F E D E R A L R E S E R V E s t a t i s t i c a l r e l e a s e

Tabl* 1

H6 MONEY STOCK MEASURES For Immediate Release June 27 , 1974

IN BILLIONS OF DOLLARS M l 1 5Ha MS j • l ' M2 [ M3'

Date M i plus time deposits M; plus deposits !M| plus tTme deposits M2 Plus deposits Date Currency plus at commercial banks at nonbank 1 Currency plus I at commercial banks at nonbank demand deposits^ other than large

CD's V 1 thrift institutions ^ i demand deposits other than large

1 CD's** thrift institutions2'

• ^ ^ M P ^ ^ i ^ * B « W « * i B d Seiionilly Adjusted ! \ lot Seasonally Adjusted 1973—May 262.4 1 543.7 j 854 .1 I i 257.9 1 541.8 1 853.2

June 265.5 549.5 862.6 263,6 548.9 863.6 July 266.4 552.1 867.-1 265.7 551.1 867.6 August 266.3 555.1 870.7 1 263.0 551.3 866.6 September 265.5 556.8 873.5 | 1 264,0 554,4 870.0 October 266.6 561.9 880.3 I 266.1 560.1 877,2

269.2 567.3 887.7 | 270.9 565.7 884.0 December 271.4 572.1 894,8 ] 279,1 577.2 898.4

1974--January 270.8 575*4 900.4 278.1 581.4 i 905.9 February 273.7 ! 581.9 909.0 270.8 579,3 i 906.3 March 276.2 ! 586.2 915.8 ! 273.5 585.7 ! 916.5 April 278.1 590.2 r 921.5 279.6 594.6 | 927.7 May p 279.3 592.9 925.0 274.6 591.0 , r 924.1

Week ending: 1974—May 1 276.8 589.6 275.2 590.8

8 278.6 591.3 274.9 590.3 15 279.5 593.1 1 275.9 592.3 22 280.6 593.9 274.3 590.4 29 278.1 | 592.5 271.8' 589.2"

June 5 p ,281.1 1 596.9 278.1 r 596.4 12 p 280.9 r 597.1 279.5 r 598.0

19 p 281 ,6

J 598 .4 2 8 0 . 4 5 9 8 . 6

y

v

includes (1) demand deposits at all commercial banks other than those due to domestic commercial banks and the U S Qovernment le$4cash Items in the process of collection and F R float (2) foreign demand balances at F R Banks and <3) currency outstde the Treasury F R Banks and vaults of all commercial banks

includes in addition to currency and demand deposits savings deposits time deposits open account and t«me certificates ot deoo%*H Q*tw than ^ p r p l i m i n a r v negotiable time certificates of deposit issued in denominations ot $100 000 or more by large weekly reporting commercial bank* P * r J Includes M2 plus the average ot the beginning and end of month deposits ot mutual savmgs banks and savings and loan shares r - R e v i s e d

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

FEDERAL RESERVE Statistical Release H 6

Table 2

MONEY STOCK MEASURES PER CENT CHANGE AT SEASONALLY ADJUSTED ANNUAL RATES

Per»od

M ,

Currency plus demand deposits^

M,

M \ plus ttm* deposits at commercial banks

other than large CD's2 /

M-

M? plus deposits at nonbank

thrift institutions y

May from:

February 1974 (3 months previous) November 1973 (6 months previous) May 1973 (12 months previous)

Four# weeks ending June 19 * 1974 from four weeks ending:

March 20, 1974 (13 weeks previous) Dec. 19, 973 (26 weeks previous) June 20,1973 (52 weeks previous)

8*2 7.5 6.4

6.8 7,2 5-9

7.6 9.0 9*0

7.4 9.1 8,8,

7.0 8.4 8.3

v ¥ Mot

includes O > demand deposits at all commercial banks other than those due to domestic commercial banks drtd the U $, Government, Jess ca$h Hems in the process of collection and F R float

