OTHER NEWS - May 12, 1995
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<i> Times Staff and Wire Reports</i>
Money Supply Mixed: The Federal Reserve Board said the measure known as M2 rose in the week ended May 1 to a seasonally adjusted $3,652.1 billion, up $5.3 billion from a revised $3,646.8 billion the week before. An even broader measure, M3, rose $11 billion to $4,393.5 billion from $4,382.5 billion. The narrowest measure of the money supply, M1, fell to $1,149.5 billion, down $300 million from $1,149.8 billion. M1 includes cash in circulation, deposits in checking accounts and non-bank traveler’s checks.
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