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BOARD CF GOVERNORS. OF THE FEDERAL. RESERVE SYSTEM ...
DEPOSITS. RESERVES. AND BORROWINGS OF imiBER BANKS. SECOND HALF

J.l

(Averages of d a i l y figures l / . In millions of d o l l a r s )
Class of bank
and
F. R. d i s t r i c t

Gross demand deposits
InterTotal
bank
Other
90,970
11,132
79,639

Net
demand
Time
deposits deposits

2/

5/

FEE 2

1

oTRFTIMHRD

December 21, 1948

Demand
balances due
Reserves with F.R. Banks
from domestic
Total
Required
Excess
banks

28,683
7';, 604
727
5,328
19,826
19,099
All member banks
Central reserve c i t y banks:
New York
21, m
17,645
1,630
3,933
19,837
49
5,280
5,326
46
Chicago
1.056
5,234
4,179
120
4,715
955
1,297
1,304
7
Reserve c i t y banks
33,993
5,219
28,779
29,262
1.706
11,313
7.286
7,456
170
Boston
269
1,600
1,949
1,759
192
407
401
34
5
New York
568
28
561
513
293
25
137
135
2
Philadelphia
2,235
1,890
1,962
345
248
75
7
457
450
Cleveland
4,116
462
1,470
3,655
164
3,595
901
22
923
Richmond
2,100
1,762
1,818
339
16
424
93
432
447
Atlanta
2,072
1,619
453
406
1,748
119
17
432
415
Chicago
3,997
3,565
266
433
1,972
3,407
897
917
19
S t . Louis
2,125
638
1,487
101
1,795
420
7
335
427
Minneapolis
1,058
287
771
874
182
206
207
59
Kansas City
2,870
7:7
2,074
2,345
358
252
565
23
543
Dallas
2,601
598
2,003
379
2,145
256
500
534
34
San Francisco
8,285
572
7,713
2'2
Country banks
30,160
5$
925
29,235
ll'M
3,454
Boston
30
187
1,034
413
2,393
79
2,314
2,071
443
New York
60
286
844
904
4,210
W7
4,123
3,712
3,341
Philadelphia
42
442
2,234
17
2,218
1,964
198
484
1,699
Cleveland
462
2,401
20
2,331
2,08?
1,710
55
518
250
Richmond
357
35
2,186
119
2,067
1,825
370
271
392
Atlanta
375
34
301
409
2,392
1^9
2,223
2,020
692
Chicago
821
73
747
475
4,038
72
3,966
3,477
2,546
St. Louis
281
27
303
616
230
1,730
55
1,675
1,467
Minneapolis
266
30
296
189
1,533
70
1,463
1,307
753
Kansas City
42
333
375
2,310
67
2,243
1,937
311
353
Dallas
56
379
2,52:
1#
2,686
2,266
216
513
435
San Francisco
19
336
1,909
31
1,378
1,656
950
199
355
K\^T£: Demand deposits adjusted (demand deposits other than interbank and United States Govarnment, less cash items reported as in process
of c o l l e c t i o n ) of a l l member banks estimated at
71,900 million d o l l a r s .
' -"fror numbered footnotes see next page.




ill.

J. la
\

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS - ( C o n t ' d )
(Averages of d a i l y f i g u r e s . I n m i l l i o n s of d o l l a r s )

Federal
Reserve
district

Time d e p o s i t s
Demand d e p o s i t e x c e p t i n t e r b a n k
2nd h a l f
1st half
2nd h a l f 2nd h a l f 1 1st h a l f 2nd h a l f
Nov,
lQii7
'
iiov.
lQh8
1 Nov.1948 Nov. iqii7
Nov. lQliS
Nov. lQh8
Country banks i n p l a c e s w i t h p o p u l a t i o n of 15,000 and over 1 /

Total

16,815

16,872

16,005

8.7W

r 8, 799

8,481

Boston
New York
Philadelphia2/
Cleveland
Richmond
Atlanta
Chicago2/
S t . Louis
Minneapolis
Kansas C i t y
Dallas
San Franciscoj?/