(2) foreign demand balances at F R Banks and (3) c unency outside the Treasury F R Banks and vaults of all commercial banks,

includes m aoa'won \Q currency and demand deposits savings deposits time deposit open account and tifne eerlittestes oi deposits other than neqot.Hbie time tertit.caie$ 0\ deposti issued m denominations of $100 000 or more^bVlarge weekly reporting commercial banks* mc iude^ M2 plus the average of the beginning and end ot month deposits of mutual savings banks ,and savings and loan snares

- AH ta\$*. of change are based on daily average data rates of change are not compounded*

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

FEDERAL RESERVE Statistical Release H.6 Table 3

COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITEMS SEASONALLY ADJUSTED, IN BILLIONS Of DOLLARS

Currency Demand deposits

Tjrfta and sayings deposits M M H M M M W M W

Date Currency Demand deposits C0*s^ Other Total

Nontfank | thrift institutions ^

73—May 5 8 . 9 2 0 3 . 4 6 1 . 3 2 8 1 . 4 3 4 2 , 7 3 1 0 . 4 June 59 .A 1 2 0 6 . 2 | 6 2 . 0 2 8 3 . 9 3 4 5 . 9 3 1 3 . 1 J u l y 5 9 . 5 i 20 .6 .9 6 3 . 9 1 2 8 5 . 7 3 4 9 . 6 3 1 5 . 0 Augus t 5 9 . 8 2 0 6 . 4 6 6 . 3 2 8 8 . 8 3 5 5 . 1 3 1 5 . 6 September 6 0 . 2 2 0 5 . 3 6 6 . 7 2 9 1 . 4 ! 3 5 8 . 0 3 1 6 . 7 O c t o b e r 6 0 . 5 2 0 6 . 1 6 3 . 8 2 9 5 , 3 | 3 5 9 . 1 3 1 8 . 5 November 6 1 . 0 2 0 8 . 2 1 6 2 . 0 2 9 8 . 1 3 6 0 . 1 3 2 0 . 4 December 6 1 . 7 2 0 9 . 7 6 2 . 8 3 0 0 . 6 3 6 3 . 5 3 2 2 , 7

>7 4 — J a n u a r y 6 1 . 9 2 0 8 . 9 6 5 . 5 3 0 4 . 6 3 7 0 . 1 3 2 5 . 0 F e b r u a r y 6 2 . 7 2 1 1 . 1 6 6 . 6 3 0 8 . 2 3 7 4 . 8 1 3 2 7 . 1 March ! 6 3 . 4 l 2 1 2 . 9 j 6 7 . 7 3 1 0 . 0 3 7 7 . 7 3 2 9 . 6 A p r i l 6 4 . 0 1 2 1 4 . 1 I 7 5 . 4 3 1 2 . 1 3 8 7 . 4 1 3 3 1 . 4 May p 6 4 . 5 2 1 4 . 8 8 1 . 2 3 1 3 . 6 3 9 4 . 8 3 3 2 . 1

>ek e n d i n g : 1 6 3 . 9 2 1 3 . 0 7 8 . 0 3 1 2 . 8 3 9 0 . 8 >74—May - 1 1 6 3 . 9 2 1 3 . 0 7 8 . 0 3 1 2 . 8 3 9 0 . 8

8 6 4 . 5 2 1 4 . 1 7 9 . 7 3 1 2 . 7 3 9 2 . 4 15 6 4 . 4 2 1 5 . 1 I 8 0 . 6 3 1 3 . 6 3 9 4 . 2 22 6 4 . 6 2 1 6 . 0 I 8 2 . 0 3 1 3 . 3 3 9 5 . 2 i 29 6 4 . 6 2 1 3 . 5 8 2 . 5 3 1 4 . 4 3 9 6 . 9

