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H.

6 November 10, 2005

SPECIAL NOTICE

On March 23, 2006, the Board of Governors of the Federal Reserve System will cease
the publication of the M3
monetary aggregate. It will also cease publishing the following components:
large-denomination time
deposits, RPs, and eurodollars. The Board will continue to publish institutional
money market mutual funds as
a memorandum item on this release.

Measures of large-denomination time deposits will continue to be published by the
Board in the Flow of Funds
Accounts (Z.1 release) on a quarterly basis and in the H.8 release on a weekly
basis (for commercial banks).

FEDERAL RESERVE STATISTICAL RELEASE

H.6 (508)
Table 1 These data are scheduled for release each Thursday at
4:30 p.m.
November 10,
2005
MONEY STOCK MEASURES
Billions of dollars
---------------------------------------------------------------------------------
-------
Date M11 M22 M33
---------------------------------------------------------------------------------
-------
Seasonally adjusted
---------------------------------------------------------------------------------
-------
2003-Nov. 1297.8 6081.6
8885.0
Dec. 1305.1 6085.2
8885.3

2004-Jan. 1303.4 6098.7
8942.5
Feb. 1321.8 6139.0
9006.6
Mar. 1334.5 6178.0
9081.9
Apr. 1334.3 6215.2
9144.3
May 1338.6 6273.2
9233.2
June 1345.0 6284.1
9270.8
July 1337.4 6285.7
9273.2
Aug. 1355.0 6306.5
9308.5
Sep. 1359.1 6341.2
9358.8
Oct. 1360.2 6369.3
9369.9
Nov. 1375.8 6406.5
9401.4
Dec. 1373.5 6430.7
9450.5

2005-Jan. 1364.3 6449.1
9502.9
Feb. 1371.6 6464.3
9539.0
Mar. 1378.5 6484.5
9568.9
Apr. 1361.0 6481.5
9620.7
May 1373.4 6482.8
9662.8
June 1374.4 6515.6
9748.2
July 1354.3 6525.1
9776.7
Aug. 1371.0 6554.4
9878.7
Sep. 1363.4 6587.9
9976.2
Oct. p 1367.6 6626.7
10057.5
---------------------------------------------------------------------------------
-------
Not seasonally adjusted
---------------------------------------------------------------------------------
-------
2003-Nov. 1293.5 6095.7
8895.6
Dec. 1332.2 6112.0
8929.7

2004-Jan. 1302.5 6070.6
8933.1
Feb. 1306.7 6101.2
8996.4
Mar. 1337.9 6180.7
9110.7
Apr. 1345.3 6252.2
9180.9
May 1333.7 6263.3
9238.8
June 1348.5 6287.6
9283.3
July 1338.8 6292.7
9258.9
Aug. 1352.5 6312.6
9301.8
Sep. 1349.8 6344.5
9335.7
Oct. 1351.3 6363.2
9330.3
Nov. 1370.9 6412.5
9396.4
Dec. 1401.4 6454.5
9481.5

2005-Jan. 1362.7 6413.8
9480.6
Feb. 1355.4 6415.2
9514.3
Mar. 1382.4 6479.6
9588.5
Apr. 1371.8 6526.8
9669.5
May 1369.0 6471.9
9674.4
June 1377.7 6522.7
9764.3
July 1357.0 6541.8
9774.7
Aug. 1368.3 6563.0
9876.1
Sep. 1354.4 6593.7
9956.7
Oct. p 1357.8 6618.7
10017.7
--------------------------------------------------------------------------------
-------
Footnotes appear on the following page

p -- indicates preliminary data
1

H.6 (508)
Table 2
MONEY STOCK MEASURES
Percent change at seasonally adjusted annual rates
---------------------------------------------------------------------------------
------------------------
M1 M2
M3
---------------------------------------------------------------------------------
------------------------
3 Months from July 2005 TO Oct. 2005 3.9
6.2 11.5
6 Months from Apr. 2005 TO Oct. 2005 1.0
4.5 9.1
12 Months from Oct. 2004 TO Oct. 2005 0.5
4.0 7.3
Thirteen weeks ending

October 31, 2005
from thirteen weeks ending:

Aug. 1, 2005 (13 weeks previous) 0.1
5.0 9.9
May 2, 2005 (26 weeks previous) -0.3
3.5 8.2
Nov. 1, 2004 (52 weeks previous) 0.7
3.9 6.7
---------------------------------------------------------------------------------
------------------------

Footnotes to Table 1:
1. M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks,
and the vaults of depository institutions;
(2) travelers checks of nonbank issuers; (3) demand deposits at commercial
banks (excluding those amounts held by depository
institutions, the U.S. government, and foreign banks and official
institutions) less cash items in the process of collection
and Federal Reserve float; and (4) other checkable deposits (OCDs), consisting
of negotiable order of withdrawal (NOW)
and automatic transfer service (ATS) accounts at depository institutions,
credit union share draft accounts, and demand deposits
at thrift institutions. Seasonally adjusted M1 is constructed by summing
currency, travelers checks, demand deposits, and
OCDs, each seasonally adjusted separately.

