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.