ECONOMIC

TABLE B-61.—Federal Reserve Bank credit and member bank reserves, 1929-76Year and month1929: Dec1933: Dec1939: Dec1940: Dec1941: Dec1942: Dec1943: Dec1944: Dec1945: Dec1946- Dec1947: Dec1948: Dec1949: Dec1950: Dec1951: Dec1952: Dec1953: Dec.1954: Dec1955: Dec1956: Dec. .1957: Dec1958: Dec1959: Dec ....1960: Dec .1961- Dec1962: Dec1963: Dec1964- Dec1965: Dec1966: Dec1967- Dec1968: Dec . . .1969- Dec1970- Dec1971: Dec1972: Dec1973: Dec1974: Dec1975: Dec1976: Dec v1975: JanFebMarAprMayJuneJulyAug .SeptOctNovDec1976: JanFeb ...MarAprMayJuneJulyAugSept...OctNovDec pTotal1,6432,6692,6122 3052,4046,03511 91419,61224, 74424 74622,85823,97819,01221,60625,44627 29927,10726,31726,85327,15626,18628,41229,43529,06031,21733, 21836,61039 87343,85346,86451,26856,61064,10066,70874,25576,85185,64293,96799, 651107, 75793,00291,16890, 81993,21497,84595,11994,14492, 39595,27796,93197,81799,651100,172101, 369101,336100, 317102,951103,106104, 799105, 393105, 880107, 270106, 522107, 757[Averages of daily figures; millions of dollars)Reserve Bank credit outstanding4462,4322,5102 1882*2195 54911 16618 69323, 70823 76721 90523,00218, 28720 34523,40924 40025 63924,91724,60224 76523,98226 31227,03627,24829 09830,54633,72937 12640, 88543,76048 89152, 52957, 50061 68869,15871,09479,70186,67992,108100, 32886,03984,74484, 84787,08091,91888,91288,16686, 82989,19190,47690,93492,10892, 99894, 61094, 88093, 24395,96795, 59297,10598, 45898, 797100, 37499,507100, 328Member bankborrowingsTotal801953354902653341572241341181426571 593441246839688710557906871493043272434545572387651,0863211071,0491,298703127623901471061106027126121139619161127797658441211201231047566844132131313107911173861652813911862Seasonalother,mainlyfloatAll111120242831322113396142991141804826586547028227298426071,1191,3801,3061,0271,1541,4121,7031,4941,5431,4931,7251,9702,3682,5542,5042,5142,5472,1393,3165,5144,6994,9904,7084,6436,5857,4167,3676,5736,2775,8666,0245,8675,9365,7175,3555,6906,2646,8227,4167,0956,6836,3987,0306,8637,3947,5716,8317,0086,8306,9317,367TotalMember bank reserves2 3952,58811,47314 04912 81213,15212 74914 16816 02716 51717,26119,99016, 29117,39120,31021,18019,92019, 27919,24019, 53519,42018, 8992 18,93219,28320,11820,04020, 74621,60922, 71923,83025,26027,22128, 03129,26531,329'31,3533 35,0683 36,941* 34, 98935, 25837,49235,56534,77935,13434, 49234,97634,65534,48234,64634, 56734, 571«34, 98935, 57533,95333,96734,06334, 22833,77434,14634,14133,97934, 30534,79735, 258U.S.GovernmentsecuritiesRequired2 34711,8226,4627 4039 42210 77611 70112 88414, 53615 61716 27519,19315,48816, 36419,48420,45719,22718, 57618,64618,88318,84318, 38318,45018, 52719, 55019,46820,21021,19822,26723,43824,91526,76627, 77428,99331,16431,13434,80636, 60234,72734, 96737, 55635, 33334, 51335,01434,49334, 42834,68734, 26534,44734,41134,28134, 72735, 36633,93933, 53133,97433, 84633,65734, 07633, 84433,69234,11634,43334,967Excess4817665,0116 6463 3902 3761 0481 2841 4919009867978031 02782672369370359465257751648275656857253641145239234545525727216532193 2623 339