NEW YORK, Nov 6 (Reuters) - U.S. M-2 money supply fell by
$48.2 billion in the Oct. 27 week to $7,877.2 billion, the
Federal Reserve said on Thursday.
The Fed said the four-week moving average of M-2 was
$7,874.5 billion vs. $7,870.2 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 Oct.27 (billions dlrs)
Latest Change Prev week Rvsd from
M-1....1,487.9 up.....32.7 vs 1,455.2.....1,455.1
M-2....7,877.2 down...48.2 vs 7,925.4.....7,925.2
M-2 Avg 4 wks (Vs Wk ago)..7,874.5 vs ...7,870.2
Monthly aggregates (Adjusted avgs in billions)
M-1 (Sept vs Aug).........1,453.9 vs.....1,394.0
M-2 (Sept vs Aug).........7,769.0 vs.....7,669.9
Federal Reserve's H.3 and H.4 report:
Two Weeks Ended Nov. 5 daily avgs-mlns (H.3)
Free Reserves..............-10,296 vs.rvsd..-146,340
Other Borrowings...........373,911* vs........428,056*
Seasonal Loans...14 vs.............22
Total Borrowings...........675,272 vs........691,147
Term Auction Credit........301,363 vs........263,092
Excess Reserves............363,615 vs........281,716
Required Reserves (Adj).....52,272 vs.........46,867
Required Reserves...........52,067 vs.........45,888
Total Reserves.............415,682 vs........327,605
Non-Borrowed Reserves.....-259,590 vs.......-363,542
Monetary Base (Unadj)....1,239,747 vs......1,146,416
* Includes Primary, Secondary and Seasonal loans, Primary
Dealer Credit Facility, asset-backed commercial paper money
market mutual fund liquidity and other credit facility
extensions amounts, not Term Auction Credit.
One week ended Nov. 5 daily avgs-mlns
Bank Borrowings.........359,010**down........29,798**
Primary Credit..........109,994 down.........1,952
Secondary Credit............nil down.............1
Seasonal Credit..............10 down.............7
Primary Dealer...........77,020 down........10,373
Asset-Backed.............91,729 down.........8,173
Other Credit Ext.........80,257 down.........9,292
Float.....-1,326 down............86
Balances/Adjustments......6,000 up...............2
Currency.860,823 up...........3,375
Treasury Deposits........31,800 down........68,936
CPFF Net Hldgs..........226,088 up.........185,189
Maiden Lane LLC..........26,850 up..............41
**Includes Primary Dealer Credit Facility and other credit
facility extensions amounts.
One week ended November 05 - daily avgs-mlns
Fed bank credit...........2,055,846 up.......182,898
Treasuries held outright....476,462 down..........23
Agencies held outright.......13,565 down.........332
Repos.........80,000 vs..........unch
Other Fed assets............573,915 up........27,909
Other Fed liabilities........44,722 up...........276
Other deposits with Fed......16,311 up........14,517
Foreign deposits.208 up............34
Gold stock....11,041 vs..........unch
Custody holdings..........2,494,267 up.........8,075
Factors on November 05
Bank borrowings.............346,530 vs.......369,764
Float.........-1,559 vs........-1,234