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B O A R D OF G O V E R N O R S OF T H E F E D E R A L R E S E R V E S Y S T E M
J.l

,

Class of hank
and
Federal Reserve District
All member hanks
Central reserve city hanks:
New York
Chicago
Reserve city hanks
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

DEPOSITS, RESERVES, AND BORROWINGS

OF M E M B E R B A N K S , F I R S T HALF

(Averages of dally figures!/.

Gross demand deposits

OF M A R C H 1 9 5 9

April

119,792

12,958

U. S.
Govt.
2,817

23,838
6,115

4,086
1,147

654
156

19,099
4,813

20,472
5,332

5,252
1,432

73
106

3,933
1,033

3,948
1,031

-15
2

3;
57

128
28

^7,233
2,298
1,122
3,004
5,663
2,853
3>57
5,338
2,476
1,210
3,424
3,848
12,541

6,381
321
4l
451
523
405
753
518
681
310
806
935
639

1,046
48
28
65
159
49
47
177
51
29
65
78
252

39,8C6
1,929
1,053
2,488
4,981
2,399
2,658
4,643
1,744
872
2,553
2,835
11,650

39,601
2,046
980
2,546
4,922
2,400
2,724
4,512
2,037
955
2,744
3,003
10,733

21,717
243
645
534
2,679
756
870
3,028
490
269
605
1,123
10,475

2,075
23
34
105
172
118
263
225
122
45
271
405
292

7,664
350
194
448
954
438
497
897
363
175
491
558
2,299

7,620
350
194
447
946
434
493
896
361
171
483
552
2,295

44

320 •
15
13
14
30
25.
40
47
14
9
53
13
45

628
17
23
35
95
54
41
96
24
9
30
34
168

Total

Interbank

Other
104,017

1
8
4
4
1
2
4
8
7
4

Country hanks
4.131
40.300
36.811
25.433
5,709
961
5.321 388
42,605
1.344
Boston
4l4
4o4
1,367
151
10
3,444
87
3,051
130
3,227
New York
182
6,300
40
5,881
5,568
6,6ll
356
129
965
925
Philadelphia
2,400
244
80
412
22
2,451
2,691
25
390
2,795
Cleveland
2,468
88
300
44
2,809
476
432
3,098
3,210
25
Richmond
66
1,522
361
121
2,330
297
29
2,572
332
2,759
Atlanta
1,629
490
492
4,030
69
3,687
454
36
274
3,387
640
64
Chicago
4,663
896
l4l
832
6,278
132
6,005
5,446
St. Louis
1,044
269
60
42
2,l4l
290
265
25
2,243
1,931
Minneapolis
68
40
20
1,622
263
1,283
243
1,744
1,852
177
Kansas City
80
2,612
2,858
930
391
372
334• 38
3,063
125
'
48
1,008
630
Dallas
409
210
3,264
457
3,986
3,723
53
186
2,026
300> 13
San Francisco
38
2,252
1,550
3131
43
2,333
NOTE: Demand deposits adjusted (demand deposits other than interbank and United States Government, less cash Items reported as
collection) of all member hanks amounted to $92,825 million.
For numbered footnotes see next page.




3, 1 9 5 9

ID millions of dollars)
Borrowings
Demand
Cash
balances due Reserves with F.R.Banks at Federal
Net demand
Time
in
Reserve
deposits 2/ deposits from domestic
vault
Total Required Excess
Banks
2,058
6,385
102,217
53,834
18,339 3/17,920 420
576 •

5

198
1,274
102
37
26
197
18
103
118
14
23 v
95
114
22
253
17
6
56
40
7
20
55
86
5
54
1
in process of

J. la

DEPOSITS. RESERVES. AND BORROWINGS OF MEMBER BANKS -- Continued
(Averages of daily figures.

Federal
Reserve
District

In millions of dollars)

Time deposits
Demand deposits except Interbank.
1st half
2nd half
1st half
1st half
2nd half
1st half
Mar.
1959
I Feb. 1959 IMar. 1958
Mar. 1959 I Feb. 1959 IMar. 1958
Country Taonks in places with population of 15,000 and over l/

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

27,112

27,416

26,059

15,904

15,829

l4,44l

2,932
4,966
1,682

2,983
5,078
1,702
1,934
1,670
2,676
4,029
1,064
891
1,227
2,180
1,982

2,831
4,705
1,568
1,912
1,613
2,788
3,818
998
824
1,139
2,084
1,780

1,077
3,759
1,165
1,342
770
1,073
3,183
537

1,073
3,724
1,150
1,338
771
1,067
3,169
537
585
435
692
1,286

1,001
3,325
1,047
1,272
708
1,038
2,912
505
514
380
591
1,148

!;2S

2,684
3,973
1,059
873

1,220

2,158
1,993

F

695
1,296

Country banks in places with population of less than 15,000
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
v
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

14,149

14,181

381
1,517
1,089
1,258
996

383
1,564
1,093
1,244
989
1,059
2,167
1,122
911

1,124
911
1,718
1,618
303

1,722

1,625
303

13,389

9,529

9,526

8,704

363

290
1,810
1,235
1,126
752
557
1,479
507
710
497
313
254

289
1,816
1,239
1,122
753
558
1,476
505
710
490
310
259

245
1,653
1,184
1,044
698
494
1,360
455
645
435
249
242

1,459

1,107
1,223
983
2,045
l
'S8
1,545
1,518
289

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.
2/ Revised weekly figures compared with those given in published weekly statements:
Required
Excess
Free
reserves
reserves
reserves
- 462/
25
410
17,979
4
4l8
17,957
-111
17,868
-150
553
ise/
18,046
394
-132
18,088
25B/
469
-130
|j Preliminary
c/ Correction




