TABLE-U.S. M-2 money supply down March 29 wk

April 8 (BestGrowthStock) – U.S. M-2 money supply fell by $11.7
billion in the March 29 week to $8,490.8 billion, the Federal
Reserve said.

The Fed said the four-week moving average of M-2 was
$8,510.6 billion vs. $8,525.1 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 March 29 (billions dlrs)

Latest Change Prev week Rvsd from
M-1….1,719.7 up……0.8 vs 1,718.9…..1,716.1
M-2….8,490.8 down…11.7 vs 8,502.5…..8,480.1
M-2 Avg 4 wks (Vs Wk ago)..8,510.6 vs …8,525.1
Monthly aggregates (Adjusted avgs in billions)
M-1 (Feb vs 201)……….1,713.6 vs…..1,679.7
M-2 (Feb vs 201)……….8,541.1 vs…..8,485.5

Federal Reserve’s H.3 and H.4 report:

Two Weeks Ended April 7 daily avgs-mlns (H.3)
Free Reserves…………1,012,662 vs.rvsd.1,018,717
Other Borrowings…………81,115 vs………84,917
Seasonal Loans….8 vs…………..8
Total Borrowings…………84,524 vs………88,326
Term Auction Credit……….3,410 vs……….3,410
Excess Reserves……….1,093,777 vs……1,103,634
Required Reserves (Adj)…..66,250 vs………66,268
Required Reserves………..64,885 vs………63,858
Total Reserves………..1,158,661 vs……1,167,492
Non-Borrowed Reserves….1,074,137 vs……1,079,167
Monetary Base (Unadj)….2,054,317 vs……2,062,910

One week ended April 7 (H4.1)
Bank Borrowings……….80,414 down………1,400
Primary Credit…………7,205 down………..459
Secondary Credit…………600 vs…………unch
Seasonal Credit…………..11 up……………7
Primary Dealer…………..nil vs…………unch
Asset-Backed.nil vs…………unch
AIG Credit Ext………..25,412 down………..810
TALF……47,186 down………..138
Other Credit Ext…………nil vs…………unch
Float…..-2,088 down………..388
Balances/Adjustments……2,716 up…………..29
Currency.935,425 up………..2,639
Treasury Deposits……..19,091 down……..16,805
Maiden Lane LLC……….27,371 up…………..48
Maiden Lane II………..15,344 down………….8
Maiden Lane III……….22,067 down…………76

One week ended April 7 – daily avgs-mlns
Fed bank credit………..2,289,801 down………602
Treasuries held outright….776,707 up…………16
Agencies held outright……168,988 vs……….unch
Mortgage-Backed secs……1,068,713 up………..104
Repos…………nil vs……….unch
Other Fed assets………….95,267 up………..827
Other Fed liabilities……..65,734 down………214
Other deposits with Fed…….6,568 up………3,488
Foreign deposits…………..3,027 up………..771
Gold stock….11,041 vs……….unch
Custody holdings……….3,024,539 up………4,789

Factors on April 07
Bank borrowings…………..80,317 vs……..80,711
Float………-2,246 vs……..-1,625

Stock Investing

TABLE-U.S. M-2 money supply down March 29 wk