Fed Reports Rise In Money Supply
Figures published by (he Federal' Reserve System yesterday showed that the nationÛªs money supply rose in the week endedÛª Dec. 2 to an average of $214.5 billion, compared to $213.8 bil Hon the previous week.</br></br>For the four weeks ended Dec 2, the Fed said, the money supply averaged $213,9 billion. Meanwhile, in the week ended Wednesday, the commercial banksÛª net borrowed reserves tightened to $153 million from $41 million a week earlier.</br></br>Member bank borrowing from the Federal Reserve System averaged $291 million in the recent statement week, off from S454 million last week. Total reserves of member banks averaged $29.7 billion, seasonally adjusted, unchanged from; a week earlier.</br></br>U.S. Government securities-Bouoht outrightÛÓSystem account Held under repurchase agreements Federal Agency obÛªigations-Held under repurchase agreements AcceptancesÛÓ</br></br>Treasury cash holdings Treasury deposits 'with F.R. Banks Foreign deposits with F.R, Banks Other dcpnslts wilh F.R. Banks Other F.R. liabilities and capital