TABLE 2
AGGREGATE RESERVES OF DEPOSITORY INSTITUTIONS AND THE MONETARY BASE
NOT ADJUSTED FOR CHANGES IN RESERVE REQUIREMENTS
NOT SEASONALLY ADJUSTED, MILLIONS OF DOLLARS November 28, 2008
| VAULT CASH | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| DATE | TOTAL RESERVES |
NON- BORROWED RESERVES |
NON- BORROWED RESERVES PLUS EXT CR |
REQUIRED RESERVES |
RESERVES EXCESS |
BASE MONETARY |
RESERVE BALANCES WITH F.R. BANKS |
TOTAL | USED TO SATISFY REQUIRED RESERVES |
SURPLUS |
| 1959-Jan. | 18889 | 18338 | 18338 | 18392 | 498 | 50525 | 18889 | 2242 | 0 | 0 |
| 1959-Feb. | 18570 | 18065 | 18065 | 18117 | 454 | 49805 | 18570 | 2079 | 0 | 0 |
| 1959-Mar. | 18431 | 17832 | 17832 | 17971 | 460 | 49733 | 18431 | 2061 | 0 | 0 |
| 1959-Apr. | 18678 | 17986 | 17986 | 18246 | 431 | 50058 | 18678 | 2082 | 0 | 0 |
| 1959-May | 18552 | 17811 | 17811 | 18131 | 421 | 50112 | 18552 | 2089 | 0 | 0 |
| 1959-June | 18454 | 17525 | 17525 | 18048 | 407 | 50337 | 18454 | 2168 | 0 | 0 |
| 1959-July | 18683 | 17721 | 17721 | 18267 | 416 | 50802 | 18683 | 2151 | 0 | 0 |
| 1959-Aug. | 18591 | 17601 | 17601 | 18144 | 448 | 50661 | 18591 | 2155 | 0 | 0 |
| 1959-Sep. | 18622 | 17696 | 17696 | 18180 | 443 | 50723 | 18622 | 2202 | 0 | 0 |
| 1959-Oct. | 18607 | 17700 | 17700 | 18166 | 441 | 50661 | 18607 | 2172 | 0 | 0 |
| 1959-Nov. | 18621 | 17763 | 17763 | 18177 | 444 | 50877 | 18612 | 2222 | 9 | 0 |
| 1959-Dec. | 18956 | 18015 | 18015 | 18450 | 506 | 51505 | 18660 | 2408 | 295 | 0 |
| 1960-Jan. | 18847 | 17960 | 17960 | 18333 | 514 | 50661 | 18537 | 2366 | 311 | 0 |
| 1960-Feb. | 18213 | 17403 | 17403 | 17759 | 454 | 49609 | 17947 | 2205 | 266 | 0 |
| 1960-Mar. | 18032 | 17391 | 17391 | 17609 | 423 | 49483 | 17776 | 2168 | 256 | 0 |
| 1960-Apr. | 18124 | 17518 | 17518 | 17698 | 426 | 49656 | 17864 | 2188 | 261 | 0 |
| 1960-May | 18215 | 17719 | 17719 | 17770 | 445 | 49734 | 17938 | 2205 | 277 | 0 |
| 1960-June | 18307 | 17873 | 17873 | 17828 | 480 | 50015 | 18014 | 2246 | 293 | 0 |
| 1960-July | 18513 | 18135 | 18135 | 18013 | 501 | 50455 | 18204 | 2276 | 309 | 0 |
| 1960-Aug. | 18500 | 18204 | 18204 | 17957 | 542 | 50279 | 18110 | 2275 | 390 | 0 |
| 1960-Sep. | 18560 | 18345 | 18345 | 17933 | 627 | 49920 | 17688 | 2296 | 872 | 0 |
| 1960-Oct. | 18762 | 18595 | 18595 | 18099 | 662 | 50130 | 17872 | 2329 | 890 | 0 |
