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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS, FOR THE BIWEEKLY PERIOD ENDED JANUARY 25, 1961 • (Averages of d a i l y f i g u r e s ^ / . In m i l l i o n s of d o l l a r s ) February 13, 1961 lemand Class of bank Gross demand d e p o s i t s BorrowNet demand Time balances With and Currency inj?s a t InterU. S. <2&£Ositu 2 / d e p o s i t s due from F- E. D i s t r i c t F. R. and coin Required Excess Other F . R. bank Govt, dom.bks. Banks total Banks A l l member "banks 125,108 14,$84 2,978 107, 5^6 104,623 59,067 16,769 2,611 3 / 18,481 3 / 4l Cent, r e s . c i t y b k s . : New York 24,515 20,292 5,429 103 3,490 203 3,620 73 Chicago 5,263 l , 590 107 925 948 10 33 Reserve c i t y banks 49,023 40,677 4o,516 22,913 7 , 2 01 _&165_ 7,831 13 159 Boston 1,993 2,115 235 23 21 3 W 361" ~5~ New York 1,000 648 945 161 36 188 29 2 Philadelphia 2,554 107 675 4io 49 4 455 Cleveland 5,722 4,974 2,907 ISO 118 859 966 11 Richmond 2,731 2,758 894 167 4 3 ! 500 75 7 Atlanta 2,723 2,792 940 268 470 508 16 53 Chicago 4,816 4,020 2,583 190 704 11 99 792 S t . Louis 1,824 2,182 542 132 369 31 387 Minneapolis 1,307 1,025 4l 275 10 177 183 Kansas C i t y 2,591 2,843 709 294 485 16 35 Dallas % 2,830 3,030 1,316 434 544 4l 566 18 San F r a n c i s c o 13,480 12, 476 11,279 284 11,190 2,244 228 2, 420 52 Country banks 45,451 42,702 38,552 5, Ql4 29,135 1,586 5,153 6,083 656 27 Boston 3 , 1 5 5 " " 1,475 210 136 355 "55T 37 New York 7.182 6,343 6,063 433 900 261 l , o 6 4 97 Philadelphia 2,951 2,564 2,723 279 341 444 135 32 Cleveland 3,23C 3,105 2,801 2,736 327 377 153 473 58 Richmond 2,243 1, 564 323 276 113 4l 347 Atlanta 4.266 861 1,866 3,513 586 4 i 8 153 515 56 Chicago 6,109 792 5,877 879 1,027 253 105 S t . Louib 2,335 2,211 1,972 i,l4o 319 263 72 4l 294 Minneapolis 1,620 1,387 240 215 264 51 27 Kansas C i t y 3,021 2,692 1,126 500 364 71 56 379 Dallas 3,733 3,178 802 1,258 lo4 427 444 88 San F r a n c i s c o 2,752 2,353 1,922 229 312 85 378 19 NCTE ' Demand d e p o s i t s a d j u s t e d (demand d e p o s i t s o t h e r t h a n i.nterbank n t e r b a n k and and United Unit S t a t e s Government^ l e s s cash items r e p o r t e d a s i n p r o c e s s of c o l l e c t i o n ) of a l l member banks amounted t o $94,450 m i l l i o n . For numbered f o o t n o t e s see n e x t p a g e . J.l T // J.la DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS - - Continued (Averages of d a i l y f i g u r e s . Federal Reserve District In m i l l i o n s 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 Time d e p o s i t s and U. S. Government J a n . 1 2 - 2 5 , Dec.29,1960 J a n . 1 4 - 2 7 , J a n . 12-25, Dec.29,I960 J a n . 