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Money Supply Mixed: The narrowest measure of...

From Times Staff and Wire Service Reports

Money Supply Mixed: The narrowest measure of the nation’s money supply, M1, fell in the week ended Jan. 15, to a seasonally adjusted $791.1 billion from $794 billion the week before, the Federal Reserve Board reported. The Fed said the measure known as M2 rose to a seasonally adjusted $3,218.3 billion from $3,216.1 billion a week earlier. 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.

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