Money Supply Rises; Bank Borrowings Dip
The money supply averaged $273.6 billion in the four weeks ended March 6. compared with $269.6 billion in the four weeks ended Feb. 6, the Federal Reserve Board reported yesterday. .</br></br>For the past three months, the money supplyÛÓchecking accounts and currency in circulationÛÓhas been growing at an annual rate of 6.5 per cent.</br></br>Member bank borrowings averaged $984 million in the week ended March 13, compared with $912 million the week ended March 6. The federal funds rate, the interest banks charge each other for overnight loans, averaged</br></br>Averages of Daily Figures Week ended Change from week ended Wed., .................................Mar.	13,</br></br>Mar. 13, 1974 , 84,230 . 11,567 400 8,762	Mar. 6, 1974 (In millions + 188	Mar. 14, 1973 of dollars) +5,313 +1,157 104,959 71,194 330 1,775 277 714 2,843	+ 192 4- 617 ÛÓ	4 ÛÓ	152 ÛÓ	51 + 20 ÛÓ	99	+6,830 +6,037 ÛÓ	46 ÛÓ2,354 ÛÓ	58 + 44 + 438