BANKING & FINANCE - Oct. 8, 1993

Money Supply Falls: The two broadest measures of the nation’s money supply fell in the week ended Sept. 27. According to the Federal Reserve Board, the measure known as M2 fell to a seasonally adjusted $3,535.1 billion from a revised $3,538.2 billion the previous week. An even broader measure, M3, fell to a seasonally adjusted $4,184.6 billion from a revised $4,186.9 billion. The narrowest measure of the money supply, M1, fell to a seasonally adjusted $1,111.7 billion from $1,113.4 billion. M2 is M1--which includes cash in circulation, deposits in checking accounts and non-bank travelers checks--plus accounts such as savings deposits and money market mutual funds.