View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

J.l
Class of bank
and
F . R. d i s t r i c t

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, SECOND HALF OF MARCH, 1949
(Averages of daily f i g u r e s 1 / . In millions of d o l l a r s )
Grossi demand deposits""
Net
Reserves with
Demand
Time
demand
Interbalances due
Total
deposits
Other
Required
deposits
bank
from domestic Total
1/
2/
banks
. .10*105..- 77,151
19,286
2QJLS1
77,M6
.2.9,05k.
1,777

April 20, 191*9
Panics
Excess

Borrowings
a t Federal
Reserve
Banks
.193..

All member .banks
OiL.
Central reserve c i t y banlc;
ilex; York
20,799
3,718
17.051
1,661*
19,258
26
1*9
5,132
5,157
Chicago
2*,806
978
1,016
3,829
1,216
1,227
11
It,383
95
Reserve c i t y banks
32.61*1
J * . 639- 28.002
JJL51Q,576
OL££l.
7,136. - 1 2 a Boston
1,902
255
1,61*7
188
1,71*0
1*02
1
397
5
lieu York
28
589
286
561
521*
2
t
1
137
139
Philadelphia
2,181
327
1,85k
232
61*
1,91*8
1*1*6
1
1*1*9
3
Cleveland
1*1*2
3,990
3,51*8
11*7
3,51*2
1,519
906
13
893
9
Richmond
2,075
290
1,821
1,781*
1*2&
10
1*32
2*2*3
9
Atlanta
2,080
131
1*11*
l,&9
2*20
16
1,769
1*36
3
Chicago
3.912
2,010
3,516
395
3,367
257
891
6
23
915
S t . Louis
1,985
556
1,1*29
1*01
1,709
1*07
6
339
5
Minneapolis
971*
23L
181*
71*0
827
2
1
198
196
hi
Kansas City
2,70k
691
2,013
2,21*9
361
522
233
11
531*
13
Dallas
2,li)k
1*76
223
1,958
18
1*78
2,039
391
1*96
5
San Francisco
7,816
5lh
7,302
22*7
1,922
6,976
5,163
l,9kl
19
3
Country banks
..29,090 ..
2fl
.
-1W63
^rO-57--5A55U
Boston
2,293
85
2,207
2,023
158
1*01*
1,075
1*27
23
3
Mew York
**,069
262
86
3,983
3,361
12
3,637
831*
63
897
Philadelphia
2,138
17
2,122
1,881
1,708
1*0
19h
1*29
1*69
5
Cleveland
2,371
19
2,352
2,068
1,727
250
1*60
1
517
56
Richmond
2,077
101
1,977
881*
1,768
2
235
381*
31*9
Atlanta
2,168
160
2,308
688
2,092
1*22
1
309
386
36
Chicago
3.913
60
3,853
3,1*16
1*25
813
1
2,559
739
75
S t . Louis
1,671
1*5
1,625
1,1*1*8
22
623
198
300
278
1
Minneapolis
1,1*05
5L
1,351
1,230
22*
12*9
278
756
1
253
Kansas City
2,223
58
2,165
2
301
311
328
1,905
366
37
Dallas
221
105
2,570
.
2,238
San Francisco
k
III
NOTEt Demand deposits adjusted (demand deposits other than interbank and United S t a t e s Government,9 l e s s cashA items reported as in process
of c o l l e c t i o n ) of a l l member banks estimated a t 69,350 million d o l l a r s .

3

at

5:81

For numbered footnotes see next page.




