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; j.l Class of bank and t'.R. d i s t r i c t j j BOARD OF GOVERNORS OF THE FEDERAL RESEhVB SYSTEM February 1 9 , I 9 U 8 DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, SECOND BiLF OF JANUARY, I9I48 (Averages of d a i l y f i g u r e s l / . In m i l l i o n s of d o l l a r s ) Borrowings Demand Net at Federal Reserves w i t h F. R. Banks b a l a n c e s due Time Gross demand d e p o s i t s demand Reserve from domestic deposits deposits InterExcess Banks T o t a l Required banks Other 2/ bank Total 3/ A l l member banks 17.233 16.300 91,726 11.797 28.2x12 79.930 80.L70 5.699 C e n t r a l r e s e r v e c i t y banks 1 New York 18,60U l*,3(2 a , 171 14,386 21,071* 22,771 1,1*59 57 Chicago 1,011* il*l* 1,017 1,157 1,156 1**798 5.31U 915 Reserve c i t y banks 6,866 6,610 28,829 1,8140 29,61L 11, W7 5,361* 3hA9h Boston 1,710 285 1,823 196 376 1,996 389 33 New York 121 26 119 302 29 501* 5Ut 57^ Philadelphia 2,016 2I4I 81* 1*1*3 1*31* 2,367 2,097 351 Cleveland It, 0 0 0 171* 788 8U7 3,522 185 3,515 1,395 Richmond 111 1,806 I4OI 2,1148 1417 1,871* 312 1*39 Atlanta I402 2,078 1,605 131* 1,751 1*09 173 375 Chicago 1*71 867 827 2,1147 14,089 3,617 3,1*91 315 b t . Louis 2,021 616 1,1*014 1,727 372 96 323 365 Minneapolis 181 61 186 1,036 189 298 738 875 Kansas C i t y 2,011 1*88 2,863 852 269 508 2,330 363 Dallas 1*61 2,522 600 2,088 1,922 215 350 1*39 San F r a n c i s c o 1,012 1,851 8,500 5,101 560 7,91*0 7,531 293 Country banks 1, loll 28,31*1 1*,961* 21*: 985 It, 373 H*, 591 3,658 29.LL5 Boston 2,202 1,106 132 2,029 19I* 381 350 2,335 New York 1,076 300 701* 91 785 3,985 3,356 3,593 Philadelphia 16 2,001 2,017 1,638 189 31*6 1,773 393 Cleveland 21 1*51 287 2,372 2,0l*S 1,731* 391 2,39k Richmond 132 2,003 2,135 l,7& 296 869 31*3 299 Atlanta 186 2,162 2,276 2,0W 368 706 329 353 Chicago 601 696 3,813 77 3,767 3,273 2,373 505 S t . Louis 1,821 129 1,692 62) 280 1,5% 21*1 252 Minneapolis 1,1*66 182 252 220 1,21*5 Ik 1,393 753 Kansas C i t y 2,223 286 2,295 362 329 73 1,913 309 Dallas 2,200 2,788 2,6140 lie 208 382 321 5l*U San F r a n c i s c o 20I* 1,813 1 271* 1,787 303 1,566! 917 26 NOTE* 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 than i n t e r b a n k and United S t a t e s Government, l e s s cash items , of c o l l e c t i o n ) of a l l member banks e s t i m a t e d a t 73,1450 m i l l i o n s . For ^timbered f o o t n o t e s see n e x t pa%e. o33 151 11 81* 7 3 256 91* 1 13 2 2 1 9 6 58 16 10 27 13 1*0 ll* 8 7 3 5 22 20 10 23 38 3 1*0 590 1* 31 80 17 1*6 5 60 3 1 1*5 1*0 1 95 6 27 1 33 1 1*3 62 29 — r e p o r t e d as i n p r o c e s s J. la DEPOSITS, JfooERVBS, AND BOhRCPilMGS OF MEllBaR BANKS - ( C o n t ' d ) (Averages of d a i l y f i g u r e s . In thousands of d o l l a r s ) Federal Reserve district Demand d e p o s i t s 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 Jan.I9k8 Jan.lQkS Jan.19k7 Time d e p o s i t s 2nd h a l f Jan.lQk8 1st half Jan.I9k8 2nd h a l f Jan.lQk7 Country banks l / 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 Total Boston Hew York Philadelphia Cleveland Richmond Atlanta Chicago Str Louis Minneapolis Kansas C i t y Dallas San F r a n c i s c o 15,957,661 16,125.137 1,861,925 2.956,919 1,099,116 1,317,939 1,105,083 1,581,925 2,007,751 651,911 590,251 556,835 1,021^,388 1,200,615 1,91k,312 2,961,919 1,127,758 1,336,935 1,11k, 718 l,590,8k0 2,017,719 670,115 6CU,039 560,796 1,016,732 1,209,19U 15.k80.096 | 8.512.538 8 . 