View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

Class of bank
and
F, R. district

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FIRST HALF OF MARCH, 1949
Apri 1 5, 19^9
(Averages of daily figures 1/. In millions of dollars)
Gross demand deposits
Net
Demand
Reserves with F. R. Banks Borrowings
Time
demand
balances due
Interat Federal
Total
Other
deposits from domestic Total Required Excess
deposits
bank
. Reserve
banks
2/
Banks
88.316 -.1Qj52L_—ZZ»Jk5L -18,118
2q.oli5
5.007
19.557
18.812
100
-JMl

v

All member banks
Central reserve city banks:
New York
21,100
3,826
17,27b
19,580
1,659
44
Chicago
5,032
1,012
1,020
4,583
1,023
118
Reserve citv Lanka
27 rQ)iO .2£u£hk—
-Ii.fl76
Jll.^7
•
•
I
t
597
Boston
262
1,877
1,616
1,721
187
New York
28
595
567
528
287
Philadelphia
2,181
328
1,853
1,953
231
64
Cleveland
4,030
U6U
3,567
3,586
1,519
147
Richmond
2,097
310
1,787
1,830
423
107
Atlanta
2,103
1,61*6
457
1,783
412
. 128
Chicago
421
3,933
3,511
3,391
2,007
255
St* Louis
2,01+6
609
1,762
1,137
339
90
Minneapolis
986
215
741
827
181*
Kansas City2,749
2,016
2,282
733
359
Dallas
2,168
1,970
497
2,073
386
221
San Francisco
7,751
7,228
523
6,908
5,183
238
Country banks
.29 .56%
__a5Z_.
,25,310
_JV2liA
16 .
Boston
2.296
2,211
85
2,023
1,075
159
New York
4,096
4,011
85
3,641
3,356
271
Philadelphia
2,136
16
2,120
1,876
1,704
198
Cleveland
2,383
19
2,363
2,o64
1,724
265
Richmond
2,112
108
2,00k
1,786
882
250
Atlanta
2,50k
178
2,327
2,089
689
31*1
Chicago
3,965
3,902
3,430
2,558
456
St. Louis
1,6*
l»6U6
:
ip45l
621
217
Minneapolis
1,425
56
1,369
1,237
757
159
Kansas City2,266
61
2,205
1,918
312
329
Dallas
2,705
109
2,596
2,21*5
217
1*19
San Francisco
1*788
2Q
NOTE: Demand deposits adjusted (demand deposits other than jaiv
interbank ancl^!
United Stages Governmen less
of collection) of all member banks estimated at 70,200 million dollars.
1
For numbered footnotes see next page.




2

3

5,253
1,267

5,215
1,268

7,350
. 7.166
4 02
393
i4o
138
449
447
923
903
452
434
451
423
929
897
422
200
$
547
512
485
1,924
1,908
. 5,686.
5.163
429
4o4
899
834
470
428
520
1*60
394
352
428
386
819
741
304
279
280
255
372
330
423
376

38
-1
• 185
9
2
2
20
18
28
32
4
17
27
16
-52325
65
1*2
61
42
1*2
78
25
26
1*2
1*7

_3a_
2
1
7
3
1
2
1
11
3

6

-22-

I
8
h
I
1

1
1

cash items reported as^in process

J. la

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS - (Cont'd)
(Averages of daily figures. In millions of dollars)

Federal
Reserve
district

Time deposits
Demand deposits except interbank
2nd half
1st half
1st half
2nd half
1st half
1st half
Mar. 19k9
Feb. 19k9 Mar. 19k8 Mar. 19U9 Feb. 19k9 Mar.l9k8

Total

Country banks in places with population of 15).000 and over l/
8,761
8,791
r 16,02k
n6,hd?
8,782
I6,k75

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

875
1,888
8k3
1,877
8k3
l,8k9
2,211
2,202
3,000
2,916
2,206
2,970
806
7k8
1,07k
808
1,225
i,a?
899
1,322
1,311
915
90k
1,325
1,096-.
k03
1,131
397
1,129
k03
k68
k91
1,58k
1,59k
1,62k
k70
1,586
2,162
2,231
1,593
2,230
1,599
338
r
636
336
612
r
635
338
298
301
302
59k
596
575
10k
105
5k
8
10k
565
570
l,0k6
lk9
lk5
l,0k3
999
lk9
1,326
683
1,21*8
1,257
655
656
Country banks in places vdth population of less than 15,000
12,038

rl2,025

r 12,0_k3

6,06k

6,062

6,077

232
232
233
329
1,003
1,151
1,150
1,157
888
896
89k
899
820
l,0k3
819
827
878
k79
k78
k7k
219
218
689
219
1,722
963
959
959
283
283
r 1,061
277
k56
k55
k53
777
208
1,60k
20k
207
68
66
1,552
67
558
29k
295
307
1/ Includes any banks in outlying sections of reserve cities which have been
~
given permission to carry the same reserves as country banks.
2/ Data for this district is not entirely comparable vdth year ago figures
due to a change in the reserve classification of individual banks.
r
Revised
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

