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•v I BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM August 1$, i960 DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FOR THE BIWEEKLY PERIOD ENDED JULY 27, I960 Ai11, 17 - ' (Averages of d a i l y f i g u r e s ^ . In m i l l i o n s of d o l l a r s ) BorrowDemand Reserves Class of paipJs.... : Grosf demand deposits ings a t Net demand Time balances With Allowand I " , InterU. S. deposits 2/ deposits due from F. R. able in F. R. Required Excess Xotal^ Other F. R. D i s t r i c t "bank . Govt. Bonlcs . dom.bks. Banks cash A l l member banks 6,465 122,659 13,044 6,306 103,230 18,321 336 3/18,162 3/495 390 103,554 55,571 Cent . r e s . c i t y bks .; 4,236 1,466 18,631 3,888 14 New York 4,547 17 83 3,902 20,338 24, 333 1,172 1,492 1,027 Chicago 5,268 1,023 6,133 385 4,575 53 97 5 Reserve c i t y banks 4l 184 48,158 6,307 2.610 39,2.42 _&o^ 21,517 39,996 7,675 _6Z_ TT~ Boston 24 2,421 1 362 205 363 347 136 2,133 1,938 New York 10 201 660 1 1 1,021 1,170 36 192 50 1, 029 91 Philadelphia 4 620 107 2,4o6 450 1 2 449 2,540 3,050 171 473 Cleveland 21 21 4,908 2,817 196 53.4 987 509 971 5,130 5,932 5 Richmond 8 822 404 2 127 443 122 3,023 2,496 17 459 2,531 Atlanta 484 6 3,4o4 146 2,660 485 285 676 922 2, 582 5 Chicago 4 4,118 805 2, 521 190 794 8 4,930 15 4,039 353 539 S t . Louis 2,461 108 129 647 522 9 1,994 355 355 3 3 Minneapolis 181 181 262 1,284 1 102 ' « 318 1,015 9 37 Kansas City 484 644 266 2 478 19 2,473 832 127 3,436 2,703 7 Dallas 84l 2 3,818 221 549 1,099 7 372 551 5 2,756 2,992 San Francisco 12 10 666 2,362 10,423 265 12,040 11,160 2,361 13,229 , 9 523 w 248 28,015. 4,250 Country banks 44,036 5,762 435 1,329 1,925 40,782 5,575 37,952 421 I8"~ 211 "17421 Boston 145 23 -43,138 197 "T2H5 3T%7 12 6, £66 New York 4oi 1,005 34 7,071 398 5,978 6,535 li 4oo 15 413 2,623 2,922 2,560 Philadelphia 2,722 255 175 8 443 26 456 49 2,822 2,647 303 Cleveland 3.072 3,235 137 13 101 318 1,540 112 322 Richmond 2,380 277 2,193 2,593 22 465 1,766 456 4,030 36 Atlanta 243 479 3,423 139 3, 80 44 948 148 6,060 19 714 984 Chicago 7,020 5,636 306 6,566 2 264 26 264 283 1,089 S t . Louis 2,215 1,905 7 83 2.073 59 6 6 240 185 Minnespoils 1,818 23 1,670 1,336 257 71 1,577 402 15 1,042 2 120 338 2,828 ill Kansas City 3,062 2,595 14 206 398 Dallas 3,480 1,119 3,109 92 577 9 3,777 4 208 344 1,816 13 2,304 San Francisco 2,666 49 349 7 2,523 93 Demand deposits a d j u s t e d (demand deposits other than interbank and United States Government, l e s s cash items reported as in process of c o l l e c t i o n ) of a l l member banks amounted t o $90,589 m i l l i o n . For numbered footnotes see next page. 1 !' II |0rf J-la DEPOSITS,. RESERVES, AM) BORROWINGS OF MEMBER BANKS - Continued (Averages of d a i l y f i g u r e s . In m i l l i o n s of d o l l a r s ) Demand d e p o s i t s except interbank Tine deposits and U. S. Government J u l y 