1,957
3,0#
1,278
.1,333
1,151
1,558
2,259
672
630
569
1,056
1,316

1,960
3,048
1,288
1.340
1,158
1,557
2,267
676
634
574
l,0t|8
1,32)

1,919
2,936
l,iok
1,346
1,126
1,563
2,013
662
599
558
992
1,186

852
2,190
806
895
396
477
1,585
337
2v9
10U
149
650

r 857
2,216
8 lit
905
4oo
kll
1,589
340
298
105
148
650

872
2,149
743
922
4oo
491
l,4li
336
299
106
143
611

Country banks 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 15,000
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis2/
Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o

12,421

12,5 34

12.503

6f 046

6.079

6.077

357
1,08%
939
1,048
916
665
1,707
1,003
833
1,673
1,629
562

359
1,105
9k 6
1,058
930
671
1,723
1,010
813
1,683
1,61*0
565

351
1,067
937
1,056
907
672
1,754
1,030
831
1,682
1,615
602

232
1,150
893
815
474
216
962
278
453
206
66
300

235
1,165
901
817
476
216
963
280
454
2 06
65
301

235
1,165
896
828
471
213
960
283
452
205
64
305

r Revised
i f I n c l u d e s any banks 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 which have been given
p e r m i s s i o n t o c a r r y t h e same r e s e r v e s as c o u n t r y banks,
2 ! Data f o r t h e s e d i s t r i c t s a r e not e n t i r e l y comparable w i t h year ago f i g u r e s due
t o a change 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 .
F o o t n o t e s f o r preceding page ( J . 1 ) t
l / Averages 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 borrowing and of d a i l y
~~ opening f i g u r e s f o r o t h e r columns, inasmuch a s r e s e r v e s r e q u i r e d a r e based on
d e p o s i t s a t opening 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 . , gross demand d e p o s i t s
minus cash items r e p o r t e d as i n process 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.
~$J Includes some i n t e r b a n k and U. S. Government time 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 the Member Bank C a l l Report.




';V3

•J. lb
1

DEPOSITS, RESERVES, AIJDi$ftRftXm& QF MEMBER BANKS- (Cont»d)
(Averages o£ d a i l y f i g u r e s j ^ i n ^nousands'of d o l l a r s . Comparability of .
f i g u r e s i s a f f e c t e d sozhevikyi by changes in Federal Reserve membership,
absorptions, e t c . , partitifcldrly in States designated by an a s t e r i s k . )
Demand deposits except interbank,
;i
' , Tim6 deposits
2nd half
1st half
2nd half
2nd half
half 2nd half
Nov. 191*8 Nov. I9I4.8 Nov. 191*7 Nov. 191*8 Nqv. I9t*8 Nov. 191*7
Country banks i n places with population of le^s than 15,000

T o t a l , a l l States
New England
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut*
Middle Atlantic
New York
New Jersey
Pennsylvania
E,North Central
Ohio
Indiana
Illinois*
Michigan
Wisconsin
ft. North Central
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nebraska
Kansas
South A t l a n t i c
Delaware
Maryland
Virginia
Hest Virginia
North Carolina
South Carolina
Georgia
Florida
E. South Central
Kentucky
Tennessee
Alabama
Mississippi*
U. South Central
Arkansas
Louisiana
Oklahoma
Texas
Mountain
Montana
Idaho
V/yoming*
Colorado
New Mexico
Arizona
Utah
Nevada
Pacific
Washington*
Oregon
California

12.ii20.8l7
37^.727
58,278
75,00a
45,790
131,298
807
614,550
2, 291,565
750,080
538,023
1,003,1*62
2,166,031
604,670
1*29,792
931,902
306,1*08
193,259
2,011,31*2
272,711
313,723
318,660
104,355
171,1*81*
338,361*
1*92,045
1,231.371*
18,021*
152, 287
335,612
200,203
150,778
92,232
99,171
183,067
662.109
275,572
176,801
153,509
56,227
2,160,086
170,158
83,398
1*21*,055
1,1*82,1*75
• 902,205
188,072
77,81*6
109,871
21*7,663
111*, 921
1*,520
50,908
^

