View original document

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
April 5, 1950

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FIRST HALF OF MARCH 1950

J.l

(Averages of daily figures l/.
Class of bank
and
F. R. district
All member banks
Central reserve city banks:
New York
Chicago
Reserve city banks
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

(

Gross demand deposits

In millions of dollars)
Reserves with F. R.'"!Banks
Demand
balances due
from domestic Total
Required Excess
banks

Net
demand
deposits
2/

Time
deposits
3/

79,854

80,126

29,486

5.518

16,194

15.298

895

68

16,998
4,175

19,242
4,796

1,698
1,089

32
117

4,393
1,114

4,318
1,110

75
5

22
1

29,072
•1,709
843
1,916
3,684
1,785
1,624
3,761
1,460
789
2,100
2,043
7,358

30,082
1,811
779
2,032
3,746
1,860
1,797
3,664
1,807
897
2,404
2,205
7,082

11,749
195
288
215
1,513
438
434
2,024
344
182
366
405
5,345

1,673
31
32
69
156
101
123
268
96
55
247
255
242

6,201
341
156
382
768
374
365
788
356
174
471
449
1,577

6,002

199

336
155
376
750
357
345
761
342
171
451
417
1,542

5
2
6
18
17
20
27
14
3
20
32
35
616

30
1
5

Total

Interbank

Other

90,926

11,072

20,746
5,268

3,748
1,093

34,364
1,972
671
2,271
4,175
2,122
2,109
4,231
2,093
1,057
2,887
2,651
7,926

5,292
263
28
355
491
337
485
470
633
267
787
608
568

Borrowings
at Federal
Reserve
Banks

4
2
1
1
2
2
4
1
8

16
Country banks
26,006
30,548
4,485
3,868
29,6.09
14,949
3,696
9#
Boston
101
1,064
2,497
176
2,194
350
317
2,396
33
5
82
New York
4,389
637
92
4,297
3,378
5
293
719
3,899
2,240
1
Philadelphia
18
2,222
1,948
1,712
319
51
229
370
2,421
Cleveland
401
21
65
1,721
290
2,077
2,399
335
Richmond
2,106
108
2
256
1,760
49
896
270
1,998
305
Atlanta
169
289
50
2,124
687
2,579
2,389
339
379
Chicago
4,136
1
642
4,067
69
89
521
3,532
2,585
553
St. Louis
206
240
1,681
1,733
51
34
1,451
637
253
Minneapolis
1,447
62
186
218
31
1,385
1,239
179
755
Kansas City
46
1
62
2,293
320
360
245
2,231
1,912
291
Dallas
60
2,936
138
243
2,798
2,354
295
355
539
San Francisco
1,772
26
27
1,744
207
1,514
229
,
255
953
1
NOTE: Demand deposits adjusted (demand deposits other than interbank and United States Government, less cash items reported as in process
of collection) of all member banks estimated at 73. 750 million dollars.
For numbered footnotes see next naee.




J.la
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS - (Cont'd)
(Averages of daily figures.
Federal
Reserve
district

In millions of dollars)
Time deposits

Demand deposits except interbank
1st half
Mar. 1950

2nd half
Feb. 1950

1st half
Mar. 1949

1st half
Mar. 1950

2nd half 1st half
Feb. 1950 Mar. 194S

Country banks in places with population of 15,000 and over l/
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
MinneapolisKansas City
Dallas
San Francisco

17,322

17,435

16,475

8,86l

8,825

8,782

2,06l
3,203
1,289
1,373
1,143
1,666
2,360
676
617
594
1,102
1,238

2,083
3,263
1,317
1,372
1,146
1,641
2,367
676
619
593
1,114
1,243

1,877
2,970
1,219
1,325
1,129
1,624
2,230
642
596
570
1,043
1,248

834
2,229
818
910
412
464
1,619
346
305
108
164
653

833
2,222
812
906
412
461
l,6ll
346
304
108
161
650

843
2,206
808
904
403
470
1,599
338
302
104
149
656

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

12,287

12,234

12,038

6,089

6,086

6,064

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

335
1,094
933
1,027
855
723
1,707
1,005
769
1,637
1,696
506

334
1,097
934
1,017
850
706
1,693
1,001
767
1,632
1,698
506

334
1,0 41
901
1,038
875
702
1,672
1,004
774
1,634
1,552
510

230
1,149
894
811
483
223
966
291
451
212
78
300

229
1,145
893
810
482
222
964
291
453
212
84
300

232
1,151
896
820
479
219
959
283
455
207
68
294

l/< 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):
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
DEPOSITS, RESERVES, AMD 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.)
Demand deposits except interbank
1st half
Mar. 1950

