View original document

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

J({
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FOR THE BIWEEKLY PERIOD ENDED AUGUST 10 i960
(Averages of daily figuresi/• In millions of dollars)
'
Class of bank
and
F. R. District
All member "banks
Cent.res.city bks.:
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

U. s.

Total

Interbank

120,988

12,992

Govt.
5,632

23,778

4,l4o
1,186

1,285
337

6,052

47,297
2,329™
1,139
3,009
5,790
3,009
3,318
4,877
2,423

1,250

3, 343
3,773
13,038

T

6,335
471
517
409
654
558
656
326
839
859
661

2,228

"TIB"
74
156
402
114

118
327
101
84
112
169
453

102,364
18,353
4,530
38,734
T7B73"
1,016
2,382
4,870
2,485
2,545
3,992
l, 667
840
2,393
2,746
11,925

Demand
Net demand
Time
balances
deposits 2/ deposits due from
dcm.bks.
102,815
6,487
55,870
20,062

5,261

39,728
—5737T~
1,005
2, 541
5,085
2, 532
2,646
4,118
1,985

1,000

2,670
2,998
11,071

Country banks
43,861
1,331
1,783
40,747
37,764
Boston
3,625
144
175
3,306
3,148
New York
7,016
127
349
6,540
6,229
Philadelphia
2,913
27
163
2,723
2,545
Cleveland
3,227
25
137
3,065
2,823
Richmond
2, 590
99
103
2, 388
2,193
Atlanta
3,966
126
239
3,601
3,373
Chicago
7,022
152
281
6,589
6,029
St. Louis
2, 210
59
2,072
79
1,894
Minneapolis
1,816
73
78
1,665
1,565
Kansas City
3,078
129
124
2,826
2,601
Dallas
3,760
209
83
3,468
3,086
San Francisco
2,636
47
86
2,278
——
—
'
'2,503
-S
r
Demand deposits adjusted (demand deposits other than interbank and
collection; of all member banks amounted to $90,678 million.
For numbered footnotes see next page.




4,647
1, 500

21,601
SOT
663
630

2,820
826
927

2, 528
523
263
648
1,123
10,447

8,121

86
107
1,971
35
98
173
142
271
174
131

$
g

4, 322
201
398

With
F. R.
Banks

18, 276
3,845
1,025
7,608
354"
191
450
964
447
483
795
353
179
480
555
2,355

Reserves
Allow- I
able in | Required
cash
|
283

3/18,061

1

1,022

73
9
1
19
14
5
13
3
1

2
6

3,844

7,635
"353"
198
451
980
459
483
806
354
178
473
551
2, 349

August 26, i960

Excess
'3/49r
2
3
46

2~

1
1
3
2
5
2
2
1
9
7
12

Borrowings at
F. R.
Banks
304
1
105
87

7
2

18
8
10
10
24
2
3

5,798
209
5,560
447
112
42
15
4l8
21
9
1,009
29
985
5
26l
405
32
412
1
8
46o
303
30
443
46
5
278
327
23
318
12
31
450
47 8
18
460
36
17
755
997
946
33
83
19
272
284
5
263
26
1
196
258
5
24
239
6
413
2
373
12
338
1,126
590
434
9
14
396
47
-1,806
L, ouo
206
350
6
341
4
15
United
States Government, less cash items reported as in process of
1,434
6,00 4
2,633
2.658
1, 546
1,778
5.659
1,096
1,340
1,042

J.la

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER B A M S —
(Averages of daily figures.

Demand deposits except interbank
Time deposits
and U. S. Government
Aug. 1-15,
July 26 - July 14-27, Aug. 1-15, July 28 I960
Aug. 10, i960
Aug.1Q I960
1959
I960
1959 #

§ I
1 I

Federal
Reserve
District

Continued

In millions of dollars)

over 1/

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

27,248

27,305

28,032

17,905

17,787

16,460

2,923
4,991
1,630
1,857
1,478
2, 561
4, 575
1,021
832
1,188
1,995
2,197

2,905
4,964
1,624
1,873
1,475
2,599
4,574
1,028
835
1,205
2,009
2,215

3,043
5,194
1,746
2,033
1,681
2,708
4,078
1,070
894
1,247
2,145
2,192

1,153
4,059
1,295
1,446
774
1,166
4,074
554
600
472
763
1,548

1,142
4,029
1,269
1,440
770
1,154
4,058
550
598
475
759
1, 543

1,113
3,866
1,204
l,4oo
786
1,093
3,210
548
590
450
700
1,499

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

13,499

V13A78

14,303

10,216

10,229

9,859

383
1, 549
1,093
1,208
910
1,040
2,014
1, 051
834
1,638
1,473
306

380
1,571
1,098
1,199
905
1,049
,1,993
£/l, 047
835
1,623
1,471
308

417
1,630
1,174
1,265
984
1,077
2,159
1,112
910
1,704
1,533
337

281
1,945
1, 338
1,212
772
612
1, 585
542
740
570
363
257

280
1,950
1,354
1, 207
770
612
1, 578
539
738
567
361
272

293
l, 872
1,281
1,145
778
587
1, 522
521
730
526
326
277

xj Revised.
# U . S . Government deposits included, prior to December 1, 1959•
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):
1/ Averages of daily closing figures for reserves with F. R. Banks 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:
Required
reserves
Aug. 3
Aug. 10
Aug. 17EA
Aug. 242/

