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j.l
Class of bank
Federal Reserve District

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, SECOND HALF OF JULY 1959
August 21, 1959
(Averages of daily figures^/ • In millions of dollars)
Demand
3orroT ' ngs |
Gross demand deposits
Cash
Net demand
Time balances due Reserves vith F.R.Banks at Feu
in
deposits 2/ deposits from domestic
Total Interbank U. S. Other
Total Required Excess Reserve
vault
Govt.
banks
Banks
122,0b? 12,638
105,183
54,744
6,214
4,925 105, 304
18,833 3/18, 405 3/528
2,228
929

All member banks
Central reserve city banks*
24, U09
1, 521 18,853
4,035
Net; York
6,224
1,138
320
4,765
Chicago
6,164
48,706
1,735 4o,808
Reserve city banks
Boston
1,961
78
2,375
335
Nev York
1,186
1,083
45
58
Philadelphia
463
116
3,034
2,455
Cleveland
6,103
528
378
5,196
Richmond
80
2,466
388
2,933
Atlanta
661
101
3,454
2,692
Chicago
244
4,769
523
5,537
St. Louis
2,449
630
1,743
77
Minneapolis
86
298
891
1,275
Kansas City
811
86
2, 561
3,459
Dallas
822
2,801
3,780
157
San Francisco
13,120
658
273 12,189
Country banks
43,528
1,301
1.349 40,878
Boston
151
3,651
137
3,362
Nev York
6,908
246
130
6,533
Philadelphia
24
140
2,928
2,764
Cleveland
25
96
3,315
3,193
Richmond
110
101
2,760
2,549
Atlanta
244
4,030
113
3,673
6,028
6,324
Chicago
137
159
2,238
2,126
St. Louis
57
55
66
1,856
1,720
Minneapolis
69
122
82
Kansas City
2,869
3,073
200
68
Dallas
3,881
3,613
San Francisco
2,564
2,446
45
73
NOTE: Demand deposits adjusts,! (demand deposits other than interbank
collection) of all member baniis amounted to $93,833 million.
For numbered footnotes see next page.




4,964
4,058
20,989
4,026
76
187
115
32
1,465
4
1,047
5,389
1,043
29
99
37
22,031
2,045
40,937
483
7,901
45
7,856
699
222
20
2,113
11
362
360
17
3
644
1,040
6
204
26
205
1
35
2, 566
109
452
450
2
36
36
537
1,018
28
178
1,012
6
5,316
2,693
113
114
448
2,483
451
765
3658
3
892
247
501
498
45
2,751
71
3
4,686
3,104
231
928
105
932
71
3
2,018
120
26
506
361
27
358
3
266
44
181
1,017
2
11
183
27
80
282
484
2,744
632
34
493
9
6
1,115
546
36
2,973
552
375
33
6
10,656
11,229
2,386
191
292
2,391
57
1,384
26,285
5,480 348
222
37,869
5,828
3,994
1,400
14
118
421
16
205
3,192
437
221
6,171
1,005
966
364
38
5,736
39
120
18
22
2,478
429
407
2,574
253
4o
136
301
487
447
2,911
2,539
9
108
281,561
283
2,347
336
23
359
26
126
428
465
4901
3,464
1,683
25
64
207
8431
623
32
5,510
4,737
907
66
288
1
268
20
6
1,065
245
1,951
48
266
246
20
13
1,634
171
1,317
68
304
23
2,631
370
338
31
973
10
548
3,244
445
409
37
1,035
95
2, 240
1,760
71
189
345
334
10
7
and United States Government, less cash items reported as in process of

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BAMS--Continued
(Averages of daily figures. In millions of dollars)
Federal
Reserve
District

Demand deposits except interbank
Time deposits
2nd half 1st half 2nd half 2nd half 1st half 2nd half
July 1959 IJuly 1959 IJuly 1958 July 1959 I July 1959 IJuly 1958
Country "banks in places with population of 15>000 and over l/

Total

28,029

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

3,095
5,137
1,752
2,029
1,683
2,727
4,045
1,074
886
1,258
2,156
2,186

28,023
3,024
5,179
1,749
2,001
1,676
2,752
4,059
1,080
886
1,241
2,160
2,216

26,330
2,928
4,831
1,647
1,920
1,632
2,509
3,901
1,033
838
1,179
2,084
1,830

16,450

16,467

15,434

1,103
3,868
1,202
1,399
785
1,099
3,220
545
588
449
707
1,484

1,101
3,864
1,199
1,397
785
1,104
3,243
547
582
449
714
1,482

1,061
3,647
1,105
1,306
765
1,055
3,091
540
542
4l4
665
1,240

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

14,197

14,185

13,477

9,835

9,807

9,190

4l8
1,641
1,153
1,260
967
1,059
2,142
1,106
900
1,693
1,525
333

405
1,611
1.136
1,252
980
1,071
2.137
1,113
898
1,696
1,551
335

398
1,514
1,116
1,231
934
967
2.057
1.058
847
1,586
1,472
298

297
1,868
1,276
l,l4l

296
1,864
1,272
1,137

281
1,789
1,221
1,086
721
524
l,4l6
485
676
463
273
255

lit

1,518
520
728
524
327
275

Si
1,516
519
726
326
275

l/ Includes any banks in outlying sections of reserve cities which have been given
permission to carry the same reserves as country banks; also includes member
banks in Hawaii.
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/ Revised weekly figures compared with those given in published weekly statements:

July
July
Aug.
Aug.

