TABLE-U.S. M-2 money supply down $16.1 bln in Apr 19 wk

NEW YORK, April 29 (BestGrowthStock) – U.S. M-2 money supply fell
by $16.1 billion in the April 19 week to $8,450.3 billion, the
Federal Reserve said on Thursday.

The Fed said the four-week moving average of M-2 was
$8,477.6 billion vs. $8,491.0 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 April 19 (billions dlrs)

Latest Change Prev week Rvsd from
M-1….1,691.4 up……5.1 vs 1,686.3…..1,686.3
M-2….8,450.3 down…16.1 vs 8,466.4…..8,466.5
M-2 Avg 4 wks (Vs Wk ago)..8,477.6 vs …8,491.0
Monthly aggregates (Adjusted avgs in billions)
M-1 (March vs Feb)……..1,712.3 vs…..1,713.7
M-2 (March vs Feb)……..8,512.2 vs…..8,541.1

Federal Reserve’s H.3 and H.4 report:

Two Weeks Ended April 21 daily avgs-mlns (H.3)
Free Reserves……..rvsd..975,566 vs.rvsd.1,012,656
Other Borrowings…………79,450 vs………81,115
Seasonal Loans…23 vs…………..8
Total Borrowings…………79,450 vs………84,524
Term Auction Credit…………..0 vs……….3,410
Excess Reserves……….1,055,016 vs……1,093,771
Required Reserves (Adj)…..67,301 vs………66,252
Required Reserves………..66,448 vs………64,886
Total Reserves………..1,121,464 vs……1,158,658
Non-Borrowed Reserves….1,042,014 vs……1,074,134
Monetary Base (Unadj)….2,019,267 vs……2,055,406

One week ended April 28 (H4.1)
Bank Borrowings……….78,078 down………..758
Primary Credit…………5,990 down………..237
Secondary Credit…………588 down…………12
Seasonal Credit…………..32 up……………8
Primary Dealer…………..nil vs…………unch
Asset-Backed.nil vs…………unch
AIG Credit Ext………..25,812 up………….848
TALF……45,656 down………1,365
Other Credit Ext…………nil vs…………unch
Float…..-1,771 up………….148
Balances/Adjustments……2,667 down…………69
Currency.934,080 down………..394
Treasury Deposits……..57,162 up……….11,074
Maiden Lane LLC……….27,667 up………….138
Maiden Lane II………..15,322 up………….130
Maiden Lane III……….22,267 up………….230

One week ended April 28 – daily avgs-mlns
Fed bank credit………..2,316,689 down…….1,525
Treasuries held outright….776,716 up………….3
Agencies held outright……168,903 vs……….unch
Mortgage-Backed secs……1,099,763 down………102
Repos…………nil vs……….unch
Other Fed assets………….97,327 down……….93
Other Fed liabilities……..69,237 down………132
Other deposits with Fed………864 up………..496
Foreign deposits…………..5,470 up………3,166
Gold stock….11,041 vs……….unch
Custody holdings……….3,061,096 up………4,872

Factors on April 28
Bank borrowings…………..78,370 vs……..78,425
Float………-1,954 vs……..-2,111

Stock Investing

TABLE-U.S. M-2 money supply down $16.1 bln in Apr 19 wk