1 4 - 2 7 , I960 Jan.11,1961 1961 Jan .11,1951 • i960 1961 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 15,000 and over 1 / 2 / Total 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 Total 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 . 30,274 30,552 29,489 19,854 19,761 17,495 3,037 5,678 1,757 1,992 1,597 3,069 5,015 1,166 923 1,341 2,293 2,405 3,114 5,725 1,799 2,027 1,606 3,080 5,053 1,178 930 1,331 2, 303 2,405 2,989 5,554 1,707 2,027 1,697 3,138 4,320 1,157 901 1,308 2,344 2,3%9 1,194 4,610 1,350 1, 554 815 1,399 4,462 617 655 552 934 1,713 1,192 4,6o4 1,341 1, 551 805 1,390 4,444 613 650 542 919 l,7H 1,110 4,273 1,189 1, 450 800 1, 268 3,420 573 615 484 755 1,557 12,428 12,576 12,508 9,281 9,243 8,753 356 1,165 1,078 1,112 886 792 1,802 1,045 839 1,680 1,44l 233 359 1,156 1,106 1,137 905 800 1,821 1,066 844 1,689 1,454 240 359 1,183 1,123 1,134 920 779 1, 800 1,082 846 1,594 1,456 232 280 1,453 1,373 1,182 750 467 1,415 523 732 574 " 324 208 278 1,448 1,365 1,176 745 464 1,411 519 730 574 320 212 274 1,397 1,308 1,106 746 424 1,324 489 709 506 275 194 1 / I n c l u d e s any banks i n o u t l y i n g s e c t i o n s of r e s e r v e c i t i e s which have been given p e r m i s s i o n t o c a r r y t h e same r e s e r v e s a s country banks; a l s o i n c l u d e s member Taanks i n Hawaii. 2^ C l a s s i f i c a t i o n by p o p u l a t i o n i s based on t h e i960 census; comparative f i g u r e s f o r i960, p r e v i o u s l y r e p o r t e d on t h e b a s i s of t h e 1950 census, have been r e v i s e d . Footnotes f o r p r e c e d i n g page ( J . l ) : l/ Averages of d a i l y c l o s i n g f i g u r e s f o r r e s e r v e s and borrowings and of d a i l y opening f i g u r e s f o r o t h e r columns, inasmuch a s 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 . , g r o s s demand d e p o s i t s minus cash items r e p o r t e d as i n p r o c e s s of c o l l e c t i o n and demand b a l a n c e s due from domestic b a n k s . 3/ Revised weekly f i g u r e s compared w i t h t h o s e given i n p u b l i s h e d weekly s t a t e m e n t s : Required reserves J a n . 18 J a n . 25 Feb. I P / Feb. 8P/ p/ Preliminary. 18,501 18,463 18,417 18,360 Excess reserves 790 1,003 545 628 Free reserves 755 956 479 449 J.lb DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS - - Continued (Averages of d a i l y f i g u r e s ; i n m i l l i o n s 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 semewhat by changes i n F e d e r a l Reserve membership, a b s o 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 or o t h e r a r e a s d e s i g n a t e d by an a s t e r i s k . ) Demand d e p o s i t s except i n t e r b a n k Country banks in Time d e p o s i t s p l a c e s with a pop and U. S. Government u l a t i c n of l e s s J a n . 