OTHER NEWS - Sept. 20, 1991
From Times Staff and Wire Reports
Money Supply Measures Are Mixed: The Federal Reserve Board reported that the money supply measure known as M2 rose in the week ended Sept. 9 to a seasonally adjusted $3.39 trillion, from a revised $3.388 trillion for the previous week. M3, a broader measure, shrank to $4.137 trillion from $4.138 trillion. M1, the narrowest gauge, fell to $866.7 billion from $867.1 billion. M1 counts cash in circulation, checking account deposits and non-bank travelers checks. M2 is M1 plus accounts such as savings and money-market mutual funds. M3 is M2 plus less liquid accounts, such as $100,000-minimum certificates of deposit.
