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From Times Staff and Wire Reports

Money Supply Measures Are Mixed: The Federal Reserve Board said the money supply measure known as M2 rose in the week ended Aug. 5 to a seasonally adjusted $3,387.2 billion from $3,386.0 billion the week before. An even broader measure, M3, fell to a seasonally adjusted $4,142.4 billion from $4,148.0 billion. The narrowest measure of the money supply, M1, rose to $867.6 billion from $864.3 billion. M1 includes cash in circulation, deposits in checking accounts and non-bank traveler’s checks. M2 is M1 plus accounts such as savings deposits and money-market mutual funds. M3 is M2 plus less-liquid accounts such as certificates of deposit in minimum denominations of $100,000.

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