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J.i

DEPOSITS. Ill

BOARD ur GOV3ZORS cr ?::: %a)3RX RE JIVE ,f.TTE] i
AID DCRROIEI'G:- OF IIBi-Inr AllCS, SBC CI ID :L'.LF OF JTUARY. 1949
(Averages of daily figure:; 1/. In millions of dollars)

February 21, 1949

Demand
Met
Gross demand deposits
Class of bank
balances due'Reserves with F.Tt. Banks
Time
demand
and
Interfrom domestic Total Required
Other
deposits
deposits
F. R. district
bank
banks
•2/28,872
11,264
79.027
726
19,858 19,132
All member banks
79,647
5,246
90.291
Central reserve city banks:
12
19,910
17,486
1,642
21,541
5,312 5,300
Hew York
4,054
44
121
1,282 1,292
4,677
1,036
1,014
4,095
Chicago
- 9
5,132
1,682
168
29,408
28,504
11,423
7,494
7,32>
33,748
5,244
Reserve city l.>anks
Boston
1,658
1,763
188
271
7
31
1,929
402
409
New York
26
289
562
520
30
139
136
3
592
Philadelphia
66
2,188
238
1,853
446
1,948
451
335
4
Cleveland
21
3,630
910
468
3,635
4,102
1,489
932
154
Richmond
1,766
12
1,825
2,090
98
325
424
445
433
Atlanta
1,608
128
417
22
2,076
1,754
408
438
468
Chicago
268
907
4,005
1,989
25
932
3,569
3,443
439
3t. Louis
1,869
687
2,170
1,483
436
5
93
441
333
iiinneapolis
201
1
202
738
1,003
852
184
265
53
Kansas City
18
562
2,063
778
255
2,841
2,351
357
544
Dallas
266
500
28
527
2,138
390
1,957
2,592
634
San Francisco
2,016 1,994
22
8,159
7,614
5,135
7,3U
545
244
29,870
25,652
929
5,769 5,214
28,941
Country banks
14,793
3,399
555
Boston
68
2,260
2,051
1,080
180
2,348
32
441
409
New York
916
4,076
4,167
73
843
91
3,700
3,345
278
P-iilcdelphia
1,897
1,696
198
42
431
15
2,142
2,157
473
Cleveland
60
2,067
1,711
272
22
520
2,374
2,396
459
Richmond
117
1,813
#6
259
356
2,039
2,156
41
397
Atlanta
1S7
2,275
379
2,465
2,049
688
344
423
43
Cliicago
829
83
67
4,005
746
3,938
3,467
2,547
463
St. Louis
282
1,681
310
1,471
618
237
29
1,734
53
Minneapolis
61
260
290
1,402
1,273
755
165
29
1,464
Kansas City
67
2,242
2,309
377
1,955
#1
3#
40
336
Dallas
2,280 I
216
480
2,303
2,673
381
130
438
57
San Francisco
1,867
32
1,835
1,630 '
948 '
1#
25
357
332
MOTE: Demand deposits adjusted (demand deposits other than interbank nd United States Government, les cash item: reported is in
— £*
T />» a ^ ^
~ X*
fi
4or
"1
-r»4 "1 T -1 yi
of
collection)
of all member banks'riestimated
at 72,100
million dollars.
For nunbered footnotes see next page.




Borrowings
at Federal
Reserve
Banks
178
99
10
39
1
1
1
7
2
1
4
6
3
7
4
2
29
3
13
5
1
1

I
1
I
—
'
1
process

DEPOSITS, RES^RVIjS, AND BORROWINGS OF MEMBER B A M S - (Cont'd)

(Averages of daily figures. In millions of dollars)

Federal
Reserve
District

Demand deposits except interbank

Time deposits

2nd half . 1st half 2nd half
Jan. 1949
Jan. 1949 Jan. 19U8

2nd half 1st half 2nd half
Jan. 194S Jan. 1949 Jan. 1948

Country banks in places with population of 15,000 and over 1/
Total
Boston
New York
Philadelphia 2/
Cleveland
"~
Richmond
Atlanta
Chicago 2/
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco 2/

16,667
1,914
3,01ii
1,229
1,329
1,147
1,585
2,243
662
608
571
1,067
1,298

Total

12,271

12,422

12,383

6,045

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis 2/
Minneapolis
Kansas City
Dallas
San Francisco

3k6
1,062
912
1,046
892
693
1,695
1,019
795
1,672
1,606
536

350
1,064
923
1,054
906
691
1,713
1,030
812
1,700
1,630
549

3hl
1,028
902
1,054
898
691
1,759
1,040
802
1,666
1,616
586

231
1,151
891
815
1475
216
960
281
U55
207
67
295

16,319
1,926
3,019
1,264
1,333
l,lii7
1,398
2,271
672
620
576
1,067
1,326

15,999
1,904
2,957
1,099
1,318
1,105
1,585
2,003
652
590
557
1,024
1,201

8,718
850
2,195
805
8#
401
U72
1,587
336
300
104
150
653

8,749
849
2,195
806
893
400
473
1,586
337
300
104
150
655

3,512
872
2,196
• 7U3
911
396
489
i,4io
336
299
105
lb3
611

Country banks in places with population of less than 15,000
6,042
231
1,152
889
815
474
213
961
280
456
207
66
296

6,078
233
1,160
895
824
U73
216
962
286
451
204
64
#6

j

1/ Includes any banks in outlying sections of reservp cities which have been given]
permission to carry the same reserves as country baiks,
2/ Data for these districts are not entirely comparable vdth year ago figures due
to a change in the reserve classification of cities or individual baiks.
J
Footnotes for preceding page (J.l):
1/ 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 reouireraents, i.e., gross demand deposits
minus cash items reported as in process of collection and demand balances due
from domestic banks.
3/ Includes some interbank and U.S. Government time deposits; the amounts on call
report dates are shown in the Member Bank Call Report.




f
I
M
&

J.lb

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BAIIKS - (Cont'd)
(Averages of daily figures; in thousands of dollars. Comparability of
figures is affected somewhat by changes in Federal Reserve membership,
absorptions, etc., particularly in States designated by an asterisk.)

