CANADIAN MONEY SUPPLY FALLS IN WEEK
Canadian narrowly-defined money supply
M-1 fell 430 mln dlrs to 35.65 billion dlrs in week ended June
10, Bank of Canada said.
    M-1-A, which is M-1 plus daily interest chequable and
non-personal deposits, fell 874 mln dlrs to 79.97 billion dlrs
and M-2, which is M-1-A plus other notice and personal
fixed-term deposits, fell 952 mln dlrs to 184.45 billion dlrs.
    M-3, which is non-personal fixed term deposits and foreign
currency deposits of residents booked at chartered banks in
Canada, fell 549 mln dlrs to 225.30 billion dlrs.
    Chartered bank general loans outstanding fell 584 mln dlrs
to 127.58 billion dlrs.
    Canadian liquid plus short term assets rose 20 mln dlrs to
37.96 billion dlrs and total Canadian dollar major assets of
the chartered banks fell 753 mln dlrs to 229.05 billion dlrs.
    Chartered bank net foreign currency assets fell 92 mln dlrs
to minus 1.92 billion dlrs.
    Notes in circulation totalled 17.11 billion dlrs, up 59 mln
dlrs from the week before.
    Government cash balances rose 26 mln dlrs to 2.65 billion
dlrs in week ended June 17.
    Government securities outstanding fell 424 mln dlrs to
227.38 billion dlrs in week ended June 17, treasury bills rose
700 mln dlrs to 78.00 billion dlrs and Canada Savings Bonds
fell 121 mln dlrs to 42.45 billion dlrs.
 Reuter
