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wtREAR<Sw DEPARTMSIIT
tmwTI
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM '
J.l
Class of bank
and
F.R. district

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, SECOND HALF OF
(Averages of daily figures 1/, In millions of dollars)
Net
Demand
Gross demand deposits
Time
demand
Interdeposits balances due
deposits
from
domestic
Other
bank
y
2/
banks
76.4-56
10.039
76.576
29.299
4,812

JUNE i m - r

"iOND
C - i
Reserves with F. R, Banks
Total

Required

20

> iw
Borrowings
at Federal
Resorve
Ban!.?

17.985 17.319
666
All member banks
Central reserve city banks
19,569
4,826
4,818
21,282
1,754
17,543
47
3,739
New York
117
1,050
1,142
1,135
3,875
7
4,424
4,874999
Chicago
1,617
27,819 I 11,625
6,800
6,629
170
27,436
31,967
4,530
Reserve city banks
6
380
31
387
189
1,655
1,754
264
1,919
Boston
126
282
1
502
125
568
24
541
27
New York
65
1,820
416
248
1,903
419
3
2,154
Philadelphia
334
162
837
20
857
1,508
3,537
3,499
419
3,956
Cleveland
100
16
286
407
1,717
390
1,692
1,978
448
Richmond
116
18
1,566
376
432
1,653
377
394
Atlanta
1,943
836
857
21
2,015
250
3,467
3,856
3,325
390
Chicago
8
1,631
365
84
1,897
506
373
1,391
St. Louis
345
188
190
182
836
1,000
54
247
3
753
Minneapolis
18
508
2,688
2,222
241
490
1,984
359
704
Kansas City468
27
240
1,917
1,970
Dallas
2,378
460
441
414
San Francisco
6,808
1,813
1,786
' 251
7,630
27
5,203
7,115
515
481
14,870
5,217
27,719
28,490
4,737
3,034
24,663
771
Country banks
1,072
2,189
2,273
84
1,989
159
397
373
24
Boston
259
848
782
66
4,104
82
3,361
4,021
3,645
New York
1,868
1,709
2,137
17
2,120
202
442
400
42
Philadelphia
1,736
2,013
2,297
20
2,277
Cleveland
229
474
423
51
890
1,685
1,994
90
1,903
233
348
315
33
Richmond
686
Atlanta
1,998
2,328
144
2,183
271
379
348
31
3,881
59
3,822
Chicago
442
760
684
76
3,366
2,555
628
1,647
42
St. Louis
199
283
257
26
1,605
1,423
Minneapolis
1,386
56
162
258
232
26
751
1,195
1,331
Kansas City
2,162
53
2,109
1,831
313
338
297
41
314
Dallas
2,460
2,556
96
2,133
223
#5
3#
335
43
San Francisco
, 1,725
28
1,697
179
312
291
21
1,499
945
NOTE: Demand deposits adjusted (demand deposit; other than interbank and United States Government, lesc cash items reported as in proee.r
of collection) of all member banks estimated at 69,800 million dollars.
For numbered footnotes see next page*




DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS - (Cont'd)
(Averages of daily figures. In millions of dollars)
Federal
Reserve
district
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

Time deposits
Demand deposits except interbank
2nd half
2nd half 1st half 2nd half
2nd half
1st half
June 191*9 June 19U9 June 191*8 June 191*9 June 191*9 June 19hl
Country banks in places with population of 15,000 and over 1/
8,818
8,823
r 16,286
r 16,310
8,811
16,201
8#
836
839
1,85:8
1,8U1
1,893
2,216
2,210
2,211
2,988
2,992
3,072
81U
813
813
1,226
1,208
1, 239
9lU
1,280
922
921
1,286
1,321
1*10
1,088
U10
398
1,095
1,077
1*67
1*70
U87
1,529
1,529
1,558
1,600
.1,602
1,589
2,182
2,22a
2,209
3Uii
338
r 63U
61*7
3hh
653
300
580
300
295
597
595
10I*
106
106
556
558
556
1,010
1U7
1,010
n,om
152
153
652
61*9
1,213
1,271 1
1,235
655
Country banks in places with population of less than 15,000
6,058
11,518
r 11,662*
6,01*7
6,063
r 11,783
332
1,030
8 9k
997
815
651*
1,613
958
735
1,551
i,U5o
485

335
1,038
895
1,011
832
669
1,6 33
97k
71*5
1,568
r 1,1*70
h9h

329
1,010
902
1,039
817
658
1,667
r 961
75U
1,57^
1,511
532

235
1,152
897
811*
180
219
955
281*
1*51
206
71
293

236
1,153
896
815
2*79
219
955
285
1*51
208
70 ;
295

230
1,1#
8 99
823
1*70
217
959
275
W*9
203
65
300

r Revised
1/ Includes any banks in outlying sections of reserve cities which have been
given permission to carry the same reserves as country banks.
Footnotes for preceding page (J»l):
1/ Averages of daily closing figures for reserves and borrowings and of daily
opening figures for other columns, inasmuch as reserves required are based
on deposits at opening of business.
2/ Demand deposits subject to 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 calj
report dates are shovm in the Member Bank Call Report.




