UPDATE 1-TABLE-U.S. M-2 money supply down Mar 22 wk

(Adds details of the H.3 and H.4.1 reports.)

NEW YORK, April 1 (BestGrowthStock) – U.S. M-2 money supply fell by
$10.0 billion in the March 22 week to $8,480.1 billion, the
Federal Reserve said Thursday.

The Fed said the four-week moving average of M-2 was
$8,502.5 billion vs. $8,517.0 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 22 (billions dlrs)

Latest Change Prev week Rvsd from
M-1….1,716.1 up……7.9 vs 1,708.2…..1,708.1
M-2….8,480.1 down…10.0 vs 8,490.1…..8,490.0
M-2 Avg 4 wks (Vs Wk ago)..8,502.5 vs …8,517.0
Monthly aggregates (Adjusted avgs in billions)
M-1 (Feb vs Jan)……….1,710.3 vs…..1,676.4
M-2 (Feb vs Jan)……….8,518.6 vs…..8,463.5

Federal Reserve’s H.3 and H.4 report:

Two Weeks Ended March 24 daily avgs-mlns (H.3)
Free Reserves……rvsd..1,018,718 vs.rvsd.1,077,302
Other Borrowings…………84,917 vs………85,852
Seasonal Loans….8 vs…………..7
Total Borrowings…………88,326 vs……..101,275
Term Auction Credit……….3,410 vs………15,425
Excess Reserves……….1,103,635 vs……1,163,154
Required Reserves (Adj)…..66,269 vs………64,519
Required Reserves………..63,858 vs………63,199
Total Reserves………..1,167,493 vs……1,226,353
Non-Borrowed Reserves….1,079,168 vs……1,125,079
Monetary Base (Unadj)….2,062,910 vs……2,120,589

One week ended March 31 (H4.1*)
Bank Borrowings……….81,814 down………2,697
Primary Credit…………7,664 down………3,086
Secondary Credit…………600 vs…………unch
Seasonal Credit……………4 down………….2
Primary Dealer…………..nil vs…………unch
Asset-Backed.nil vs…………unch
AIG Credit Ext………..26,222 up………..1,039*
TALF……47,324 down………..648
Other Credit Ext…………nil vs…………unch
Float…..-1,700 down…………80
Balances/Adjustments……2,687 down………….6
Currency.932,786 up…………..92
Treasury Deposits……..35,896 down……..31,707
Maiden Lane LLC……….27,323 up…………..32
Maiden Lane II………..15,352 up…………..13
Maiden Lane III……….22,143 up……………7

One week ended March 31 – daily avgs-mlns
Fed bank credit………..2,290,403 down…….7,424
Treasuries held outright….776,691 up…………38
Agencies held outright……168,988 up………1,500
Mortgage-Backed secs……1,068,609 down…….4,910
Repos…………nil vs……….unch
Other Fed assets………….94,440 down…….1,389
Other Fed liabilities……..65,948 down…….1,120
Other deposits with Fed…….3,080 up………2,692
Foreign deposits…………..2,256 down………161
Gold stock….11,041 vs……….unch
Custody holdings……….3,019,750 up………7,238

Factors on March 31
Bank borrowings…………..80,711 vs……..82,249
Float………-1,625 vs……..-1,960
*H.4.1 has been modified to reflect a revision to loan
restructuring adjustments associated with AIG revolving credit,
and fair value adjustment associated with TALF.

Stocks

UPDATE 1-TABLE-U.S. M-2 money supply down Mar 22 wk