\f

J.la

DEPOSITS,, RESERVES,,AND BORROWINGS OF MEMBER BANKS - (Cont'd)
(Averages of daily f i g u r e s . In millions of dollars)

Federal
Reserve
district
Total
Boston
New York
Philadelphia 2/
Cleveland
~~
Richmond
Atlanta
Chicago
S t . Louis 3/
Minneapolis
Kansas City
Dallas
San Francisco
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis 3 /
Minneapolis
Kansas City
Dallas
San Francisco

Time deposits
Demand deposits except interbank
2nd half 1st half 2nd half
2nd half
2nd half
1st half
Mar. 19U9 Mar. 19k9 Mar. 19k8 Mar. 19k9 Mar. 19k9 Mar. 19k8
Country banks in places with population of 15,000 and over 1 /
8,783
8,797
8,782
. 16,113
rl6,012
16,175
1,876
2,960
1,221
1,325
1,123
1,613
2,210
637
59 0
56k
1,038
1,25k
Country banks

87k
8k 3
1,877
l,8kk
8kk
2,211
2,206
2,208
2,970
2,90k
8 08
7k 7
1,082
1,219
811
90k
915
906
1,325
1,315
k03
396
1,090
1,129
k05
k91
k70
k68
1,62k
1,577
1,586
1,601
1,599
2, 230
2,151
r
623
338
6k2
337
339
298
301
302
570
596
10k
10k
10k
570
539
lk7
152
lk9
1,00k
l,0k3
678
657
656
l,2k8
1,313
in places with population of l e s s than 15 ,000

11,857

12,038

r11,9k3

6,066

6,06k

6,065

331
1,023
898
1,027
85k
695
l,6hk
988
762
1,601
1,533
502

33k
l,0ul
901
1,038
875
702
1,672
1,00k
77k
1,63k
1,552
510

326
99k
898
i,ok5
870
685
1,698
r 989
766
l,58k
1,536
552

231
1,152
896
820
k79
220
959
28k
k55
207
69
29k

232
1,151
896
820
k79
219
959
283
k55
207
•68
29k

232
1,155
898
826
k73
217
961
275
k52
20k
66
305

r Revised
1 / Includes any banks in outlying sections of reserve c i t i e s which have been given
~~
permission t o carry the same reserves as country banks.
2/ Data f o r t h i s d i s t r i c t are not e n t i r e l y comparable with year ago f i g u r e s due t o
a change in the reserve c l a s s i f i c a t i o n of individual banks.
3 / Revised f i g u r e s f o r Arkansas: January 19k8 - February 19k9 f i g u r e s f o r country
banks in small and large centers are being revised, increasing small centers
(Arkansas about 8 per cent and S t . Louis D i s t r i c t about 1 per cent) and decreasing l a r g e r centers (St. Louis D i s t r i c t about 2 per c e n t ) . April 19k6 December 19k7 f i g u r e s have not been revised, but are incorrect by about the
same percentage.
Footnotes f o r preceding page ( J . l ) :
1 / Averages of daily closing f i g u r e s f o r reserves and borrowings and of daily
opening f i g u r e s f o r other columns, inasmuch as reserves required are based
on deposits a t opening of business.
2/ Demand deposits subject t o reserve requirements, i . e . , gross demand deposits
minus cash items reported as in process of collection and demand balances due
from domestic banks.
3 / Includes some interbank and U. S. Government time deposits; the amounts on c a l l
report dates are shown in the Member Bank Call Report.