33k
l,0la
901
1,038
875
702
1,672
1,00k
771
. 1,63k
1,552
510

336
l,0k3
901
1,033
872
696
1,669
.1* 1,006
771 "
1,626
1,558
51k

Footnotes for preceding page (J.l):
1/ Averages of daily closing figures for reserves and borrowings ana of daily
opening figures for other columns, inasmuch as reserves required are based
on deposits at opening of business.
£/ 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 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*)
Time deposits
Demand deposits except interbank,
1st half 1st half 2nd half 1st half
1st half 2nd half
Mar. 1949 Feb. 1949 Mar. 19^8 Mar. 1949 Feb. 1949 Har. 1948
Country banks in places with population of less than 15,000
12,037,936r12,025^075 rl2,0#3,318, 6,063,819% 062,086 6,076,878
New England
243,164 213,057
316,039
66*£88
Maine
66,1*61*
66,508
56^67
3^397
New Hampshire
28,718
27,832
68,019
27,890
69,796
67,66k
Vermont
56,561
12,101
12,976
55,819
55,751*
12,212
Massachusetts
51*,1*51
52,850
52,976
123,544
U8,L53
120,716
Rhode Island
1,531*
1,531*
1,559
9U7
956
971
Connecticut*
61,812
62,876
38,563
38,1*77
57,161
35,701
Middle Atlantic
2,201,853 2,20^,672 2,164,322 2,288,938 2,285,91*8 2,311,365
New York
759; 6ol*
691,320
719,191
722,362
757,1*73 757,179
New Jersey
521,526 520,708
527,21*1
511,232
507,619
498,541
Pennsylvania
971,161 1,009,939 1,008,061 1,021*,520
971,130
971,691
E. North Central 2,383,163 2,378,125 2,112,389, 1,670,1*81* 1,669,1*95 1,663,866
Ohio
T5U7B9IT
507,226
581A39
512,237 511,533
591,311
Indiana
110,576
421,519
177,5Ul
108,798
178,919 178,715
Illinois*
890,532
909,597
379,351*
387,708 386,527
887,9hl
Michigan
298,985
299,100
368,31*3
361,296 361,781
298,163
Wisconsin
193,138
231,402
197,734
230,291* 230,939
196,917
W. North Central 1.987.911 1,977,963 1,992,869
536,035
539,791 51*1,338
Minnesota
#3,812
220,439 220,020
257,956
217,685
2#,672
Iowa
31*5,186
92,831*
323,772
326,148
91,963
95,138
Missouri
317,17k
312,777
72,970
. 72,768
69,307
319,160
North Dakota
91,817
31,011*
29,681
91,573
30,361*
92,251
South Dakota
160,733
161,176
161,01*0
35,633
35,702
35,792
Nebraska
31*2,31*3
1*3,180
335,371
1*3,331
1*3,659
337,277
Kansas
495,281
1*78,558
196,366
1*5,536
1*5,375
1*1*,773
South Atlantic
1,221,198 1,211,267 1,216,653
589,583 588,831
587,695
Delaware
16,682
11,683
16,909
17,236
11,661
Maryland
11*8,987
120,173 120,201
11*7,971
150,387
121*, 759
Virginia
322,035
321,583
322,017
215,639 215,327
205,682
West Virginia
190,761*
83,871*
193,56$
192,039
83,061* '
83,389
North Carolina
11*0,291*
137,608
138,238
1*9,378
1*9,51*9
51,069
South Carolina
86,1*21*
85,820
90,038
18,987
19,001*
18,665
Georgia
91*, 901
28,813
97,61*1*
#,988
91,718
30,035 •
Florida
213,1*26
61,036
220,156
209,673
60,712
62,611*
E. South Central
688,101
691,203
683,730
163,772 161*, 018
156,968
Kentucky
303,631*
302,301
302,966
1*7,673
46,065
47,575
Tennessee
181,772
66,1*69
181,591
180,919
66,130
63,143
Alabama
118,108
11*9,1*32
11*6,772
37,636
36,601
38,331*
Mississippi*
56,101
56,365 ,
11,991*
53,073
11,979
11,159
W. South Central
2,080,318 r 2 ,080,773 r2,0'7l*,877
11*7,301 11*7,991
145,777
Arkansas
30,801
175,701 -r"
30,812
~17$7jOh
1
W
LoQisiana
27,662
85,646
85,1*80 r W
27,536
28,314
Oklahoma
1*07,989 1*03,230
35,51*8
1*00,739
35,772
33,540
Texas
1,1*11,012 1 1*16,359 1,1*18,891
53,290
52,828
53,871
Mountain
185,1*26 185,1*27
718,319
71*8,935
733,053
184,107
Montana
171,61.2
167,268
41,214
171,292
1*2,079 1*2,203
Idaho
75,1.37
79,71*9
17,181*
17,262
17,169
75,673
Wyoming*
98,693
87,268
22,397
21,079
22,1*28
97,913
Colorado
231,626
235 , 211*
49,837
235,730
1*9,1*55 49,1*29
New Mexico
106,575
105,062
12,529
108,225
12,515
12,580
Arizona
!j,I09
3,978
1,189
1,200
1*,178
1,191*
Utah
hi, BOh
1*6,31*9
1*7,227
31*, 979 31,973
35,337
Nevada
8,01.9
8,165
8,111
5,523
5,51*25,663
Pacific
1*19,386
371*.811* 378,213
235,360 235,981
247,087
Washington*:04,037
92,032
85,801*
1*1,01)6 41,273
42,461
Oregon*
78,017
87,306
27,131
28,084
California
216,159
21*0,01*8
1 6 7 ^ 0 167,577
176,542

Digitized forr/
FRASER
Revised