Source: National Bureau of Economic Research  

Release: NBER Macrohistory Database  

Units:  Millions of Dollars, Seasonally Adjusted

Frequency:  Monthly

Data For June 1919-March 1923 Are Based On The Sum Of Net Demand Deposits At Weekly Reporting Banks And Estimated Net Demand Deposits At Nonweekly Reporting Banks. Data For April 1923-December 1935 Are Monthly Net Demand Deposits Adjusted To Represent The Wednesday Closest To The End Of The Month. Data For January 1936-April 1943 Are Based On A Published Monthly Series Of Gross Deposits At All Member Banks In The Form Of Monthly Averages Of Daily Figures; Adjusted By Source To Represent The Wednesday Closest To The End Of The Month. Data For May 1943-December 1945 Are Based On A Published Monthly Series Of Demand Deposits Adjusted At All Member Banks. Source: Friedman And Schwartz, Monetary Statistics Of The United States (NBER, 1970), Table 36, Column 4, Pp. 504-515 And Note On P. 520.

This NBER data series m14168 appears on the NBER website in Chapter 14 at http://www.nber.org/databases/macrohistory/contents/chapter14.html.

NBER Indicator: m14168