I

DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS - (Cont'd)
(Averages of daily figures; in thousands of dollars. Comparability of
figures is affected somewhat by changes in Federal Reserve membership*
absorptions, e t c . , particularly in States designated by an asterisk.)
Time deposits
Demand deposits except interbank
2nd half
2nd half
1st half 2nd half
1st half
2nd half
Mar. 1949 Har. 1919 Mar. 1948 Mar. 1949 Mar. 1949 Mar. 1948
Country banks in places v.lth population of less than 1$,000
Total, a l l States 11*85^709 12,037,936 rll,942,952 6,066,047 6,063,819 6,065,393
New England
348,851
351,296
343,U51
242,892
243,164 21+3,507
66,412
66,766
66,508
Maine
57,921
56,255
58,401
66, =26
27,910
New Hampshire
27,890
67,664
68,823
28,645
Vermont
4l,46l
42,212
56,362
42,532
55.655
55,819
52,766
Massachusetts
120,716
117,265
54,411
52,850
119,507
1,526
Rhode Island
1,556
1,534
971
941
945
62,011
38,623
61,812
Connecticut*
38,563
57,635
35,745
,177,615 2, 201,853 2,168,065 2,291,781 2, 288,938 2,309,221
Middle Atlantic
T&TZT
Mew York
701,531
719,191
681,784
757,473
521.767
New Jersey
508,424
511,232
498,385
521,526 525,975
Pennsylvania
967,660
971,430
987,896 1,011,287 1,009,939 1,024,182
E. North Central 2.J51,586 2,383,463 2,394,664 1.669,319 1,670,484 1,661,041
Ohio
5U,l£9
591,344
587,026
512,237 506,277
585,5^4
Indiana
178,949 177,205
408,798
178,998
415,757
400,949
387,708 379,608
902,152
Illinois
887,941
876,421
387,905
Michigan
361,296 367,147
361,164.
298,463
295,324
294,705
Wisconsin
230,294 230,804
196,917
195,887
229,763
192,285
W. North Central 1,951,1
1,987,914 1,964,921
539,791 535,458
539,863
Minnesota
220,439 217,73%
*55,672
220,017
257,053
252,783
Iowa
94,906
91,963
326,148
91,888
338,548
319,032
Missouri
72,768
319,160
69,093
309,249
73.059
311*. 95k
North Dakota
29,656
90,126
30,364
92,251
30,887
90,890
South Dakota
161,040
35, 702
35,740
158,020
160,744
35.640
Nebraska
43.066
43,180
337,277
43,543
331,643
337,175
Kansas
496,366
472,026
44,782
484,366
45,306
45,375
South Atlantic
590,156
589,583 587,025
1,199,706 1,221,498 1,204,826
11,603
Delaware
11,788
11,728
16,909
17,171
16,854
Maryland
120,173 124,306
150,422
150,387
147,877
119,959
Virginia
215,639 205,680
314,836
318,848
215,975
322,035
West Virginia
82,912
83,874
191,004
83,850
193,565
190,550
North Carolina
137,608
50,831
1*9,330
130,873
49,378
136,38$
South Carolina
85,820
83,651
18,701
18,985
18,987
87,095
Georgia
92,81*1
28,935
28,813
94,718
95,872
29,994
222,264
Florida
61,394
61,036
62,813
208,029
220,456
E. South Central
671,612
164,348
688,401
163,772 156,309
676,495
Kentucky
48,101
46,038
302,301
296,162
1*7,673
293,395
Tennessee
66,599
180,610
63,061
66,469
181,591
184,373
57,667
Alabama
148,108
143,095
144,204
37,636
36,053
Mississippi#
11,981
56,401
11,994
11,157
51,512
51,756
W. South Central 2,051,154 2,080,348 r 2,053,275
148,132
147,301 143,346
Ark.T-sasJl7
30,801
30,769
171,846
175,701 r
"29733B
173,335
Lou ...v'.aaa
27,662
85,646
28,246
83,146
27,928
84,432
Okl :hcma
396,806
407,989
33,663
#,548
55, UO
398,632
Texas
53,290
52,099
54,025
,394,755 1,411,012 1,401,477
Mountain
185,426 183,700
720,989
748,349
184,914
2 3 4'*,980
/
Mor.-'.Jjia
41,00$
171,292
163,518
42,079
41,821
169/
169,083
Idaho
17,169
17,204
79,087
75,673
17,153
74,313
V/yoning*
22,428
21,160
86,398
22,285
97,913
95,164
Colorado
232,704
235,730
232,672
49,767
49,242
49,455
Hev/ Mexico
108,225
12,604
12,580
102,343
12,489
105,316
Arizona
1.214
1,182
4,178
3,901
1,194
1*, 370
Utah
46,008
47,227
35,067
44,995
34,979
#,232
Nevada
8,111
8,043
5,661
5,528
5,542
8,054
Pacific
416,266
374,814
234,642
235,360 245,786
369,717
"Washington*
*85,408 ~ESV6olT
40,865
41,046 U27T5F92/737
Oregon*
26,272
74 ; 4l6
86,247
73»6?6
26,334
27,973
California
210,633
167,505
214r594
167,980 175,659
237,252
r / Revised
3/ For footnote see page J . l a .