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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, SECOND HALF OF MARCH, 1951
(Averages of daily figures l/. In millions of dollars)

JU

Class of bank
and
Federal Reserve District

Gross demand deposits
Total

InterOther
bank
11,070 88.116

Net
demand
deposits
2/

Time
deposits
3/

Demand
balances due
from domestic

All member banks
99,366
87,417
29.584
5.340
Central reserve city banks:
New York
23,077
3,861 19,216
60
21,235
2,005
' Chicago
5,663
1,095
4,568
5,101
1,083
97
Reserve city banks
37.696
5,159 32,537
32,601
11,577
1,777
Boston
2,200
270
2,000
1,929
182
33
New York
844
30
814
742
249
34
Philadelphia
2,494
384
2,110
212
2,157
109
Cleveland
4,844
467
4,282
4,377
1,479
176
Richmond
2,294
1,980
329
1,965
115
435
Atlanta
2,254
469
4l8
1,785
1,899
130
Chicago
4,807
462
4,103
4,345
1,986
268
St. Louie
2,229
1,650
1,907
579
336
95
Minneapolis
1,063
250
813
167
893
51
Kansas City
3,116
2,583
2,353
369
247
Dallas
566
2,773
2,207
2,294
352
257
San Francisco
8.777 590 8,187
7,761
262
5,392
Country banks
32,9)0
955 31,995
28,499
3,406
14,919
Boston
2,776
2,682
2,440
93
1,041
New York
4,910
4,815
si
95
4,387
3,339
Philadelphia
2,465
20
2,168
2,445
208
1,705
Cleveland ,
2,652
22
2,631
2,318
268
1,713
Richmond
2,191
105
2,087
1,842
893
258
Atlanta
2.778
185
2,346
683
2,593
344
Chicago
4,561
82
4,479
3,969
485
St. Louis
1,785
49
1,736
1,538
216
Minneapolis
1,431
60
1,371
1,249
152
723
Kansas City
62
2,251
1,966
•319
Dallas
3,040
153
2,629
291
San Francisco
1,894
1,865
29
1,649
188 n
946
NOTk; Demand deposits adjusted (demand deposits other than 'interbank and United States Government, 1
of collection) of all member banks estimated at 77,000 million dollars.
For numbered footnotes see next nmce.




1:8!

ipril 19, 1951

Reserves with F. R. Banks
Total

Required

19.267

18,606

661

5,253
1,287
7,362
424
165
448
960
432
418
960
4o6
190
550
494
1,916

5,217
1,289
7,215
411
163
444
945
422
405
940
402
189
539
480
1,876
4,885
404
815
4o6
427
312
369
713
253
218

147
13
2
3
15
10
13
21
4
2
12
14
41
480
25
67
34
55
35
33
75
23
23

u

5,365
429
881
440
483
347
402
788
276
241

36
- 2

11

SiS
m
306
288 .
18
cash items reported as in process

! -'J.la
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BAMS—Continued
(Averages of daily figures. In millions of dollars)

Federal
Reserve
District

Time deposits
Demand deposits except interbankI
2nd half
1st half
2nd half
1st half 12nd half
2nd half
March 1951 March 1951j March 1950 March 1951 March 1951 March 195°
Country banks in places with population of 15,000 and over l/ 2

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

9.340
20,626
9,305
18,619
9.100
854
837
2,132
2,370
2,358
836
2,330
2,289
3,302
3,726
2,288
3,733
824
813
1,344
1,468
1,457
817
931
1,402
927
1,556
1,562
926
450
459
1,221
1,293
1,289
452
506
1,810
1,986
497
1,994
497
1,711
1,748
2,843
2,819
2,477
1,745
848
373
371
841
782
370
318
682
669
333
665
317
131
129
748
790
795
129
185
230
1,656
419
1,656
229
696
703
l,4l8
1,416
315
694
Country "banks in places with population of1 less than 15,000 2/

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

11,400
312
1,083
977
1,069
798
607
1,660
894
706
1,462
1,384
449

Total

l/
2/

20,595

11,558
317
1,101
980
1,071
808
611
1,681
911
719
1,483
1,418
456

10,889
292
975
899
1,008
754
570
1,560
882
708
1,461
1,358
422

5,610
205
1,051
888
787
442
186
884
266
407
190
62
252

5,621
203
1,052
888
787
442
187
883
266
408
190
61
253

5,644
211
1,056
895
792
438
183
883
268
425
190
55
248

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 basic of the 1940 census, have been
revised.

Footnotes for preceding page (J.l):
l/ 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.