2. M2 consists of M1 plus (1) savings deposits (including money market deposit
accounts); (2) small-denomination time deposits (time
deposits in amounts of less than $100,000), less individual retirement account
(IRA) and Keogh balances at depository
institutions; and (3) balances in retail money market mutual funds, less IRA
and Keogh balances at money market mutual funds.
Seasonally adjusted M2 is constructed by summing savings deposits, small-
denomination time deposits, and retail money funds,
each seasonally adjusted separately, and adding this result to seasonally
adjusted M1.

3. M3 consists of M2 plus (1) balances in institutional money market mutual
funds; (2) large-denomination time deposits (time deposits
in amounts of $100,000 or more); (3) repurchase agreement (RP) liabilities of
depository institutions, in denominations of $100,000
or more, on U.S. government and federal agency securities; and (4) Eurodollars
held by U.S. addressees at foreign branches of U.S.
banks worldwide and at all banking offices in the United Kingdom and Canada.
Large-denomination time deposits, RPs, and
Eurodollars exclude those amounts held by depository institutions, the U.S.
government, foreign banks and official institutions,
and money market mutual funds. Seasonally adjusted M3 is constructed by
summing institutional money funds, large-denomination
time deposits, RPs, and Eurodollars, each adjusted separately, and adding this
result to seasonally adjusted M2.
Note: Current and historical H.6 data are available each week on the Federal
Reserve Board's web site (http://www.federalreserve.gov/).
Monthly data are available back to January 1959, and weekly data are available
back to January 1975 for most series. For information
about individual copies or subscriptions, contact Publication Services at the
Federal Reserve Board (phone 202-452-3245, fax
202-728-5886). For paid electronic access to current and historical data, call
STAT-USA at 1-800-782-8872 or 202-482-1986.
1

H.6 (508)
Table 3
MONEY STOCK MEASURES
Billions of Dollars
---------------------------------------------------------------------------------
-------------------------------------------------------------------
M1 M2
M3
---------------------------------------------------------------------------------
-------------------------------------------------------------------
Period Ending 13-week average 4-week average week average 13-week average 4-
week average week average 13-week average 4-week average week average
---------------------------------------------------------------------------------
-------------------------------------------------------------------
Seasonally adjusted
---------------------------------------------------------------------------------
-------------------------------------------------------------------
2005-Aug. 8 1365.4 1354.2 1349.0 6512.7
6537.4 6536.6 9744.7 9799.4 9813.9
15 1365.6 1357.9 1357.1 6517.9
6539.3 6540.4 9760.7 9816.1 9848.5
22 1366.1 1361.7 1383.3 6524.1
6547.2 6564.8 9779.4 9844.5 9909.1
29 1365.4 1369.6 1388.9 6529.8
6549.8 6557.3 9796.7 9872.7 9919.3

Sep. 5 1365.3 1373.5 1364.7 6534.7
6557.9 6569.2 9815.0 9907.5 9953.1
12 1364.5 1369.2 1340.0 6540.5
6563.8 6564.0 9832.0 9933.1 9950.7
19 1362.9 1363.0 1358.3 6546.5
6572.6 6599.8 9850.0 9948.9 9972.4
26 1361.9 1359.2 1373.8 6552.2
6582.9 6598.5 9866.8 9967.5 9993.7

Oct. 3 1363.2 1367.2 1396.8 6559.5
6596.2 6622.5 9886.6 9986.9 10030.7
10 1364.3 1371.4 1356.7 6567.4
6607.9 6610.8 9907.9 10006.0 10027.2
17 1364.8 1368.7 1347.6 6575.4
6616.8 6635.5 9929.9 10029.9 10067.8
24p 1365.4 1369.3 1376.1 6583.2
6626.0 6635.3 9951.5 10050.6 10076.8
31p 1367.4 1366.0 1383.4 6589.7
6628.4 6631.9 9972.2 10061.8 10075.4