June 5 6 4 . 5 2 1 6 . 6 8 1 . 9 r 3 1 5 . 7 r 3 9 7 . 6 12 p 65 .Q r 2 l 6 . 0 8 2 . 5 3 1 6 . 2 r 3 9 8 . 7 19 p 6 4 , 9 r 2 1 6 . 7 8 3 . 5 ' r 3 1 7 . 0 ! r 4 0 0 . 5 26 p 64 .8 - 2 1 5 . 6 8 4 . 1 3 1 7 . 1 ! 4 0 1 . 2

include", negotiable lime certificates of deposit issued in denominations Of $100 000 or more by large weekly reporttng commercial banks p _ Pre 1 i m i n a f A f-'a^e of beginning and end of month deposits at mutual savings banks and savings and loans shares _ . , Digitized for FRASER

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

FEDERAL RESERVE Statlitical Release H 6

Table 4

COMPONENTS OF MONEY STOCK MEASURES AND RELATED ITEMS NOT SEASONALLY ADJUSTED, IN BILLIONS OF DOLLARS

| Demand deposli 5 Time and pavings deposit | Nonbank Nonbank

Date Currency Total !' Member Domestic nonmember 2/j CD's*' Other j Total thrift

institutions"

US Gov't demand 5 /

1973—May 58.7 199.2 145.8 , 51.1 j 58 .8 283.9 342.7 311.4 1 8.7 June 1 59.4 204.1 149.1 52.4 59 .3 285.3 344.7 314.7 7.1 July | 60.0 205.7 149.7 53,2 j 62 .3 285.4 347.8 316.5 6.5 August i 60.0 1 202,9 147.8 52.7 i 68 .4 288.3 ! 356.7 315.3 4 .1 September 60 .1 203.8 148,2 53.3 68.8 290,5 359.3 I 315.6 \ 5.3 October 60 .4 1 205.7 149.7 ' 53.8 1 66.3 294.0 360.3 ! 317.0 ! 6,0 November 61.5 209.5 151.8 55.1 j 64 .1 294.8 359.0 | 318.3 4 .3 December • 62.7 ! 216.4 157,0 56,6 : 64 .1 298.1 362.2 i 321.2 6.3

1974--January 61.6 216.5 156.4 57,1 66,1 303.4 369.4 324.5 8.0 February 61,9 209.0 151,2 55,2 65.9 308,5 374.4 ! 326.9 6.6 March 62.7 210.8 152.5 55,5 1 67.0 312.2 379.2 330.8 6.3 April 63.6 1 216,1 156.0 57.3 [ 72.4 314.9 387.3 ! 333.2 1 6,0 May p | 64 .3 | 210,3 131.3- 56.1 77.8 316.4 394.2 r 333.1 7.5

Rg-eA ,gjl<jjj*fi: ' 19 74—May 1 63.0 | 212.1 153,2 56.1 74.3 315.6 389.9 9.3

8 64.5 i 210.5 151.7 56.0 76.0 315.4 391,4 11.1 15 64 .4 , 211.5 152.2 56.6 76.9 316.4 393.3 7.5 22 64.2 210.1 151.4 55.9 78.8 316.1 394.9 6.5 29 64 ,1 r 207.7 r 149,6 55 ,4 79.6 i r 317,4 397.0 5 .2

June 5 p 64.6 213.5 153.8 56.8 79.2 i 318.3 397.5 4 .2 12 p 1 65.3 i 214.2 r l53 .9 57.6 r 7 9 , 6 | r 318,5 398.1 3 .7 19 p 6 5 . 0 2 1 5 . 4 1 5 4 . 2 5 7 . 7 7 9 . 1 | 3 1 8 . 2 3 9 7 . 4 6 . 8

U Total deposits include in addition to the member and domesiic nortmember deposits shown, deposits due to foreign and international.Mis!itiJl/om

at F R Banks and M 1 type balance* at agencies end branches of foreign banks

2 / Based on mo** recent call report single day observations

3/ include* negotiable time certificates of deposits issued m denominations of $100,000 or more by hr ge wpbkty rwonm$ eommorciaJ banks

4 / Average of beginning and end of month deposits at mutual savings banks and savings and foan *han »

6 / U S Government demand deposits at all commercial banks

p - Preliminary, r - Revised*

Rev 2/74

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