Time deposits
Demand deposits except interbank
1st half
2nd half
2nd half
2nd half 1st half 2nd half
Jan. 19k9 Jan. 19U9 Jan. 1948 Jan. 19k9 Jan. 19k 9 Jan. 19U8
Country banks in places with population of Ifess than 15,000
Total, all States 12,27k, 223 12,122,093 12,332,861 |6,Okk,95l 6,Okl,552 6,078,k20
New England
2k2,k36
2k2,198 2kk, 081
361.921
368,81a
358,603
Maine
67,091
66,357
5 6,665
66,kl7
59,253
55,037
New Hampshire
71,0kk
28,761
27,588
72,39k
72,191
27,57k
Vermont
12,992
55,676
56,7k0
55,617
kk,09k
kk,5n
Massachusetts
127,860
52,869
125,681
5k,701
127,165
52,750
Rhode Island
90k
1,532
88k
1,538
l,5kl
875
Connecticut*
65,k56
65,060
38,35k
60,299
35,#0
38,359
Middle Atlantic
2,23k,97k 2,2k8,83k 2, 202,026 2,282,339 2,280,589 2,309,092
New York
736,635
705,142
758,585 759,809 760,942
733,283
New Jersey
5l7,3lil
519,kl5 519,178 529,568
513,198
52k,097
Pennsylvania
980,998
983,686 1,00k,339 1,001,602 1,018,582
991,k5k
E. North Central 2.la 7, 709 2.kk8.361 2.477.800 -1.667,9k3 1.670.805 1.674.000
Ohio
591,962
600,030
509,759 511,167 506,604
587,779
Indiana
179,828 179,790 176,730
116,97L
k25,817
k30,321
Illinois-*
906,769
919,893
385,506 385,317 388,833
953,958
Michigan
307,269
360,750
305.598
361,k37 369,3k2
307,950
Wisconsin
.232,100
19k,735
197,023
233;09k 232,k91
197,792
W. North Central 2,027- 271 2,056.968 2.062,72k
538,950 536,95k
Minnesota
263,609
220,032 218,9kl
259,370
219,k07
255,759
Iowa
32k,235
92,965
3k9,717
322,796
92,910
95,k2k
Missouri
328,7k7
71,135
335,077
69,lk2
333,k60
71,998
North Dakota
100,372
99,381
29,666
98,781
30,67k
30,820
South Dakota
168,kl7
171,551
165,359
#,522
35,663
35,551
Nebraska
3kk,2k5
kk,00k
35k,951
3k0,279
k3,192
k3,103
Kansas
521,013
k99,007
45,k01
510,837
kk,llk
k5,391
South Atlantic
1,22k,821 1,238,923 1,232,639
585,007 583,867 586,3k3
Delaware
17,272
11,653
17,667
17,663
11,625
11,831
Maryland
150,419
152,125 • 153,657
120,368 120,k6l 125,207
- Virginia
328,109
212,391 211,28k
332,550
330,287
205,195
West Virginia
188,221
192,k98
193,k?8
82,617
83,023
82,127
North Carolina
lkk,k53
Ik9,l5l
k9,888
Ik5,k39
51,21*3
k9,969
South Carolina
90,681
92,861
19,029
93,726
19,039
I8,kk6
Georgia
96,208
100,237
99,60k
28,997
29,211
30,018
Florida
2^5,181
201,k87
59,661
59,658
203,k09
62,276
E» South Central
702,172
699,136'
161,k50 158,115 156,127
699,305
Kentucky
—
308,k31
k7,198
31k,236
k6,083
k6,775
Tennessee
133,123
184,130
65,0kl
183,332
62,8kl
62,8k?
Alabama
150,k22
lk9,083
lk8,581
37,315
36,56k
36,165
Mississippi*
57,013
57,k92
11,896
53,156
11,032
11,935
W. South Central 2,128.283 2,162,090 2,139,661
Ik5,k24 Ik5,l73 IkO,9k9
Arkansas
leuHW
169,600
17037
30,50k
30,575
29,kl6
Louisiana
87,425
88,313
27,k68
86,55k
27,k39
28,135
Oklahoma
klb,988
k20,755
#,268
k09,538
35,160
33,122
Texas
l,k6l,692 l,k8l,678 l,k73,969
52,18k
51,999
50,276
Mountain
776,107
791,780
768,k89
18k,460 18k,509 183,185
Montana
180,336
184,658
k2,190
175,953
42,132
kl,333
Idaho
77,60k
78.82k
83,428
17,075
17,019
17,25k
Wyoming*
103,112
106,756
22,358
91,753
22,313
21,112
Colorado
2k3,536
2kk,ll5
2k8,281
k9,k05
k9,k5l
k9,833
New Mexico
111,003
Ilk,678
107,960
12,319
12,328
12,k7k
Arizona
k, 103
k,279
1,18k
k ,3k9
1,181
1,181
Utah
48,429
50,211
k8,230
3k,393
3k,552
3k,k39
Nevada
7,984
8,259
8,535
5,536
5,533
5,559
Pacific
k07rl60
kkl.6lk
236.7k! 237.3k6 2k7,639
27,965
Washington*
- i :7,377
88,978
96,592
4l,k92
kl,636
k2,7k3
Oregon
83,18k
86,707
89,292
27,578
27,697
28,163
California
227,kOk
231,k?5
255,730
167,671 168,013 176,783