---------------------------------------------------------------------------------
-------------------------------------------------------------------
Not seasonally adjusted
---------------------------------------------------------------------------------
-------------------------------------------------------------------
2005-Aug. 8 1366.6 1356.9 1321.3 6520.8
6543.3 6580.9 9754.8 9794.7 9853.9
15 1366.4 1357.4 1339.1 6527.7
6551.4 6578.9 9769.4 9819.4 9873.0
22 1366.8 1357.3 1382.8 6536.0
6564.3 6559.2 9786.7 9849.9 9884.0
29 1366.7 1365.6 1419.1 6542.1
6562.0 6528.9 9802.4 9874.3 9886.1

Sep. 5 1367.2 1373.9 1354.4 6547.8
6568.7 6607.7 9818.1 9902.9 9968.3
12 1365.2 1365.8 1306.8 6553.9
6578.1 6616.6 9832.5 9931.5 9987.5
19 1362.5 1356.8 1346.7 6559.3
6590.3 6607.9 9847.5 9949.5 9956.1
26 1360.1 1350.0 1391.9 6563.7
6595.3 6548.9 9860.6 9957.3 9917.3

Oct. 3 1360.8 1362.6 1404.9 6567.3
6592.9 6598.2 9875.7 9955.9 9962.7
10 1360.6 1364.6 1315.0 6572.7
6595.2 6625.7 9894.1 9961.5 10009.9
17 1359.6 1358.8 1323.5 6580.8
6606.1 6651.7 9915.4 9985.2 10051.0
24p 1359.1 1354.9 1376.3 6587.7
6618.3 6597.5 9934.6 10008.7 10011.1
31p 1360.6 1355.2 1405.8 6591.8
6616.6 6591.5 9951.3 10019.5 10006.0

---------------------------------------------------------------------------------
-------------------------------------------------------------------
Note: Special caution should be taken in interpreting week-to-week changes in
money supply data, which are highly volatile and subject to revision.
p -- indicates preliminary data.
1
H.6 (508)
Table 4
SEASONALLY ADJUSTED COMPONENTS OF M1
Billions of dollars
---------------------------------------------------------------------------------
---------------------------------------------------------

Other Checkable Deposits

------------------------------------------------------
Date Currency1 Travelers checks2 Demand Deposits3
At comm. banks4 At thrift inst.5 Total
---------------------------------------------------------------------------------
---------------------------------------------------------
2004-June 678.1 7.7 334.1
186.4 138.7 325.1

July 684.3 7.6 320.3
185.0 140.2 325.2
Aug. 686.3 7.6 334.1
188.2 138.9 327.1
Sep. 689.6 7.6 337.2
186.9 137.9 324.7

Oct. 692.2 7.6 333.9
187.1 139.3 326.4
Nov. 696.9 7.6 341.0
189.5 140.8 330.3
Dec. 696.9 7.6 340.7
187.6 140.7 328.3

2005-Jan. 699.6 7.5 332.3
183.8 141.1 324.9
Feb. 701.6 7.5 341.0
181.7 139.9 321.6
Mar. 703.9 7.5 344.7
183.1 139.4 322.5

Apr. 704.3 7.5 325.8
183.4 139.9 323.4
May 706.0 7.5 334.7
186.6 138.6 325.3
June 708.9 7.3 339.2
182.2 136.7 318.9

July 709.3 7.3 321.2
180.1 136.4 316.5
Aug. 712.4 7.4 331.8
183.4 136.0 319.4
Sep. 715.4 7.4 322.4
181.0 137.3 318.3

Oct. p 716.2 7.3 326.7
179.5 138.0 317.5

Week Ending:

2005-Sep. 5 712.9 7.4 323.9
180.8 139.8 320.5
12 715.1 7.4 300.0
179.9 137.7 317.5
19 715.2 7.4 318.1
181.0 136.7 317.7
26 716.4 7.3 332.7
181.1 136.2 317.3

Oct. 3 716.4 7.3 349.4
185.8 137.9 323.7
10 715.8 7.3 315.7
178.5 139.5 318.0
17 715.7 7.3 311.4
176.3 136.9 313.3
24p 716.6 7.3 337.9
177.4 136.9 314.3
31p 716.9 7.3 336.9
183.5 138.8 322.3

