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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