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I.TO-/ J.l 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, AM) BORROWINGS OF MEMBER BANKS, FIRST HALF OF JULY 1959 (Averages of daily figuresi/. In millions of dollars) ~~ Demand Gross demand deposits Net demand Time balances due Reserves with F.R.Banks U. S. deposits 2/ deposits from domestic Total Interbank Govt. Other Total Required Excess banks 121,348 13,170 3,877 104,301 103,389 54,896 18,497 3/18,120 369 23,603 6,050 4,164 1,169 48,108 2,375 1,162 3,019 5,853 2,942 3,414 5,455 2,485 1,283 3,393 3,738 12,988 6,459 344 45 464 8 720 546 676 311 859 882 660 978 249 1,424. 70 54 101 209 81 69 218 71 66 77 113 293 1,226 137 225 106 103 88 18,462 4,632 20,407 5,212 40,225 1,W 1,063 2,454 5,11° 2,445 2,625 4,691 1,737 905 2,457 2,743 12,035 40,9 3,291 6,564 2,779 40,311 2,121 1,018 2,556 5,081 2,462 2,692 4,601 2,031 1,018 2,689 2,938 11,104 104 22,145 222 658 536 889 3,104 506 265 631 1,130 10,722 2,038 21 34 101 178 119 250 234 123 46 267 377 286 3,898 1,008 3,9^4 1,011 7,770 3G2202 444 7,759 16T201 449 as 490 914 362 181 483 546 2,369 $ 489 914 360 181 -26 - 3 12 ~T~ 1 •I - 5 1 August 6, 1959 Borrowings at Federal Reserve Banks 126 59 539 T 10 a 1 44- 73 12 '11 82 $ 2,368 5,434 412 960 404 44l Country banks 43,586 26,274 37,459 4,311 5,820 386 263 Boston 3,573 - 4 S 3,114 1,397 199 429 lT 23 New York 6,929 l4o 6,128 5,729 386 1,007 68 47 Philadelphia 2,910 25 2,545 2,471 262 430 22 27 Cleveland 3,278 2,859 2,533 311 482 4l 12 Richmond 2,782 1! 2^68 311 360 27 Atlanta 4,085 3,732 487 498 Chicago 6,338 6,034 5,467 664 4,758 902 839 33 St. Louis 2,253 60 2,146 47 1,066 1,932 272 288 266 22 8 Minneapolis 1,854 70 50 1,612 1,735 1,308 185 264 243 21 10 Kansas City 3,063 125 2,864 422 2,575 ' 970 364 26 332 32 Dallas 3,924 3,645 3,221 1,040 608 450 4o6 44 10 San Francisco — — — • 2,596 -tv fv n, •+(? ^45 76 2,241 2,475 203 1,757 346 12 8 334 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 amounted to $92,871 million. For numbered footnotes see next page. & g t'Ml tie' IS i sr DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BATIKS — Continued (Averages1 of daily figures. In millions of dollars) Federal Reserve District Time deposits Demand deposits except interbank 1st half 2nd half I 1st half 1st half 2nd half 1st half July 1959 June 1959 July 1958 July 1959 June 1959 July 1958 Country banks in places with potjulation of 15,000 and over l/ Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 28,023 27,939 26,805 16,467 16,405 15,372 3,024 5,179 1,749 2,001 1,676 2,752 4,059 1,080 3,065 5,157 1,736 2,012 1,669 2,698 4,060 1,069 l, 234 2,174 2,177 1,101 3,864 1,199 1,397 785 1,104 3,243 547 582 449 714 1,482 1,099 3,846 1,193 1,393 780 1,102 1,241 2,160 2,216 2,951 4,964 1,710 1,944 1,673 2,553 3,975 1,043 849 1,191 2,090 1,863 1,055 3,643 1,101 1,311 768 1,045 3,066 537 540 4ll 661 1, 234 886 886 ^$46 580 447 717 1,464 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 14,185 13,942 13/569 9,807 9,741 9,145 405 1,611 1.136 1,252 980 1,071 2.137 1,113 898 1,696 1,551 335 394 1,576 1,121 1,243 961 1,058 2,122 1,081 888 1,646 1,527 325 391 1,536 1,118 1,224 951 984 2,077 1,063 859 296 1,864 1,272 1,137 773 583 1,516 519 726 521 326 275 294 1,846 1,264 1,132 278 1,782 1,214 1,076 718 525 1,408 483 673 461 273 254 i:S 305 1,513 510 722 518 325 272 