14-27, June 30- (July 16-31, J u l y 14-27, June 30- J u l y 16-31 J u l y 13,19o0 I960 I960 Julyl3,196o! 1959# 1959 Federal Reserve District Country "banks in p l a c e s with population of 15,000 and ever 1/ Total 27,305 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas City Dallas San Francisco 27,137 28,029 17,787 17,728 16,450 2,853 4,961 1,647 1,829 1,478 2,591 4,555 1,020 822 1,189 1,979 2, 212 3,095 5,137 1,752 2,029 1,683 2,727 4,045 1,074 1,142 4,029 1,269 1,440 770 1,154 4,058 550 598 475 759 1,543 1,133 4,018 1,265 1,436 770 1,148 4,049 547 598 475 751 1,538 1,103 3,868 1, 202 1,399 785 1,099 3, 220 545 588 449 707 1,484 4,964 1,624 1,873 1,475 2,599 4,574 1,028 835 1,205 2,009 2,215 886 1,258 2,156 2,186 Country banks in p l a c e s with population of l e s s than 15,000 Total 13/476 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas City Dallas San Francisco 380 1,571 1,098 1,199 905 1,049 1,993 1,045 835 1,623 1,471 308 14,197 369 1,563 1,094 1,190 953 1,055 1,990 l , 045 843 1,6l4 1,492 310 10,229 4i8 1,641 1,153 1,260 967 1,059 2,142 1,106 900 1,693 1, 525 333 10,217 1,950 1,354 1,207 770 612 1,578 5% 738 567 • 361 272 1,936 1,345 1,203 802 611 1,574 536 563 357 272 9,835 297 1,868 1,276 1, l 4 l 776 583 l , 518 520 728 524 327 275 J_ # U . S . Government d e p o s i t s included, p r i o r t o December 1, 1959• 1 / Includes any banks in outlying s e c t i o n s of reserve c i t i e s which have been given permission t o c a r r y the same r e s e r v e s as country banks; a l s o includes member banks in Hawaii. Footnotes f o r preceding page ( J . l ) : 1 / Averages of d a i l y closing f i g u r e s f o r r e s e r v e s with F- R. Banks and borrowings and of d a i l y opening f i g u r e s f o r other columns, inasmuch as r e s e r v e s r e q u i r e d are based on d e p o s i t s a t opening of b u s i n e s s . 2 / Demand d e p o s i t s subject t o reserve requirements, i . e . , gross demand d e p o s i t s minus cash items reported as in process of c o l l e c t i o n and demand balances due from domestic banks. 3 / Revised weekly f i g u r e s compared with those given i n published weekly statements: Required reserves J u l y 20 J u l y 27 Aug. 3BZ Aug. 10PZ Preliminary. Digitized forp /FRASER 18,245 18,077 18,100 18,010 Excess reserves 517 475 493 499 Free reserves 88 124 178 206 lb DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS - - Continued (Averages of d a i l y f i g u r e s ; in millions of d o l l a r s . Comparability of f i g u r e s i s a f f e c t e d somewhat by changes in Federal Reserve membership, absorptions, e t c . , p a r t i c u l a r l y in States or other areas designated by an a s t e r i s k . ) Country banks in Demand deposits except interbank Time deposits places with a and auu U v •. Su. • Government uuv cj. ujuciiu population of July 14-27,| June 30- (July 16-31, July 14-2% June 3°- July 16-31; I960 July 13, I960! 