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M1 rose $1 billion in the week ended April 6.

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The Federal Reserve Board said the nation’s basic money supply, also known as M1, rose to a seasonally adjusted $739.8 billion from $738.8 billion the week before. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. The central bank reported a $4.1-billion rise during March in M2, which is made up of M1 and such accounts as savings deposits and money-market mutual funds. That left it at $2.826 trillion. The Fed reported a $5.5-billion rise in M3, which is the sum of M2 plus less-liquid accounts, such as certificates of deposit in minimum denominations of $100,000. That left it at $3.526 trillion.

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