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 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 July July July 2/ Preliminary 1 8 15 , 22 P/ 29 2/ Required reserves Excess reserves Free reserves 18,069 18,017 18,229 18,445 18,323 317 435 411 531 379 »6o4 -592. -591 -381 -511 «/.lb DEPOSITS, RESERVES, M P 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.) Demand deposits except interbank* Time deposits 1st half) 2nd half "1st half " 1st half 2nd half 1st half July 1959 IJune 1939 IJuly 1958 IJuly 1959 . Jure 1959 IJuly 1958 Country banks in places vith a pemulation of less than 15,000 Total 14, I&. 5 ' 13,9^7 13,569 ^ f\ " 9 > W 3 9/7%! .4 9,"1^5.1 Total, all States 9,300.0 _9i.133.i3 13,935-5 13756^0 9,137.. New England 393-6 390" 2931T 284.6 295.8 Maine 30.0 70.5 72.2 80.4 75 ."4 72.5 New Hampshire 67.6 65.1 31.0 33-7 33.9 Vermont. 61.8 64.9 66:4 102.6 97.6 103.7 Massachusetts* 148.7 149.8 46.6 43.8 48.4 153.0 Rhode Island Connecticut* 42.2 41.9 49.6 34.0 29.0 28.9 Middle Atlantic 2,979.4 2,920.3 3,032.1 3,264.7 3,433.5 3,407.7 Mew York 1,100.7 1,175-5 "1,147.6 1,311.7 i,29srr~ 1, 240.0 New Jersey* 723.1 717.2 741.1 755-9 797.7 803.2 Pennsylvania 1,103.7 1,102.9 1,268.8 1,115.5 1,318.6 1,313.9 E, North Central 3,183.9 _3, 151_^8 3,080. _&52?j3_. 2,376.0 , 2,_53 OhIG 802.3 "793^*776.7 7f3.2 709.3 Indiana 498.2 431.3 500.8 287.3 301.9 301.3 Illinois 1,214,5 1,199.6 650.2 1.234.5 699.0 699.6 Michigan 366.0 344.4 481.0 442.6 364.9 482.4 Wisconsin 274.9 281.4 286.6 277.6 304.2 305.3 W. North Central 2,083.8 2,035.6 2.139.6 976.6 910.5 Minnesota 340.3 345.1 341,0 "333:6324.4 3% 5 Iowa 351.4 154.8 353.6 352.7 143.5 155.0 Missouri 367.6 380.8 363.7 147.4 148.3 156.6 North Dakota 86.7 95.7 49.6 56.7 56.6 95.6 South Dakota 118.3 130.9 65.4 131.1 57.4 65.7 Nebraska 328.1 321.2 66.2 65 «5 57.8 332.9 Kansas 452.6 501.4 473.7 144.9 146.0 130.4 South Atlantic 1,534.8 1,560.8 1,490.7 1,063.8 1,056.8 991.5 Delaware* 16.2 5.1 5.2 5-2 13.7 5.3 Maryland* 162.5 176.8 166.2 152.0 150.3 154.8 Virginia 401.4 381.6 4ll.4 406.8 379-3 414.7 West Virginia 200.4 197.5 107.4 200.5 117.7 118.8 North Carolina 126.6 129.0 62.0 133.6 62.1 59.6 South Carolina 91.1 87-7 92.8 32.6 30.9 32.9 Georgia 114.1 111.0 115.1 60.0 52.1 59-6 Florida 434.1 440.6 390.4 216.3 198.2 215.2 E. South Central 662.0 695.2 328.4 363.2 366.6 Kentucky 263.4 255.2 9276 267.3 99. 101. Tennessee 180.6 175.9 186.5 142.7 131.0 143.8 Alabama 173-6 167.3 172.3 91.6 81.3 92.1 Mississippi 63.6 67.7 69.1 29.1 29.2 W. South Central 2,101.2 2,022.6 2.136.3 460.7 540.5 535.9 Arkansas 155 n r ~W>9 ~Vw2~ 57.3 157-3 65.1 Louisiana 181.0 161.0 81.6 180.6 73 »4 83.2 Oklahoma 391.3 367.5 121.5 403.2 104.5 122.7 Texas 1,344.2 268.6 1,395.2 225.5 269.5 Mountain 711.0 356.5 321.1 Jllh2u^ 744.1 -358/ Montana 195.1 198.6 191.5 100.5 100.7 91.9 Idaho 26.1 26.9 27.1 17.0 16.0 17.0 Wyoming IO6.3 103.4 108.0 42.1 48.9 49.2 Colorado 249.0 263.7 266.6 107.0 99.0 107.0 New Mexico 115.5 105.9 42.1 116.7 34.6 42.3 Arizona 4.4 4.1 5-3 4.1 5.3 3.9 Utah 28.2 27.7 29.3 31.0 34.7 Nevada 3.0 3.5 2.7 2.6 3-8 Pacific 261.1 244.0 270.2 200.2 213.7 215.5 ™5.0 Washington* 57.2 467o~ 59.5 59-2 45.7 Oregon* 40.3 33.6 20.4 20.4 34.9 20.9 California* 136.2 140.9 127.8 142.5 128.4 129.9 Alaska* 20.5 33.6 20.5 3.9 Y;' "gin Islands 6.6 8.0 7.2 7.9 _ S i t; n 8
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