The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
September 6, 1951
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FIRST HALF OF AUGUST, 1951 :
(Averages of daily figures 1/, In millions of dollars)
? 1 "u'
Set
Borrowings
Demand
Class of bank
Gross demand deposits
demand
at Federal
balances due
Time
Reserves with F. R. Banks
deposits
deposits
from domestic
and
! Total Inter- ! Other
Total
Required
Excess
banks
2/
bank !
Federal Reserve District
All member banks
18,447 " W
3.76»
U.5
19,207
87,176
%.715
30.187
5,905
Central reserve city banks:
20,034
1,884
36
125
4,934
4,921
13
New York
I 21,663
3,817 17,846
114
4
1,298
4,458
1,112
1,294
Chicago
! 5,635
5,113
1,177
5
116
1,811
7,472
33,009
5,605 32,366
7,319
Reserve city banks
"
i 37,971
11,962
152
1,880
2
180
1,768
2
278
30
Boston
! 2,047
389
387
184
2
182
2
New York
I
31
891
825
290
37
923
1
440
421
Philadelphia
j 2,415
2,134
443
98
1,994
227
3
6
Cleveland
! 4,818
167
968
4,306 | 1,532
4,304
15
513
953
446
ill
14
2,030
Richmond
! 2,326
445
3
1,967
433
359
4
l4l
418
16
434
Atlanta
1,830
2,302
430
472
1,959
268
12
4,200
2,040
986
Chicago
4,852
540
4,312
962
23
6
St. Louis
2,188
1,881
403
94
9
338
1,595 !
397
593
1
46
2
Minneapolis
164
284
192
189
1,075
897
791 j
3
1
(
8
Kansas City
882
3,202
2,636
269
2,321
25
551
575
397
28
j
Dallas
616
2,280 i
2,770
292
507
479
2,153
374
!
67
6l4
San Francisco
] 9,054
8,440
258
1,945
1,929
17
7,979 j
5,545
Country banks
51
5.502
4.912
590
33.494
989 32,505
28.558
3.943
15.229
Boston
10
2,841
101
443
2,510 i 1,052
415
2,740
177
29
New York
1
906
20
84
4,426 |
822
5,007
1 99
350
4,907
3,372
Philadelphia
48
248
4o6
2,476
2,156
19
j
454
2,457
3
i 1,739
Cleveland
61
1
2,728
2,368 1 1,736
296
436
2,704
!
497
23
Richmond
288
2,241
ill
2,130
1,867
;
367
316
51
j
907
5
Atlanta
!
404
2,288
1
42
2,538
350
362
2,715
177
696
Chicago
826
4,061
615
4,685
; 2,718
92
94
4,777
732
St. Louis
286
2
1,835
1,782
252
1,552
29
655
257
53
200
Minneapolis
1,407
1
67
1,238
1,473
249
217
32
729
Kansas City
44
1,918
2,336
65
2,271
289
393
333
i
348
3
Dallas
1
151
425
3,133
2,982
2,527
554
372
1
299
53
^ San Francisco
220
1,931
30
1,901
1,647
313
289
23
3
1
979
NODS: Demand deposits adjusted (demand deposits other than interbank and United States Government, lbss cash items reported as in process
of collection) of all member banks estimated at 77,500 million dollars.
For
numbered footnotes see next nage.
J.1
V
i
1
J.la
DEPOSITS. RESERVES. AND BORROWINGS OF MEMBER BANKS - Continued
(Averages of daily figures. In millions of dollars)
Federal
Reserve
District
; Demand deposits except interbank .
Time deposits
1st half
1st half i 2nd half 1st half
2nd half I 1st half
Aug. 1951
July 19511 Aug. 1950
Aug. 1951 I July 1951Aug. 1950
Country banks in places with population of 15.000 and over 1/ 2/
Total
Boston
New York
Philadelphia
Cleveland
Riclunond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
20.881
20,796
19.263
9,456
9.430
9,326
2,396
3,744
1,433
l,6l?
1,337
1,937
2,953
863
692
2,461
3,704
1,429
1,618
1,320
1,924
2,920
862
682
803
1,647
1,426
2,185
3,436
1,333
1,476
1,2431,818
2,651
815
692
777
1,439
1,350
843
2,288
828
932
46o
502
1,806
384
320
143
233
718
842
2,284
826
929
458
502
1,797
382
318
141
232
719
855
2,328
834
930
457
500
1,717
372
327
130
184
692
810
1,661
1,440
Country banks in places with POPU lation of les S than 15.000 2/
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
3an Francisco
1/
2/
11,624
11.454
11.124
343
1,164
1,024
1,088
793
342
1,147
1,001
1,079
779
593
1,704
906
702
1,431
1,315
455
321
1,063
949
1,040
760
556
1,626
882
698
1,465
1,325
438
601
1,733
919
715
1,462
1,321
461
:
5,773
5,743
5.659
209
1,084
911
8o4
447
194
912
271
410
205
66
208
1,079
907
801
446
193
907
270
408
204
66
255
211
1,064
907
788
438
185
886
267
416
190
61
246
261
Includes any banks in outlying sections of reserve cities which have been
given permission to carry the same reserves as country banks.