J. lb
DEPOSITS, RESERVES. AND BPftKOWlifoS OF MEi&ZB BANKS -- Continued
(Averages of daily figures; in millions of dollars. Comparability of figures
is affected somewhat by changes in Federal Reserve membership, absorptions,
etc., particularly in States or territories designated by an asterisk.)
Demand deposits except interbank
Time deposits
1st half
2nd half
1st half
1st half
2nd half
1st half
Mar. 1959 I Feb. 1959 IMar. 1958 Mar. 1959 Feb. 1959 Mar. 1958
Country banks in places with a population of less than 15>000
Total, incl.Alaska
"Virgin Islands 14.148.8 11^181.5
13,388.7
8,703.7
_2i529,3 9,525.
Total, all States
9.517,° 9,514.0
13,380.1
8,693.4
14.118.6
New England
3BC9
373.2
253.8
293.2
293. i
J 8 I A _
Maine
SHE
71.2
78.6
~5379~
64.7
78.8
New Hampshire
60.1
32.6
63.9
29.6
64.1
32.4
Vermont*
101.7
59.9
57.7
102.0
71.3
60.7
Massachusetts
154.1
144.3
44.6
47.8
151.1
47.9
Rhode Island*
.6
1.7
Connecticut*
45.1
48.7
44.8
32.5
35.4
32.7
Middle Atlantic
2.867.6 . 2^91715_ 2,820.7
3,342.
3,093.5
3,334.0
New York
1,122.9
1.141.8
1,03573
1.090.3
1,261.9 1,259.9
New Jersey
728.4
685.O
788.1
713-1
705.8
780.9
Pennsylvania
1,066.2
1,101.4
1,064.2
1,294.8
1,291.2
1.245.9
E. North Central
3,160.4
3.169.4
3,034.4
2,301.9
2.483,3 2,477.1
Ohio
785.4
797.9
772.9
733.5
734.9
Indiana
482.1
501.0
503.7
297.4
283.2
298.3
Illinois
1,216.0
1,212.4
1,145.7
682.0
624.0
679.3
Michigan
366.8
356.6
370.7
430.6
469.0
467.5
Wisconsin
284.6
291.3
277.1
299-4
299.1
275.2
W. North Central
2,208.e
2,214.6
2,006.1
960.3
957.6
858.5
Minnesota
336.2
332.5
338.2
313.7
310T&
337%
Iowa
376.1
376.6
150.8
346.9
151.3
137.0
Missouri
396.7
367.0
149,2
399.2
149.9
129.3
North Dakota
103.1
103.0
54.6
92.3
55.0
47.7
South Dakota
138.3
118.6
139.4
63.9
63.7
53.8
Nebraska
62.2
62.8
354.5
320.5
355.5
55.0
Kansas
508.4
503.9
447.1
138.9
139.8
124.9
South Atlantic
1,580.3
1,567.0
1,493.2
1,029.5 1,032.2
952.6
Delaware *
7.0
7.0
15V4
T N R
ITT
13.1
Maryland
179.6
176.2
179.7
154.0
153.4
152.3
Virginia
411.0
410.7
405.3
383.9
403.5
365.4
West Virginia
196.0
200.0
195.1
106.0
112.9
113.5
North Carolina
130.2
129.1
61.8
127.7
58.3
57.0
South Carolina*
88.0
99-5
94.7
31.7
31.5
23.7
Georgia
116.6
115.3
108.5
48.3
57.2
57.1
Florida
440.7
204.6
202.1
435.1
181.8
393.5
E. South Central
734. r
680.0
727.1
360.1
361.3
316.5
Kentucky
298.9
104.1
27677
297.9
10374
89.0
Tennessee
185.4
180.2
140.1
140.6
128.8
174.3
Alabama
179.8
88.4
165.6
88.6
179.2
77.2
Mississippi
28.2
70.7
69.8
28.0
63.4
21.5
W. South Central
2,182.3
2,184.7
2,034.4
508.1
424.8
515.4
Arkansas
I63. l
160.3
151.0
63.0
63.0
54.2
Louisiana
173.6
173.4
167.8
78.6
78.2
69.0
Oklahoma
385.3
384.7
lll.o
343.8
U3.9
97.1
Texas
l,46o.3
1,466.3
1,371.8
259.9
204.5
255.9
Mountain
772.8
776.9
712.4
346.5
344.8
304.6
Montana
205.0
206.9
194.2
90.3
87.5
97.9
Idaho
26.9
16.6
26.0
27.9
16.9
15.5
Wyoming
113.0
48.1
114.5
105.1
47.8
40.9
Colorado
269.9
267.9
103.5
247.5
102.7
92.1
New Mexico
121.5
40.0
122.0
105.6
32.2
39.7
Arizona
5.0
4.0
5.1
4.0
3.9
2-9
Utah
27.6
27.6
33.2
26.7
33.0
29.9
Nevada
3.1
2.8
3.0
2.8
2.6
3.4
Pacific
237.2
193.8
236.2
225.7
198.1
187.2
Washington
62.8 ~
~W7<
63.9
48.8
44.7
Oregon*
43.8
40.9
22.1
20.4
41.7
21.3
California*
129.6
131.6
128.5
122.1
127.2
Alaska & Virgin Is,
10.1
8.4
10.2
11.5
10.2




*8:2