BANKING & FINANCE - Aug. 14, 1992

Money Supply Rises: The Federal Reserve Board reported that the measure of the nation’s money supply known as M2 rose $2.4 billion in the week ended Aug. 3 to a seasonally adjusted $3,457.1 billion. An even broader measure, M3, rose to a seasonally adjusted $4,156.2 billion, up $1.3 billion from the week before. The narrowest measure, M1, rose $4.5 billion to a seasonally adjusted $966.8 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, such as certificates of deposit in minimum denominations of $100,000.