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JUL 2
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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

, > M W I RESERVE M M

FIRST HALF OF MAY,

JUNE

IQU6

(Averages of daily figures l / . In millions of dollars)
Gross demand deposits
Net
Demand
Demand
U. S. Govt.
Time
balances due Reserves3 with F.R., Banks
deposits demand
Total
I n t e r - war loan
Other adjusted deposits deposits from domestic
Total Required Excess
banks
bank deposits 2// '
Y
3/
4 /

Class of bank
and
F. R. d i s t r i c t
All member banks
Cent. Res. c i t y banks %
New York
Chicago
Reserve c i t y banks
1
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Country banks
Boston
New York
Philadelphia
C leveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas City «•»
Dal las
San Fraricisco

RESERVES, AMP BORROWINGS OF MEMBER BANKS,

6

12,082

16,363

70,193

65,925

72,386

25,578

5,357

15,723

14,715

1,008

174

26,081

4,300
1,154

4,963
1,132

16,818
3,433

15,544
3,171

19,325
4,152

1,357
757

50
174

4,055
879

4,O46
876

9
3

9
2

5,549
231

6,150

24,992

22,944

26,736

10,220

1,301

6,217

5,970

246

2,293

431

1,436

1,675

134

103

443

449

239

353
110

7

28

45
22

346

601

1,535
471

2,61+3
4,201
2,371
2,325
4,396
2,151

345
501
356
577
485
536

506

73
166
112
150

412
702

107
400

3
12
.21
22
16

1,167
2,953
2,478
9,107

313
339
554
634

239
392
363
1,375

30,153

1,079

4,118

2,565

93
86
14
26

473
369
343
417

133
223
71
127

296

56,691

0

4,560
2,200
2,593
2,216

2,667
3,776
1,757
1,337
2,117
2,492
1,372

67
77
127
26

1,792
2,901

799
390

1,626

1,395
3,126
1,202
'
615
1,671
1,561

353
734

364

295
539
173

169
166
133

190

.

1,666
2,704
1,495

1,939
3 ,OI44
1,754

1,251

1,683

2,909

3 , M

1,069

.

207
1,199
435
336
1,358
305

2,131

160
336

1,732
6,868

304
4,556

- 293
102
66
270
217
236

1,556

794

40

321

36

633

97
59
34
47
55
116

9
17

3,332

4,572

1,994
3,604
1,833
2,149
1,737
2,145
3,166
1,457
1,101
1,375
2,132
1,657

1,905
3,459
1,791

1,837
3,245
1,596
1,334
1,543
1,923
2,665
1,296

1,057
3,073
1,433

175
316
215

1,603

296

732
646

313

357
735
372
437
311
364

953
1,538
1,770
1,406

174
332

For footnotes, see corresponding table in Federal Reserve Bulletin.




1

750

13,244

1,074
1,851
2,144
L,6I4

399
511
24L

3
3

46

21,622

..

,3
40

45

24,267

395
523
257
137

4
3

467

170

24,956

2,097
554
649
233

124

377

7,093

1,720
2,034
3,106
1,420

-

399
375
774
341

545
1,505
1,441
6,431

2,098

631

7&
330
163

1,693

446
375
1,647
3,322

420

615
256
211
296
337
230

313
264
309
499

215
173
233
258
247

'

41
11

38
12

3

7
3

21

42
39
63
79
33

1

Borrowings
at Federal
Reserve
Banks

98,614*

5,719

>

l

3
1
3
2

2
1
1
—
—

9U^

C

J. la
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS - (Cont'd}
(Averages of daily f i g u r e s .

Federal
Reserve
district

Demand deposits
except interbank
1st half
2nd half
1st half
May 1946 Apr. 1946 May 1945
Country banks

Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

In thousands of dollars)

Timo deposits
2nd half 1st half
1st ha%f
Mav IQI16 .4mu..l9h£. May 1945

in places with population of 15*000 and over

17.088.Wi 17,239.681

14.371.631

2,108,089 2,144,290
3,31+6,838 3 , 3 7 2 , 4 7 7
1,222,384 1 , 2 2 9 , 5 4 8
1,481,769 1,503,925
1,193,809 1 , 2 0 3 , 3 4 9

1,875,995
2,774,126

1,719,400
2,113,554

1,299,185
1,874,968
524,590
435,776

362,695
323,559
364,143
358,792
454,780
456,941
,251,462 1,243,785 1,066,277
251,429
307,438
309,260
211,176
262,654
264,339

748,726
971,183

94,036
448,756

1,696,344
2,096,170

651,714
569,756
534,121
936,765
1,250,735

651,164

572,963
533,152
940,436
1,255,423

1,023,185
1,280,295
1,137,696

425,906

7.830.369 7,769.56k
838,420
',016,666
690,697
860,198

102,329
121,050

554,864

833,786
2,005,917
681,331
848,529

102,092
113,921
552,636

6,483,768
711,055

1,641,070
571,841
719,974

85,803

Country banks in places with population of less than 15,000
Total

11.985.484 11.961.495

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chickgo
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
l/
~~

358,879
1,126,749
963,649
1,085,035
839,301
742,955

1,608,980

978,638
700,227
1,506,5.29
1,428,774
595,768

357,580

1,118,391

967,316
1,089,220
886,121
742,407
1,604,191
974,171
698,062
1,503,633
1,426,875

593,528

9.302.952
290,805

5.413.728

5.587.537

lt.45Q.464

218,158

216,699
1,051,610
796,192
737,964
415,375

186,044
89.2,383

865,641
747,995

1,056,768

679,107
554,783
1,281,277

418,110

863,107

788,805
501,390
1,176,694
1,173,244

470,104

796,824
742,399

189,518
845,315
245,019
384,757

186,096

53,174
277,590

186,935

839,675
242,500
382,585
185,598
57,829
274,525

666,567

604,476

338,224
150,343
684,865

198,745
306,986

154,712
49,U3

227,006

Includes any banks in outlying sections of reserve c i t i e s which have been
given permission to carry the same reserves as country banks. All reserve
c i t i e s have a population of more than 15,000.




