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Class of bank
and
Federal Reserve District
All member banks
Central reserve city banks;
New York
Chicago

' BOARD OF GOVERNORS OF THE FEDERAL RESERVE" SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, SECOND HALF OF DECEMBER
January 22, 1959
(Averages of daily figuresi/. In millions of dollars)
Demand
Gross demand deposits
Reserves with F.R.Banks Borrowings
Net demand
Time
balances due
at Federal
U. S.
deposits 2/ deposits from domestic
Reserve
Total
Interbank
Required Excess
Govt.
Banks
125,034
13,853
3,561
107.620
106.5*30
52.675
6,942
19.151 3/I8.531 619
673
24,450
6,417
49,865
2,455
1,210
3,156
6,024
3,029
3,534
5,623
2,686
1,286
3,603
3,984
13,275
44,302
3,641~
6,932
2,961
3,393
2,935
4,043 ,

4 %
1,237
6,968
346
4o
485
580
46i
787
589
780
332

766

19,498
21,136
85
5,173
4,120
4,063
169
57
4,956
1,454
5,583
1,092
1,078
15
56
Reserve city banks
41,762
41,543
2,#'
21,273
8,052
98
7,954
283
Boston
66
2,182
2,043
232
23
375
372
2
3
New York
4l
644
1,129
1,059
210
35
207
11
3
Philadelphia
2,648
2,594
549
77
117
465
464
1
19
Cleveland
196
5,248
5,230
2,354
992
981
11
60
Richmond
81
2,488
2,543
134
751
456
-1
457
16-Atlanta
861
2,676
70
2,795
255
510
6
504
25
Chicago
4,821
212
4,766
3.019
251
956
19
937
35
St. Louis
1,834
2,219
483
72
124
390
21
397
7
Minneapolis
1,003
269
49
905
181
45
2
6
179
Kansas City
868
2,860
2,646
606
89
307
519
502
48
17
Dallas
1,020
84
3,056
1,125
2,879
450
568
8
561
7
San Francisco
681
11,400
10,382
316
12,279
296
2,422
2,400
22
33
38,068
1,463
41,623
1,216
24,974
Country banks
4,539
5,886
166
5,436 450
Boston
2l8~
127
127
3,170
3T38F
1,343
441
416
25
13
New York
138
212
5,464
6,583
6,177
1,009
375
66
56
953
Philadelphia
24
2,828
110
2,586
2,354
402
275
432
30
12
Cleveland
32
2,432
109
2,965
3,252
448
325
494
11
47
Richmond
148
1,501
2,703
2,453
344
379
34
345
Atlanta
287
1,600
3,670
504
489
3,395
J"
453
35
Chicago
6,510
686
6,181
5,628
4,594
82
175
. 849
12
931
St. Louie
1.020
2,011
2,353
2,234
298
52
272
297
25
5
Minneapolis
1,946
80
1,264
1,813
1,690
196
268
249
4
19
Kansas City
3,134
136
2,642
2,920
78
432
909
374
38
336
19
Dallas
4,085
232
964
3,782
3,294
71
695
458
411
47
2
San Francisco
2,367
1,528
2,271
2,058
190
37
59
315
303
13
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 amounted to $96,077 million.
For numbered footnotes see next page.
v




%

1 Ml

I

J.la

DEPOSITS, RESERVES, AM? BORROWINGS OF MEMBER B A M S -- Continued
(Averages of daily figures.

Federal
Reserve
District

In millions of dollars)

Time deposits
Demand deposits except interbank
2nd half
1st half T 2 n d half
2nd half
1st half I 2nd half
Dec. 1958 Dec. 1958 IDec. 1957 Dec. 1958 Dec. 1958 IDec. 1957
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

28,191

27,760

27,284

15,592

15,554

3,105
5,192
1,775
2,055
1,738
2,697
4,154
1,117
914
1,246
2,191
2,007

3,o4i
5,104
1,734
2,029
1,729

3,023
4,967
1,695

1,057

l,06l

2,668
4,o6o

1,122
923

1,222

2,140
1,990

2,061
1,704
2,799
4,003
i

- g

1,164
2,l4l
1,809

3,666
1,128
1,328
764

1,062

I

3,130
426
670
1,270

13,830

3,649
1,125
X,

766
1,054
3,125
532
559
425
673

1,262

978
3,144

1,008
1,255
679
953
2,803
489
496
369
551
1,104

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

14.648

14,794

13.870

9.382

9,363

8,435

409
1,602
1,162
1,306
1,049
1,059
2,203
1,168
953
1,752
1,662
323

4l6
1,631
1,178
1,309
1,063
1,060
2,212
1,184
976
1,757
1,675
332

401
1,559
1,165
1,286
1,018
965
2,088
1,109
866
1,571
1,536
306

286
1,799
1,226
1,104
738
538
1,463
490
703
483
294
258

1,798
1,222
1,101
737
535
1,460
495
700
482
291
258

238
1,599
1,147
1,022
674
462
1,336
443
629
415
234
236

1/ 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.
3/ Revised weekly figures for required reserves as compared with those given in
18,374
published weekly statements: Dec. 17
18,548
24
18,511
31
18,586
14&
18,337
jo/ Preliminary




