NEW YORK, July 17 (Reuters) - U.S. M-2 money supply rose by
$24.5 billion in the July 7 week to $7,698.8 billion, the
Federal Reserve said on Thursday.

The Fed said the four-week moving average of M-2 was
$7,691.1 billion vs. $7,689.3 billion in the previous week.

Following are the details of the money supply report, and
the Fed's H.3 and H.4 reports:

One week ended July 7 (billions dlrs)

Latest Change Prev week Rvsd from
M-1....1,393.0 down....5.8 vs 1,398.8.....1,399.2
M-2....7,698.8 up.....24.5 vs 7,674.3.....7,674.6
M-2 Avg 4 wks (Vs Wk ago)..7,691.1 vs ...7,689.3
Monthly aggregates (Adjusted avgs in billions)
M-1 (June vs May).........1,385.7 vs.....1,367.1
M-2 (June vs May).........7,686.7 vs.....7,688.1

Federal Reserve's H.3 and H.4 report:

Two Weeks Ended July 16 daily avgs-mlns (H.3)
Free Reserves..............-11,761* vs.rvsd...-15,734*
Bank Borrowings.............13,659 vs.........18,828
Seasonal Loans..100 vs.............86
Excess Reserves..............1,898 vs..........3,094
Required Reserves (Adj).....41,540 vs.........41,501
Required Reserves...........39,583 vs.........43,744
Total Reserves..............41,481 vs.........46,838
Non-Borrowed Reserves.....-122,177 vs.......-121,989
Monetary Base (Unadj)......846,448 vs........841,385
*Includes Primary Dealer Credit Facility and other credit
facility extensions amounts, not Term auction facility
amounts.

Two Weeks Ended July 16 daily avgs-mlns
Total Vault Cash.....rvsd...49,951 vs.........50,880
Inc Cash Equal to Req Res...32,831 vs.........36,801

One week ended July 16 (H4.1)
Bank Borrowings..........14,302**up...........1,288**
Primary Credit...........13,916 up...........1,060
Secondary Credit............279 up.............222
Seasonal Credit..............98 down.............3
Float.....-1,344 up..............17
Balances/Adjustments......7,195 vs............unch
Currency.830,117 down.........2,976
Treasury Deposits.........4,711 down...........469
Maiden Lane Net..........28,955 up..............55
**Includes Primary Dealer Credit Facility and other credit
facility extensions amounts.

One week ended July 16 - daily avgs-mlns
Fed bank credit.............888,418 up...........552
Treasuries held outright....479,004 up............79
Agencies held outright..........nil vs..........unch
Repos........111,143 down.......2,214
Other Fed assets............106,359 up.........1,328
Other Fed liabilities........45,073 up...........725
Other deposits with Fed.........278 up............24
Foreign deposits.101 up.............1
Gold stock....11,041 vs..........unch
Custody holdings..........2,347,973 down.......2,065

Factors on July 16
Bank borrowings..............16,191 vs........13,332
Float.........-2,072 vs........-1,566