TABLE-U.S. M-2 money supply up $11.9 bln June 28 wk

NEW YORK, July 8 (BestGrowthStock) – U.S. M-2 money supply rose by
$11.9 billion in the June 28 week to $8,623.9 billion, the
Federal Reserve said on Thursday.

The Fed said the four-week moving average of M-2 was
$8,611.0 billion vs. $8,608.8 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 June 28 (billions dlrs)

Latest Change Prev week Rvsd from
M-1….1,745.5 up…..20.0 vs 1,725.5…..1,721.8
M-2….8,623.9 up…..11.9 vs 8,612.0…..8,588.3
M-2 Avg 4 wks (Vs Wk ago)..8,611.0 vs …8,608.8
Monthly aggregates (Adjusted avgs in billions)
M-1 (May vs April)……..1,706.7 vs…..1,701.7
M-2 (May vs April)……..8,580.2 vs…..8,498.2

Federal Reserve’s H.3 and H.4 report:

Two Weeks Ended June 30 daily avgs-mlns (H.3)
Free Reserves……..rvsd..958,423 vs.rvsd…970,543
Other Borrowings…………68,639 vs………70,670
Seasonal Loans…71 vs………….50
Total Borrowings…………68,636 vs………70,668
Term Auction Credit…………..0 vs…………..0
Excess Reserves……….1,027,062 vs……1,041,213
Required Reserves (Adj)…..64,504 vs………63,624
Required Reserves………..67,141 vs………60,414
Total Reserves………..1,091,566 vs……1,104,837
Non-Borrowed Reserves….1,022,930 vs……1,034,169
Monetary Base (Unadj)….1,991,613 vs……2,004,775

One week ended July 7 (H4.1)
Bank Borrowings……….67,033 down………..816
Primary Credit……………41 down………..121
Secondary Credit…………..1 down…………78
Seasonal Credit…………..69 down………….1
Asset-Backed.nil vs…………unch
AIG Credit Ext………..24,570 down………..287
TALF……42,352 down………..329
Other Credit Ext…………nil vs…………unch
Float…..-1,974 down………..310
Balances/Adjustments……2,472 down………….3
Currency.947,799 up………..6,426
Treasury Deposits……..25,984 down……..14,128
Maiden Lane LLC……….28,502 up…………..73
Maiden Lane II………..15,732 up…………..19
Maiden Lane III……….23,168 down…………32

One week ended July 7 – daily avgs-mlns
Fed bank credit………..2,314,607 down…….1,655
Treasuries held outright….776,994 up…………12
Agencies held outright……164,762 down………487
Mortgage-Backed secs……1,118,272 down………999
Repos…………nil vs……….unch
Other Fed assets………….94,634 up………..612
Other Fed liabilities……..72,118 down………238
Other deposits with Fed…….9,442 up………1,444
Foreign deposits…………..1,618 down………171
Gold stock….11,041 vs……….unch
Custody holdings……….3,100,496 up………2,796

Factors on July 7
Bank borrowings…………..66,925 vs……..67,825
Float………-2,759 vs……..-1,948

TABLE-U.S. M-2 money supply up $11.9 bln June 28 wk