J.lb
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS — Continued.
(Averages of daily figures; in millions of dollars. Comparability of figures
is affected somewhat by changes in Federal Reserve membership, absorptions,
etc., particularly in States or territories designated by an asterisk.)
Time deposits
Demand deposits except interbank
2nd half
1st half
2nd half
2nd half
1st half
2nd half
Dec. 1958 Dec. 1958 Dec. 1957 Dec. 1958 Dec. 1958 Dec. 1957
Country banks in places with a population of less then 15,000
Total, incl.Alaskz
& Virgin Island; 14,647.8
9,381.5
9,363.4
8,435.5
13,869.9
14,793.9
Total, all States
14,637-7
8,425.2
14,784.2
13,861.0
9,352.2
9,370.3
Kev England
254.3
417.1
423.8
292.7
292.5
427.3
Maine
6b. 5
78.6
70.2
66.3
78.5
67.6
New Hampshire
71.2
31.8
28.5
31.8
69.O
74.1
Vermont*
64.0
100.6
100.4
68.9
64.4
63.2
Massachusetts
46.8
43.0 •
163.3
168.1
160.1
46.7
Rhode Island*
1.7
.7
Connecticut*
42.0
68.0
50.1
49.6
35-0
35.0
Middle Atlantic
2,966.8
3,032.3
3,292.6
3,078.3
2,978.3
3,297.3
New York
1,138.2
1,086.3
1,246.9
1,090.7
1,153.3
1,251.7
New Jersey
774.6
760.7
781.5
731.2
769.3
679.7
Pennsylvania
1,208.4
1,160.8
1,133.4
1,271.1
1,143.5
1,275.8
E. North Central
2,263.1
3,251.6
2,447.3
3,133.0
3,279.3
2,453.7
Ohio
678.4
W.6
825.0
722.3
817.5
724.2
Indiana
498.1
278.7
521.4
293.2
530.4
293.9
Illinois
606.I
1,253.6
1,185.4
669.2
1,270.3
672.2
Michigan*
463.8
429.6
367.6
362.2
464.1
364.7
Wisconsin
298.8
291.4
276.2
270.3
291.5
299.3
W. North Central
836.6
2,255.6
2,263.4
2,034.8
944.1
941.1
Minnesota
304.1
356.1
318.1
359.1
. 335.1
336.5
Iowa
380.4
382.0
346.4
148.7
134.3
149.3
Missouri
126.6
404.5
405.6
148.7
142.6
375.8
North Dakota
46.1
103.5
107.8
94.2
52.7
53.1
South Dakota
143.2
148.0
6l.4
121.7
52.1
61.9
Nebraska
60.8
320.1
60.6
358.5
359.8
53.3
Kansas
120.1
509.4
501.1
458.5
136.7
137.1
South Atlantic
1,622.8
1,636.2
1.012.1
912.4
1,546.7
1,009.5
Delaware
lb.2
14.0
17.5
14.1
12.5
15.9
Maryland*
188.1
148.0
190.1
181.5 ,
153.2
152.7
Virginia
439.1
413.0
392.8
445.7
352.9
395.7
West Virginia
204.3
206.6
212.8
108.4
103.0
107.8
North Carolina
60.6
138.9
l4i.i
60.5
140.9
53.9
South Carolina*
100.4
100.9
31.2
93.1
27.9
31.9
Georgia
120.8
121.8
46.1
114.9
55.1
54.9
Florida
413.7
168.1
412.0
374.4
194.9
193.8
E. South Central
765.5
348.0
346.4
697.8
297.6
762.7
Kentucky
315.4
300.0
' 84.3
100.3
307.3
99.5
Tennessee
180.8
195.0
122.6
194.8
136.6
135.7
Alabama
184.1
84.8
187.4
165.8
74.2
85.1
Mississippi*
71.0
26.4
51.2
26.0
16.5
73.2
W. South Central
2,229.2
2,249.2
486.7
2,053.9
490.5
399.5
Arkansas
167.9
172.6
158.4
60.3
52.5
60.5
Louisiana
'65.T
168.9
166.2
166.1
76.4
77.0
Oklahoma
396.4
111.3
391.7
89."
343.9
111.7
Texas
1,500.7
1,514.0
191.6
238.7
1,385.5
241.3
Mountain
811.6
831.5
751.1
292.3
335.1
336.1
Montana
221.6
231.9
200.7
83.2
95.1
95.9
Idaho
28.1
16.6
15.0
27.3
27.2
16.3
Wyoming
124.0
46.0
127.I
114.7
46.1
39.3
Colorado
100.7
272.9
251.1
87.9
277.7
100.9
New Mexico
126.0
126.0
112.0
31.2
37.8
38.0
Arizona
4.4
5.4
5.8
3.9
3.9
3.9
Utah
31.8
31.4
29.5
32.3
29.3
32.3
Nevada
3.0
3.1
2.7
2.5
3.5
2.7
Pacific
182.6
252.0
238.1
198.0
259.8
198.8
Washington
64.7
67.3
59-0
47.9
43.5
47-9
Oregon*
20.4
43.6
21.6
44.7
21.6
45.5
California
142.6
147.0
118.7
128.5
135.5
129.3
Alaska &Virgin Is. J
8.6
10.0
10.6
11.3
9.5
11.3