BANKING & FINANCE - Nov. 27, 1993

Money Supply Increases: The two broadest measures of the nation’s money supply rose in the week ended Nov. 15, the Federal Reserve Board reported. The measure known as M2 rose to a seasonally adjusted $3,548.3 billion from a revised $3,540.6 billion the previous week. An even broader measure, M3, rose to a seasonally adjusted $4,197.7 billion from a revised $4,187.8 billion. The narrowest measure, M1, rose to a seasonally adjusted $1,123.5 billion from $1,118.8 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.