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i
J.l

i
•
,Class of bank
and
Federal Reserve 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

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, ANJ) BORROWINGS OF MEMBER BANKS, SECOND HALF OF JULY 1956
August 21, 1956
(Averages of dally figures!/ In millions of dollars)
Demand
Reserves with F. R. Banks Borrowings
Gross demand deposits
balances due
Time
Net demand
at Federal
deposits
from domestic
deposits 2/
Reserve
Total Required Excess
Total JInterbankI Other
Banks
113,858
6,295
18,717
18,172
544
41.431
98.230
643
12.719
101.139
22,727
5,978

4,117
1,154

18,611
4,825

20,111
5,248

3,369
1,305

67
110

4,203
1,121

4,191
1,115

13
6

66
42

44,769
2,230
1,064
2,870
5,581
2,660
2,898
5,321
2,435
1,137
3,380
3,523
11,669

6,176
339
38
468
518
382
585
533
648
296
832
810
72 6

38,593
1,892
1,026
2,401
5,063
2,278
2,313
4,788
1,788
84l
2,548
2,712
10,943

38,074
1,990
934
2,451
4,877
2,287
2,396
4,566
2,055
926
2,748
2,795
10,050

16,701
225
499
352
1,999
612
549
2,636
428
209
472
769
7,951

1,967
28
31
98
169
108
187
233
112
42
286
376
298

7,752
367
194
46l
985
449
466
963
393
178
526
549
2,223

7.688
369
193
459
978
442
459
954
391
177
518
542
2,207

64
-2
1
2
7
6
7
9
2
1
8
7
16

409
5
13
66
54
l412
127
25
40
35
14
3

Country banks
20,058
4,151
5,640
46l
126
40,383
1,272
39,111
34,798
5,179
Boston
224
452
426
26
134
1,199
3,053
3,372
3,505
5
New York
926
876
28
6,218
6,081
4,239
50
355
137
5,536
264
Philadelphia
2,007
415
16
21
382
2,350
2,698
2,677
33
2,161
6
287
46
496
Cleveland
3,200
2,847
450
27
3,227
294
2,646
122
1,254
Richmond
2,234
370
2,524
331
19 39
468
465
1,121
3,466
432
Atlanta
270
3,736
3,135
35
9
874
12
633
Chicago
94
5,072
78
3,751
796
5,765
5,859
264
1,811
283
823
2,114
24
2
258
2,057
St. Louis
57
182
68
246
1,606
10
, 222
24
1,674
1,451
Minneapolis
958
8
120
2,802
2,682
649
42
315
Kansas City
2,357
399
357
612
580
442
6
185
3,023
3,487
49
3,673
393
Dallas
204
1,284
311
2,232
296
2,195
1,929
15
San Francisco
37
5
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 $88,710 million.
For numbered footnotes see next pag,e.




DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS —
(Averages of daily figures.
Federal
Reserve
District

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

Continued

In millions of dollars)

Demand deposits except interbank:
Time deposits
2nd half
2nd half
1st half
2nd half
1st half
2nd half
July 1956 July 1956 July 1955> July 1956 July 1956 July 1955
Country banks in places with population of 15,000 and over 1/
25,787

26,163

25,136

12,535

12,484

11,936

2,946
4,596
1,510
1,981
1,599
2,592
3,760
1,007
801
1,130
2,026
1,840

2,923
4,728
1,563
1,986
1,624
2,623
3,816
1,023
814
1,140
2,033
1,890

2,814
4,448
1,497
1,916
1,547
2,479
3,687
994
813
1,121
2,005
1,815

965
2,833
915
1,209
645
761
2,540
448
413
316
447
1,042

961
2,823
911
1,205
643
759
2,528
446
411
316
446
1,035

967
2,687
873
1,145
621
724
2,392
436
403
294
380
1,014

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

13.323

13,432

13,158

7.521

7,505

7,313

425
1,485
1,166
1,219
925
874
2,005
1,050
805
1,552
1,462
355

411
1,502
1,171
1,226
936
893
2,021
1,054
818
1,560
1,478
363

381
1,479
1,177
1,191
886
788
1,996
1,015
799
1,580
1,465
403

234
1,406
1,092
952
609
360
1,212
375
545
333
164
241

234
1,406
1,088
952
607
358
1,207
372
543
332
162
244

227
1,401
1,067
927
574
324
1,182
360
527
318
140
265

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.




