TABLE-U.S. M-2 money supply up $16.5 bln Dec 13

Dec 23 (BestGrowthStock) – U.S. M-2 money supply rose by $16.5
billion in the December 13 week to $8,829.5 billion, the
Federal Reserve said.

The Fed said the four-week moving average of M-2 was
$8,816.0 billion vs. $8,808.4 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 December 13 (billions dlrs)

Latest Change Prev week Rvsd from
M-1….1,810.3 down….8.6 vs 1,818.9…..1,819.0
M-2….8,829.5 up…..16.5 vs 8,813.0…..8,813.0
M-2 Avg 4 wks (Vs Wk ago)..8,816.0 vs …8,808.4
Monthly aggregates (Adjusted avgs in billions)
M-1 (Nov vs Oct)……….1,832.0 vs…..1,779.6
M-2 (Nov vs Oct)……….8,804.3 vs…..8,767.0

Federal Reserve’s H.3 and H.4 report:

Two Weeks Ended December 15 daily avgs-mlns (H.3)
Free Reserves……..rvsd..979,157 vs.rvsd…932,270
Other Borrowings…………45,691 vs………46,562
Seasonal Loans…28 vs………….25
Total Borrowings…………45,689 vs………46,562
Term Auction Credit…………… vs……………
Excess Reserves……….1,024,848 vs……..978,832
Required Reserves (Adj)…..72,219 vs………66,496
Required Reserves………..68,212 vs………70,476
Total Reserves………..1,093,061 vs……1,049,308
Non-Borrowed Reserves….1,047,372 vs……1,002,747
Monetary Base (Unadj)….2,030,876 vs……1,982,408

One week ended December 22 (H4.1)
Bank Borrowings……….45,571 up………….354
Primary Credit……………28 up……………6
Secondary Credit…………nil vs…………unch
Seasonal Credit…………..28 vs…………unch
Asset-Backed…. …
AIG Credit Ext………..20,625 up………….545
TALF……24,890 down………..197
Other Credit Ext…………nil vs…………unch
Float…..-1,594 up………….140
Balances/Adjustments……2,359 down………….2
Currency.980,488 up………..2,065
Treasury Deposits……..91,479 up……….61,386
Maiden Lane LLC……….26,916 down………..509
Maiden Lane II………..16,145 up…………..22
Maiden Lane III……….23,122 up…………..23

One week ended December 22 – daily avgs-mlns
Fed bank credit………..2,388,496 up……..14,166
Treasuries held outright….986,545 up……..25,749
Agencies held outright……147,521 down………615
Mortgage-Backed secs……1,008,654 down……12,027
Repos…………nil vs……….unch
Other Fed assets…………108,831 up………1,008
Other Fed liabilities……..73,172 down………672
Other deposits with Fed………395 down……10,025
Foreign deposits…………..4,209 up………1,113
Gold stock….11,041 vs……….unch
Custody holdings……….3,351,066 up……..14,023

Factors on December 22
Bank borrowings…………..45,102 vs……..45,752
Float………-1,719 vs……..-2,044

TABLE-U.S. M-2 money supply up $16.5 bln Dec 13