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BOARD OF GOVERNORS OF TEE FEDERAL RESERVE SYSTBM
,
--J u l y
DEPOSITS RESERVES AND BORROWINGS GF MEMBER BANKS. SECOND k E F o ( F A : W % l 9 4 8 (Averages of d a i l y f i g u r e s 1 / . In m i l l i o n s of d o l l a
J.l
C l a s s of bank
and
F. R. d i s t r i c t
A l l member banks
Gross demand d e p o s i t s
InterTotal
bank
Other
10,696
Net
demand
Time
deposits deposits
2/
3/
26,716
Demand
b a l a n c e s due
from d o m e s t i c
Reserves w i t h F.R. Banks
Total
R e q u i r e d I Excess
IK
1948
borrowings
at Federal
Reserve
16,700
Central reserve c i t y banks:
New York
21,670
3,991
17,679
19,990
Chicago
5,053
1,059
3,991
1,543
Reserve c i t y b a n k s
32,651
1,818
27,83k
28,107
11,289
Boston
1,878
583
1,698
192
New York
528
484
301
Philadelphia
1,820
1,
238
Cleveland
3,^83
3,429
1,414
Richmond
2,066
1,766
1,800
430
Atlanta
1,595
1,673
407
Chicago
3,897
3,L7l
3,328
1,994
S t . Louis
1,370
1
,
6
0
3
335
Minneapolis
1,000
826
733
179
Kansas C i t y
2,220
1,976
Dallas
l
,
9
2
k
1,978
m
San F r a n c i s c o
8,118
7,58k
7,170
5,075
1,738
C o u n t r y banks
28,069
2
k
,
7
5
9
14,865
Boston
2,222
2,006
1,096
347
New York
3,997
3,593
3,372
705
Philadelphia
2,140
1
,
8
7
1
1,712
365
Cleveland
2
,
3
6
)
2
,
0
6
9
1
,
7
3
8
394
Richmond
2,030
1,92k
1,695
868
289
Atlanta
2,187
1,989
705
321
Chicago
3,850
3,357
2,547
623
S t . Louis
1,418
1,595
613
235
1 Minneapolis
1,334
1,196
212
745
Kansas C i t y
2,133
1,836
308
275
Dallas
2,521
212
,14k
313
San F r a n c i s c o
1,803
1,586
949
279
NOTE: Demand d e p o s i t s . a d j u s t e d (
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 Government, l e s s c a s h items r e p o t t e d as i n p r o c e s
of c o l l e c t i o n ) of a l l me:
llion dollars.
• ~
r or numbered f o o t n o t e s s e e n e x t page e s t i m a t e d a t 7 0 , 3 5 0
77,
17,521
1
C-la
DEPOSITS, REci^RVES, AND BQhRCTJIKGS CF MEL1BER BANKS - ( C o n t ' d )
(Averages of d a i l y f i g u r e s . In
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
June I9l;8
June 19)48 June 19U7
|
Total
m i l l i o n s of d o l l a r s )
2nd h a l f
June 29k8
Time d e p o s i t s
2nd h a l f
1st half
Juno 19k8 June 19k7
C o u n t r y 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 l / .
j
16,297
16,377
Boston
New York
Philadelphia^/
Cleveland
Richmond
Atlanta
Chicago 2 /
,j
S t . Louis
Minneapolis
Kansas C i t y
Dallas
San F r a n c i s co2 ; /
1,893
2,988
1,239
1,321
1,077
1,529
2,182
6k5
580
558
1,010
1,271
1,873
3,008
1,225
1,32k
1,087
1,553
2,211
653
581
557
1,008
1,29k
rl5,Ckii |
1
1,826
2,815
1,061
1,277
1,039
l,k9k
rl,873
610
5k2
507
893
1,107
8,818
8,820
r8,k51
865
2,216
81k
91k
398
k87
1,589
338
295
10k
lk7
6k9
869
2,21k
813
91k
398
k88
1,589
338
295
105
lk6
650
881
2,165
7k2
916
395
k88
rl,386
333
292
10k
ikl
607
Country b a i 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 15,000
Total
11.772
11,6k!
rll,k90 !
6.0k7
6,0kk
r5,975
Boston
321
232
229
331
230
329
New York
1,013
1,151
1,15k
971
1,010
1,155
Philadelphia
888
900
878
899
902
899
Cleveland
822
1,032
1,039
823
1,039
823
Richmond
856
k66
831
k70
ekl
k70
Atlanta
218
213
673
6k5
658
217
Chicago
1,678
r 1,63k
r930
959
1,667
959
S t . Louis 2 /
962
273
275
9
5
5
'
950
275
Minneapolis
72k
kk8
k36
759
75k
kk9
Kansas C i t y
200
2Ck
1,576
1,539
203
1,571
Dallas
I
66
61
I,kl2
1,518
1,5H
65
San F r a n c i s c o {
300
302
5k8 !
537
5 32
300
r Revised.
1 / 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 b a n k s .
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 comparable w i t h y e a r 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 p r e c e d i n g pa <;e (,J. 1 ) :
l/
2/
3/
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 b a s e d on
d e p o s i t s a t opening of b u s i n e s s .
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 p 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 d o m e s t i c b a n k s .
I n c l u d e s 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 cn c a l l
r e p o r t d a t e s a r e shovn i n t h e Liember Bank C a l l R e p o r t .
