BANKING & FINANCE - Aug. 13, 1993

Money Supply Increases: The Federal Reserve Board reported that the measure of the nation’s money supply known as M2 rose in the week ended Aug. 2 to a seasonally adjusted $3,520.8 billion, up $3 billion from a revised $3,517.0 billion the week before. An even broader measure, M3, rose $6.2 billion to $4,158.0 billion from $4,151.8 billion. The narrowest measure, M1, rose $5.5 billion to $1,091.8 billion from $1,086.3 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.