| 1960-Nov. | 18984 | 18851 | 18851 | 18242 | 743 | 50251 | 17717 | 2384 | 1267 | 0 |
| 1960-Dec. | 19262 | 19188 | 19188 | 18518 | 743 | 49763 | 16680 | 2581 | 2581 | 0 |
| 1961-Jan. | 19337 | 19272 | 19272 | 18565 | 772 | 49103 | 16718 | 2619 | 2619 | 0 |
| 1961-Feb. | 18961 | 18828 | 18828 | 18312 | 649 | 48441 | 16523 | 2438 | 2438 | 0 |
| 1961-Mar. | 18811 | 18741 | 18741 | 18265 | 546 | 48362 | 16445 | 2366 | 2366 | 0 |
| 1961-Apr. | 18884 | 18827 | 18827 | 18268 | 616 | 48455 | 16460 | 2424 | 2424 | 0 |
| 1961-May | 18858 | 18763 | 18763 | 18302 | 556 | 48494 | 16419 | 2439 | 2439 | 0 |
| 1961-June | 19021 | 18958 | 18958 | 18431 | 590 | 48876 | 16551 | 2469 | 2469 | 0 |
| 1961-July | 19102 | 19048 | 19048 | 18486 | 616 | 49216 | 16557 | 2545 | 2545 | 0 |
| 1961-Aug. | 19195 | 19130 | 19130 | 18616 | 579 | 49334 | 16690 | 2506 | 2506 | 0 |
| 1961-Sep. | 19361 | 19323 | 19323 | 18781 | 580 | 49599 | 16804 | 2557 | 2557 | 0 |
| 1961-Oct. | 19687 | 19617 | 19617 | 19155 | 532 | 50032 | 17093 | 2594 | 2594 | 0 |
| 1961-Nov. | 19808 | 19710 | 19710 | 19217 | 591 | 50484 | 17172 | 2636 | 2636 | 0 |
| 1961-Dec. | 20131 | 19998 | 19998 | 19547 | 584 | 51281 | 17267 | 2864 | 2864 | 0 |
| 1962-Jan. | 20095 | 20009 | 20009 | 19473 | 623 | 50604 | 17192 | 2904 | 2904 | 0 |
| 1962-Feb. | 19571 | 19503 | 19503 | 19069 | 502 | 49841 | 16917 | 2654 | 2654 | 0 |
| 1962-Mar. | 19549 | 19460 | 19460 | 19077 | 472 | 50024 | 16951 | 2598 | 2598 | 0 |
| 1962-Apr. | 19716 | 19644 | 19644 | 19224 | 492 | 50366 | 17057 | 2658 | 2658 | 0 |
| 1962-May | 19829 | 19768 | 19768 | 19312 | 517 | 50543 | 17149 | 2680 | 2680 | 0 |
| 1962-June | 19923 | 19821 | 19821 | 19450 | 473 | 50908 | 17204 | 2719 | 2719 | 0 |
| 1962-July | 20053 | 19962 | 19962 | 19519 | 534 | 51314 | 17257 | 2796 | 2796 | 0 |
| 1962-Aug. | 19883 | 19759 | 19759 | 19353 | 530 | 51176 | 17138 | 2745 | 2745 | 0 |
| 1962-Sep. | 20067 | 19986 | 19986 | 19577 | 490 | 51323 | 17236 | 2831 | 2831 | 0 |
| 1962-Oct. | 20198 | 20136 | 20136 | 19721 | 477 | 51552 | 17372 | 2826 | 2826 | 0 |
| 1962-Nov. | 19570 | 19449 | 19449 | 19013 | 557 | 51344 | 16702 | 2868 | 2868 | 0 |
| 1962-Dec. | 20054 | 19794 | 19794 | 19482 | 572 | 52257 | 16917 | 3137 | 3137 | 0 |
| 1963-Jan. | 20042 | 19896 | 19896 | 19537 | 505 | 51636 | 16937 | 3105 | 3105 | 0 |
| 1963-Feb. | 19568 | 19403 | 19403 | 19107 | 461 | 51014 | 16712 | 2856 | 2856 | 0 |
