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IWEAUCH DEPARTMENT
BQ&RD OF GOVERNORS OF THE FEDBR.iL REtiEH T
rs
J.l

G l a s s of b a n k
and
F . R. d i s t r i c t
A l l member b a n k s

."J

AUG

5 1948

DEPOSITS, RESERVES. AND BORROWINGS OF i.EilBER BANKS. I IftflgEHA&F CP' JgfcY &L8
( A v e r a g e s of d a i l y f i g u r e s l / . I n m i l l i o n
Gross demand d e p o s i t s
"InterTotal
bank
Other

Net
demand
deposits
2/

Time
deposits
3/

Demand
b a l a n c e s due R e s e r v e s w i t h F . R; Banks
from domestic
Total Required

88,161 1 0 , 8 9 5
77.267
28,823
77,067
Central reserve c i t y banks:
New York
21,31*6
19,660
1,681*
1
7
,
3
5
2
3,993
Chicago
1,091*
5,05%
1,51*7
3,957
91*8
Reserve c i t y banks
32,683
28,115
27.730
11,311
k.953
Boston
1,883
27I*
1,609
1,708
192
New York
26
51*9
523
1*77
300
Philadelphia
2,1U5
1,796
31*9
1,883
235
Cleveland
1*62
3,921*
3,1*62
1,1*21
3,1*37
Richmond
2,059
311
1,71*7
1,778
1*30
Atlanta
1,990
1*03
1,586
1,680
1*06
Chicago
1*1*6
3,890
3,1*1*5
3;329
1,997
S t . Louis
1,90k
51*6
1,613
1,358
335
i-dnneapolis
1,0)0
279
752
81*5
179
Kansas C i t y
2,751
1,968
2,238
783
358
Dallas.
2,11*8
2,000
531
1,917
376
San F r a n c i s c o
8,110
51*2
7,568
7,126
5,081*
Country banks
28.228
855
29 >08?
21*. 71*5
ll*.381
Boston
2,316
2,228
87
2,004
1,097
New York
2*, 010
1,096
87
3,571*
3,379
P h i letde l p h i a
2,167
16
2,152
1,886
1,718
Cleveland
21*
2,39k
2,065
2,3#
1,735
Richmond
112
2,053
1,91*1
1,701*
865
Atlanta .
2,31*6
151*
2,191
1,971*
703
Chicago
3,936
3,871
2,551
3,351*
S t . Louis
1,656
1,610
S
1,1*17
613
Minneapolis
1,1*11*
61
1,201
1,353
71*6
Kansas c i t y
2,220
62
2,157
1,81*0
308
Dallas
111
2,631*
2,523
2,139
213
San F r a n c i s c o
1,851
28
1,822
1,586
952
ROTEt Demand d e p o s i t s a d j u s t e d (demand d e p o s i t s o t h e r t h a n i n t e r b a n k and U n i t e d S t a t e s
of c o l l e c t i o n ) of a l l member b a n k s e s t i m a t e d a t 7 0 , 1 0 0 m i l l i o n d o l l a r s .
'"*'xr numbered f o o t n o t e s s e e n e x t p a g e .




- ''

5,1*1*0

17,1*81

16,626

851*

1*3
H*i
1,806

1*,837
1,153
6,551*
365
117
395
810
1*01

1*,819
1,11*8
6,302

17
5
253
11
3
1*
36
20
31*
32
H*
5
21*
38
30

33
25
1 :
106
130
281

%

266
279
283

39k

817
356
185
1*93
1*61

1,760

353
113
391
773
381

360
786

31*3
180
1*69
1*23
1,730

Borrowings
at Federal
Reserve
Banks

120

35
2
1
2

6
2
2

6
5

3
1
5
29
3
10
3

.V956 . _ W 5 1 _
31*6
383
703
787
2
1*12
367
1*5
2
1*52
393
290
3
2
318
308
35
710
623
88
1
1*98
208
2
265
30
235
180
21*3
213
322
276
8
359
312
51
1*53
363
208
306
27
279
Government, l e s s c a s h i t e m s r e p o r t e d u s i n p r o c e s s

2,459 ,
181
309
212
265
270

8

/ZlL(

J. la
DEPOSITS, RESERVES, AMD BORROWINGS OF I.1EHBBR BAITKS - ( C o n t ' d )
( A v e r a g e s of d a i l y f i g u e s . I n

Federal
Reserve
district

millions

of d o l l a r s )

Time d e p o s i t s
Demand d e p o s i t s e x c e p t i n t e r b a n k )
1st half
2nd h a l f
1st half
2nd h a l f
3 h a l f
1st half
c
June IqIiB J u l y lQk7
J u l y I9k8
June I9J18
J u l y 1 )Il7 J u l y lQk8
C o u n t r y b a n k s i n p l a c e s w i t h p o p u l a t i o n of 1 5 , 0 0 0 and o v e r l /