22
29 ,
52/
12£/

2/for
Preliminary
Digitized
FRASER


Required
reserves

Excess
reserves

Free
reserves

18,488
18,353
18,300
18,087

488
349
396
535

-424
-541
-638
-538

J.lb
DEPOSITS, RESERVES. AND BORROWING OF MEMBER BANKS — Continued
(Averages of daily figures,7 in "millions of dollars. Comparability of figures
is affected somewhat by changes in Federal Reserve membership, absorptions,
etc., particularly in States or other areas designated by an asterisk.)
Demand deposits except interbank
Time deposits
2nd half 1st half 2nd half 2nd half 1st half 2nd half
July 1959 .July 1959 IJuly 1958 IJuly 1959 I July 1959 IJuly 1958
Country
vvvuiWAj banks
k/wji-w in
A-fcplaces
v-e with
w vn c
at population of less than 15,000
Total
14,197.4 lff7I8£.5 "I3l%77.1
9,834.9 9,807.5 r/97l5"9.8
Total, all States 14,190! 2 14^177.4 13 7472 .*3 9TB27.2 9,800.0 r/9, 152.2
New England
417.7
404.7
405.2
287.4
295,8
_29Z,_q_
Maine
^74
' SoTT"
72 <2
80.5
72 .T
73TT
New Hampshire
66.6
34.2
31.6
73.6
70.9
33.9
Vermont
66.4
60.9
68.3
103.7
99.6
103.9
Massachusetts*
46.0
48.8
153.0
155.6
159-2
49.3
Rhode Island
Connecticut*
42.2
29.0
. 34.1
43.2
49.7
29.1
Middle Atlantic
3,032.1
2,892.0
3,444.4 3,433.5 r/3,278.2
3.078.3
New York
1.206.4
1,244.0
1,175.5
1.313.2 1,311.7
1,079.9
New Jersey*
803.2
741.1
718.4
, 761.1
747.9
807.9
Pennsylvania
1.124.0
1,318.6
1/1,273.1
1,115.5
1,093.7
1.323.3
E. North Central
3,183.9
3,077.6
3.207.1
2,393-5
2,541.0 2,535.9
Ohio
'802.3
7I0T3
790.4
612.2
747.3
748.7
Indiana
500.8
474.6
301.3
287.7
497.8
301.5
Illinois
1.234.5
652.8
1,244.5
1.195.6
701.6
699.6
Michigan
482.4
446.4
364.9
368.9
483.4
341.7
Wisconsin
281.4
288.3
283.7
275.3
305.3
305.8
W. North Central
2.139.6
2,140.2
989.6
2.032.7
915.6
994.6
Minnesota
355.1
"325.4
J27.3
343.5
347.2
345.7
Iowa
144.3
349.6
155.0
352.7
346.5
154.2
Missouri
380.8
156.6
148.5
365.7
157.8
377-5
North Dakota
96.0
87.4
56.6
95.6
56.8
49.9
South Dakota
65.8
131.1
130.0
117.9
65.7
57.8
Nebraska
67.1
66.2
331.9
318.9
332.9
58.3
Kansas
147.2
511.1
146.0
501.4
465.9
131.4
South Atlantic
1,066.1 1,063.8
1,560.8
1,462.4
994.2
1,539-1
Delaware*
16.0
13.8
5.2
5.1
5.3
5-3
Maryland
166.2
164.9
154.8
151.4
172.9
157.0
Virginia
404.3
406.8
415 -6
414.7
382.4
376.7
West Virginia
197-9
119.3
118.8
200.5
107.3
195.5
North Carolina
62.1
130.9
62.1
133.6
123.8
59.3
South Carolina
89.2
92.8
86.7
32.9
31.1
32.9
Georgia
114.2
108.4
60.0
115.1
51.2
59.7
Florida
440.6
432.6
214.2
382.4
215.2
197.7
E. South Central
692.5
366.6
695.2
365.8
329.6
653.5
Kentucky
262.9
100.4
250*75"
267.3
101.5
92.9
Tennessee
185.0
143.9
186.5
143.8
173.1
131.5
Alabama
178.2
166.0
92,1
81.5
172.3
92.1
Mississippi
66.4
64.0
29.4
69.1
29.2
23.7
W. South Central
2,006.0
2,093.7 _&136.3
460.9
543.0
540.5
Arkansas
146.5
155.4
65.1
157.3
65.7
57.
Louisiana
180.6
173.4
83.2
73.8
157-5
83.9
Oklahoma
390.2
403.2
123.3
104.9
367.4
122.7
Texas
270.1
1,374.7
224.7
1,395.2
1,332.6
269.5
Mountain
751.3
358.7
322.0
754.3
704.2
358.8
lSBTo™
Montana
100.7
92.1
100.6
Idaho
27.1
17.0
15.8
25.9
16.7
Wyoming
108.2
108.0
102,2
42.3
49.6
49.2
Colorado
268.0
266.6
107.0
249.7
107.0
99-4
New Mexico
114.4
42.5
116.7
104.7
42.3
34.9
Arizona
4.0
5.4
4.2
4.1
5.3
3.9
Utah
28.5
34.4
26.5
31.0
29.3
34.7
Nevada
2.6
2.6
2.7
3.0
3.8
Pacific
270.3
216.6
270.2
201.2
238.7
215.5
Washington*
58.8
5H7T
45.7
4578
59-2
45.7
Oregon*
35.0
21.5
20.4
20.9
34,9
39.1
142.4
California*
129.1
142.5
128.4
131.1
138.3
Alaska*
20.3
3.2
20.5
3.9
Virgin Islands
8.0
3:1
4.8
8.0
7.2
r/ Revised

3

ii