TABLE-U.S. M-2 money supply down $14 bln July 12 wk

NEW YORK, July 22 (BestGrowthStock) – U.S. M-2 money supply rose by
$14.0 billion in the July 12 week to $8,602.8 billion, the
Federal Reserve said on Thursday.

The Fed said the four-week moving average of M-2 was
$8,606.6 billion vs. $8,602.1 billion in the previous week.

Following are the details of the money supply report, and
the Fed’s H.3 and H.4 reports:

One week ended July 12 (billions dlrs)

Latest Change Prev week Rvsd from
M-1….1,705.1 down…21.6 vs 1,726.7…..1,726.7
M-2….8,602.8 up…..14.0 vs 8,588.8…..8,588.9
M-2 Avg 4 wks (Vs Wk ago)..8,606.6 vs …8,602.1
Monthly aggregates (Adjusted avgs in billions)
M-1 (June vs May)………1,722.7 vs…..1,706.8
M-2 (June vs May)………8,611.7 vs…..8,580.1

Federal Reserve’s H.3 and H.4 report:

Two Weeks Ended July 14 daily avgs-mlns (H.3)
Free Reserves……..rvsd..963,577 vs.rvsd…958,424
Other Borrowings…………66,906 vs………68,639
Seasonal Loans…71 vs………….71
Total Borrowings…………66,904 vs………68,636
Term Auction Credit…………..0 vs…………..0
Excess Reserves……….1,030,483 vs……1,027,063
Required Reserves (Adj)…..63,906 vs………64,503
Required Reserves………..61,667 vs………67,141
Total Reserves………..1,094,389 vs……1,091,567
Non-Borrowed Reserves….1,027,485 vs……1,022,931
Monetary Base (Unadj)….1,996,946 vs……1,991,615

One week ended July 21 (H4.1)
Bank Borrowings……….65,905 down………..870
Primary Credit……………25 down…………61
Secondary Credit…………..1 up……………1
Seasonal Credit…………..79 up……………7
Asset-Backed.nil vs…………unch
AIG Credit Ext………..24,154 down………..358
TALF……41,646 down………..459
Other Credit Ext…………nil vs…………unch
Float…..-1,671 up………….162
Balances/Adjustments……2,469 down………….3
Currency.942,989 down………2,848
Treasury Deposits……..51,307 up……….33,045
Maiden Lane LLC……….28,538 up……………7
Maiden Lane II………..15,550 up……………5
Maiden Lane III……….22,969 up…………..38

One week ended July 21 – daily avgs-mlns
Fed bank credit………..2,315,726 down………215
Treasuries held outright….777,010 up………….8
Agencies held outright……159,771 down…….3,855
Mortgage-Backed secs……1,124,453 up………4,602
Repos…………nil vs……….unch
Other Fed assets………….95,711 down………317
Other Fed liabilities……..72,719 up………..112
Other deposits with Fed………389 down……10,631
Foreign deposits…………..1,257 down………230
Gold stock….11,041 vs……….unch
Custody holdings……….3,131,777 up……..18,067

Factors on July 21
Bank borrowings…………..65,551 vs……..66,572
Float………-1,777 vs……..-2,001

Investment Basics

TABLE-U.S. M-2 money supply down $14 bln July 12 wk