2nd half
Feb. 1950

1st half
Mar. 1949

Time deposit:
1st half
Mar. 1950

2nd half 1st half
Feb. 1950 Mar. 1949

Country banks in places with population of less than 15,000
Total, all States 12,266,671 12,234,320 12,037,936 6 , 0 8 8 , 5 9 2
New England
242,128
354,270
352,673
331,29b
Maine
64,014
50,718
57,921
49,437
New Hampshire
67,664
26,875
69,715
69,587
Vermont
43,381
55,104
42,212
42,766
Massachusetts
126,073
120,716
51,579
126,585
Rhode Island
881
1,550
883
971
Connecticut*
43,006
61,812
V_>, JVC.
63,502
63,415
Middle Atlantic
2 , 2 0 1 , 8 5 3 2,282,471
2,271,471 2,276,889
New York
750,376
743,115
751,167
719,191
New Jersey
542,570
535,074
544,613
511,232
Pennsylvania
978,525
981,109
971,430 1,004,282
E. North Central
2,429,402 2,407,742
2,383,463 1,671,258
Ohio
506,008
598,888
588,291
591,344
Indiana
409,413
183,426
404,618
408,798
Illinois
907,832
887,941
394,359
905,352
Michigan
316,680
363,990
298,463
316,180
Wisconsin
196,589
223,475
196,917
193,301
W. North Central
542,810
1,979,627 1,971,592
1,987,914
Minnesota
261,053
217,696
255,672
256,711
Iowa
323,600
326,148
91,223
318,382
Missouri
325,446
74,944
319,160
324,247
North Dakota
84,501
31,391
92,251
85,898
South Dakota
158,522
161,040
37,237
158,879
Nebraska
43,215
333,529
332,278
337,277
Kansas
47,104
492,976
496,366
495,197
South Atlantic
1,233,858 1,216,349
592,161
1,221,498
Delaware
16,654
16,909
16,695
11,869
Maryland
150,387
159,215
161,043
119,705
Virginia
322,035
319,904
321.043
223,359
West Virginia
174,272
193,565
175,948
80,531
North Carolina
125,782
137,608
127,060
49,835
South Carolina
84,004
85,820
83,316
18,611
Georgia
94,718
94,152
95,336
29,147
Florida
242,366
220,456
253,417
59,104
5. South Central
688,401
656,613
661.044
168,838
Kentucky
291,014
290,900
302,301
47,776
Tennessee
173,014
175,334
181,591
68,458
Alabama
140,537
148,108
40,818
139,365
Mississippi
54,159
56,401
11,786
53,334
W. South Central
2,229,191 2,226,500
2,080,348
161,153
Arkansas
177,733
176,562
175,701
32,509
Louisiana
85,851
85,646
28,226
85,130
Oklahoma
413,764
409,462
407,989
38,491
Texas
1,551,843 1,555,346
1,411,012
61,927
Mountain
748,912
186,424
747,926
748,349
Montana
171,578
172,728
171,292
42,834
Idaho*
69,229
69,997
75,673
16,556
Wyoming
98,964
21,860
99,051
97,913
Colorado
237,092
234,275
235,730
49,556
New Mexico
113,956
114,211
108,225
13,572
4,430
Arizona
4,438
4,178
1,028
Utah
46,492
46,192
47,227
35,640
Nevada
7,171
8,111
7,034
5,378
Pacific
378,896
374,814
241,349
378,036
81,601
Washington
81,548
85,804
41,731
Oregon
73,306
74,416
73,280
25,735
California
223,989
223,208
214,594
173,883




6,086,466 6,063,819
241,376
243,164

63,988

66,q08

27,290
26,770
54,906
55,519
52,850
51,423
1,5?4
1,548
38,563
42,741
2,276,799 2,288,9?3
741,921
757,473
521,526
532,798
1,002,080 1,009,939
1,670,42 3 1 , 6 7 0 , ^ 6 4
505,648
512,237
182,606
178,949
394,022
387,708
361,296
363,796
230,2p4
224,341
544,155
539,791
219,267
220,439
91,083
91,963
72,768
74,605
30,364
31,769
36,976
35,702
43,180
43,156
47,279
45,375
589,583
589,925
11,683
11,827
120,173
119,529
215,639
222,875
80,434
83,874
49,378
49,934
18,474
18,987
28,813
29,093
61,036
57,759
169,119
163,772
47,673
47,768
66,469
68,620
40,981
37,636
11,994
11,750
167,030
147,301
30,801
32,375
27,662
28,251
38,351
35,548
68,053
53,290
186,202 185,426
42,761
16,613
21,874
49,461
13,439
1,031
35,645
5,378
241,447
41,943
26,305
173,199

42,079
17,169
22,426
49,455

12,580

1,194
34,5)79
5,542
235,360
41,04-6
26,334
167,980