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BOr.KD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DUrOSITS, RESERVES, AND BORROWINGS OF M M E RANKS, SECOND HALF OF NOVEMBER 19^7
E BR
(Averages of d a i l y f i g u r e s 1 / . In millions of dollars)"

Net
Demand
Gross demand deposits
balances due
demand
Time
Class of bank
and
~ T o - deposits deposits from domestic
Total
2/
other
F.R. d i s t r i c t
S o I A L - c
All member banks
28.266
5.839
-21*jlQ9 11,915.
JZS^JDh. 79.82L
Central reserve c i t y banks:
New York
2 2 , 6 9 7 / h,l6o K
1,158^
58
18,537/ 20,796
Y
Chicago
5 , 2 7 0 / 1,152V
14,118- ' 1,72^
156
Reserve c i t y banks
5ii.Ui5 _ 9.512
28.611 _^_3SZ_
11.358
1.838
Boston
1,688^
1,76^
277 /
,9o5 /
197 X
35
New York
570 v
23
29
511/
U96
305*^
Phi ladelyhia
266^
; 2,052
360 v/
2,3^/
80
1,987"
Cleveland
187
3,K20
3,WI8
3,939 vy k / l " /
Richmond
2, m y
101
1,858
l,779V
365/
Atlanta
2,072/
1,611V ^ 1,752
1:62 %
129
Do/
Chicago
k,052/
2,138 A
190 / /
3,116
3,5#
309
S t , Louis
2,026 v / 603 1/
101
1,126V 1,716
32k/
Minneapolis
1,070/
76iv
173^
902
317/
Kansas City
2,595V
900/
2,376
363/
1,995%:
Dallas
2,112
2U7
613 V
1,900/
2,513/
338/
San Francisco
8,510
5,028/
300
576
7,158
7,93V
C ountry banks
29s599 , 1 .091
LH.558
2l;.9li6
28.507
3,787
Boston
1,107<
2,270
" 192
2,037
New York
1,087/
1,003'
3,315/
305
3,581
Philadelphia
2,056/)
200
2, O i l /
1,638/
1,793
Cleve land
25 V
2,1*2$/
2,102^// 2,085
L,7U9 /
277
Richmond
2,168/ 135
B7li/
1,780
302
2,033
Atlanta
2,1; 12 /> 1 7 7 - / 2,235 4 2,019
70I;/
331
Chicago
3,8l;6 v,
80 /y
2,371/
517
3,766/
3,259
St. Louis
62o//
1,936 V
1,<%3
1hk
259
1,529
Minneapolis
1,511x7/
202
82 ,
1,271
750/
I,L3O
Kansas City
2,320/
80/
31o/|
105
1,895
2,239K
Dallas
2,761V
2,608/ 2,138
15U /
585
San Francisco
1,016
211
27
1,768 ' l,56o
NOTEj Demand d e p o s its a d j u s t e d (demand deposit-:other than interbank and United S t a t e s Government,
of c o l l e c t i o n ) of a l l member banks estimate; a t 72,350' r i l l ion.
For r, bered footnotes see next




4

8/

/

IP\

December 17, V)[{]

Reserves with F. R. Banks
Total

Required

.i6,9&i.
1;,290
1,010

ht'-h7

Excess

16,m

6.7ILO

376
120

998
6.553
366
117

790
U11
392
oUlt
367

1;26
7o6
398
375
817
363

. 19U

191

h3i

Borrowings
a t Federal
he serve
-2ZCL-.

43

11

_ia^_
11
2
13

16
26
5
3
28
23
Itl
„J16Z_
31
65

31*
5
3
5
21
15

21;
15
11
18
6
21;
2
29
. 58..
10
22
3
5

525
U97
U65
UU3
1,33L
1,793
h. 366
a.033
382
352
700
766
1*6
396
319
67
U6U
397
301
h
38
3lo
1
3li
325
359
1
%8
^385
87
251
203
h
223
257
328
20li
66
312
378
23
296
273
less cash i^ems reported as in process

I

J. la
DEPOSITS, RESERVES, AND B OREO ZINGS OF I.IEKBER BANKS - (Conf d)
(Averages of d a i l y f i g u r e s .

In thousands of d o l l a r s )

Demand d e p o s i t s except i n t e r b a n k
2nd h a l f
2nd h a l f
2nd h a l f
1st half
Nov. lql*7
Nov. 1947 Mov. 1946 Nov. 191*7

Time d e p o s i t s
1st half
2nd h a l f
Nov. 1941 Nov. 1946

Country banks l / i n p l a c e s v.-ith p o p u l a t i o n of 13,000 end over
16,OOl*.757 *16,000,166 15,926,344) 8,1*81,1^55 8,528,557
Boston
£ew York
Philadelphia
Glevoland *
Richmond
Atlanta
Chicago
S t , Louis
^Minneapolis
Kansas CityDallas
San Francisco'

