Appendix

Summary

A. Aggregate supply and rate of use of generally acceptable means of payment.

1. Currency, by type (including separately gold stock) and, perhaps, by denomination.

2. Deposits subject to check less duplications (for earlier periods may not be possible to separate time deposits or to correct fully for duplications). For both 1 and 2, kept separately in hands of (a) public, (b) banks, (c) Treasury. Want also total, per capita, and per capita in constant dollars.

3. Minor forms of circulating media: special bringing together of data on volume of substitutes for ordinary forms of currency in panic periods, as well as of such minor forms of circulating media as postal money orders, traveler's checks, etc. Purpose here is not to get any comprehensive series by months or years over a long period of time, but rather to get some rough indications of the importance of those items, which in general, it will be necessary to neglect.

4. Bank clearings, and bank debits, and derived velocity figures of deposits.

5. National income figures, and derived “income velocity” figures.

B. Aggregate supply of assets easily marketable at virtually fixed nominal prices.

1. Circulating medium (currency plus demand deposits, A 1 & 2).

2. Time deposits.

3. Federal obligations other than those included in B 1. Want separately in hands of (a) public, (b) banks, (c) Federal government; and short term vs. long term.

4. Cash surrender value, life insurance policies.

5. Deposits of public with brokers.

6. […]