J, lb

•issisgsmms--

Time deposits
dmosits except interbank
2nd half"
2nd hair list half
2nd half list half
2nd half
March
1951|March
1951 March 195
March 19511March 1951[March 1950
1 n puces vith_P T .nnti r of
"s.ffiB.ffH 5,620,^20 g 644,115
Total, all States
222,88]
915.019
213,590
110,559
134.939
311,348
New England
59,59:
53,761
55,151
48,191
47,388
48,774
Maine
22,777
23,891
23,926
44,522
50,572
New Hampshire*
49,447
55,l8S
"
55,032
42,521
54,976
48,813
46,731
Vermont
49,021
47,150
47,185
120,196
130,123
126,858
Massachusetts
1,543
1,439
1,427
843
1,165
1,080
Rhode Island
34,758
32,317
32,354
55,075
56,878
57,669
Connecticut*
2.175,397 2,,184,754
2.126,203 2,347,658 2,113,183 p. 174,779
Middle Atlantic
691,444 696,080
690,719
684,869
780.721
763,820
New York
483,476
485,891
486,556
473,096
522.722
517,935
New Jersey
998,062 1,005,198
997,504
955,218
1,044,448 1,044,215
Pennsylvania
1,562,449 1 71,128
2,407,632 2,430,568, 2,276,505 1,560,692
E. North Central
7*38" 492,300
487,877
588,806
623,46T
624,259
Ohio
167,043
171,183
171,409
367,773
392,001
386,168
Indiana
388,012
388,536
389,069
873,578
915,440
903,288
Illinois
300,062
299,483
298,322
252,116
287,096
282,821
Michigan
223,711
214,809
214,015
194,232
212,568
211,096
Wisconsin
497,435 J l O ^
497.274
1,839,078 1.868,553 1,818,423
W. North Central
213;546
203,283
202,971
246,248
246,557
243.779
Minnesota
90,051
87,644
87,659
313,936
331,120
323,882
Iowa
63,304
64,918
64,778
287,771
303,128
299.780
Missouri
31,521
29,438
84,630
29,497
80,437
78,971
North Dakota
27,217
26,901
26,898
122,370
124,369
121,545
South Dakota
42,544
43,135
315,578
330,573
324,867
Nebraska
42,083
42,116
447,890
452,369
446,254
Kansas
525,848
533,722
1
1Pl1282
1.129.703
1,046,858
South Atlantic
11,870
11,574
16,542
11.577
17,157
17,432
Delaware
103,270
103,238
136,313
103,047
148,784
148,956
Maryland
209,336
215,172
291,777
215,061
312,970
308,616
Virginia
74,267
73.432
161,253
169,212
73,555
167,042
West Virginia
43,770
42,737
106,434
118,046
42.578
115,694
North Carolina
16,378
16,093
71,920
16,063
73,693
72,505
South Carolina
23,758
23,883
83,950
91,656
23,727
90,004
Georgia
43,199
47,593
178,669
47,943
198,185
201,033
Florida
147,929
147,596
563,911 _lit6,533—
580,823
568.181
E. South Central
44,257
44,172
260,439
265,271
44,065
256,268
Kentucky
60,471
59,231
141,058
141,207
59,109
141,339
Tennessee
34,700
35.433
121,626
129,642
34,629
126,901
Alabama
8,501
8,760
40,788
44,703
43,673
Mississippi
117,002
123,252
124
1.600.235 1 841,345 1,792,003
W. South Central
20,927
21'5%
128,747
134,285
21,569
132,726
Arkansas
23,743
23,366
73,059
76,092
74,389
Louisiana
30,789
31,366
334,920
321,459
315,574
Oklahoma
41,543
46,946
48,119
309,509 1,255,277
1,277,546
Texas
166,019
162,575
671,80!
16?,234' 521
660.126
Mountain
42,360 T27?
169,195
42,229
173,9!
169,419
Montana
13,664
12,213
44,148
46,614
12,215
45,458
Idaho *
19,263
19,103
86,110
19,101
90,537
89,322
Wyoming
43,942
42,531
215,989
42,388
223,669
222,059
Colorado
10,555
10,963
73,429
10,944
79,987
77,606
New Mexico
1,018
1,114
4,374
1,116
5,412
5,283
Arizona
29,425
28,764
39,114
28,724
43,475
43,036
Utah
5,3#
5,527
7,146
5,517
8,123
7,943
Nevada
198,352
204,904
904,118
327,443
352,737
__l4lt04L_
Pacific
397o£f
38,798
"76^7^
38,626
79,903
78,292
Washington
25,821
26,907
74,043
26,830
85,934
85,096
Oregon
133,487
139,199
176,522
138,662
186,900
183,659
California
preceding page regarding classification by population.
l/ For footnote




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