•
* J*lb
>
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS - ( C o n t ' d ) '
(Averages oi^ d a i l y f i g u r e s • i n thousands 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 by changes i n F e d e r a l Reserve membership,
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 , )
Demand d e p o s i t s except i n t e r b a n k
2nd h a l f
1st half
2nd h a l f
June lgttS
June 19^8
June 1$!&7
Time.deposits
2nd h a l f j 1 s t h a l f
June igii8 June 1948
2nd h a l f
June 1947
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,all States
New England
Laine
New Hampshire
Vermont
Lassachusetts
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 C e n t r a l
Ohio
Indiana
Illinois*
Llichigan
Hi s c o n s i n
W,North C e n t r a l
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nebraska
Kansas
South A t l a n t i c
Delaware
Maryland
Virginia
West V i r g i n i a
North C a r o l i n a
South C a r o l i n a
Georgia
Florida
E*South C e n t r a l
Kentucky
Tennessee
Alabama
:.dssissippi»
South C e n t r a l
Arkansas
Louisiana
Oklahoma
Texas
Mountain
Montana
Idaho
Wyoming
Colorado
New K.exico
Arizona
Utah
Nevada*
Pacific
Washington
Oregon
California
11,771,892
11,811,069 r l l , 4 8 9 , 5 8 9 ) 6 . 0 4 6 . 9 7 4 6,013,772
241.876
240,188
318,182
337,554
64,260
58,829
65,992
28,478
69,881
71,221
28,525
55,890
43,474
43,434
55,811
54,321
115,129
115,489
116,810
54,386
1,547
715
895
860
1,528
35,672
58,311
55,&%
57,98k
35,634
2,186,618 2,139,028 2 . ? Q 9 , m 2 , 3 0 8 , 5 9 3
,187.507
666,921 758,479
757,859
WM1
694,549
524,854
486,845
498,600
498,290
525,560
985,262 1,025,349 1,025,880
990,561
991,668
2 ,3 9 9 ,3 3 3 r 2 , 3 2 8 , 8 9 0 1.656.483 1,654,451
2,390.232
503,205
^8,663
572,695
587,677
503,767
176,886
4o4,886
H5,187
411,539
177,063
380,288
879,198 380,958
903,341
901,701
363,705
300,101
i285,355 364,055
298,056^
230,367
186,756
191,741
191,259
230,640
532,352
1,891,875
1,923.720
1,911,273
532.887
215,843
160,019
-2S5Z2ZT 216,407
%,5o3
94,119
316,817
326,935
313,362
94,065
69,789
300,739
301,231
303,507
69,778
29,254
83,211
89,126
89,139
29,349
35,215
148,478
155,237
153,300
35,130
43,273
330,123
330,149
326,706
43,344
44,859
456,139
469,364
167,529
44,814
584,106
1,150,647
1 ,1 8 3 ,5 6 1
1,167,396
5,63.957.
11,710
-177277
17,796
17,920
11,752
122,991
150,137
144,399
150,108
122,946
205,212
311,507 205,162
312,198
307,631
82,569
188,802
170,726
188,58k
82,620
50,051
132,626
135,527
133,131
50,007
18,706
82,703
85,197
82,030
18,599
30,015
91,085
93,344
93,072
29,947
62,852
201,713
195,571
191,920
62,904
157,185
630,277
657,6U3
62,719
156.868
46,015
' 272,830'
262.M
275,487
46,085
62.095
176,709
177,904
176,Wik
62,070
37,102
145,006
135,540
140,159
36,713
11,973
51,846
45,198
12,000
50,629
142,693
2,023,352
1,917,356 - M ,4982,022.085
29,439
154,263
155,274
152,322
29,317
28,017
82,551
7 7 ,1 5 6
80,917
27,956
33,688
398,714
397,540
407,556
33,747
51,549
1,386,813
1,288,397
1,381,290
51,478
181,890
683,676 160,96%
714,526
703,478
46,766
160,614
153,616 40,738
157,407
16,783
73,420
74,407
16,742
73,405
21,633
88,427
76,139
21,612
87,390
49,093
221,914
232,945
229,684
49,027
12,267
94,468
99,964
11,528
98,364
1,162
4
,
0
3
9
3,919
4,047
1,172
42,616
34,583
46,025
45,199
34,460
5,603
8»105
17,584
7,982
5,582
242,314
410,286 2 4 2 . 1 5 6 .
404,124
400.963
41,090
87,069
87,731
85,913
41,120
27,756
81,628
85,755
84,861
27,554
173,468
240,927 173,462
231,300
230,189
346.239
56,278
70,798
U3.509
r Revised
r5,9#,867
243,126
"ZZWT
28,681
56,783
55,177
1,533
34,275
2,302,443
753,955
526,374
1,022,114
r l , 620,263
495,762
169,587
369,047
r357,74o
228,127
518,143
210,331
93,390
67,198
26,962
33,799
42,847
43,616
579,090
11*8(1
124,172
201,781
80,654
51,512
17,642
29,495
62,030
151,840
•45,234
62,914
35,6ci
10,(#8
136,365
"28,7^
27,683
32,566
47,4c4
182.260
-3957?
16,910
20,437
49,491
12,157
912
5
9^276
241,337
41,450
27,200
172,687
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