TABLE-U.S. M-2 money supply up $10.3 bln Feb 22 wk

March 4 (BestGrowthStock) – U.S. M-2 money supply rose by $10.3
billion in the February 22 week to $8,537.6 billion, the
Federal Reserve said.

The Fed said the four-week moving average of M-2 was
$8,505.5 billion vs. $8,487.3 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 February 22 (billions dlrs)

Latest Change Prev week Rvsd from
M-1….1,718.5 up……2.9 vs 1,715.6…..1,715.6
M-2….8,537.6 up…..10.3 vs 8,527.3…..8,526.9
M-2 Avg 4 wks (Vs Wk ago)..8,505.5 vs …8,487.3
Monthly aggregates (Adjusted avgs in billions)
M-1 (201 vs Dec)……….1,676.3 vs…..1,693.3
M-2 (201 vs Dec)……….8,463.3 vs…..8,524.4

Federal Reserve’s H.3 and H.4 report:

Two Weeks Ended February 24 daily avgs-mlns (H.3)
Free Reserves……rvsd..1,104,806 vs.rvsd.1,031,084
Other Borrowings…………87,470 vs………88,342
Seasonal Loans….. vs…………..1
Total Borrowings………..102,895 vs……..126,874
Term Auction Credit………15,426 vs………38,531
Excess Reserves……….1,192,276 vs……1,119,426
Required Reserves (Adj)…..61,417 vs………62,922
Required Reserves………..61,988 vs………65,307
Total Reserves………..1,254,264 vs……1,184,733
Non-Borrowed Reserves….1,151,370 vs……1,057,859
Monetary Base (Unadj)….2,147,660 vs……2,065,825

One week ended March 3 (H4.1)
Bank Borrowings……….86,549 down………..658
Primary Credit………..13,773 down………..187
Secondary Credit…………800 down…………14
Seasonal Credit……………4 up……………4
Primary Dealer…………..nil vs…………unch
Asset-Backed.nil vs…………unch
AIG Credit Ext………..25,210 down………..263
TALF……46,762 down………..198
Other Credit Ext…………nil vs…………unch
Float…..-1,840 down………..126
Balances/Adjustments……2,741 down………….5
Currency.931,927 up………….238
Treasury Deposits……..38,894 up………..6,003
Maiden Lane LLC……….27,235 up…………..24
Maiden Lane II………..15,552 up…………..64
Maiden Lane III……….22,407 up…………..14

One week ended March 3 – daily avgs-mlns
Fed bank credit………..2,262,718 down…….6,710
Treasuries held outright….776,542 down……….15
Agencies held outright……167,511 up………1,519
Mortgage-Backed secs……1,026,789 down…….5,946
Repos…………nil vs……….unch
Other Fed assets………….93,328 down…….1,625
Other Fed liabilities……..66,374 down…….2,011
Other deposits with Fed………399 down………265
Foreign deposits…………..2,937 down…….1,055
Gold stock….11,041 vs……….unch
Custody holdings……….2,968,916 up………4,350

Factors on March 3
Bank borrowings…………..85,998 vs……..86,026
Float………-2,388 vs……..-1,724

TABLE-U.S. M-2 money supply up $10.3 bln Feb 22 wk