---------------------------------------------------------------------------------
---------------------------------------------------------
1. Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of
depository institutions.
2. Outstanding amount of U.S. dollar-denominated travelers checks of nonbank
issuers. Travelers checks issued by depository institutions
are included in demand deposits.
3. Demand deposits at domestically chartered commercial banks, U.S. branches and
agencies of foreign banks, and Edge Act corporations
(excluding those amounts held by depository institutions, the U.S. government,
and foreign banks and official institutions) less cash
items in the process of collection and Federal Reserve float.
4. NOW and ATS balances at domestically chartered commercial banks, U.S. branches
and agencies of foreign banks, and Edge Act corporations.
5. NOW and ATS balances at thrift institutions, credit union share draft
balances, and demand deposits at thrift institutions.

e -- indicates estimated data. p -- indicates preliminary data.
1
H.6 (508)
Table 5
SEASONALLY ADJUSTED COMPONENTS OF NON-M1 M2
Billions of dollars
---------------------------------------------------------------------------------
----------------------------------------------------------
Savings Deposits1 Small-
denomination time deposit2
-----------------------------------------
---------------------------------------- Retail

Date At comm. At thrift Total At comm.
At thrift Total money Total
banks insts. banks
insts. funds3 Non-M1 M2
---------------------------------------------------------------------------------
----------------------------------------------------------
2004-June 2516.4 877.1 3393.6 527.3
266.7 794.0 751.5 4939.1

July 2532.3 881.1 3413.4 527.9
267.0 794.8 740.0 4948.2
Aug. 2535.6 884.7 3420.3 530.8
267.7 798.5 732.6 4951.4
Sep. 2560.2 893.0 3453.2 534.0
267.8 801.8 727.1 4982.1

Oct. 2593.1 889.8 3482.9 536.9
269.2 806.1 720.1 5009.1
Nov. 2617.3 888.7 3506.0 540.5
269.5 810.0 714.8 5030.7
Dec. 2638.4 890.9 3529.3 544.1
271.2 815.3 712.6 5057.2

2005-Jan. 2652.6 893.6 3546.1 551.4
275.9 827.3 711.5 5084.9
Feb. 2659.8 887.1 3546.9 559.0
280.6 839.6 706.3 5092.7
Mar. 2668.8 880.8 3549.6 569.8
283.7 853.5 702.8 5106.0

Apr. 2675.4 869.4 3544.8 578.8
289.9 868.8 707.0 5120.5
May 2650.5 867.4 3517.9 590.5
296.1 886.5 704.9 5109.3
June 2670.2 866.7 3536.9 601.3
301.2 902.5 701.9 5141.2
July 2691.9 860.8 3552.7 610.4
305.7 916.1 702.0 5170.8
Aug. 2693.4 861.6 3555.0 617.7
312.2 929.9 698.4 5183.4
Sep. 2720.1 856.5 3576.6 624.6
317.5 942.0 705.9 5224.5

Oct. p 2737.8 855.7 3593.5 621.2
329.3 950.4 715.1 5259.1

Week ending:

2005-Sep. 5 2712.4 854.3 3566.8 621.9
314.9 936.8 700.9 5204.5
12 2729.1 851.3 3580.4 623.4
316.4 939.8 703.9 5224.1
19 2735.9 856.4 3592.3 625.1
317.7 942.8 706.3 5241.5
26 2709.1 862.5 3571.6 626.2
318.8 944.9 708.3 5224.8

Oct. 3 2709.1 859.4 3568.5 623.2
323.2 946.4 710.8 5225.7
10 2742.5 854.0 3596.5 619.6
328.1 947.7 709.8 5254.0
17 2768.1 857.9 3626.0 620.3
329.1 949.4 712.5 5287.9
24p 2732.7 855.8 3588.5 621.5
330.6 952.1 718.6 5259.2
31p 2715.9 857.1 3573.0 622.2
332.0 954.3 721.2 5248.5

---------------------------------------------------------------------------------
----------------------------------------------------------
1. Savings deposits include money market deposit accounts.
2. Small-denomination time deposits are those issued in amounts of less than
$100,000. All IRA and Keogh account balances at commercial
banks and thrift institutions are subtracted from small time deposits.
3. IRA and Keogh account balances at money market mutual funds are subtracted
from retail money funds.

p -- indicates preliminary data.
1
H.6 (508)
Table 6
SEASONALLY ADJUSTED COMPONENTS OF NON-M2 M3
Billions of dollars
---------------------------------------------------------------------------------
--------------------------------------------------------
Large-denomination time deposits1
Institutional
--------------------------------------------
Date money At commercial At thrift
Total
funds banks2 institutions
Total RPs3 Eurodollars4 Non-M2 M3
---------------------------------------------------------------------------------
---------------------------------------------------------
2004-June 1126.3 863.2 133.1
996.3 536.5 327.7 2986.7