5 0 3 . 8 % 8.27k.007 1,866,118 869,650 873,082 2,82k,798 2,195,671 2 , 1 9 0 , 3 6 6 7kO,868 1,105,279 7k2,550 1,328.990 910,71k 910,702 1,088,857 39k,569 395,962 l,562,k72 k88,673 k89,279 1,923,253 I , k l 0 , k 9 0 l , k l 2 , 3 9 U 605,232 336,221 336,336 557,607 299,791 298,989 105,k60 516,089 105,162 lkl,950 908,657 lk3,351 613,088 1,192,76k 611,079 87k; ,5k9 2,130, ,637 725; ,759 902, ,873 ,060 r9'Jk83: k98 1,328, ,970 315, 328 287, 56k 10k, 037 123 j k97 6 0 I j 235 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 than 15,000 Total 12,382,861 l £ , k 9 7 , 1 8 2 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t e Louis Minneapolis Kansas C i t y Dallas San F r a n c i s c o 3k0,57k 1,028,203 901,928 l,05k,kko 897,920 690,580 1,758,929 l,0k0,26l 802,367 1,665,898 1,615,605 586,156 3k6,331 1,052.832 918,167 1,059; 871 907,267 699,873 1,765,178 1,053,018 8ll,llk 1,682.. 569 l,62iskl5 599,5k7 11,987,lk8 6.078.k2o 6,078,92k 232,910 3k2,536 1 , 0 2 3 , 8 1 9 1,160, lk8 90k,90k 895,375 1,05k,983 823,539 895,619 k72,871 68S',599 216,313 1,652,oo6 962,k69 1,010; 25k 286,298 7k5,k82 k5k,k63 1,583>U98 203,601 l,kk9,903 6k,311 60k,kk5 306,122 232,789 .,160,655 893,560 822,356 k72.oi:65 216,082 962,901 235,772 k5k,661 2ok,566 66.70k 306,k33 5,860.216 229,592 1,133,382 867,2kl 805,902 k59,356 207,0lk 912,815 265,521 k25,385 195,k05 56,389 302,21k l / 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 permission 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, AH r e s e r v e c i t i e s have a p o p u l a t i o n of more t h a n 15,000. Footnotes f o r p r e c e d i n g page ( J . l ) ; 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 borrowings 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 as 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 0 3 / 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 •report d a t e s a r e shown i n the Member Bank C a l l R e p o r t , | I 1*3 J.lb 1^} DEPOSITS, RESERVES, AND BORROWINGS OF JE,3ER BANKS - (Cont'd) (Averages of daily f i g u r e s ; in thousands 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 somewhat by changes in Federal Reserve membership, absorptions, e t c . , p a r t i c u l a r l y in States designated by an a s t e r i s k . ) T o t a l , a l l States 12.582.861 12,1+97,182 Mew England 558.605 363,801 Maine 55,037 57,306 New Hampshire 72,191 71,002 Vermont* 44, 511 1*5,037 Massachusetts 125,681 127,061 Rhode Island 884 865 Connecticut 60,299 59 , 533 2,202,026 2,227,177 Middle A t l a n t i c New York 705,142 707,73a New Jersey 520,190 513,198 Pennsylvania 983,686 999,553 E. North Central 2,177,800 2,192, Ohio 595,661 587,779 Indiana 130,321 435,849 