Classification by population is based on the 1950 census; comparative figures
for 1950, previously reported on the basis of the 194-0 census, have been
revised.
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 call
report dates are shown in the Member Bank Call Report,
DEPOSITS. RESERVES. AND BCElROWINQfl OF MEMBER BANKS - Continued
(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 deioosits except interbank
1st half
2nd half
1st half
Aug. 1951 July 1951 Aug. 1950
Time deposits
1st half
2nd half 1st half
Aug. 1952 July 1953 Aug. 1950
Country banks in places with population of less than 15.,000 1/
Total, all States ll.Gpk.0k7 11,454*065 11,123,825 5.772.695
5,743,035 5,658,565
New England
219,845
213,774 223.960
361.192
360.187
341.787
Maine
58,929 r
56,659
53,856
55,394
5k,027
55,673
New Hampshire
52,178
24,376
47,336
24,514
Vermont
55,920
53*103
55,883
48,426
5^35^
48,817
142,085
Massachusetts
129,772
139,990
48,364
1,482
Rhode Island
797
1,468
967
929
Connecticut *
60,093
58,665
34,917
33,289
33,439
59,306
Middle Atlantic
2,223,484 2,204,091 r
2,461.474 2.419.818 2.268.189 2.231.987
New York
816,186
705,720
699,303 %
751,317
707,844
823,513
New Jersey
512,218
542,156
504,041 490,489
507,793
1 , 0 7 ? ; ^ 1,061,476
Pennsylvania
1,004,654 1,016,350
1,013,723 1,014,299 f
E. North Central
2.534.001 2,494,743
1,599.072 1,567,002 F
2,338,29? 1,606,452
Ohio
612,656
641,072
500,354 489,134 &
502,454
635,493
Indiana
170,887 ^
174,779
409,042
387,013
417,751
175,334
Illinois
401,817
387,121
938,508
913,328
952,912
399,970
Michigan
299,818 5
308,921
301,409
306,716
277,103
291,945
Wisconsin
217,253
220,042f
220,857
198,295
219,755
217,926
W. North Central
1.817*277
501,982
504.991 f1.858,007 1.822,358
503,639
Minnesota
251,748
203,407
202,225
208,783{
247,980
248,079
Iowa
89,113 ;
319,330
89,095
88,744
317,226
307,894
66,866
Missouri
308,728
292,121
66,527
64,679^
303,239
North Dakota
29,127
76,301
29,076
30,283 L
77,759
80,524
South Dakota
119,620
117,947
118,236
27,189
27,170
Nebraska
44,498
329,845
321,975
45,165
315,040
Kansas
450,977
437,690
42,934%
43,457
43,075
455,383
1.108.722 1.092,532
South Atlantic
523.842C
1,044,284
544.297
542,164
Delaware
11,80£|18,834
11,894
18,787
11,856
17,344
Maryland
104,216
139,777
135,978
146,084
99,856
99,509
Virginia
311,289
305,706
218,972
209,392 jr
220,015
288,054
174,820
West Virginia
173,310
73,523k
166,959
74,737
74,527
111,210
North Carolina
4-5,266
109,321
104,132
43,293#'
45,275
South Carolina
71,634
16,202%:
70,201
68,506
16,040
16,155
Georgia
89,188
93,148
24,528#84,796
24,230
24,071
188,010
Florida
190,041
168,409
52,144
45,882f51,914
E. South Central
561.123
146.4181
550,933
149.261
539.711
148,305
Kentucky
247,837
44,218
243,773
244,617
43,641%
44,073
Tennessee
145,646
140,897
60,270
13.9,355
59,25f*f
59,506
Alabama
126,263
J5,09<f
125,081
36,178
118,333
36,088
Mississippi
41,182
41,377
37,406
a,42%
8,638
8,595
W. South Central
1,729.469 1.722.081
1,753,451
131,065
J J 0 , W . 122.922f
129,194
Arkansas
128,229
21,671
124,376
20,8#t
21,573
72,805
Louisiana
24,166
70,889
72,353
24,106
23)836.1
Oklahoma
307,983
307,360
330,855
34,195
34,037
30,621L
1,219,487 1,214,139
Texas
1,227,331
51,033
51,277
47,577&
649,489
Mountain
625,383
173,112
636,905
171.361
166,150
llountana
42,279
162,411
160,448
42,209
Idaho
40,883
43,919
43,354
12,301
% ! S
Wyoming
90,259
89,152
84,720
18,756g
19,217
216,741
Colorado
216,806
51,173
210,594
49,884
43,141W
New Mexico
75,452
71,073
10,68%
12,016
11,863
74,415
Arizona
5,446
5,403
4,428
1,156
1,170
l,050&t
Utah
43,102
39,420
29,220
28,596
43,443
29,333
Nevada
8,420
8,133
7,545
5,511
5,330
5,500
Pacific
354,508
360.570
345,348
206.900
017
199.199
Washington *
75,907
75,086
38,207
78,520
38,006
38,656
88,744
Oregon
28,696
87,212
84,092
28,172
26,284
California
195,919
146,134
192,210
182,736
140,722
134,259
?Sk.
ttsp
1/ For footnote see preceding page regarding classification by population.
@FedFRASER