Month Billions Of Dollars 1919-12-01 7.71000 1920-01-01 8.01000 1920-02-01 8.38000 1920-03-01 8.79000 1920-04-01 8.95000 1920-05-01 9.05000 1920-06-01 9.18000 1920-07-01 9.33000 1920-08-01 9.43000 1920-09-01 9.58000 1920-10-01 9.74000 1920-11-01 9.51000 1920-12-01 9.32000 1921-01-01 9.13000 1921-02-01 8.97000 1921-03-01 8.86000 1921-04-01 8.66000 1921-05-01 8.43000 1921-06-01 8.23000 1921-07-01 8.11000 1921-08-01 8.02000 1921-09-01 8.00000 1921-10-01 7.95000 1921-11-01 7.77000 1921-12-01 7.66000 1922-01-01 7.49000 1922-02-01 7.36000 1922-03-01 7.39000 1922-04-01 7.34000 1922-05-01 7.22000 1922-06-01 7.12000 1922-07-01 7.06000 1922-08-01 7.08000 1922-09-01 7.16000 1922-10-01 7.28000 1922-11-01 7.30000 1922-12-01 7.32000 1923-01-01 7.37000 1923-02-01 7.48000 1923-03-01 7.68000 1923-04-01 7.75000 1923-05-01 7.78000 1923-06-01 7.75000 1923-07-01 7.76000 1923-08-01 7.80000 1923-09-01 7.90000 1923-10-01 7.98000 1923-11-01 7.92000 1923-12-01 7.84000 1924-01-01 7.74000 1924-02-01 7.83000 1924-03-01 7.96000 1924-04-01 7.99000 1924-05-01 7.95000 1924-06-01 7.94000 1924-07-01 7.92000 1924-08-01 8.01000 1924-09-01 8.05000 1924-10-01 8.23000 1924-11-01 8.23000 1924-12-01 8.17000 1925-01-01 8.17000 1925-02-01 8.18000 1925-03-01 8.20000 1925-04-01 8.20000 1925-05-01 8.13000 1925-06-01 8.08000 1925-07-01 8.10000 1925-08-01 8.18000 1925-09-01 8.35000 1925-10-01 8.50000 1925-11-01 8.48000 1925-12-01 8.40000 1926-01-01 8.33000 1926-02-01 8.37000 1926-03-01 8.52000 1926-04-01 8.56000 1926-05-01 8.57000 1926-06-01 8.54000 1926-07-01 8.50000 1926-08-01 8.54000 1926-09-01 8.65000 1926-10-01 8.81000 1926-11-01 8.85000 1926-12-01 8.81000 1927-01-01 8.62000 1927-02-01 8.57000 1927-03-01 8.67000 1927-04-01 8.63000 1927-05-01 8.65000 1927-06-01 8.63000 1927-07-01 8.59000 1927-08-01 8.62000 1927-09-01 8.77000 1927-10-01 8.86000 1927-11-01 8.82000 1927-12-01 8.72000 1928-01-01 8.63000 1928-02-01 8.62000 1928-03-01 8.78000 1928-04-01 8.88000 1928-05-01 8.88000 1928-06-01 8.91000 1928-07-01 8.94000 1928-08-01 9.01000 1928-09-01 9.06000 1928-10-01 9.13000 1928-11-01 9.01000 1928-12-01 9.06000 1929-01-01 8.79000 1929-02-01 8.74000 1929-03-01 8.91000 1929-04-01 9.07000 1929-05-01 9.06000 1929-06-01 9.15000 1929-07-01 9.23000 1929-08-01 9.39000 1929-09-01 9.54000 1929-10-01 9.61000 1929-11-01 9.79000 1929-12-01 9.48000 1930-01-01 9.03000 1930-02-01 8.87000 1930-03-01 8.78000 1930-04-01 8.63000 1930-05-01 8.51000 1930-06-01 8.49000 1930-07-01 8.52000 1930-08-01 8.49000 1930-09-01 8.48000 1930-10-01 8.60000 1930-11-01 8.78000 1930-12-01 8.56000 1931-01-01 8.40000 1931-02-01 8.24000 1931-03-01 8.15000 1931-04-01 8.04000 1931-05-01 7.89000 1931-06-01 7.85000 1931-07-01 7.96000 1931-08-01 7.90000 1931-09-01 7.87000 1931-10-01 7.68000 1931-11-01 7.59000 1931-12-01 7.44000 1932-01-01 7.33000 1932-02-01 7.21000 1932-03-01 6.99000 1932-04-01 6.82000 1932-05-01 6.73000 1932-06-01 6.61000 1932-07-01 6.46000 1932-08-01 6.32000 1932-09-01 6.23000 1932-10-01 6.17000 1932-11-01 6.12000 1932-12-01 6.02000 1933-01-01 5.90000 1933-02-01 5.82000 1933-03-01 4.98000 1933-04-01 4.92000 1933-05-01 5.01000 1933-06-01 5.05000 1933-07-01 5.08000 1933-08-01 5.09000 1933-09-01 5.16000 1933-10-01 5.27000 1933-11-01 5.32000 1933-12-01 5.19000 1934-01-01 5.06000 1934-02-01 5.03000 1934-03-01 4.98000 1934-04-01 4.96000 1934-05-01 4.87000 1934-06-01 4.82000 1934-07-01 4.77000 1934-08-01 4.85000 1934-09-01 5.06000 1934-10-01 5.12000 1934-11-01 5.06000 1934-12-01 4.99000 1935-01-01 4.90000 1935-02-01 4.92000 1935-03-01 4.94000 1935-04-01 4.96000 1935-05-01 4.93000 1935-06-01 4.90000 1935-07-01 4.81000 1935-08-01 4.78000 1935-09-01 4.86000 1935-10-01 4.93000 1935-11-01 4.97000 1935-12-01 4.98000 1936-01-01 4.91000 1936-02-01 4.85000 1936-03-01 4.96000 1936-04-01 5.06000 1936-05-01 5.09000 1936-06-01 5.13000 1936-07-01 5.13000 1936-08-01 5.22000 1936-09-01 5.40000 1936-10-01 5.53000 1936-11-01 5.58000 1936-12-01 5.75000 1937-01-01 5.76000 1937-02-01 5.74000 1937-03-01 5.94000 1937-04-01 6.08000 1937-05-01 6.14000 1937-06-01 6.30000 1937-07-01 6.37000 1937-08-01 6.56000 1937-09-01 6.70000 1937-10-01 6.79000 1937-11-01 6.70000 1937-12-01 6.59000 1938-01-01 6.40000 1938-02-01 6.31000 1938-03-01 6.23000 1938-04-01 6.14000 1938-05-01 5.99000 1938-06-01 5.87000