J. lb

DEPOSITS. RESERVES. AND BORROWINGS OF MEMBER BANKS - (Cont'd.)
(Averages of d a i l y figures* In thousands of d o l l a r s )
Demand deposits
except interbank
Time deposits
1st h a l f
2nd h a l f 1st h a l f
1st h a l f
2nd half 1st h a l f
May 1946
Apr. IQI16 May- M S - May 1916
Apr. 1Q461 May 1Q45
Country banks i n places with population of less than 15,000
Total, a l l States
l l . 9 8 5 . W i 11,961.195 9.392.952 5,413.728 5.387,537 4,459,464
Hew England
305,852
377,099
228,070 226,520
378.352
194,148
Maine
63,783
63,306
64,386
62,781
56,496
55,149
New Hampshire
76,552
7U.7U6
2
6
,
9
2
2
22,408
55,900
27,198
Vermont
17,022
17,306
42,736
37,724
50,830
50,509
Massachusetts
127,172
127,5.17
103,946
44,017
53,048
52,774
Rhode Island
81*2
' . 871
731
1,103
1,386
1,383
Connecticut
62,668
62,586
52,402
32,151
27,388
32,302
Middle Atlantic
2,393,851 2,390,931 1,848,256 2,090,057 2,083,310 1,74b, 71.1
Nev: York
764,941
773,518
591,885
694,496
594,549
697,010
New Jersey
425.685
519,889
551,01+9
392,440
475,838 472,034
Pennsylvania
1,069,282+ 1,076,101
830.686
757,722
917,209: : 916,780
liast North Central
2,385,727 2,378,105 1,896,563 1.462.226 1,452,
1,187,507
Ohio
602,639
600.853
482,596
370,450
447,662 445,147
Indiana
417,851
122,066
147,866
421 ,h23
332,995
143,675
Illinois
352,580
858,510
682,199
317,754 315,246 257,788
Michigan
288,790
289.854
342,201 278,134
233,727
344,092
Wisconsin
216,245
215,087
165,016
159,069
204,043 202,429
West North Central
1,317,3% 1,816,120 1,385,874
376,239
460.635 457,753
Minnes ota
246,018
247,553
182,848
172,139
148,311
183,733
303,229
305,247
82,748
239,030
70,781
33,326
Missouri
302,383
301,358
63,920
62,853
50,690
231,938
North Dakota
78,113
22,226
22,185
57,14 Oil
17,462
79, l l h
South' Dakota
127,633
29,869
127,150
29,788
88,309
24,476
Nebraska
303,333
301,166
37,995
229,741
31,837
37,743
Kans as
456,067
367,313
454,035
39,588 . 32,682
39,566
South Atlantic
1.264.921 1,2%,942
516.933
511,175 414,737
955,553
Delaware
17,863
10,781
14,966
17,971
9,373
10,799
Maryland
121,060
154,147
112,450
154,309
92,673
113,639
Virginia
336,745
258,352
175,900
145,177
339 653
176,976
West Virginia
180 M 7
179,727
133,H7
58,870
74,697
74,949
North Carolina
148,508
113,881
147,306
46,835
37,152
47,003
South Carolina
11,867
81,854
14,428
#,716
81,594
14,517
Georgia
103,606
98,858
23,181
19,664
75,977
25,645
Florida
239,270
239,500
174,284
52,903
53,455
39,961
East South Central
636,075
689.786
142.646
533.787
117,026
141.519
Kentucky
'
287,624
42,682
237,040
233,266
37,059
43,596
Tennessee
196,526
46,320
194,694
151,436
58,524
53,535
Alabama
31,832
27,604
155,351 ' 156,339
116,735
31,993
Mississippi
48,990
8,481
6,oL3
49,297 . 32,350
3,517
West South Central
.914,343 1.912,682 1,501,620.
105.435
-121 ,205
126,373
Arkansas
20,605
153,538
150,387
25,483
154,603
25,611
Louisiana
18,722
76,884
23,653
57,667
75,634
23,012
Oklahoma
27,251
378,371
30,453
304,259
378,057
30,472
Texas
1,303,889 1,069,307
46,784
38,857
Mountain
7o6 r 6%
5). 3,965
143,033
17.3Ji31
"Montana
2
9,008
142,314
145,045
104,956
35,964
36,526
Idaho
19,001
15,385
91,ota
90,929
73,797
19,017
Wyoming
60,252
15,978
30,130
79,251
19,259
19,347
Colorado
227,256
47,081
168,984
38,373.
223,253
47,223
New Mexico
11,169
8,223
97,478
75,940
97,625
11,220
Arizona
7,030
1,554
2,573
6,948
10,955
1,537
Utah
26,25332,046
47,132
47,033
36,197
32,127
Nevada
6,740
12,834
, 15,335
7,357
Pacific
176.628
433. i n
341,603
. a l i U 214.567
Washington
91,947
32,494
75,812
38,679
91,744
33,353
Oregon
34,736
20,411
84,062
66,462
24,396
26,435
California
253,331
151,492 .123,723
152 ,i4o
257,365
199,406

-M'ML