Source: National Bureau of Economic Research  

Release: NBER Macrohistory Database  

Units:  Millions of Dollars, Not Seasonally Adjusted

Frequency:  Monthly

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.

This NBER data series m14123c appears on the NBER website in Chapter 14 at http://www.nber.org/databases/macrohistory/contents/chapter14.html.

NBER Indicator: m14123c