J.lb
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS -- Continued
(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 or territory designated by an asterisk.)
Demand deposits except interbank
Time deposits
2nd half
1st half
2nd half
2nd half
1st half
2nd half
July I936I July 19561 July 19551 July 19561 July 19561 July 1955
Country banks in places with a population of less than 15,000
Total, incI.Alaska 13,323,288 13,432,370 13,158,286 7,523,053 7,565783? 7,313,442
Total, all States 13,320,409 13,429,609 137155,926
7,502,000 7,311,103
New England
451,647
403,8
240,633
437,304
247,945
- 9 5
Maine *
63,442
67,511
72,134
71,775
677355
New Hampshire
69,689
28,863
65,836
60,934
28,705
27,645
Vermont
65,505
63,869
58,409
65,895
65,925
65,959
Massachusetts
170,414
45,680
46,050
154,912
161,599
45,654
Rhode Island
804
824
1,746
1,782
^ 750
1,792
Connecticut *
36,781
73,042
73,460
38,616
38,528
65,373
Middle Atlantic
2,896,283 2,919,991 2,897,031 2,729,590 2,724,958
New York *
1,047,532 1,054,019 1,035355
95%75l&"
959,27^
958,463
New Jersey *
612,838
706,004
616,576
714,366
709,844
615,843
Pennsylvania *
1,142,747 1 , 1 5 1 , 6 0 6 1,148,821 1,155,284 1,151,866 1,125,035
E. North Central
2,060,514 2 , 0 1 5 , 6 7 8
2
Ohio
618,247
634,470
786,344
788,393
767,655>
633,984
Indiana
482,48c>
234,004
244,075
245,066
487,253
487,975
Illinois
518,126
532,840
1,145,970 1,151,612 1,105,14C>
535,029
Michigan *
400,261
394,803
349,296
368,865>
397,637
350,575
Wisconsin
260,768
263,626
250,498
2 5 6 , 0 3 s»
252,147
251,492
W. North Central
688,710
706,585
1,974,877 1,992,958 2,004,775
707,606
Minnesota
260,944
310,664
301,569
267,585
295,543
267,952
Iowa
121,079
121,734
121,547
325,533
332,915
332,949>
Missouri
100,216
107,306
348,638
107,566
359,936
357,757
North Dakota
84,148
81,569
36,524
82,995
36,990
36,963
South Dakota
112,415
42,112
112,259
119,696
41,693
42,235
Nebraska
310,468
310,715
50,810
52,051
331,127
50,950
Kansas
483,893
482,568
80,366
80,075
76,203
495,253
South Atlantic
1,403,282 1,425,334 1,310,164
790,541
743,692
793,950
Delaware *
16,915
12,528
12,482
12,988
16,923
18,795
Maryland
173,788
141,839
132,708
140,792
175,372
167,538
Virginia
360,736
292,108
364,492
310,58T 310,214
348,277
West Virginia
192,645
181,540
95,012
193,742
94,761
89,659
North Carolina
130,829
132,260
124,726
51,852
50,345
51,769
South Carolina
85,811
20,340
88,381
81,852
19,843
20,215
Georgia
106,072
36,260
108,617
36,248 '
100,371
33,364
Florida *
336,486
125,532
124,060
287,065
112,677
345,547
E. South Central
620,530
241,086
604,179
634,577
222,067
239,804
Kentucky
251,238
64,010
70,635
245,332
256,937
70,531
Tennessee
165,117
101,185
167,475
100,931
163,509
93,825
Alabama
155,365
56,031
56,024
159,706
147,255
51,535
Mississippi
48,810
48,083
13,235
50,459
12,318
12,697
W. South Central
1,971,060 1,995,153 1,929,549
294,201
291,376
255,807
Arkansas
149,338
150,288
42,427
139,002
42,029
38,171
Louisiana *
144,385
145,465
119,144
50,853
50,468
40,499
Oklahoma
349,983
69,528
63,838
337,140
6
9
,
2
9
8
358,197
Texas
1,327,354 1,341,203 1,334,263
131,393
129,581
113,299
Mountain
706,521
258,068
710,454
251,820
734,139
257,079
Montana
192,847
64,245
194,829
191,205
58,561
63,908
Idaho *
36,901
36,760
40,125
18,031
17,807
17,832
Wyoming
98,699
97,802
99,768
28,387
31,351
31,315
Colorado
234,499
77,860
234,373
242,723
77,164
77,583
New Mexico
93,476
26,683
94,302
26,752
19,494
93,965
5,952
Arizona
6,000
6,018
1,955
1,785
1,929
40,214
36,102
Utah *
41,244
40,504
35,847
51,439
Nevada *
3,933
2,342
10,862
6,458
2,332
3,918
265,299
180,563
Pacific
291,882
183,198
272,936
195,497
Washington *
46,544
78,241
46,125
66,351
71,497
43,963
Oregon *
43,934
44,323
48,567
20,699
18,901
19,396
California *
155,014
165,074
128,254
157,116
117,677
117,699
Alaska
2,761
2,360
2,879
2,834
2,711
2,339