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B O A R D OF GOVERNORS OF T H E FEDERAL RESERVE SYSTEM

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS. FOR THE BIWEEKLY PERIOD ENDED NOVEMBER 30, i960
December 19, i960
(Averages of daily figures!/. Id millions of dollars)
Demand
Reserves
BorrowUiUub UcLQULlU UcpUol U0
CurrGucy
Class of bank
Net demand
Time balances With
Allowings at
and
deposits 2/ deposits due from F. R. able in Required Excess F. R. and coin
Inter- u. S.
Other
T tal
F. -R. District
Govt.
dan .bks. Banks cash
bank
Banks
2,462
All member bonks
106
17,490 1,730 3/18,317 3/902
57,505 7,049
123,935 14,075
5,177 104,683 103,767
Cent. res.city bks.
4
161
5,216
19,728
123
3,696
94
1,038
18,473
78
3,713
23,813 4,303
New York
101
10
6
986
5,234
17
294
4,576
1,549
6,134 1,264
31
993
Chicago

J.L

Reserve city banks
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Country banks
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

48,737
2,410
1,098
3,088
5,786
3,166
3,421
4,849
2,646
1,312
3,503
3,948
13,509
45,251
3,735
7,164
2,996
3,330
2,747
4,06l
7,210
2,318
1,946
3,116
3,943
2,68s

6,995
359
47
509
557
466
735
5 88
813
355
88 2
997
688

2,088
105
64
127
312
125
105
324
95
72
114
136
510

1,514
138
130
30
28
130
279
169
76
88
142
251
. 53

1,757
195
318
147
144
1C8
122
285
76
82
106
77
97

40,233
39,653
2,083
1,946
989
953
2,451
2,527
4,918
5,009
2,646
2,575
2,667
2,582
4,050
3,936
2,142
1,738
1,020
885
2,741
2,506
3,026
2,815
11,370
12,311
41,981
38,571
3,218
3,401
6,326
6,717
2,604
2,820
2,897
3,158
2,284
2,509
3,400
3,660
6,181
6,757
1,948
2,165
1,667
1,776
2,614
2,868
3,124
3,615
2,309
2,535

collection) of all member banks amounted to $91; 564 million.
For numbered footnotes see next page.




22,147
224
641
652
2,864
840
948
2,540
543
271
689
1,238
10,698
28,593
1,447
5,951
2,670
2,692
1,548
1,832
5,783
1,123
1,367
1,095
1,202
1,883
and United

2,073
25
34
107
191
138
242
183
131
39
266
419
298

7,314
347
165
420
891
426
463
729
368
179
490
549
2,286

556
11
24
33
89
59
36
78
21
5
23
25
152
5,494 1,061
4,752
221
384
93
4i6
172
945
280
368
98
322
109
433
86
301
330
442
100
498
167
778
952
46
322
277
261
215
32
4o
435
369
66
718
430
23.6
333
53
States Government, less cash

7,746
355
189
450
970
479
487
795
381
182
487
561
2,411

125
4
4
10
7
11
12
9
3
26
13
26

47
3
1
3
7
3
5
1
2
3
15

751
20
28
46
114
72
49
98
31
10
35
40
208

5
5,865
690
49
1,519
442
2
34
133
1,025
248
92
5
130
433
33
3
lUU
468
74
2
112
340
47
5
l4l
60
483
8
241
1,000
120
7
69
l
280
43
50
1
260
33
68
11
54
355
101
6
419
77
81
26
—
360
items reported as in process of

///?
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS -- Continued
(Averages of daily figures. In millions of dollars)
Federal
Reserve
District

Demand deposits except interbank
Time deposits
and U. S. Government
Nov. 17-30, Nov. 3-16, Nov. 16-30, Nov.17-30, Nov. 3-16, Nov. 16-30,
I960
1959
I960
I960
I960
1959 #
Country banks in places with population of 15,000 and over 1/

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

Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
#

28,006

28,250

28,803

18,236

18,399

16, 310

3,012
5,118
1,707
1,931
1,526
2,596
4,67.1
1,060
878
1,198
2,088
2,221

3,068
5,207
1,724
1,930
1,552
2,578
4,718
1,062
898
1,192
2,081
2,240

3,205
5,438
1,790
2,100
1,720
2,717
4,151
1,108
908
1,230
2,178
2,258

1,167
4,004
1,336
1,465
774
1,198
4,166
568
615
507
834
1,602

1,179
4,172
1,353
1,477
784
1,207
4,102
571
616
509
821
1,608

1,100
3,807
1,186
1,422
766
1,079
3,181
539
589
454
696
1,491

13,975

14,133

14,603

10,357

10,4ll

9,751

280
1,947
1,334
1,227
774
634
1,617
555
751
589
368
282

284
1,967
1,352
1,235
776
631
1,621
555
750
584
373
281

277
1,813
1,271
1,113
777
586
1,521
524
731
540
327
270

390
1,599
1,113
1,227
982
1,064
2,085
1,106
898
1,670
1,527
314

405
1,602
1,130
1,238
994
1,069
2,109
1,122
914
1,682
1,543
324

415
1,665
1,197
1,250
1,049
1,079
2,168
1,174
929
1,690
1,650
338

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

1/ 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
Nov.
Nov.
Dec.
Dec.

