View original document

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

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FIRST HALF OF JULY 1951
(Averages of daily figures 1/. In millions of dollars)

j,l

Class of bank
and
Federal Reserve District

Groos demand de;Dosits
Total Inter- Other
bank

Met
demand
deposits

y

Time
deposits

V

Demand
1bsiloiicBs due
from domestic
banks

Reserves with F. R. Banks
Total
Required Excess

August 7, 1951
Borrowings
0.4*u "T
7*/-xeuui
/•! ci
H_L
a
r
Reserve
Banks

86,764
30,057
5,744
19.264
18,489
99.418 11,456 87,962
All member banks
774
199
Central reserve city banks:
20,650
1,907
3,384 18,669
37
5,063
- 8
5,070
70
22,553
New York
1,122
116
1,138
4,566
5,129
1,298
1,294
5,704
13
- 4
Chicago
32,687
11,904
1,819
7,252
Reserve city banks
37,979
187
5,444 32,536
7,439
75
180
1,818
1,899
278
2,096
1
33
396
391
Boston
5
813
290
893
38
30
183
180
New York
922
3
3
101
222
2,043
2,146
Philadelphia
1
414
2,457
443
3
443
1,526
507
172
961
4,326
4,255
Cleveland
18
4,833
943
3
2,007
116
1,976
Richmond
17
2,327
351
428
2
444
4#
1,802
1,894
427
Atlanta
149
2,272
470
430
25
404
3
2,030
503
4,146
264
Chicago
6
4,341
975
951
4,849
24
1,879
103
338
St, Louis
580
1,634
405
2,214
396
9
3
836
290
164
50
1,033
793
191
Minneapolis
187
5
4
260
2,239
Kansas City
2,534
392
3,033
793
556
26
530
7
606
2,261
2,137
379
275
Dallas
508
2,743
475
33
618
7,966
San Francisco
8,483
5,513
258
9,101
21
1,945
1,924
38
Country banks
28,299
33,132
990 32,192
15,124.
3,773
5,468
4,869
599
41
2,763
2,506
Boston
105
1,047
185
2,868
10
451
37
414
New York
101
4,862
4,369
3,356
902
4,963
333
813
89
15
Philadelphia
20
2,142
1,727
240
2,444
2,464
450
404
46
3
Cleveland
2,672
22
1,729
290
2,332
2,694
60
490
1
430
Richmond
2,098
1,836
109
901
_2*2Q7
274
362
311
51
4
Atlanta
2,293
183
2,550
692
&,732
346
1
407
363
44
Chicago
4,601
4,007
2,692
4,686
812
85
567
722
90
St. Louis
1,812
1,755
1,537
240
57
649
2
284
30
254
Minneapolis
1,381
1,223
726
63
134
1,445
28
243
215
Kansas City
61
2,222
1,901
2,283
342
356
287
2
332
45
Dallas
152
2,521
3,110
2,958
296
2
534
423
371
53
San Francisco
1,887
1,625
1,918
31
968
224
286
2
313
27
NOTE: Demand deposits adjusted (demand deposits other than interbank and United States Government, less cash items reoorted as in process
of collection) of all member banks estimated at 76,500 million dollars.
For numbered footnotes see next page.




J.la
DEPOSITS. RESERVES, AND BQRROUIIIGS OF MELIBER B.MJKS- Continued
(Averages of daily figures. In millions of dollars)
Federal
Reserve
District
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

i Demand deposits except interbank
Time deposits
1st half
2nd half 1st half 1st half I 2nd half 1st half
July 1951 June 1951 July 1950 July 1951 June 1951 July 195Q
Country banks in places with population of 15,000 and over 1/ 2/
20,675
9,375
20,759
19,130
9,400
9,359
851
838
2,430
840
2,431
2,189
2,280
2,343
2,282
. 3,758
3,729
3,417
821
837
1,448
824
1,453
1,407
936
922
1,582
926
1,595
1,446
460
1,317
1,297
1,226
454
457
50.6
496
1,926
500
1,807
1,947
1,725
1,778
2,910
2,892
2,607
1,789
380
375
847
811
851
382
330
671
316
632
313
675
131
783
136
796
139
774
185
1,630
231
1,418
1,633
231
706
697
1,405
1,346
711
1,429

I
I

11-025
315
1,044
937
1,032
753
561
1,599
879
698
1,450
1,327
430 :

*3
§

11.251
321
1,100
979
1,063
761
597
1,674
891
694
1,406
1,319
447

I

11,433
333
1,134
996
1,077
781
603
1,691
903
706
1,426
1,325
458

•g

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

5.725
207
1,074
903
803
444
191
903
267
408
203
65
258

5.690
206
1,065
897
798
441
192
897
268
407
200
64
255

:,ooo 2/
5,678
210
1,064
909
792
440
186
889
268
420
191
59
250

1/ Includes any banks in outlying sections of reserve cities which have been
given permission to carry the same reserves as country banks,
2/ Classification by population is based on the 1950 census; comparative figures
for 1950, previously reported on the basis of the 194-0 census, have been
revised.
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.
2/ Includes some interbank and U, S, Government time deposits; the amounts on call
report dates are shown in the Member Panic Call Report.




v>.
' J.lb

DEPOSITS. RESERVES, AND BORROWINGS OF MEMBER BAIiKS -^ontlnumd,
(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 designated by an asterisk.)

