BANKING & FINANCE - Feb. 28, 1992

Money Supply Rises: The Federal Reserve said the measure of the nation’s money supply known as M2 rose in the week ended Feb. 18 to a seasonally adjusted $3,481.7 billion from $3,477.1 billion the previous week. An even broader measure, M3, rose to a seasonally adjusted $4,219.1 billion from $4,201.2 billion. The narrowest measure of the money supply, M1, rose to a seasonally adjusted $931.6 billion from $927.1 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.