| 1963-Mar. | 19522 | 19374 | 19374 | 19088 | 434 | 51206 | 16701 | 2821 | 2821 | 0 |
| 1963-Apr. | 19607 | 19478 | 19478 | 19151 | 457 | 51489 | 16696 | 2911 | 2911 | 0 |
| 1963-May | 19649 | 19439 | 19439 | 19219 | 430 | 51702 | 16760 | 2889 | 2889 | 0 |
| 1963-June | 19770 | 19511 | 19511 | 19353 | 417 | 52195 | 16825 | 2945 | 2945 | 0 |
| 1963-July | 19988 | 19690 | 19690 | 19533 | 454 | 52768 | 16952 | 3035 | 3035 | 0 |
| 1963-Aug. | 19705 | 19376 | 19376 | 19260 | 445 | 52600 | 16730 | 2976 | 2976 | 0 |
| 1963-Sep. | 19967 | 19649 | 19649 | 19539 | 428 | 52911 | 16887 | 3080 | 3080 | 0 |
| 1963-Oct. | 19989 | 19669 | 19669 | 19592 | 397 | 53118 | 16930 | 3059 | 3059 | 0 |
| 1963-Nov. | 20147 | 19798 | 19798 | 19706 | 441 | 53775 | 17037 | 3110 | 3110 | 0 |
| 1963-Dec. | 20702 | 20369 | 20369 | 20211 | 490 | 54913 | 17251 | 3451 | 3451 | 0 |
| 1964-Jan. | 20679 | 20405 | 20405 | 20239 | 440 | 54238 | 17285 | 3395 | 3395 | 0 |
| 1964-Feb. | 20150 | 19864 | 19864 | 19752 | 397 | 53472 | 17009 | 3140 | 3140 | 0 |
| 1964-Mar. | 20242 | 19964 | 19964 | 19856 | 386 | 53830 | 17151 | 3091 | 3091 | 0 |
| 1964-Apr. | 20255 | 20044 | 20044 | 19902 | 352 | 54052 | 17092 | 3162 | 3162 | 0 |
| 1964-May | 20242 | 19982 | 19982 | 19888 | 354 | 54274 | 17096 | 3146 | 3146 | 0 |
| 1964-June | 20545 | 20277 | 20277 | 20170 | 375 | 54940 | 17336 | 3209 | 3209 | 0 |
| 1964-July | 20639 | 20376 | 20376 | 20264 | 376 | 55426 | 17417 | 3222 | 3222 | 0 |
| 1964-Aug. | 20579 | 20264 | 20264 | 20158 | 421 | 55427 | 17320 | 3259 | 3259 | 0 |
| 1964-Sep. | 20925 | 20580 | 20580 | 20494 | 431 | 55888 | 17593 | 3332 | 3332 | 0 |
| 1964-Oct. | 21023 | 20702 | 20702 | 20625 | 398 | 56162 | 17725 | 3299 | 3299 | 0 |
| 1964-Nov. | 21181 | 20781 | 20781 | 20774 | 408 | 56786 | 17801 | 3380 | 3380 | 0 |
| 1964-Dec. | 21596 | 21332 | 21332 | 21190 | 406 | 57737 | 17979 | 3617 | 3617 | 0 |
| 1965-Jan. | 21632 | 21332 | 21332 | 21217 | 415 | 57138 | 18007 | 3625 | 3625 | 0 |
| 1965-Feb. | 21201 | 20796 | 20796 | 20789 | 412 | 56508 | 17793 | 3408 | 3408 | 0 |
| 1965-Mar. | 21263 | 20852 | 20852 | 20898 | 366 | 56696 | 17848 | 3415 | 3415 | 0 |
| 1965-Apr. | 21497 | 21025 | 21025 | 21155 | 341 | 57089 | 18067 | 3430 | 3430 | 0 |
| 1965-May | 21476 | 20981 | 20981 | 21142 | 334 | 57165 | 18043 | 3433 | 3433 | 0 |