July 1112.0 878.8 137.6
1016.3 523.5 335.7 2987.5
Aug. 1108.5 883.6 143.5
1027.1 522.7 343.6 3002.0
Sep. 1104.4 886.6 148.0
1034.7 524.6 354.0 3017.6

Oct. 1081.0 891.3 151.5
1042.8 508.6 368.3 3000.7
Nov. 1072.4 892.3 155.2
1047.6 502.5 372.3 2994.8
Dec. 1072.7 907.1 160.0
1067.1 497.3 382.6 3019.8

2005-Jan. 1061.2 958.6 166.9
1125.5 470.6 396.4 3053.7
Feb. 1044.0 971.9 173.5
1145.4 489.6 395.7 3074.7
Mar. 1040.3 976.8 179.3
1156.1 484.6 403.4 3084.4

Apr. 1055.2 1012.1 188.7
1200.8 474.8 408.5 3139.2
May 1052.4 1012.8 191.4
1204.2 504.4 419.0 3180.0
June 1069.2 1036.3 197.9
1234.2 499.3 429.8 3232.6

July 1078.4 1025.4 202.3
1227.7 507.7 437.8 3251.6
Aug. 1093.0 1066.6 208.9
1275.6 517.6 438.2 3324.4
Sep. 1119.4 1092.6 215.5
1308.1 526.9 433.9 3388.3

Oct. p 1126.1 1114.7 223.7
1338.4 537.4 429.0 3430.9

Week ending:

2005-Sep. 5 1108.8 1096.6 212.7
1309.3 531.1 434.7 3383.9

12 1117.9 1092.3 213.8
1306.1 526.3 436.4 3386.7
19 1125.6 1080.4 215.4
1295.9 518.2 433.0 3372.6
26 1121.0 1094.3 217.6
1311.9 528.8 433.4 3395.1

Oct. 3 1121.6 1101.4 219.3
1320.6 534.9 431.1 3408.2
10 1117.4 1116.4 221.0
1337.4 533.4 428.2 3416.4
17 1129.2 1115.2 222.1
1337.3 535.8 430.0 3432.3
24p 1129.3 1116.6 225.8
1342.4 544.5 425.3 3441.5
31p 1130.2 1117.0 227.7
1344.7 536.8 431.8 3443.5

---------------------------------------------------------------------------------
---------------------------------------------------------
1. Large-denomination time deposits are those issued in amounts of $100,000 or
more, excluding those booked at international banking facilities.
2. Large-denomination time deposits at domestically chartered commercial banks,
U.S. branches and agencies of foreign banks, and Edge Act
corporations, excluding those amounts held by depository institutions, the
U.S. government, foreign banks and official institutions, and
money market mutual funds.
3. RP liabilities of depository institutions, in denominations of $100,000 or
more, on U.S. government and federal agency securities, excluding
those amounts held by depository institutions, the U.S. government, foreign
banks and official institutions, and money market mutual funds.
4. Eurodollars held by U.S. addressees at foreign branches of U.S. banks
worldwide and at all banking offices in the United Kingdom and Canada,
excluding those amounts held by depository institutions, the U.S. government,
foreign banks and official institutions, and money market
mutual funds.
p -- indicates preliminary data e -- indicates estimated data
1

H.6 (508)
Table 7
NOT SEASONALLY ADJUSTED COMPONENTS OF M1
Billions of dollars
---------------------------------------------------------------------------------
---------------------------------------------------------

Other Checkable Deposits

------------------------------------------------------
Date Currency1 Travelers checks2 Demand Deposits3
At comm. banks4 At thrift inst.5 Total
---------------------------------------------------------------------------------
---------------------------------------------------------
2004-June 678.1 7.8 334.6
186.6 141.5 328.1

July 685.7 7.8 320.9
182.8 141.5 324.4
Aug. 686.0 7.7 332.2
185.4 141.0 326.5
Sep. 687.9 7.6 333.7
183.1 137.4 320.5

Oct. 691.7 7.5 330.5
183.7 137.8 321.5
Nov. 697.4 7.5 340.6
185.4 139.9 325.3
Dec. 702.4 7.5 358.8
191.7 141.0 332.7

2005-Jan. 697.3 7.5 331.9
190.0 136.0 326.0
Feb. 700.7 7.5 331.1
181.1 135.2 316.3
Mar. 702.7 7.4 345.4
186.7 140.1 326.8

