TABLE-U.S. M-2 money supply down $33.9 bln July 5 wk

July 15 (BestGrowthStock) – U.S. M-2 money supply fell by $33.9
billion in the July 5 week to $8,588.9 billion, the Federal
Reserve said.

The Fed said the four-week moving average of M-2 was
$8,602.2 billion vs. $8,610.7 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 5 (billions dlrs)

Latest Change Prev week Rvsd from
M-1….1,726.7 down…19.1 vs 1,745.8…..1,745.5
M-2….8,588.9 down…33.9 vs 8,622.8…..8,623.9
M-2 Avg 4 wks (Vs Wk ago)..8,602.2 vs …8,610.7
Monthly aggregates (Adjusted avgs in billions)
M-1 (June vs May)………1,722.6 vs…..1,706.8
M-2 (June vs May)………8,611.8 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…………..963,577 vs.rvsd…958,421
Other Borrowings…………66,906 vs………68,639
Seasonal Loans…71 vs………….71
Total Borrowings…………66,904 vs………68,636
Term Auction Credit…………… vs……………
Excess Reserves……….1,030,483 vs……1,027,060
Required Reserves (Adj)…..63,900 vs………64,503
Required Reserves………..61,661 vs………67,141
Total Reserves………..1,092,144 vs……1,094,202
Non-Borrowed Reserves….1,025,240 vs……1,025,566
Monetary Base (Unadj)….2,000,603 vs……1,994,350

One week ended July 14 (H4.1)
Bank Borrowings……….66,775 down………..258
Primary Credit……………86 up…………..45
Secondary Credit…………nil down………….1
Seasonal Credit…………..72 up……………3
Asset-Backed.nil vs…………unch
AIG Credit Ext………..24,512 down…………58
TALF……42,105 down………..247
Other Credit Ext…………nil vs…………unch
Float…..-1,833 up………….141
Balances/Adjustments……2,472 vs…………unch
Currency.945,837 down………1,962
Treasury Deposits……..18,262 down………7,722
Maiden Lane LLC……….28,531 up…………..29
Maiden Lane II………..15,545 down………..187
Maiden Lane III……….22,931 down………..237

One week ended July 14 – daily avgs-mlns
Fed bank credit………..2,315,940 up………1,333
Treasuries held outright….777,002 up………….8
Agencies held outright……163,626 down…….1,136
Mortgage-Backed secs……1,119,851 up………1,579
Repos…………nil vs……….unch
Other Fed assets………….96,027 up………1,393
Other Fed liabilities……..72,607 up………..489
Other deposits with Fed……11,020 up………1,578
Foreign deposits…………..1,487 down………131
Gold stock….11,041 vs……….unch
Custody holdings……….3,113,710 up……..13,214

Factors on July 14
Bank borrowings…………..66,572 vs……..66,925
Float………-2,001 vs……..-2,759

TABLE-U.S. M-2 money supply down $33.9 bln July 5 wk