;

8,1*01*

h20. 378
9,812
90,633




12.G3S.73A
378.395
56,083
75,339
16,758
132,307
862
65,016
2,315,961*
765,658
5U1.162
1,009,11*1*
2.195.352
610,820
1*35,126
939,063
313,1*91
196,852
2.021*.686
275,796
3U*,607
319,278
106,662
171*, 100
339,761*
l*9l*, 1*79
1,21*8.681
18,101*
155,61*7
31*0,960
201,71*1
153.235
93,722
102,158
183,111*
669.870
280,311*
179,51*1
153,1*35
56,580
2,178,003
168,971
83,518
1*30,009
1,1*95,585
790,298
187,1*16
77,399
109,035
21*9,575
111,931
l*,l*ll*
50,161*
8,361*
1*21*. 1*09
91,1*25
91,01*5
2Li,929

12.502,651*
6.078.852
567.1x98
21*6.506
57,881*
66,811 66,906
71,807
28,1*96
27,971
1*6,661*
55,715
55,323
129,128
53,81*8
55,175
821
1,5U4
1,51*5
58,19k
38,1*69
38,322
2,290,71*9 2. 283,278 2,306,955
760,200 768,031*
733,361*
517,393 527,1*73
535,796
1,005,185
1,011,1*1*8
1,021,589
2,1*91.259 1,669,201* 1.672.131*
591,131
510,1*32 511,1*78
1*38,350
179,515 179,563
956,958
383,508 381*,1*29
307,356
361,925 362,918
191,1*61*
233,821* 233,71*6
2.062.1*77
• S 3 M 1 6 538.772
272,539
218,237 218,560
31*7,921*
93,110
93,178
318,298
72,792
70,705
101,71*0
30,156
30,360
175,106
35,291*
35,277
352,1*19
1*3,31*1
1*3,388
1*91,1*51
1*5,1*51
45,339
1.228.116
586,395 589.107
18,920
11,820
11,7*0
153,682
121,689 122,680
209,61*7 210,757
331,81*3
I89,068
82,960
82,81*1
11*8,683
1*9,831*
1*9,909
91*, 511
19,01*0
19,01*5
100,621*
29,529
29,109
187,785
62,1*97
62,1*55
665.009
157,199 157.103.
278,973
1*6,278
1*6,273
179,229
62,375
62,369
152,988
36,588
36,1*95
53,811*
11,969
2.151 r 1157
.11*3,872 a
.
171,612
29,783
29,822
27,376
27,1*22
82,1*99
31*,1*18
1*25,181*
31*, 1*08
52,256
1,1*72,162
51,206
,790.705
. 183,030 182.6/i 3
181*,1*25
1*1,680
1*1,1*73
81*,251
16,867
16,777
22,213
96,708
22,336
251,1*00
49,10t*
1*9,056
12, 230
111,517
12,209
1.168
U.813
1,163
1*8,781*
31*, 102
34,015
8,807
5.61*5
21i2.q23_
1*55-581*
98,125
41,767
1*1,706
91,602
28,031
28,232
265.657
172,973. 172.QR5

6.076.611
.21*5.769
67,553
29,012
56,79k
55,877
1,529
35, od*
2.320.1*12
767,691*
529,21*0
1,023,1*78
1.669.192
505,335
175,530
381*, 397
37l,o!*5
232,885
535.126
217,1*31*
95,363
68,91*5
28,652
35,1*21*
1*1*, 039
1*5,269
581*. 195
11,899
125,753
203,758
81,753
51,11*2
18,280
29,776
61,831*
15.3,0921*5,1*69
61,903
35,760
28,260
27.905
33.no
50,689
1*1,006
17,21*1
20,997
1*9,71*1*
12,1*1*9
932
33,701
5,532
f%,7,%
1*2,757
28,266
176,236