Apr. 704.0 7.4 328.7
188.1 143.6 331.7
May 705.3 7.4 331.5
184.1 140.7 324.8
June 708.5 7.4 340.0
182.7 139.1 321.8
July 711.4 7.5 322.2
177.9 138.1 315.9
Aug. 712.1 7.5 329.7
181.0 137.9 319.0
Sep. 713.9 7.4 319.1
177.5 136.6 314.0

Oct. p 715.3 7.2 322.6
176.0 136.7 312.6

Week Ending:

2005-Sep. 5 714.4 7.4 312.6
179.0 141.0 320.0
12 714.2 7.4 278.9
172.0 134.3 306.3
19 713.2 7.4 315.8
176.3 134.0 310.3
26 713.3 7.3 353.5
181.3 136.4 317.7

Oct. 3 714.0 7.3 356.8
183.8 143.0 326.8
10 717.8 7.3 285.7
169.0 135.2 304.2
17 715.0 7.3 298.4
170.2 132.6 302.8
24p 714.5 7.2 342.4
176.8 135.4 312.2
31p 713.6 7.2 358.3
186.1 140.6 326.7

---------------------------------------------------------------------------------
---------------------------------------------------------
1. Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of
depository institutions.
2. Outstanding amount of U.S. dollar-denominated travelers checks of nonbank
issuers. Travelers checks issued by depository institutions are
included in demand deposits.
3. Demand deposits at domestically chartered commercial banks, U.S. branches and
agencies of foreign banks, and Edge Act corporations
(excluding those amounts held by depository institutions, the U.S. government,
and foreign banks and official institutions) less cash
items in the process of collection and Federal Reserve float.
4. NOW and ATS balances at domestically chartered commercial banks, U.S. branches
and agencies of foreign banks, and Edge Act corporations.
5. NOW and ATS balances at thrift institutions, credit union share draft
balances, and demand deposits at thrift institutions.

e -- indicates estimated data. p -- indicates preliminary data.
1

H.6 (508)
Table 8
NOT SEASONALLY ADJUSTED COMPONENTS OF NON-M1 M2
Billions of dollars
---------------------------------------------------------------------------------
----------------------------------------------------------
Savings Deposits1 Small-
denomination time deposit2
-----------------------------------------
---------------------------------------- Retail

Date At comm. At thrift Total At comm.
At thrift Total money Total
banks insts. banks
insts. funds3 Non-M1 M2
---------------------------------------------------------------------------------
----------------------------------------------------------
2004-June 2522.2 879.1 3401.3 526.4
266.2 792.6 745.3 4939.1

July 2540.8 884.0 3424.8 527.1
266.5 793.6 735.5 4953.9
Aug. 2541.6 886.8 3428.4 530.1
267.4 797.5 734.2 4960.1
Sep. 2570.9 896.7 3467.6 533.6
267.7 801.3 725.9 4994.8

Oct. 2597.9 891.5 3489.3 536.8
269.2 806.0 716.5 5011.9
Nov. 2625.9 891.6 3517.6 541.0
269.7 810.7 713.3 5041.6
Dec. 2632.8 889.0 3521.9 544.6
271.4 816.0 715.2 5053.1

2005-Jan. 2624.4 884.1 3508.5 552.0
276.2 828.2 714.3 5051.1
Feb. 2631.1 877.5 3508.6 559.7
280.9 840.6 710.6 5059.8
Mar. 2656.0 876.6 3532.6 570.5
284.1 854.5 710.1 5097.2

Apr. 2698.6 876.9 3575.5 579.3
290.2 869.5 710.0 5155.0
May 2650.8 867.5 3518.3 590.2
296.0 886.2 698.4 5102.9
June 2677.9 869.2 3547.1 600.3
300.7 901.0 696.9 5145.0

July 2706.7 865.6 3572.2 609.4
305.2 914.6 697.9 5184.8
Aug. 2701.4 864.1 3565.5 616.8
311.7 928.6 700.6 5194.7
Sep. 2732.3 860.3 3592.6 624.0
317.1 941.1 705.5 5239.3

Oct. p 2742.3 857.1 3599.4 621.0
329.2 950.1 711.4 5260.9

Week ending:

2005-Sep. 5 2750.0 866.2 3616.2 621.3
314.6 935.9 701.2 5253.3
12 2793.0 871.2 3664.2 622.9
316.1 939.0 706.6 5309.8
19 2750.9 861.1 3612.1 624.4
317.4 941.8 707.4 5261.2
26 2660.1 847.0 3507.1 625.4
318.4 943.8 706.1 5157.0