23
30 .
JW
1W

Digitized2/
forPreliminary.
FRASER


18,153
18,482
18,216
18,241

Excess
reserves

Free
reserves

608
1,195
701
716

509
1,082
641
646

///y

J.lb
DEPOSITS, RESERVES, ANDffORROWINGSOfr MEMBER BANKS — Continued
(Averages of dully figures; in millichs of dollars» Uomparability 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
and U. S. Government
population of
Nov .17-30T]NOV . 3-16,"[Nov .16-30,Nov.17-30* Nov. 3-16, Nov.16-30,
less than 15,000
I960
I960
1959
I960
I960
1959 #
Total
13,975.0 14,133.3 14,602.9 10,357.1 10,411.2 9.750.6
Total, all States 13,967.9 1O27.7
14,596.5 10,345.6 10,399.4 9,741.9
New England
414.8
264.5
276.9
359.6
' 405.4
279"^"
Maine *
60.0
57.2
-5BT
7^5
~mr
73-5
New Hampshire
38.1
33.8
73-6
74.1
37.0
77.6
Vermont
93.0
96.1
55.4
96.7
58.2
57.5
Massachusetts
48.3
167.8
52.1
177.4
172.5
50.3
Rhode Island
Connecticut *
23.1
23.1
36.4
38.2
35.8
22.7
Middle Atlantic
3,641.6 3,386.0
3,148.9
3,600.4
2,981.5
3,005.7
New York
1,384.4 "1,261.0
1,159.0
1,199.4'
1,153.9
1,370.5
New Jersey
865.8
805.9
765.0
768.9
792.3
857.0
Pennsylvania
1,062.6
1,077.8
1,157.2
1,391-4 1, 319.1
1,372.9
E. North Central
2,719.9 2, 515.2
3,146.9
3,182.8
3,237.5
2,711.2
Ohio
812.6
till.l
721.1
805.4
796.1
•9
Indiana
302.8
522.6
503.6
325.0
498.9
323.7
Illinois
1,264.8
711.8
766.2
1,217.9
1,233.5
763.8
Michigan
368.8
362.1
504.7
473.3
376.3
503.7
Wisconsin
306.2
311.4
262.6
265.8
277.7
311.1
W. North Central
1,041.7 1,003.3
2,135.2
2,072.3
2,097.5
1,042.6
Minnesota
348.0
35b.0
347.7
350.7
353-3
353-6
Iowa
156.4
346.8
156.8
156.6
338.7
333.4
Missouri *
164.6
384.6
362.4
156.2
163.5
357-7
North Dakota
101.0
58.6
57.4
95.2
97.5
58.7
South Dakota
64.5
66.5
131.6
137.2
129.4
67.O
Nebraska
68.8
338.4
75.0
331.8
332.6
76.6
Kansas
166.9
476.5
476.0
166.6
152.3
479.5
South Atlantic
1,622.0
1,087.5 1,066.2
1,558.3
1,087.6
m a -TTo
Delaware
4.1
TTT"
1754.1
Maryland *
158.8
128.9
136.7
135.0
173.7
127-7
Virginia
426.0
422.8
414.5
437.4
421.0
419-9
West Virginia
198.1
121.5
132.0
205.9
199-0
132.8
North Carolina
60.0
68.4
149-7
146.3
151.9
68.4
South Carolina
100.3
98.8
32.9
99.7
33.3
32.9
Georgia
120.1
120.5
60.5
68.3
123.7
68.5
Florida
214.2
424.2
425.1
229.7
423.5
232.2
E. South Central
368.7
701.4
394.0
690.9
724.2
394.6
Kentucky
109.0
100.3
252.1
256.9
109.0
272.9
Tennessee
146.0
186.8
188.0
194.8
155-3
155.6
Alabama
92.1
I83.O
98.2
181.3
178.7
98.5
Mississippi
75.2
31.5
30.3
73.5
73.3
31.5
W. South Central
617.8
2,099.6
2,123.1
,238.5
548.5
614.9
68.1
Arkansas
180.9
174.5
175.0
76.9
79.2
Louisiana
84.1
181.3
176.6
91.7
177-7
91.3
Oklahoma
126.8
138.0
390.8
140.7
381.9
387.5
Texas
1,366.1
269.5
.,485.5
1,383.4
309.2
303.7
Mountain
8o2=0
366.5
794.4
392.2
791.3
394.9
111.8
Montana
103.3
204.4
202.3
212.3
112.5
Idaho
17.3
17.1
27.8
27.9
27-7
17.9
51.8
Wyoming
121.6
120.1
122.7
54.9
55-6
114.0
108.9
Colorado
114.2
278.4
280.5
285.0
43.2
New Mexico
50.4
124.1
121.3
119.8
50.8
4.1
Arizona
6.8
6.4
4-3
4.3
5-3
Utah
28.7
28.7
28.9
35-8
35.7
Nevada
2.4
2.4
2.2
3.9
3.9
210.6
Pad tic
220.2
248.3
259.1
219.8
273.4
-z&%47.4
Washington
51.1
477
>3.2
59.7
23.2
22.4
23.7
31.2
34.3
39-9
119.2
California
123.0
138.0
122.4
134.0
132.2
20.8
Alaska
28.9
35-8
37.6
33-8
30.3
Virgin Islands
6.4
8.7
11.9
11.7
JL2#
U.S.
Government
deposits
included,
prior
to
December
1, 1959