TABLE-U.S. M-2 money supply up $43.9 bln in May 17 wk

NEW YORK, May 27 (BestGrowthStock) – U.S. M-2 money supply rose by
$43.9 billion in the May 17 week to $8,573.2 billion, the
Federal Reserve said on Thursday.

The Fed said the four-week moving average of M-2 was
$8,519.2 billion vs. $8,488.4 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 May 17 (billions dlrs)

Latest Change Prev week Rvsd from
M-1….1,683.8 down…17.2 vs 1,701.0…..1,700.9
M-2….8,573.2 up…..43.9 vs 8,529.3…..8,529.6
M-2 Avg 4 wks (Vs Wk ago)..8,519.2 vs …8,488.4
Monthly aggregates (Adjusted avgs in billions)
M-1 (April vs March)……1,700.6 vs…..1,712.2
M-2 (April vs March)……8,479.9 vs…..8,512.0

Federal Reserve’s H.3 and H.4 report:

Two Weeks Ended May 19 daily avgs-mlns (H.3)
Free Reserves……..rvsd..978,361 vs.rvsd…931,385
Other Borrowings…………76,709 vs………78,089
Seasonal Loans…44 vs………….33
Total Borrowings…………76,709 vs………78,088
Term Auction Credit…………… vs……………
Excess Reserves……….1,055,070 vs……1,009,474
Required Reserves (Adj)…..63,497 vs………65,248
Required Reserves………..62,833 vs………69,638
Total Reserves………..1,117,903 vs……1,079,112
Non-Borrowed Reserves….1,041,194 vs……1,001,025
Monetary Base (Unadj)….2,019,099 vs……1,975,147

One week ended May 26 (H4.1)
Bank Borrowings……….75,218 down………1,013
Primary Credit…………4,315 down………..799
Secondary Credit…………400 vs…………unch
Seasonal Credit…………..48 up……………4
Asset-Backed.nil vs…………unch
AIG Credit Ext………..26,133 down…………43
TALF……44,322 down………..175
Other Credit Ext…………nil vs…………unch
Float…..-1,712 up………….182
Balances/Adjustments……2,643 down…………20
Currency.937,689 up………….115
Treasury Deposits……..26,077 up………..4,918
Maiden Lane LLC……….28,311 up…………..42
Maiden Lane II………..15,856 up…………..14
Maiden Lane III……….23,373 up…………..10

One week ended May 26 – daily avgs-mlns
Fed bank credit………..2,323,752 down……15,319
Treasuries held outright….776,862 up…………43
Agencies held outright……167,377 down………370
Mortgage-Backed secs……1,117,932 down…….3,031
Repos…………nil vs……….unch
Other Fed assets………….93,403 down…….3,266
Other Fed liabilities……..71,701 down…….1,654
Other deposits with Fed………361 down……12,769
Foreign deposits…………..1,442 down………162
Gold stock….11,041 vs……….unch
Custody holdings……….3,066,268 up………9,634

Factors on May 26
Bank borrowings…………..74,937 vs……..75,861
Float………-1,819 vs……..-2,129

Stock Market Investing

TABLE-U.S. M-2 money supply up $43.9 bln in May 17 wk