Oct. 3 2689.4 853.1 3542.5 622.9
323.0 945.9 704.8 5193.2
10 2788.5 868.3 3656.9 619.6
328.1 947.7 706.1 5310.7
17 2801.1 868.2 3669.3 620.3
329.0 949.3 709.7 5328.3
24p 2706.2 847.5 3553.7 621.2
330.4 951.6 715.9 5221.2
31p 2672.1 843.3 3515.4 621.9
331.8 953.7 716.6 5185.7

---------------------------------------------------------------------------------
----------------------------------------------------------
1. Savings deposits include money market deposit accounts.
2. Small-denomination time deposits are those issued in amounts of less than
$100,000. All IRA and Keogh account balances at commercial
banks and thrift institutions are subtracted from small time deposits.
3. IRA and Keogh account balances at money market mutual funds are subtracted
from retail money funds.

p -- indicates preliminary data.
1

H.6 (508)
Table 9
NOT SEASONALLY ADJUSTED COMPONENTS OF NON-M2 M3
Billions of dollars
---------------------------------------------------------------------------------
-------------------------------------------------------------------------
Large-denomination time deposits1
RPs3
Institutional -----------------------------------------
------------------------------------------
Date money At commercial At thrift
At commercial At thrift Total
funds banks2 institutions Total
banks2 institutions Total Eurodollars4 Non-M2 M3
---------------------------------------------------------------------------------
-------------------------------------------------------------------------
2004-June 1115.3 872.4 134.5 1007.0
482.8 68.0 550.8 322.6 2995.6

July 1097.7 882.8 138.2 1021.0
461.1 58.1 519.2 328.5 2966.3
Aug. 1102.4 884.5 143.6 1028.1
463.9 56.7 520.7 338.0 2989.2

Sep. 1088.2 886.2 148.0 1034.2
462.4 57.5 519.8 348.9 2991.1

Oct. 1066.8 886.1 150.6 1036.7
440.1 57.3 497.4 366.3 2967.2
Nov. 1075.5 886.8 154.3 1041.1
443.9 53.5 497.3 370.0 2983.9
Dec. 1089.9 907.1 160.0 1067.1
437.0 56.1 493.1 377.0 3027.0

2005-Jan. 1086.8 951.1 165.6 1116.7
407.8 57.8 465.6 397.6 3066.7
Feb. 1067.1 962.0 171.7 1133.7
437.9 57.9 495.8 402.4 3099.1

Mar. 1052.1 972.7 178.5 1151.2
437.8 54.7 492.4 413.2 3108.9
Apr. 1046.4 1014.6 189.2 1203.7
419.1 54.5 473.6 419.0 3142.7
May 1038.8 1029.1 194.5 1223.6
456.1 55.7 511.7 428.3 3202.4
June 1059.0 1047.0 200.0 1247.0
459.9 53.0 512.9 422.7 3241.5

July 1066.2 1030.4 203.3 1233.7
452.7 52.1 504.8 428.2 3232.9

Aug. 1087.8 1068.3 209.3 1277.6
465.5 50.4 515.9 431.8 3313.1
Sep. 1103.7 1091.5 215.3 1306.8
474.6 49.4 524.0 428.5 3363.0

Oct. p 1112.3 1108.5 222.4 1331.0
477.4 50.5 527.9 427.9 3399.0

Week ending:

2005-Sep. 5 1093.5 1099.3 213.2 1312.4
476.2 48.9 525.1 429.6 3360.6
12 1108.0 1094.8 214.3 1309.1
474.4 49.3 523.7 430.1 3370.9
19 1112.0 1077.3 214.8 1292.1
467.9 49.4 517.2 426.8 3348.2
26 1104.4 1088.8 216.5 1305.4
478.8 50.0 528.7 429.9 3368.4

Oct. 3 1092.8 1100.8 219.1 1320.0
477.2 49.6 526.7 425.0 3364.6
10 1099.4 1117.7 221.3 1339.0
470.7 50.7 521.4 424.4 3384.2
17 1117.1 1110.5 221.2 1331.6
473.7 50.5 524.2 426.4 3399.3

24p 1122.0 1105.6 223.6 1329.2
485.1 49.7 534.8 427.6 3413.5
31p 1119.1 1104.2 225.1 1329.3
480.2 51.4 531.6 434.5 3414.5

