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OTHER NEWS - Feb. 13, 1993

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From Times Staff and Wire Reports

Money Supply Is Mixed: The Federal Reserve Board reported that the measure of the nation’s money supply known as M2 fell $5 billion in the week ended Feb. 1 to a seasonally adjusted $3,482.9 billion from a revised $3,487.9 billion the week before. An even broader measure, M3, rose $5.5 billion to $4,142.7 billion from a revised $4,137.2 billion. The narrowest measure, M1, rose to a seasonally adjusted $1,035.2 billion, up $1.4 billion from $1,033.8 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.

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