Illinois 956,708 953,958 Michigan 307,950 307,049 Wisconsin 197,621 197,792 North Central 2,062,721 2,083,803 Minnesota 262,958 259,370 Iowa 353,710 349,717 Missouri 332,163 328,747 North Dakota 100,599 99,381 South Dakota 173,701 171,551 Nebraska 352,650 3%,951 Kansas 508,022 499,007 South A t l a n t i c 1,252,639 1,245,403 Delaware 18,140 17,663 Maryland 155,714 153,657 Virginia 332,757 330,287 Viest Virginia 187,176 188,221 North Carolina 148,661 145,439 South Carolina* 96,H7 93,726 Georgia* 104,276 100,237 Florida 202,562 203,409 E. South Central 6*9.305 701.292 Kentucky 314,256 308,916 Tennessee 183,332 184,535 Alabama 148,581 153,609 Mississippi 53,156 54,232 5 . South Central 2 , 1 3 9 , 6 6 1 Arkansas 169,600 171,262 Louisiana * 86,554 87,513 Oklahoma 409,538 417,558 Texas 1,473,969 1,476,203 Mount a j n 768,489 -77MQ2 Montana 175,953 177,838 Idaho 83,428 84,690 Wyoming 91,753 94,452 Colorado 248,281 247,506 New Mexico 107,960 110,636 Arizona 4,349 4,434 Utah 48,230 49,266 Nevada* 8,535 8,580 Pacific 441.614 _k52,577 Washington 977413 96,592 Oregon* 93,329 89,292 California 261,835 255.750 11,987,148 II st Demand de]sosits except interbank Time deposits 2nd half 1st half 2nd half 1st half 2nd half Jan.1948 Jan.1948 Jan.1947 Jan.1948 Jan.1947 Country banks in places with population of less than 15/000 6.078.420 6,078,924 5,860,216 244.081 243,970 240,316 359,8M 67,091 57,242 66,723 67,195 28,660 28,761 72,891 28,487 56,740 45,982 56,856 54,510 123,623 55,062 54,701 54,550 726 1,485 1,539 1,539 35,170 59,377 35,250 34,049 2,221,589 2,309,092 ,306,502 2,257,537 705,994 745,162 761,943 760,942 510,687 516,826 528,855 529,568 1 , 0 0 4 , 9 0 8 1,018,582 1,015,704 995,549 2 , 4 0 0 , 3 6 9 1,674,000 1,674,711 1,585,758 581,776 506,866 506,60u W,823 421,634 176,506 165,672 176,730 891,388 388,001 348,514 388,833 310,688 369,342 370,099. 363,120 194,883 232,491 233,239 2 2 1 , 6 2 9 1,936,543 502,060 537,428 536,954 218,667 249,639 204,349 218,941 329,018 90,472 95,685 95,424 321,087 69,013 69,142 65,753 89,337 29,484 25,762 29,606 147,471 33,251 35,755 35,663 325,725 44,064 41,079 44,oo4 474,266 44,760 44,114 41,39k 1,236,765 586.545 585,934 568 6 0 0 17,528 11,829 11,892 11,831 151,581 125,628 122,547 125,207 339,605 204,673 197,900 205,195 172,295 81,739 82,127 79,573 151,926 51,355 52,034 51,243 93,978 18,390 16,639 18,446 99,087 30,104 30,018 27,831 210,865 62,216 #,276 60,184 156.127 155.799 151.897 675,95? 296,515 46,083 46,034 45,960 184,477 62,847 62,497 61,587 146,822 36,165 36,377 34,497 11,032 48,139 10,891 9,853 1.961,366 140,949 130.469 ,143,105 167,602 29,416 29,160 28,428 77,004 28,135 28,151 25,984 33,122 391,938 33,169 31,696 1,324,822 50,276 52,625 44,361 741.278 183.185 182.979 181.975 162,185 41,333 41,361 39,335 82,404 17,254 17,277 17,256 86,184 21,112 21,108 20,368 240,796 49,833 50,047 49,617 101,112 12,474 12,526 12,045 1,181 3,890 1,178 936 47,487 34,439 33,956 33,659 17,220 5,526 5,559 8,759 247.689 ^3,444 248.496 241.604 93,041 42,774 42,356 42,743 90,775 28,685 27,388 28,163 269,628 177,037 176.785 171,860
@FedFRASER