M1 Rises: The Federal Reserve Board reported...

M1 Rises: The Federal Reserve Board reported that the narrowest measure of the money supply, M1, rose to a seasonally adjusted $786.8 billion from $784.1 billion in the week ended March 20. The Fed said the measure known as M2 rose to a seasonally adjusted $3,085.3 billion from $3,077.8 billion the previous week. M1 includes cash in circulation, deposits in checking accounts and non-bank travelers checks. M2 is M1 plus accounts such as savings deposits and money market mutual funds.