"c           VAR 0337      14189 FREE HE 3R 929-967               MD= 1E-37   "
"c           REF 0337         LOC 2994 WIDTH  9             DK  48 COL 35-43  "
"c                                                                            "
"c                                                                            "
"c              FREE RESERVES HELD AT FEDERAL RESERVE BANKS, ALL MEMBER       "
"c              BANKS                                                         "
"c              -------------------------------------------------------       "
"c                                                                            "
"c              NBER SERIES:  14189                                           "
"c              AREA COVERED:  U.S.                                           "
"c              UNITS:  MILLIONS OF DOLLARS                                   "
"c              ANNUAL COVERAGE:  NONE                                        "
"c              QUARTERLY COVERAGE:  NONE                                     "
"c              MONTHLY COVERAGE:  01/1929-04/1967                            "
"c              SEASONAL ADJUSTMENT:  NONE                                    "
"c              SOURCE:  FEDERAL RESERVE BOARD, DATA FOR 1929-1939:  BANKING  "
"c              AND MONETARY STATISTICS, 1943, PP. 396-397.  DATA FOR         "
"c              1940-1967:  FEDERAL RESERVE BULLETIN, SUCCESSIVE ISSUES.      "
"c                                                                            "
"c              NOTES:  DATA ARE FOR THE DIFFERENCE BETWEEN EXCESS RESERVES   "
"c              AND BORROWINGS, EXCEPT FOR 1940-MARCH 1944, WHEN"DISCOUNTS    "
"c              AND ADVANCES" ARE USED INSTEAD OF BORROWINGS.                 "
"c                   DATA FOR MARCH 1933 IS ESTIMATED FROM WEDNESDAY FIGURES  "
"c              AND CALL DATE FIGURE, BECAUSE NO DAILY AVERAGE FIGURE WAS     "
"c              AVAILABLE.                                                    "
"c                   DATA FOR MARCH 1939-MARCH 1944 ARE FOR DISCOUNTS AND     "
"c              ADVANCES DEDUCTED FROM EXCESS RESERVES. DISCOUNTS AND         "
"c              ADVANCES FOR SOME NONMEMBER BANKS WERE INCLUDED IN THESE      "
"c              FIGURES, BUT THEY ARE SMALL.                                  "
"c                                                                            "
"c              CHECKED MANUALLY; NO CORRECTIONS NECESSARY.                   "
"c                                                                            "
"c           ...............................................................  "