J.lb

o

DEPOSITS, RESERVES, A#) 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, etc., particularly in States designated by an asterisk.)

Demand deposits except interbank
Time deposits
2nd half 1st half
2nd half
2nd half 1st half 2nd half
June 1949 June 1949 June 1948 June 1949 June 1949 June 1948
Country banks in places with population of less than 15,000
Total, all States 11,517,648rll, 663,668 rll,782,?27 6,058,133 6,062,605 6,046,974
New England
217,116 211,876"
349,032
352,159
316,239 216,956
Maine
58,265
65,834
#,992
56,278
65,562
59,985
New Hampshire
27,846
28,525
67,431
67,990
27,852
70,798
Vermont
42,600
55,811
U , 737
43,509
55,372
55,329
Massachusetts
116,810
U5,8k5
52,561
115,332
52,416
54,386
Rhode Island
800
860
1,510
1,528
738
1,505
Connecticut*
65,016
44,292
44,293
35,634
57,981
Middle Atlantic
2,177,099 2,187,109
2,187,507 2,290,678 2,291,947 2,309,388
Nev/ York
712,385
717,851
691,519
753,617
755,837 758,479
Nevr Jersey
504, 951
507,297
198,290 526,110
524,744 525,560
Pennsylvania
959,763
961,961
991,668 1,010,951 1,011,366 1,025,349
E. North Central 2,321,307 2,350,759
2,390,232 1,658,968 1,660,021 1,656,483
Ohio
572,181
581,521
506,158 503,767
587,677 505,798
Indiana
391,866
402,144
111,539 178,576
178,499 177,063
Illinois
883,440
890,129
901,701 387,333
386,62? 380,958
Michigan
288,853
298,056 360,265
361,203 364,055
293,576
Wisconsin
161,967
183,389
226,996
191,259
227,534 230,640
W. North Central 1,890,721 1,908,922
1,911,273 537,827
538,831 532,887
Minnesota
218,282
249,669
260,019
218,409 216,407
252,652
Iowa
302,333
91,544
306,125
94,065
313,362
91,425
Missouri
307,813
311,409
301,231
72,820
69,778
73,524
North Dakota
86,502
89,126
87,152
30,678
30,650
29,349
South Dakota
151,710
153,300
149,355
35,130
35,341
35,347
Nebraska
317,921
321,385
42,966
326,706
43,490
43,344
Kansas
477,098
46,196
478,489
44,814
467,529
45,986
South Atlantic
1,146,298 1,170,087
588,922 583,957
1,167,396 589,048
Delaware
17,001
11,662
16,653
17,920
11,641
11,752
Maryland
147,423
148,348
150,108 120,052
119,808 122,946
Virginia
301,252
216,265
307,631
215,866 205,182
307,999
West Virginia
188,323
191,081
188,584
82,620
83,820
83,794
North Carolina
116,176
119,673
133,131
50,876
50,007
50,634
South Carolina
76,003
78,400
82,030
18,759
18,807
18,599
Georgia
86,111
88,193
28,562
93,072
28,625
29,947
Florida
214,357
194,920
219,392
59,078
62,904
59,721
E. South Central
621,278
636,067
642,719 165,737
165,321 156,868
Kentucky
272,483
275,487
279,957
47,921
46,085
47,856
Tennessee
168,548
170,057
176,444
62,070
67,602
67,078
Alabama
i?i,05i
140,159
135,199
38,226
38,257
36,713
Mississippi
50,854
49,196
12.000
50,629
12,065
12,053
W. South Central 1,950,496 rl,977, 704. r2,033,120 151,534
149,990 142,498
Arkansas
162,735
167,342
30,750
163,357
29,317
30,779
Louisiana
81,828
28,138
80,917
84,370
28,288
27,956
Oklahoma
387,531
36,890
391,140
407,556
36,350
33,747
Texas
1,319,402 rl, 334,852
1,381,290
55,756
51,478
54,573
Mountain
702,399
716,022
703,478 183,073
185,908 180,861
Montana
161,916
164,406
157,407
41,406
#,738
41,450
Idaho
70, 704
69,199
73,405
16, 742
16,972
19,451
Wyo.rr ng#
91,520
21,637
87,390
21,612
93,756
21,765
Colorado
222,221
49,201
229,684
225,705
49,027
49,263
New Mexico
100,959
103,215
12,352
98,364
11,528
12,354
Arizona
4,242
4,348
4,047
1, 236
1,172
1,233
Utah
44,725
46,095
34,668
45,199
34,877
34,460
Nevada
7,617
7,982
7,793
5,582
5,557
5,559
Pacii^c
359,018
234,312
400,963
364;839
234,249 242,156
Washington
82,567
80,730
#,913
40,736
40,590
41,120
Oregon*
72,371
84,861
73,898
26,003
25,731
27,554
California
205,917
208,374
230,189 167,845
167,656 173,482
r Revised