Total
Boston
Hew York
1
Philadelphia 2/
Cleveland
|
Ric.'imond
Atlanta
CUcago 2 /
S t . Louis
Ldnneapolis
Kansas C i t y
Dallas
,
San F r a n c i s co2 (

16,313

16,297

r15,117

1,889
2,972
l,2k3
1,318
1,085
1,530
2,187
6k9
587
565
l.OCi,

1,893
2,988
1,239
1,32k
1,077
1,529
2,182
6k5

1,830
2,825
1,060
1,283

580

558
1,010
1,271

i,ok3

l,k9%
rl,885
6l6
5k3
517
89k
1,123

j

8,82k

8,018

r8.k62

866
2,219
818
910
398

865
2,216
81k
9lk
398

882
2,168
7k6
919
397

1,591
337
296
105
lk8

1,589
331
295
10k
lk7
6k9

rl,393
333
293
105
lkl
598

k86

651

k89

k%7

C o u n t r y b a n k s i n o l a c e s w i t h pop; i l a t i o n of l e s s t h a n 1 5 , 0 0 0
Total
Boston
New York
Philadelphia
Cleveland
^ic'inond
Atlanta
Chicago
S t , Louis 2 /
Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o

11,915

11,772

r11,612

6,057

3)9

329
1,010
902
i,0$9

330
1,006

;o8
1,051

1,160

662
1,68k
961

658
1,667
950

1,038
856

766
1,%2

8hl

1,519

75k
1,571
l,5H

5)9

532

882

1,033
838

Chi

r l , 6k 5
960
728
1,55k
1,1436
55k

232

901

825

k&l

217
960
275
U50
20k
65
300

6,0k7

r6,003

230

233
1,157
892
82k

1,155
899

823
k?o

217
959
275

kk9
203

65

300

U68

21k
r93k
279
k38
200
63

302

r Revised.
l / I n c l u d e s a n y b a n k s i n o u t l y i n g s e c t i o n s of r e s e r v e c i t i e s w!iich h a v e b e e n g i v e n
permission t o c a r r y t h e sane r e s e r v e s as country banks.
2 / Data f o r t h e s e d i s t r i c t s a r e n o t e n t i r e l y c o m p a r a b l e w i t h y e a r ago f i g u r e s due
™~
t o a c h a n g e i n t h e r e s e r v e c l a s s i f i c a t i o n of c i t i e s or i n d i v i d u a l b a n k s .
Footnotes f o r preceding pa-e ( J . 1):
1 / A v e r a g e s of d a i l y c l o s i n g f i g u r e s f o r r e s e r v e s and b o r r o w i n g s and of d a i l y
o p e n i n g f i g u r e s f o r o t h e r c o l u m n s , i n a s m u c h as r e s e r v e s r e q u i r e d a r e b a s e d on
d e p o s i t s a t o p e n i n g of b u s i n e s s ,
2 / Demand d e p o s i t s s u b j e c t t o r e s e r v e r e q u i r e m e n t s , i . e . , g r o s s demand d e n o s i t s
minus c a s h i t e m s r e p o r t e d a s i n p r o c e s s of c o l l e c t i o n and demand b a l a n c e s due
from domestic banks.
3 / I n c l u d e s some i n t e r b a n k and U . o , Government t i m e d e p o s i t s ; t h e amounts on c a l l
r e p o r t d a t e s a r e shown i n t h e 1 [ember Bank C a l l R e p o r t .




J.lb
__
L

DEPOSITS, BEoEhVES, AND BORRCF/iNGS OF MEMBER BANKS - ( C o n t ' d )
( A v e r a g e s of d a i l y f i g u r e s ; i n t h o u s a n d s of d o l l a r s . C o m p a r a b i l i t y of
f i g u r e s i s a f f e c t e d somewhat b y c h a n g e s i n F e d e r a l R e s e r v e m e m b e r s h i p ,
a b s o r p t i o n s , e t c , , p a r t i c u l a r l y i n S t a t e s d e s i g n a t e d by an a s t e r i s k . )
Time d e p o s i t s
Demand d e p o s i t s e x c e p t i n t e r b a n k
1st half
1st half
1 s t h a l f 2nd h a l f
1st half
2nd h a l f
J u l y 1948 June iglx8
J u l y 1947 J u l y 1948 June 191x8 J u l y 1947
C o u n t r y b a n k s i n p l a c e s w i t h p o p u l a t i o n of l e s s t h a n 1 5 , 0 0 0