8,224,576

1,923,015 1 , 9 3 4 , 0 4 4
877,618
871,929
2 , 9 3 2 , 7 9 1 2 ,9 1 8 ,3 0 3 2,11*9,1*38 2 , 1 7 0 , 1 5 4
1 , 0 9 8 , 3 ^ 3 1,135,019
7k2,%5
749,993
1,340,910 1 , 3 7 7 , 1 7 4
921,922
924,022
1,130,170 1,152,099
393,610
403,007
1,571,782 1,561,082
U90,81*3
491,442
2 , 0 1 0 , 2 1 7 1,966,245 1,1*11,051 1,416,007
616,995
336,127
337,050
r63a,977
601,340
581,320
298,856
298,631
555,284
534,387
106,932
105,895
985,013
917,243
142,300
112,539
1 , 1 8 8 , 5 0 4 1,232,433;
610,619
611,176

872,727
2,120,167
721,671
895,828
387,761
479,356
1,320,885
311,135
283,358
104,775
128,633
598,280

1,918,95)
2,936,1*82
l , loli, 006
1,31:5,756
1,126,0)3
1,563,302
2,012,831
662,1+22
598,587
557,609
992,1:37
1,186,329

Country banks i n p l a c e s w i t h p o p u l a t i o n of loss t h a n 1 5 , 0 ' 0
12,502,65L r!2 , 570,285 12,235,142 j 6 , 0 7 6 , 6 1 1 r6,101*,.775 _5,789.679
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o
~ij

351,013
352,099
1,066,565
1,079,803
936,651
938,603
1,056,350
1,073,367
906,657
914,538
671,582
674,210
1,753,512
1,755,997
1,030,200 r l , 037, 070
833,756
831,077
1,681,682 1,684,219
1,615,296 1 , 6 2 2 , 4 3 1
604,192
602,039

231,709
357,462
235,935
1,078,372 1,165,1*71 1,176,958
895,595
952,404
902,747
827,510
1,084,178
834,259
1*71,202
930,552
472,393
213,261
693,011
213,973
960,309
1,684,919
960,155
283,175 r 2 8 3 , 1 ) 6
1,005,644
766,237
451,61*6
450,852
1,583,871
201*, 572
205,843
1,467,097
61*,1*96
63,387
30l*, 665
631,395
305,137

230,081

1,122,871
859,344

800,586

450,282
203,890
900,117
260,792
414,551
193,679
55,706
297,780

I n c l u d e s any banks i n o u t l y i n r s e c t i o n s of r e s e r v e c i t i e s vzhich have boc
given permission t o c a r r y the same r e s e r v e s as c o u n t r y banks. ,.11 re:;
c i t i e s have a p o p u l a t i o n of ir.orv t h a n 15,000.

£ / Revised. S t , Louis D i s t r i c t , a l s o Indiana and Kentucky ( s e e f o l l o w i n g p a g e ) ,
demand d e p o s i t f i g u r e s a r e a l s o b e i n g r e v i s e d by approximately same amounts
i n September-October, 191*7.
Footnotes f o r p r e c e d i n g page ( J . 1 ) :
V a v e r a g e s of d a i l y c l o s i n g f i g u r e s f o r reserves and borrowings and of d a i l y openl Q g f i g u r e s f o r o t h e r columns, inasmuch as r e s e r v e s r e q u i r e d a r e based on
d e p o s i t s a t opening of b u s i n e s s .
2 / Demand d e p o s i t s s u b j e c t t o r e s e r v e r e q u i r e m e n t s , i . e . , gross demand d e p o s i t s
minus c a s h items r e p o r t e d as i n process of c o l l e c t i o n and demand b a l a n c e s due
from domestic banks.
3 / I n c l u d e s some i n t e r b a n k and U.S.Government time d e p o s i t s ; the amounts on c a l l
r e p o r t d a t e s are shown i n the member Bank C a l l ' R e p o r t .




J . lb

DEPOSITS, RESERVES, AND BORROWINGS CF MEMBER BANKS L ( C o n t ' d )
(Averages of d a i l y f i g u r e s ; i n thousands of d o l l a r s . 'Comparability of
f i g u r e s i s a f f e c t e d somewhat by changes i n F e d e r a l Reserve membarshio,
a b o s r p t i o n s , e t c . , p a r t i c u l a r l y i n s t a t e s d e s i g n a t e d by an a s t e r i s k )
nTime d e p o s i t s
Demand d e p o s i t s except i n t e r b a n k
2nd h a l f
2nd h a l f
1st half
2nd h a l f
1st half
Nov. 1917
Nov. 1947 N o v . 1 Q Z 6 Nov. I 9 U Nov. 19/7 Nov. 1946
Country banks i n p l a c e s w i t h p o p u l a t i o n of l e s s than 1$,000

