10C.O00*OR MOR 6 BY LARGE WEEKLY REPORT-ING COMMERCIAL BANKS.

2/ AVERAGE OF BEGINNING AND END OF MONTH DEPOSITS AT MUTUAL SAVINGS BANKS, SAVINGS AND LOAN SHARES, AND CREDIT UNION SHARES. P - PRELIMINARY! R - REVISED

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

fiMUkl i f i f * V f lt#tlf!lc! *#!* H 6

TitMi 4

COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITEMS NOT SEASONALLY AOJUITtO, IN ftlLLIONS OE DOLLAW

mmmmBmm*m***e+**M^mmemmmmmimmKammma^m*mr9 j m inrT*rrffrrTOTnnrm

C u f r n c y

[ Dtmirtd OtpoilU i M M M * M n n M H H n n n M M M M M a H . n M i w n a H T i m * i n d S i v i n | t O i p o t i t Nonbank Thrift

Institutions^

w o wmmmmmmm

U 8 Gov't O i t f

j m inrT*rrffrrTOTnnrm

C u f r n c y K Totil1 '

Membi*' rDomrttic Nonrtimber2 C D ' S ^ I . ' i - .1 ' T n I

! Other Total

Nonbank Thrift

Institutions^

w o wmmmmmmm

U 8 Gov't

197A A P R . 6 3 . 5 2 1 4 * 7 155*8 5 6 * 2 i i . a 3 1 5 . 3 3 * 7 . 1 ! 358 .7 6.0 MAY 6 4 * 1 2 0 8 * 8 151*3 5 4 * 8 7 7 . 2 3 1 6 . 7 3 9 3 * 9 358*7 7 * 6 JUNE 6 4 . 8 213*5 133*6 56*1 ? 9 . 6 318*3 3 9 7 . 9 366.6 6 .1 JULY 6 5 . 3 2 t 4 * T 134*4 56.5 8 2 * 0 3 1 9 . 2 402.6 361*9 *V4 AUG* 6 5 * 7 2 l l * 6 152*3 5 6 * 1 67*1 321*1 408*2 360.3 4*0 s e p t . 6 5 . 8 3 6 * 6 8 S . 7 321*3 410*1 360*5 5*5 OCT. 6 6 * 4 2 1 4 * 7 1 5 4 * 4 5 t . t 88.ft 3 2 4 * 6 413*3 1 361*7 3,7 N O V . 6 7 . 9 2 1 7 * 3 1 3 6 * 0 5T.T 87.1 3 2 4 . 6 411.7 363,0 1 3,4 O E C . 6 9 * 0 2 2 3 * 3 1 6 0 * 4 58*9 90.5 3 2 6 . 3 416*8 366*5 4 ,9

1 9 7 * J A N . 6 7 * 8 221*5 1 5 f t * 9 58*T 91*9 3 3 2 . 2 424,1 371.0 4 .0 F E B . ! 6 7 * 9 2 1 2 . 6 1 5 2 . 4 36*6 < 69*2 31.4 426*6 3T5.4 3*4 MAR. 6 8 . 9 214,5 1 3 4 * 1 5T*1 88*1 342.6 430.6 1 362.1 3.9 APR* 6 9 . 2 219*3 l i t . 6 58,8 85*8 346.1 432,0 386.9 4*2

WEEK ENDING!

1 9 7 3 A P R . 2 6 8 * 8 215.9 1 3 3 * 6 5T#3 0ftI 245,0 433.1 4 ,3 9 7 0 . 0 2 2 0 * 6 158*2 5 9 . 1 et .o 345*6 432,6 [ 3.4

16 6 9 . 5 | 2 2 2 * 9 160*1 6 0 * 0 65*9 $46.1 432.0 3.6 23 6 9 . 1 2 1 9 * 3 15T*5 5 9 * 0 i S5.1 346.? 431.4 4 .9 30 6 8 * 5 2 1 4 * 8 1 3 4 . 6 5 f . i 64.6 ? 34f#6 4 3 1 . 7 i 5.1

HAY 7 6 9 . 9 2 1 4 * 5 1 3 4 * 3 5T.4 * # 4 * 0 * 34l*6 432.6 7 .1 1 4 7 0 * 2 t 2 1 5 . 0 1 5 4 * 1 51 #2 8 4 . 3 349.9 ir 434.3 3,T 21 P T0.1 * 2 1 4 * 4 r Mwl t 3T*9 * 4 * 5 j *

i M i f * 435*3 * . ? 26 P 7 0 . 1 2 1 4 . 6 154*0 5t .T ftli9 s j i . e 4*6*9 3 .0

1 / TOTAL DEPOSITS INCLUOE* I N A D D I T I O N TC THE MEMBE ft AND UOHES TIC NdNMEHE k6R D E P O S I T l SHOyNt 6 P asm out T 0 FOREIGN J mmmmmmmmitmtmmmmmtm ND INTERNATIONAL INSTITUTIONS AT F.ft.BANKS AND Ml TYPE BALANCES AT AGENCIES ANB BRANiHlI Qt FOREIGN BANKS. 2 / BASED ON MOST RECENT CALL REPORT SINGLE-DAY OBSERVATIONS, 3 / INCLUDES NEGOTIABLE TIME CERTIFICATES OP DEPOSIT 1SSUE0 IN DENOMINATIONS OF 6100^006 Qft HORE BY LARGE WEEKLY

REPORTING COMMERCIAL BANKS. 4 / AVERAGE OP BEGINNING AND END OP HONTM DEPOSITS AT NUTUAL SAVINGS *ANRS. SAVINGS AND LOAN SHARES, ANb CREDIT UNION JMAftES, 3/ U.S.GOVERNMENT DEMAND DEPOSITS *T ALL COHME*ClAL 6ANKS. P - PRELIMINARY! R - REVISED Digitized for FRASER

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