Total,all States
New E n g l a n d
Maine
New Hampshire
Vermont
Massachusetts
Rhode I s l a n d
Connecticut
Middle A t l a n t i c
New York
New J e r s e y
Pennsylvania
E.North Central
Ohio
Indiana
Illinois*
Michigan
Wisconsin
W.North C e n t r a l
Minnesota
Mi s s o u r i
N o r t h Dakota
South Dakota
Nebraska
Kansas
South A t l a n t i c
Delaware
Maryland
Virginia
Y.est V i r g i n i a
North Carolina
South Carolina
Georgia
Florida
E,South Central
Kentucky
Tennessee
Alabama
Mississippi*
W,South C e n t r a l
Arkansas
Louisiana
Oklahoma
Texas
Mountain
Lontana
Idaho
Wyoming
Colorado
New Mexico
Arizona
Utah
Nevada*
Pacific
Washington
Oregon
California

11.915.31L 1 1 , 7 7 1 , 8 9 2 r l l , 612, Oil; 1 6 , 0 5 6 , 8 3 0
356.286

346.239
56,278
70,798
13,509

57,590
72,899
45,6lix
116,810
120,321
860
815
59,0^7
57,98b
2.227,31x1 2 . 1 8 7 . 5 0 7

717,101

694,549

508,558
1498,290
1,001,682
994,668
2.1x17.620 2 . 3 ) 0 . 2 %
587,677
592,901
414,128
411,539
911,881
901,701
298,056
300,519
198,191
191,259
1.938.064 1.911.273
260,019
264,290
316,576
313,3#

305,866
91,086

301,231
89,126

153,300
156,194
326,706
331,765
467,529
472,287
1.177.755 1.167.396
17,920
18,104
150,108
149,893
307,631
312,81x9
188,584
187,822
133,131
137,070
82,030
82,710
93,072
94,448
1
94,920
194,859
642.719
648,470
278,186 2 7 5 , 4 8 7
176,444
179,189
140,159
140,410
50,629
50,685
2
.
0
22,085
2.035.81x0
152,322
152,475
80,917
80,795
407,556
413,749
1,388,821 1 , 3 8 1 , 2 9 0
703.478
706.277
157,626
157,407
73,405
73,143
88,314
87,390
229,684
229,989
98,364
99,486
4,01x7
4,013
45,199
45,489
7,982
8,217
400.963
407,691
85,913
87,050
8lx,86l
86,324
2.34,317 2 3 0 . 1 8 9

r Revised



31x6.431
53,805
72,651
15,227
117,711
777
56,257
2,179,948
697,670
493,488
988,790
r2.342.605
571,568
404,299
889,379
r287,680
189,679
1,903,239
21x7,881
327,825
302,21x7
83,432
149,807
331,560
460,1x87
1.158.332
17,753
146,819
314,229
173,116
133,248
84,444
94,113
194,610

633.122

271,853
178,518
137,160
45,551
1.950.661x
154,293
75,792
1x09,605
1,310,974
682.395
152,914
73,743
75,745
219,263
96,20k

4,o66

42,542
17,918
415.278
,333
82,1x21
244.52lx

21x3.094

66,850
28,594
55,753
55,149

1,522

35,226
2.316.609
761,409
527,621
1,027,579
1.659.636
504,781
177,109
382,044
361x,44l

231,261
533,130

216,701
93,939

69,821
29,373
35,120
43,351
44,825
580,802

11,823

120,558
205,891
81,448
49,883
18,704
29,854
62,641
157.355
46,281
62,031
37,012
12,031
11x2 . 558
29,323
27,905
33,758
51,572
181.21x6
40,794

16,702

21,545
48,898
11,989

1,181

34,514
5,623
2)i2 JiOO
41,216
27,764
173,42p

6,046,974

r6,003,387

211.876
65,992
28,525
55,811
54,386

21x3.796
66,81x6
28,839
56,815
55,514
1,516
34,266
2,312.709
758,110
529,045
1,025,554
r l , 627,656
496,707
170,243
373,085
r359,005

1,528

35,634
2.309.388
758,479
525,560
1,025,349
1.656.1x83
503,767
177,063
380,958
364,055
230,640
532.887
216,1x07
94,065
69,778

%2,349

35,130
43,344
44,814
582,957
11,752
122,91x6

228,616
520,012

211,479
93,621
67,448
27,073
33,540
42,914
43,937
581.262

11,858

I2lx,4l8

205,182
82,620

202,661
81,188

50,007
is,599
29,947
62,904

51,421
17,840
29,744

156,8'

46,085

62,070

36,713

12,000

11x2.1x98
29,317
27,956
33,747
51,478
130.861
40,738
16,742
21,612
49,027
11,528
1,172
34,460
5,582
21x2.156

41,120

27,554
173.482

62,132

154,834
46,183

62,821;

35,694
10,133
138.870
28,814
27,746
32,68lx
49,626
182,273
40,051
16,891
20,450
49,190
12,196
911
33,177
9,407
21x1.975
41,423
27,347
173,205