---------------------------------------------------------------------------------
-------------------------------------------------------------------------
1. Large-denomination time deposits are those issued in amounts of $100,000 or
more, excluding those booked at international banking facilities.
2. Large-denomination time deposits at domestically chartered commercial banks,
U.S. branches and agencies of foreign banks, and Edge Act corporations,
excluding those amounts held by depository institutions, the U.S. government,
foreign banks and official institutions, and money market mutual funds.
3. RP liabilities of depository institutions, in denominations of $100,000 or
more, on U.S. government and federal agency securities, excluding those
amounts held by depository institutions, the U.S. government, foreign banks
and official institutions, and money market mutual funds.
4. Eurodollars held by U.S. addressees at foreign branches of U.S. banks
worldwide and at all banking offices in the United Kingdom and Canada,
excluding those amounts held by depository institutions, the U.S. government,
foreign banks and official institutions, and by money market mutual funds.
p -- indicates preliminary data e -- indicates estimated data
1

H.6 (508)
Table 10
MEMORANDUM ITEMS
Billions of dollars, not seasonally adjusted
---------------------------------------------------------------------------------
----------------------------------------------------------------------------------
-------------

U.S.
government deposits IRA and Keogh
Accounts
Demand deposits Time and
------------------------------------------------------------
----------------------------------------------------
at banks due to savings
Time and
Date --------------------------- deposits due to Demand Balance
Note savings
Foreign Foreign foreign banks deposits at at
balances at Total deposits at
commercial official and official commercial Federal
depository cash commercial At commercial At thrift At money
banks institutions institutions banks Reserve
institutions1 balance banks banks institutions market funds
Total
---------------------------------------------------------------------------------
----------------------------------------------------------------------------------
-------------
2004-June 7.4 1.1 15.4 1.8
5.7 20.9 28.5 2.1 168.4 101.8 153.8
424.0

July 7.4 1.1 16.5 1.4
5.0 10.1 16.4 2.1 168.7 101.8 153.6
424.1
Aug. 7.4 1.1 17.7 1.3
4.8 3.1 9.2 2.2 168.6 101.7 152.5
422.9
Sep. 7.3 1.1 18.9 1.6
5.6 16.7 23.9 2.2 168.6 101.7 151.4
421.7

Oct. 7.3 1.2 19.6 1.5
5.0 20.3 26.8 2.3 168.4 101.6 150.8
420.8
Nov. 7.4 1.3 19.8 1.4
4.9 12.7 19.1 2.3 168.3 101.5 150.6
420.4
Dec. 7.4 1.5 20.1 1.5
5.1 15.8 22.4 2.4 168.1 101.4 150.4
419.9

2005-Jan. 7.4 1.5 20.0 1.8
5.1 23.0 29.9 2.4 168.2 101.3 149.6
e 419.1 e
Feb. 7.3 1.4 19.6 1.4
5.2 14.3 20.9 2.4 168.5 101.3 148.3
e 418.1 e
Mar. 7.3 1.3 19.2 1.4
4.7 21.1 27.3 2.4 168.8 101.3 146.9
e 417.1 e

Apr. 7.2 1.3 19.6 3.4
5.2 26.5 35.1 2.3 169.0 101.5 146.2
e 416.8 e
May 7.1 1.3 20.9 1.6
5.1 29.3 36.0 2.0 169.1 101.9 146.2
e 417.2 e
June 7.0 1.3 22.2 1.8
5.0 24.6 31.4 1.8 169.2 102.3 146.2
e 417.7 e

July 6.9 e 1.3 e 22.8 e 1.4
4.8 13.7 20.0 1.7 e 169.4 e 102.5 e 146.2
e 418.0 e
Aug. 6.9 e 1.3 e 22.8 e 1.4
5.0 7.5 13.9 1.7 e 169.5 e 102.5 e 146.2
e 418.2 e
Sep. 6.9 e 1.3 e 22.8 e 1.5
5.3 28.3 35.1 1.7 e 169.7 e 102.5 e 146.2
e 418.4 e

Oct. p 6.9 e 1.3 e 22.8 e 1.4
4.9 18.7 25.1 1.7 e 169.8 e 102.5 e 146.2
e 418.5 e
2005-Sep. 5 1.4
5.0 2.8 9.1

12 1.4
4.8 3.2 9.4

19 1.8
6.2 31.5 39.4

26 1.5
5.6 58.7 65.8

Oct. 3 1.4
4.9 36.5 42.8

10 1.3
4.8 9.6 15.7

17 1.7
4.6 8.3 14.6

24p 1.4
5.0 24.1 30.5

31p 1.4
5.1 30.8 37.3

---------------------------------------------------------------------------------
----------------------------------------------------------------------------------
-------------
1. Source: Daily Treasury statement.
e -- indicates estimated data p -- indicates preliminary data