Demand deposits except interbank
Time deposits
1st half
2nd half
1st half 1st half I 2nd half 1st half
July 1951 June 1951 July 1950 July 19511 June 1951 July 1950
Country banks in places with population of lees than 15.000 1/
Total, all States 11.632.788 11.250.982 11.025.088 5,724.735 5.689.830 5.677,863
New England
351,084
217.993
217.094 223.055
338,553
334.946
Maine
58,871
51,245
55,157
54,992
55,240
52,854
New Hampshire
23,251
48,697
24,053
50,959
49,593
24,237
Vermont
55,191
47,087
55,653
49,672
52,120
55,835
Massachusetts
125,390
130,035
48,082
135,330
47,818
49,027
Rhode Island
916
1,460
1,447
993
993
1,549
Connecticut*
32,966
56,968
58,828
57,911
35,166
33,139
Middle Atlantic
& m , S L 5 _ 2,346,552 2.236.507 2.213.535 2.198.160 2.206.969
New York
781,298
701,922
696,027 698,224
807,998
742,527
New Jersey
517,683
533,612
497,298 491,106
492,409
501,009
Pennsylvania
1,060,305 1,047,571 1,001,571 1,010,604 1,004,835 1,017,639
E. North Central
2,670,098 2.460.698 2.343.1:0 1,594,255 1.586.688 1.573,693
Ohio
624,227
632,687
603,386
502,520
498,739 491,683
Indiana
402,133
372,252
173,397 170,410
174,252
404*173
Illinois
917,467
904,053
395,530 389,195
927,862
396,063
Michigan
286,379
266,525
303,203 300,967
289,511
305,038
Wisconsin
210,492
196,894
215,865
215,819 221,438
216,382
W. North Central
499.606 508.627
502.489
1,.621,608. 1.801.442 1.805,086
Minnesota
246,090
202,070 210,645
202,521
249,896
250.349
Iowa
315,236
311,027
88,056
#,768
88,363
318,859
Missouri
299,190
302.350
66,021
287,734
66,247
64,753
North Dakota
75,985
82,261
76,978
29,281
29,203
30,763
South Dakota
118,162
27,120
118,342
26,957
27,448
118,544
Nebraska
317,296
321,099
309,837
45,096
43,853
42,770
Kansas
429,483
42,898
433,429
445,989
43,118
#,971
South Atlantic
1,099,973. 1.079.223 1.043.601
539,426
235,342 531.232
Delaware
18,367
17,268
11,709
18,317
11,820
11,834
Maryland
129,394
140,561
135,772
97,501 103,914
98,638
Virginia
299,748
287,147
217,139 210,546
305,675
218,543
West Virginia
170,001
168,492
74,016
74,170
174,364
74,401
North Carolina
107,864
103,51S
44,755
43,927
45,294
South Carolina
%
69,159
67,516
16,042
16,220
16,046
Georgia
88,308
82,519
23,914
89,853
24,548
24,032
Florida
196,382
176,382
50,269
46,073
195,435
50,652
E. South Central
548.557
542.925
148.898 147,726
•556,86:1 „
147,692
Kentucky
242,365
247,946
245,607
43,584
44,182
43,701
Tennessee
139,125
139,156
141,680
58,967
59,885
Alabama
127,132
117,572
124,904
37,689
, i s
35,171
Mississippi
41,663
38,251
8,702
42,442
8,658
8,488
W. South Central
.733.572 1.716.993 1.760.838
A29.602
127.719 .121,427
Arkansas
127,781
125,827
130,559
a , 609
21,400
2i7IB
Louisiana
73,320
71,511
29,981
72,573
23,855
23,713
Oklahoma
306,279
296,457
31,717
335,524
33,086
Texas
1,223,414 1,218,182 1,227,976
50,295
49,378
45,548
Mountain
660.957
620.461
634.2"
170.086
168.861 163.077
Montana
160,229
164,183
159,079
42,136
42,036
42,113
Idaho
41,086
43,139
12,227
43,440
12,220
12,382
Wyoming
89,444
84,475
89,947
19,161
19,199
18,994
Colorado
210,926
210,120
213,330
49,382
48,681
43,572
New Mexico
74,656
71,010
74,571
11,536
11,148
10,665
Arizona
5,276
5,338
4,330
1,146
1,135
1,045
Utah
43,466
44,377
39,735
28,989
28,948
28,973
Nevada
8,041
8,090
7,416
5,501
5,494
5,3f3
Pacific
356,720
346.678
337.814
209.659
207.459 202.057
Washington *
76,185
74,719
78,168
37,678
37,364
38,924
Oregon
88,775
80,899
85,328
28,305
27,594 .25,922
California
186,631191,760
178,747
143,676
142,501 137,211
1/ For footnote see preceding page regarding classification by population.