Digitizedp/forPreliminary.
FRASER


18,104
18,018
17,982
17,931

Excess
reserves
488
507
582
455

Free
reserves
173
2l4
166
262

J -lb
DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS -- Continued
'.(Averages of daily figures; 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.)
Country banks in
Demand deposits except interbank
Time deposits
places with a
aUU U.
U • S.
O • Government
uUV 8i'LluIGGu
and
population of
July 28 - IJuly 14-2%|Aug. 1-15, July 28 - IJuly 14-27,(Aug. 1-15,
less than 15,000 Aug.1QI960 . I960
1959 #
Aug.1Q I960!
I960
1959
' 13,498.6
1 X l.r>B"£r/13,478.1
V-Ao L45-4— 14,302. a
Total
10,215.8 1/10,228.7
9,859.4
Total, all States
10,206.4
13,492.0 l/l3,471.8 - i
10,219.1
9,851.3
New England
D.O
261.3
293.2
Maine *
81.1
65.0
76.1
75^8
W
New Hampshire
71.0
74.6
35-0
69.7
34.5
35.2
Vermont *
54.7
104.7
69.1
54.7
95.4
95.2
Massachusetts
161.1
155.4
50.0
154.5
51.3
51.9
Rhode Island
Connecticut *
36.5
38.2
22.9
22.7
22.7
36.3
Middle Atlantic
2,936.8
3,090.1
2,909.9
3,624.9
3,604.7
3.454.5
New York
1,117-3
1,181A
1,143-4
1,360.2 1,316.2
1,357.7
New Jersey
747.4
860.8
861.2
774.6
811.7
733-6
Pennsylvania
1,045.2
1.059.8
1,386.2
1.326.6
1.403.5
1,133.7
E. North Central
3,046.7
2.644.6
3.014.9
2,656.5
3,229.1
2,546.5
Ohio
709.8
781.1
81475
794.2
790.4
751.9
Indiana
465.8
459.2
317.0
315.4
301.9
503.3
Illinois
1,173.2
1,161.8
1,244.9
748.5
704.3
745.2
Michigan
481.8
490.1
492.4
353.7
350.7
380.3
Wisconsin
264.2
262.1
286.1
304.4
306.6
303.5
W. North Central
2,003.4,
1,990.1
1,024.4
1,020.8
2,153.6
999.2
Minnesota
329.6
331.4
349.8
349.0
347.4
Iowa
321.4
156.0
320.4
348.6
156.0
155.9
Missouri
348.7
161.1
158.2
347.3
377.2
159.7
North Dakota
85.6
58.1
85.7
58.1
97.2
56.9
South Dakota
H4.6
115.7
64.7
66.4
64.5
131.9
Nebraska
3H.2
307.4
73.1
72.8
66.9
335.7
Kansas
491.2
161.6
k&3.3
160.7
511.7
147-5
South Atlantic
1,463.3
1,068.2
1,068.4
1,465.9
1,568.9
1,071.3
Delaware *
4.0
4.1
4.0
5-2
3.7
5-3
Maryland *
129.4
126.1
126.1
169.9
125.8
157-3
Virginia
408.8
394.9
424.6
425.2
391.0
416.7
West Virginia
190.0
189.1
129.4
129.2
117.0
198.3
North Carolina
124.0
66.8
132.0
66.6
64.8
125.7
South Carolina
87.6
88.3
32.7
32.6
33.1
95.3
Georgia
111.6
112.6
60.1
120.4
62.1
59.8
Florida
421.8
429-4
223.8
439.0
223.5
217.3
E. South Central
667.O
1/668.0
388.1
700.7
366.1
387.1
Kentucky
248.0
107.5
1/249.r
26579
107.1
100.5
Tennessee
181.2
181.0
186.6
152.6
144.0
152.2
Alabama
168.1
180.1
167.8
97.1
97.0
92.2
Mississippi
69.7
68.1
30.9
69.7
30.8
29.4
W. South Central
2,049.3
603.6
2,101.7
600.1
542.2
Arkansas
157.5
76.4
66.1
155.4
76.1
Louisiana
176.3
174.8
177.6
89.7
88.9
83.5
Oklahoma
389.4
136.8
389.8
123.8
391-3
136.3
Texas
1, 326.1
1,380.2
300.7
1,325.1
298.8
268.8
Mountain
725.4
720.5
383.2
360.0
759.3
381.7
100.6
Montana
110.0
180.9
198.0
100.7
109.5
Idaho
27.0
27.1
17.6
27.4
17.0
17.7
Wyoming
104.2
103.4
108.4
50.0
53.3
53.0
Colorado
267.1
264.0
110.9
273-6
110.3
107.7
New Mexico
111.0
48,1
109.0
48.0
117.0
42.4
Arizona
6.1
6.2
4.2
4.1
4.0
5-2
Utah
27.1
27-5
27.3
34.3
35.3
Nevada
2.3
2.4
2.4
3.8
3-9
Pacific
243.8
245.1
196.4
274.8
211.5
218.3
Washington
55.5
55.2
47.9
47.8
45.8
•5
Oregon *
31.0
23.4
24.1
32.9
22.0
37.0
124.6
California *
101.9
125-7
143.4
117.7
130.2
Alaska
32.7
23.2
31.3
34.9
21.9
20.3
Virgin Islands
6.7
6.6
8.1
7.2
9.6
9.7

w

-Mm-

1:1

¥

U. S. Government deposits included, prior to December 1, 1959

Digitized r/
forRevised.
FRASER