1959 l e s s than 15,000 I960 | July 13,19601 1959# Total 10,217.0 9,834.9 T3TWFT3 13,519.8" lS7l97^T 10,226.6 -97827.2 Total, a l l States 13,470.0 10,207• 13,512.9 14,190.2 New England 297.0 279.8 280.0 369.5 380.2 80.5 Maine * 66.0 75-7 73^~ 65.O 75.8 34.2 New Hampshire 34.8 67.1 73-6 35-0 69.7 Vermont * 103.9 95-1 68.3 54.2 95-2 54-7 Massachusetts 49.3 50.7 145-9 159.2 154.5 51-3 Rhode Island Connecticut 29.1 23.5 43.2 36.3 22.7 36.3 3,444.4 3,602.1 Middle Atlantic 3,078.3 2,925.9 1.624.9 2.936.8 New York 1, 206.4 1.313.2 1,349.2 1,138.1 1,360.2 1,143.4 New J e r s e y 854.4 807.9 728.1 747.9 861.2 733.6 Pennsylvania .1,124.0 1,398.5 1.323.3 1,059.7 1.403.5 1.059.8 E. North Central 2,541.0 2,635.4 3,207.1 2,988.9 2.644.6 3.014.9 Ohio 748.7 "812.2 -787.5 767~ 781.1 790.4 Indiana 460.9 301.5 314-5 497.8 315.4 459.2 Illinois 701.6 1,244.5 1,149.0 742.7 1,161.8 745.2 Michigan 488.2 483.4 368.9 347.9 490.1 350.7 Wisconsin 305.8 263.4 302.5 283.7 262.1 303.5 W. North Central 1,018.6 994.6 2,140.2 1,985.2 1.020.8 1.990.1 Minnesota 359.0 347.2 ~W'1 333-7 349.0 331.4 I ova 154.2 324.4 156.9 346.5 156.0 320.4 Missouri 157.8 158.8 346.8 377.5 159.7 347.3 North Dakota 56.8 87.6 96.0 57.3 58.1 85.7 64.1 South Dakota 65.8 116.1 130.0 114.6 64.5 Nebraska 67.1 307.6 72.5 331.9 72.8 307.4 Kansas 160.0 147.2 469-0 511.1 160.7 483-3 1,066.1 South Atlantic 1,099.2 1,515.6 1,539.1 1,465.9 1.068.4 Delaware * 4.0 3.8 5.1 5.3 4.0 3-7 Maryland * 157.0 167.6 164.9 159.3 126.1 125.8 Virginia 415.6 423-6 404.3 393.8 424.6 391.0 West Virginia 129.1 119.3 192.9 197.9 189.1 129.2 North Carolina 62.1 66.0 125.7 130.9 66.6 125-7 South Carolina 88.4 89.2 32.6 32.9 88.3 32.6 Georgia 114.2 110.0 60.7 59.7 112.6 62.1 Florida 214.2 432.6 223.9 433.4 429.4 223.5 E. South Central 386.2 365.8 680.5 692.5 666.2 387.1 Kentucky ioonr 106.4 262T9 256.3 107.1 247.7 Tennessee 182.5 185.O 143.9 151.9 181.0 152.2 Alabama 178.2 92.1 97.1 171.3 167.8 97.0 66.4 Mississippi 30.8 29.4 70.4 30.8 69.7 W. South Central 543.0 2,078.3 2,093.7 593.7 600.1 2,050.3 Arkansas 65.7 158.7 155.4 75.6 76.1 157.8 . Louisiana 88.3 83.9 173.4 177.5 88.9 177-6 Oklahoma 123.3 134.3 390.2 398.3 389.8 136.3 Texas 270.1 1,343.8 1,374.7 295.5 298.8 1,325.1 Mountain 381.0 358.7 721.9 751.3 720.5 381.7 100.6 Montana 184.4 109.6 197.5 180.9 109.5 Idaho 16.7 26.7 17.7 27.6 27.1 17.7 Wyoming 49.6 108.2 52.8 103.5 103.4 53.0 Colorado 110.1 107.0 268.0 260.2 264.0 110.3 New Mexico 114.4 42.5 47.6 110.7 48.0 109.0 4.0 Arizona 4.0 5.4 4.1 6.2 5-3 Utah 34.4 28.0 28.5 35-3 27.5 35.3 Nevada 2.6 2.2 2.4 3-9 3-8 216.6 Pacific 247.1 211.3 270.3 245.1 211.5 Washington 47.8 5878 45.7 55-6 47.8 55-2 Oregon * 24.7 21.5 35-0 24.1 34.9 32.9 California * 142.4 129.1 117.1 125.4 125.7 117.7 Alaska 21.7 20.3 21.9 31.3 3 8.0 Virgin Islands 9.8 b2 6.6 ft 9.8 jF U. S. Government deposits included, p r i o r t o December 1, 1959
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