T o t a l , a l l S t a t e s 12.50S.66L r ! 2 , 5 7 0 , 5 8 9
New England
367,198
369.015
Maine
57,364
57,884
New Hampshire
71,807
75,645
Vermont*
h6,66h
46,968
Has s achus e t t s
129,128
129,672
321
Rhode I s l a n d
802
Connecticut
58,564
58,191
Middle A t l a n t i c '
2,290.719
2 ,3 1 8 ,0 9 3
New York
747,262
733,364
535,880
New J e r s e y
535,796
1,021,589 1 , 0 3 4 , 9 5 1
Pennsylvania
Ohio
Indiana
Illinois
Michigan
Wisconsin
W.North C e n t r a l
I.!innesota

591,131
138,350
956,958
307,356
194,464
2.o62.1i77
272,539
317,921
Missouri
318,298
North Dakota
101,74o
South Dakota
175,106
Nebraska
352,119
Kansas
191,151
South A t l a n t i c
1,228,116
Delaware
18,920
Maryland
153,682
Virginia
331,813
77est V i r g i n i a
189,068
North C a r o l i n a
11+8,683
South C a r o l i n a *
9l,5H
Georgia*
100,62k
>lorida
187,785
E.South C e n t r a l
665,009
Kentucky
278,978
Tennessee
179,229
Alabama
152,988
Mississippi
53,811
W.South C e n t r a l
2.151.L57
Arkansas
171,612
Louisiana*
82,1*99
Oklahoma
L2q i g i
, 1,172,162
Mountain
•
790,705.
Montana
191,125
Idaho
81,251
uyoming
96,708
Colorado
251,100
New Mexico
111,517
Arizona
1,813
Utah
18,781
Nevada*
8,807
Pacific
1x55.384
Washington
98,125
Oregon*
91,602
California
265,657

598,285
rUiO,756
959,679
310,521
195,004
2,070,827
270,445
346,419
318,550
104,424
176,908
354,856
499,225
1 ,2 3 6 ,5 4 7
19,045
157,201
339,419
187,424
148,456
95,781
101,664
187,557
1*670,306
r281>395
181,456
153,955
53,500
2,159,788
171,720
81,660
425,383
1,481,025
'781,485
183,959
82,888
95,534
247,861
109,918
4,807
47,718
8,800
459,979
99,815
92,956
267,208

12.235,14*[6,076,611 r6.10lt.775 5.789,679
240,646
375,171 215,769 _247.053
66,673
67,452
57,178
29,012
28,571
77,688
29,394
57,.091
5,6,791
54,130
48,929
55,877
56,454
55,953
130,430
1,529
1,518
1,469
745
60,201 35,ool
'33,845
35,144
2 , 2 4 4 , 7 # te,320.1*12 2 . 3 4 5 . 8 3 3 2 , 2 4 0 . 8 2 8
740,046
773,464
7 4 2 , 4 5 9 - 767,691
510,083
529,210
537,485
540,352
990,699
1,061,952 1,023,178 1 , 0 3 4 , 8 8 4
1 , 6 ^ , 192 r l , 6 6 . 6 , ^ 9 0 1,565,135
505,122
598,127
480,333
505,335
163,305
435,008
175,530 r 175, 316
906,821
383,809
342,929
381,397
315,626
371,429
359,825
371,015
232,814
218,743
199,1^6
2)2,885
1,912,248
491,154
535,394
535,126
216,606
217,134
263,775
199,559
87,489
95,250
314,464
95,363
70,061
65,587
68,915
313,241
28,652
28,568
24,721
89,46
32.412
147,521
35,463
35,121
320,278
40,315
44,173
Mi, 039
41,071
45,269
45,273
463,503
556,713
1,271,8^4
585,530
581,195
11,899
11,936
11,639
19,068
126,631
125,753
122,556
159,199
203,758
203,981
190,655
348,237
81,753 '
81,790
182,li6
79,484
51,H2
51,251
158,301
50,847
18,280
16,160
18,274
97,567
29,776
27,240
102,436
29,789
61,831
61,878
204,850
58,132
153.092
151,214
153,733
659,154
45,662
271,748
45,582
15,169
61,862
62,482
182,897
61,903
155,070
33,520
35,735
35,760
10,554
9,960
9,550
49,439
1,981,222
128,410
132,609
139,96L
28,260
28,861
165,480
27,501
76,049
27,908
27,905
25,684
33,H0
400,916
33,162
31,368
50,689
1,338,777
49,678
43,857
181,602
760,872
181,197
177,418
hi,006
165,307 1
40,804
36,376
84,556
17,211
17,193
17,098
94,090
20,973
20,091
20,997
240,649
49,744
49,791
49,369
12,119
104,551
12,428
11,963
371
928
4,460
932
49,968
33,701
33,548
33,421
17,291
8,229
5,532
5,532
475,120
238,161
2 1 7 , 2 5 9 - 247,936
96,922
42,707
42,757
42,098
28,266
28,494
27,153
94,904
176,236
168,910
283,294
176,735

r / R e v i s e d ; see f o o t n o t e on preceding page.




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