Title: Reserves Held Minus Borrowings at Federal Reserve Banks, All Member Banks for United States Series ID: M1423BUSM144NNBR Source: National Bureau of Economic Research Release: NBER Macrohistory Database (Not a Press Release) Seasonal Adjustment: Not Seasonally Adjusted Frequency: Monthly Units: Millions of Dollars Date Range: 1929-01-01 to 1941-12-01 Last Updated: 2012-08-20 8:36 AM CDT Notes: Series Is Presented Here As Three Variables--(1)--Original Data, 1917-1934 (2)--Original Data, 1929-1941 (3)--Original Data, 1944-1949. Data Were Computed By Subtracting Series (Bills Discounted, All Member Banks) From Series (Total Member Bank Reserves) And Are Monthly Averages Of Daily Figures. Source: Computed By NBER From Federal Reserve Board Data In Banking And Monetary Statistics, Pp. 396-397. This NBER data series m14123b appears on the NBER website in Chapter 14 at http://www.nber.org/databases/macrohistory/contents/chapter14.html. NBER Indicator: m14123b DATE VALUE 1929-01-01 1543 1929-02-01 1482 1929-03-01 1381 1929-04-01 1318 1929-05-01 1345 1929-06-01 1340 1929-07-01 1244 1929-08-01 1282 1929-09-01 1374 1929-10-01 1508 1929-11-01 1571 1929-12-01 1594 1930-01-01 1851 1930-02-01 1927 1930-03-01 2058 1930-04-01 2119 1930-05-01 2111 1930-06-01 2142 1930-07-01 2194 1930-08-01 2178 1930-09-01 2209 1930-10-01 2211 1930-11-01 2213 1930-12-01 2078 1931-01-01 2181 1931-02-01 2154 1931-03-01 2210 1931-04-01 2222 1931-05-01 2224 1931-06-01 2217 1931-07-01 2238 1931-08-01 2123 1931-09-01 2053 1931-10-01 1648 1931-11-01 1434 1931-12-01 1306 1932-01-01 1162 1932-02-01 1071 1932-03-01 1193 1932-04-01 1397 1932-05-01 1654 1932-06-01 1568 1932-07-01 1481 1932-08-01 1623 1932-09-01 1795 1932-10-01 1980 1932-11-01 2066 1932-12-01 2154 1933-01-01 2262 1933-02-01 1985 1933-03-01 966 1933-04-01 1717 1933-05-01 1816 1933-06-01 1976 1933-07-01 2108 1933-08-01 2215 1933-09-01 2348 1933-10-01 2466 1933-11-01 2509 1933-12-01 2493 1934-01-01 2655 1934-02-01 2745 1934-03-01 3304 1934-04-01 3551 1934-05-01 3669 1934-06-01 3768 1934-07-01 3910 1934-08-01 4029 1934-09-01 3929 1934-10-01 3953 1934-11-01 4090 1934-12-01 4027 1935-01-01 4347 1935-02-01 4595 1935-03-01 4446 1935-04-01 4430 1935-05-01 4771 1935-06-01 4972 1935-07-01 4963 1935-08-01 5225 1935-09-01 5233 1935-10-01 5461 1935-11-01 5750 1935-12-01 5710 1936-01-01 5774 1936-02-01 5801 1936-03-01 5414 1936-04-01 5295 1936-05-01 5633 1936-06-01 5478 1936-07-01 5858 1936-08-01 6175 1936-09-01 6338 1936-10-01 6588 1936-11-01 6779 1936-12-01 6658 1937-01-01 6713 1937-02-01 6744 1937-03-01 6698 1937-04-01 6814 1937-05-01 6916 1937-06-01 6863 1937-07-01 6832 1937-08-01 6684 1937-09-01 6830 1937-10-01 6932 1937-11-01 6900 1937-12-01 6863 1938-01-01 7172 1938-02-01 7220 1938-03-01 7316 1938-04-01 7458 1938-05-01 7579 1938-06-01 7869 1938-07-01 8159 1938-08-01 8112 1938-09-01 8188 1938-10-01 8538 1938-11-01 8720 1938-12-01 8738 1939-01-01 9024 1939-02-01 8920 1939-03-01 9018 1939-04-01 9624 1939-05-01 9997 1939-06-01 10085 1939-07-01 10321 1939-08-01 10659 1939-09-01 11443 1939-10-01 11862 1939-11-01 11688 1939-12-01 11473 1940-01-01 11985 1940-02-01 12215 1940-03-01 12362 1940-04-01 12703 1940-05-01 13086 1940-06-01 13596 1940-07-01 13735 1940-08-01 13408 1940-09-01 13643 1940-10-01 14043 1940-11-01 14131 1940-12-01 14049 1941-01-01 14339 1941-02-01 13996 1941-03-01 13979 1941-04-01 13600 1941-05-01 13650 1941-06-01 13201 1941-07-01 13120 1941-08-01 13004 1941-09-01 13184 1941-10-01 13097 1941-11-01 12900 1941-12-01 12812