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TO
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS, FIRST HALF 0: NOVEMBER 1955

J.l
Class of bank
and
'
Federal Reserve District
All Member Banks
Central reserve city banks:
New York
Chicago
Reserve city banks
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

Gross demand deposits
Total

Interbank

Other

Net demand
deposits 2/

Time
deposits

December 5, 1955

Demand
Reserves with F. R. Banks
balances due
from domestic
Total Required Excess
banks
6,312
18,907
18,329
578

Borrowings
at Federal
Reserve
Banks
1.16%

114,942

12,917

102,024

99,366

40,555

23,137
6,025

4,036
1,194

19,102
4,831

20,363
5,36l

3,458
1,312

75
106

4,292
1,138

4,245
1,138

46
1

354
94

45,080
2,220
1,099
2,944
5,483
2,728
2,875
5,511
2,557
1,209
3,309
3,553
11,593

6,336
322
36
458
540
450
597
553
697
316
811
842
716

38,745
1,898
1,064
2,486
4,943
2,277
2,279
4,958
1,860
893
2,498
2,711.
10,878

38,649
1,986
964
2,509
4,812
2,336
2,399
4,745
2,154
991
2,719
2,898
10,138

16,344
236
491
351
1,962
587
523
2,564
421
203
469
738
7,801

1,913
27
30
113
168
111
175
255
113
42
252
334
294

7,820
370
198
469
969
448
466
994
409
190
519
567
2,220

7,774
369
198
469
964
450
458
982
409
188
513
558
2,215

46
1

586
21
21
55
71
23'
60
54
34
4l
42
33
130

-1
5
-2/
8
12
1
2
7
9
5

19,441
Country banks
4,217
485
40,699
5,657
5,171
131
1,352
34,993
39,347
1,204
Boston
209
447
123
419
3,431
3,308
27
2,993
23
661
6,040
New York
4,153
63
5,443
385
923
6,173
133
23
420
Philadelphia
386
2)403
11
1,953
249
2,741
34
23
2,719
444
2,107
26
2,822
Cleveland
298
3,180
493
49
3,205
7
1,214
2,308
382
44Richmond
2,631
334
338
143
2,774
5 /
1
,
0
6
1
440
416
20
Atlanta
3,021
452
36
3,602
272
3,331
3,606
Chicago
638
874
102
5,131
78
13
5,827
796
5,929
260
264
St. Louis
62
2,080
285
2,142
1,837
25
3
799
6
940
21
203
Minneapolis
233
1,803
1,552
78
1,725
255
629
361
Kansas City
318
12
43
122
2,385
2,832
397
2,709
6
403
Dallas
50
453
529
583
3,560
3,137
237
3,797
1,246
218
San Francisco
298
l,96l
15
313
3
2,238
2,271
33
NOTE: Demand deposits adjusted (demand deposits other than interbank and United States Government, less cash items reported as in process of
collection) of all member banks estimated at $8$ i,250 million.
For numbered footnotes see next page.

Digitized
. for FRASER


J.la

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS -- Continued
(Averages of daily figures.

Federal
Reserve
District

In millions of dollars)

Demand deposits except interbank
1st half
2nd half
1st half
Nov. 19551 Oct. 19551 Nov. 1954

Time deposits
1st half
2nd half
1st half
Nov. 19551 Oct. 19551 Nov. 1954

Country banks in places with population of 15,000 and over 1/
Total

1

25,676

25,607

24,944

12.096

12,093

11,747

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

1
!
i
!
!

2,908
4,535
1,537
1,940
1,649
2,507
3,766
1,040
858

2,941
4,486
1,537
1,93b
1,631
2,494
3,778
1,012
851
1,112
2,024
1,805

2,830
4,494
1,449
1,819
1,603
2,351
3,630
999
832
1,102
2,001
1,835

970
2,755
891
1,164
630
731
2,432
440
407
305
387
984

972
2,755
890
1,164
631
733
2,426
439
406
304
386
987

960
2,680
857
1,115
621
689
2,310
432
399
282
365
1,039

i

1,987
1,820

Country banks in places with population of less than 15,000
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

|

13,671
401
1,505
1,182
1,240
982
824
2,04l
1,040
868
1,598
1,573
418

13,570
403
1,492
1,201
1,241
964
812
2,040
1,049
857
1,583
1,517
4ll

13,487
376
1,430
1,172
1,180
936
764
2,019
1,045
853
1,628
1,564
522

7,345

7,340

7,172

234
1,398
1,062
943
584
330
1,173
360
533
323
142
261

234
1,397
1,074
941
582
328
1,171
360
532
322
139
260

227
1,327
1,055
920
555
298
1,157
345
517
306
124
339

l/ Includes any banks in outlying sections of reserve cities which have been given
permission to carry the same reserves as country banks.

Footnotes for preceding page (J.l):
l/ 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.