| 1965-June | 21720 | 21183 | 21183 | 21358 | 362 | 57761 | 18197 | 3523 | 3523 | 0 |
| 1965-July | 21873 | 21345 | 21345 | 21521 | 353 | 58408 | 18329 | 3544 | 3544 | 0 |
| 1965-Aug. | 21581 | 21034 | 21034 | 21185 | 396 | 58192 | 18015 | 3566 | 3566 | 0 |
| 1965-Sep. | 21759 | 21205 | 21205 | 21349 | 410 | 58574 | 18160 | 3599 | 3599 | 0 |
| 1965-Oct. | 21984 | 21496 | 21496 | 21625 | 358 | 59137 | 18332 | 3651 | 3651 | 0 |
| 1965-Nov. | 21940 | 21508 | 21508 | 21588 | 352 | 59615 | 18201 | 3739 | 3739 | 0 |
| 1965-Dec. | 22694 | 22250 | 22250 | 22270 | 423 | 61022 | 18757 | 3936 | 3936 | 0 |
| 1966-Jan. | 22777 | 22357 | 22357 | 22398 | 379 | 60520 | 18813 | 3964 | 3964 | 0 |
| 1966-Feb. | 22205 | 21723 | 21723 | 21858 | 347 | 59752 | 18454 | 3750 | 3750 | 0 |
| 1966-Mar. | 22186 | 21625 | 21625 | 21844 | 342 | 59933 | 18468 | 3718 | 3718 | 0 |
| 1966-Apr. | 22529 | 21892 | 21892 | 22174 | 355 | 60511 | 18765 | 3764 | 3764 | 0 |
| 1966-May | 22462 | 21774 | 21774 | 22121 | 341 | 60632 | 18708 | 3754 | 3754 | 0 |
| 1966-June | 22562 | 21855 | 21855 | 22206 | 356 | 61102 | 18745 | 3818 | 3818 | 0 |
| 1966-July | 23062 | 22321 | 22321 | 22684 | 378 | 62064 | 19170 | 3893 | 3893 | 0 |
| 1966-Aug. | 22678 | 21943 | 21943 | 22310 | 367 | 61734 | 18779 | 3899 | 3899 | 0 |
| 1966-Sep. | 23222 | 22453 | 22453 | 22851 | 371 | 62360 | 19286 | 3935 | 3935 | 0 |
| 1966-Oct. | 23373 | 22639 | 22639 | 23041 | 333 | 62604 | 19409 | 3965 | 3965 | 0 |
| 1966-Nov. | 23226 | 22618 | 22618 | 22841 | 385 | 62993 | 19207 | 4019 | 4019 | 0 |
| 1966-Dec. | 23785 | 23252 | 23252 | 23446 | 339 | 64185 | 19550 | 4235 | 4235 | 0 |
| 1967-Jan. | 24101 | 23692 | 23692 | 23698 | 403 | 63850 | 19762 | 4340 | 4340 | 0 |
| 1967-Feb. | 23720 | 23357 | 23357 | 23351 | 369 | 63282 | 19686 | 4034 | 4034 | 0 |
| 1967-Mar. | 23375 | 23175 | 23175 | 22961 | 414 | 63166 | 19419 | 3956 | 3956 | 0 |
| 1967-Apr. | 23411 | 23265 | 23265 | 23061 | 350 | 63274 | 19384 | 4027 | 4027 | 0 |
| 1967-May | 23272 | 23183 | 23183 | 22908 | 365 | 63382 | 19246 | 4026 | 4026 | 0 |
| 1967-June | 23456 | 23351 | 23351 | 23104 | 352 | 64005 | 19368 | 4088 | 4088 | 0 |
| 1967-July | 23972 | 23857 | 23857 | 23554 | 418 | 64821 | 19745 | 4226 | 4226 | 0 |
| 1967-Aug. | 23764 | 23683 | 23683 | 23398 | 365 | 64700 | 19609 | 4155 | 4155 | 0 |
| 1967-Sep. | 24182 | 24093 | 24093 | 23839 | 342 | 65226 | 19957 | 4224 | 4224 | 0 |