12-25, IDec.29,196oTjan jTT-27, Jan?12-25, Dec^Sp3601 Jan .14-27, 1961 [JsnJl,1961I I960 than 15,000 2 / 1961 [Jan.31,19611 I960 32B1.1 9,243.3 57752.8 Total 12, '127.5 12,576.2 12,507 ,2gpT 274.2 278.2 230.4 New England 358.9 359.3 355.9 71.4 75-7 71.4 Maine * 60.3 54.2 52.7 33-8 37.1 New Hampshire 58.1 56.9 37.3 59.9 97-2 93.9 Vermont 54.6 50.5 98.7 55.3 47.7 49.7 Massachusetts 151.8 50.1 154.4 158.2 Rhode I s l a n d 22.8 2 3.1 Connecticut * 22.9 36.1 35.4 35.7 3,017.4 3,142.3 Middle A t l a n t i c 2,505.2 2, 578.8 3,155.7 2, 532.9 885-5 913.3 787.2 New York 748.2 913.5 765-3 764.5 817.2 822.9 689.O 702.1 Haw J e r s e y 716.9 1,411.8 1,367.4 1,102.6 1,067.8 1,419-3 Pennsylvania 1,037.8 2,304.1 2,444.8 2,453.6 2,746.3 E. North C e n t r a l 2,723.8 2,763.7 704.2 746.0 749.I 687.5 Ohio 683.5 697-3 304.1 325.4 488.4 471.1 327.2 Indiana 475.9 561.5 607.8 609.9 Illinois 1,001.3 996.0 992.0 448.2 475-8 342.1 477.4 Michigan 338.0 33^.1 286.1 289.8 244.8 290.0 242.6 Wisconsin 239.2 938.0 982.1 2,001.1 986.1 W. North C e n t r a l 2,027.0 2,030.3 330.8 302.0 Minnesota 308.0 337.3 299.1 337.7 143.1 144.8 144.6 Iowa 317.8 321.3 322.9 147-9 157.7 Missouri * 158.9 368.3 372.6 389.7 50.2 51.5 81.2 85.2 51.4 North Dakota 82.7 64.5 67.8 68.2 South Dakota 129.7 129.2 129.3 65.7 7 1 . 7 72.5 Nebraska 315.2 323.8 325.7 135.8 464.8 151.3 152.8 492.6 Kansas . 497.3 935.9 957.0 1,287.8 963-5 South A t l a n t i c 1,305.6 1,312.5 4 . 3 4.3 Delaware 3-8 3.9 3.9 148.6 117.2 117.7 Maryland * 98.1 136.3 93-9 412.0 397.8 4o4.i 4l4.5 412.0 Virginia 394.5 121.1 132.3 187.I West V i r g i n i a 190.2 187.3 133.5 47.9 52.8 107.2 107.3 North C a r o l i n a 109.3 37-7 38.5 106.5 38.7 South C a r o l i n a 108.5 107.5 61.8 53-1 62.6 Georgia 92.8 94.6 91.9 125-8 138.4 139.4 292.4 283.8 Florida 289.0 324.2 347.4 645.1 650.2 E. South C e n t r a l 349.9 659.3 68.1 94.7 269.1 Kentucky 264.5 95-7 259.7 131.0 140.3 166.9 166.1 139.7 Tennessee 171.7 84.3 91.4 90.7 162.9 Alabama 167.4 159-0 20.8 22.3 22.5 56.0 Mississippi 55.6 55.7 472.0 546.0 543.3 2,010.1 W. South C e n t r a l 1,983.7 1,985.3 67.4 164.2 78.3 161.3 77-5 Arkansas 167.1 47.0 51.0 111.1 50.9 109.5 110.6 Louisiana 4o8.8 148.9 150.4 132.3 Oklahoma 420.7 393.7 267.8 264.5 225.3 1 , 3 0 1 . 2 Texas 1,319.2 1,311.7 344.1 385.9 726.2 385.9 699.4 Mountain 736.8 106.1 115.8 115.0 205.0 199.0 201.6 Montana 17.4 29.4 17.7 17.9 Idaho 29.2 29-3 52.6 117.6 57.0 56.7 Wyoming 122.3 115.3 92.1 111.8 112.9 248.2 222.9 Colorado 250.8 33.8 - 39.1 New Mexico 93.8 91.3 39-3 93-8 6.0 4.3 4.3 6.1 5.0 Arizona 3.? 34.4 36.2 28.4 36.2 28.9 Utah 30.6 3.8 3.8 3.8 2.2 2.5 2.4 Nevada 134.0 146.3 165.8 149.9 171,6 167.3 Pacific 43.6 45.4 51.6 Washington 45.3 51.7 53.4 19.1 21.5 25.9 19.9 Oregon * 31.9 30.5 50.1 54.9 53-6 53-0 California ' 55.1 55.6 20.4 28.3 30.0 28.7 Alaska 33-3 32.1 12.4 6.9 12.5 9.1 6.9 Virgin Islands 7.7
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