J.lb
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER B A M S — Continued
(Averages of daily figures; in thousands of dollars. Comparability of figures
is affected somewhat by changes in Federal Reserve membership, absorptions,
etc.
Time deposits
Demand deposits except interbank
1st half
2nd half
1st half
1st half
1st half
2nd half
Nov. 1955 Oct. 1955 Nov. 1954 Nov. 1955 Oct. 1955 Nov.. 1954
Country banks in places with a population of less than 15,000
Total, incl„Alaska 13,670,766 13,570,265 13,487,353 7.344.742 7.339,573 7,172,142
Total, all States 13,668,049 13,567,560 13,485,294 7.342.310 7,337,151 7,169,978
247.737
248,123
240,305
New England
424,906
427,219
399,276
62,659
65,440
65,704
Maine *
57,602
68,197
67,146
27,926
28,806
28,694
New Hampshire
61,974
65,980
65,156
64,558
67,089
67,082
Vermont
60,808
61,850
59,767
46,568
47,216
46,729
Massachusetts
162,834
156,097
164,617
1,654
1,758
802
1,769
Rhode Island
785
778
36,630
37,814
Connecticut *
66,401
63,034
37,759
67,573
2,620,291
2,705,037
2,695,300
Middle Atlantic
2,851,348
2,935,104 2,942,564
887,719
954,661
956,301
New York *
994,152
1,041,370 1 , 0 3 9 , 1 1 6
610,220
607,9^6
609,858
New Jersey
701,978
720,541
735,220
Pennsylvania *
1,158,514 1 , 1 8 2 , 9 0 7 1,155,218 1,129,141 1,140,156 1,124,596
1,971,785
E. North Central
3,060,"
JtlL 3,070,331 2,968,645 2,014,505 2,010,511
604,C26
626,312
Ohio
627,505
750,871
807,857
806,339
225,954
237,202
Indiana
481,430
238,091
495,188
493,368
502,305
515,139
514,866
Illinois
1,145,764 1,145,111 1,126,542
384,497
379,574
Michigan *
360,474
381,340
361,550
357,743
255,003
252,284
Wisconsin
2
6
0
,
6
2
5
249,328
252,703
257,263
673,624
693,569
W. North Central
694.739
2.065.195 2,056,893 2,082,049
256,264
262,540
263,083
Minnesota
302,252
312,037
317,572
120,120
121,445
121,373
Iowa
346,219
344,900
354,905
96,364
101,961
102,559
Missouri
354,722
354,120
355,772
36,514
36,710
North Dakota
36,743
94,469
95,009
94,093
39,969
41,997
41,967
131,844
South Dakota
128,725
131,299
52,376
51,894
51,863
Nebraska
341,964
355,238
341,391
72,027
77,022
488,079
77,151
Kansas
479,932
479,595
708,329
756,152
753,256
1,409,064 1,386,773 1,327,611
South Atlantic
12,781
13,063
13,103
18,304
18,713
Delaware
18,399
125,538
135,013
135,749
167,358
Maryland
177,419
177,880
281,730
296,131
297,157
382,410
360,369
Virginia
374,442
88,741
188,020
90,293
90,599
188,244
192,714
West Virginia
49,666
50,792
142,484
50,934
144,168
149,588
North Carolina
20,018
20,022
20,144
South Carolina
98,387
95,588
97,380
32,717
33,980
33,718
114,881
107,310
113,241
Georgia *
114,486
114,224
97,138
248,178
274,952
Florida
273,019
211,lol
224,481
225,215
619,018
629,064
630,290
E. South Central
6l,opo
64,211
243,361
246,704
Kentucky
64,359
238,098
88,136
166,961
164,104
94,977
Tennessee
95,336
163,515
52,400
49,653
158,646
168,899
Alabama
52,583
174,210
12,232
12,893
50,050
Mississippi
50,583
12,937
53,241
230,4=0
254,779
258,701
W. South Central
,993,426 2,045,650
2,063,550
34,3:2
151,366
39,970
Arkansas
148,515
39,557
155,255
41,174
37,632
41,567
117,467
124,652
Louisiana
128,817
59,365
64,300
63,969
345,242
Oklahoma
336,513
346,434
1
0
9
,
6
6
6
99,071
Texas
113,277
1,433,044 1,383,746 1,431,575
243,551
255,313
761,066
256,294
792,803
Mountain
776.254
59,421
213,478
55,13:
Montana
59,621
210,714
205,987
17,342
18,198
43,602
18,265
Idaho
43,146
43,553
27,890
29,444
112,458
29,626
Wyoming
105,085
108,859
77,810
250,266
75,53:
Colorado
78,139
247,823
249,202
18,5#
23,368
95,600
.New Mexico
23,549
92,541
96,511
2,08o
1,820
1,820
Arizona *
7,012
6,390
6,623
39,024
41,791
Utah
51,650
41,771
53,944
54,521
8,02"
3,46l
Nevada *
6,150
18,737
3,503
6,271
270,46c
192,082
Pacific
398,894
193,667
298,998
3QM3?
45,488
45,59:
45,245
Washington *
85,230
80,109
79,910
20,724
36,703
20,331
Oregon *
51,702
51,969
73,539
188,1^4
126,506
127,455
California *
240,125
167,386
172,357
2,164
2,432
2,422
Alaska
2,717
2,705
2,059i