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BANKING & FINANCE - Jan. 24, 1992

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From Times Staff and Wire Reports

Money Supply Rises: The Federal Reserve Board said the measure of the nation’s money supply known as M2 rose in the week ended Jan. 13 to a seasonally adjusted $3,422.3 billion from $3,407.6 billion the week before. A broader measure, M3, rose to a seasonally adjusted $4,171.0 billion from $4,133.7 billion. The narrowest measure, M1, rose to a seasonally adjusted $903.5 billion from $892.3 billion. 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. M3 is M2 plus less-liquid accounts, such as certificates of deposit in minimum denominations of $100,000.

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