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FEDERAL

RESERVE

'TFGGP
—
J.L
**•*.?••* ( DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FOR THE BIWEEKLY PERIOD ENDED JANUARY 10, 1962
|
(Averages of daily figures!/. I11 millions of dollars)
January 29, 1962
Reserves
Demand
BorrowGross demand deposits
Class of bank \
Net demand
Time
balances
Currency
With
ings at
and
Interu. s.
deposits 2/ 1deposits 1due from
F. R. and coin Required Excess F. R.
Total
Other
», F. R. District
bank
Govt.
dom .bks. Banks
total
Banks
All member banlcs
136,273 16,119
115, 382
111,184
4,771
8,316
3/668
67,564
17, 580 3/2,967 3/19,879
203
Cent. res.city bks.:
26,948
1,106
New York
21,
249
142
4, 593
21,556
7,132
31
3,687
257
3,913
89
Chicago
6,667
1,409
306
2,024
1,012
4,952
5,518
123
38
17
977
3
Reserve city banks
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
Country hanks
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

53, 548
2,572
1,176
3,350
6,166
3,617
3,816
4,859
2,951
1,454
3,910
4,464
15,214
49,110
4,048
7,806
3,186
3,438
2,920
4, 576
7,799
2,491
2, 000
3,445
4,484
2,918

8,225
399
53
592
656
505
955
699
963
394
1, 024
1,276
710

1,852
82
47
118
264
153
121
239
89
49
106
101
483

43,470
2,091
1,076
2,639
5,246
2,958
2,741
3,921
1,898
1, Oil
2,779
3,087
14,022

43,125
2,203
1, 001
2,681
5,250
2,988
2,869
3,921
' 2,353
1,107
3,020
3,269
12,464

1,892
167
168
34
37
157
391
182
88
94
166
355
53

1,506
157
278
113
130
95
115
243
58
58
102
73
84

45,712
3,724
7,360
3,039
3,272
2,668
4,069
7,374
2,345
1,848
3,176
4,056
2,781

4o,984
3,441
6,809
2,725
2,908
2, 405
3,647
6,594
2,062
1,692
2,808
3,453
2,440

For numbered footnotes see next page.




26,506
338
766
787
3,329
1,130
1,088
2,592
675
337
903
1,457
13,105

2,356
19
42
120
211
143
322
182
154
52
311
485
315

7,583
358
173
4l4
905
463
476
674
391
190
513
577
2,450

920
24
32
62
135
90
60
105
36
11
41
44
281

8,441
380
203
482
1,033
550
528
777
422
199
543
612
2,712

63
1
1
-6
7
4
8
3
6
2
10
8
19

31,902
1,564
6,6o4
2,932
2,871
1,694
2,071
6,618
1, 242
1,468
1,297
1,444
2,098

5,694
253
469
330
407
353
100
879
367
231
547
893
264

5,333
363
913
350
392
291
437
927
270
248
371
448
322

1,751
154
294
151
164
127
170
278
76
54
78
112
94

6,513
491
1,147
474
493
373
541
1,122
310
276
402
487
398

1
571 !
26
60
28
64
45
65
83
37
25
47
73
18

70

i

5
8
4
5
3
10

1

3
27

|
!

5

26
1
5
2
1
2
2
5
1
6
--

J.la

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BAMS -- Continued
(Averages of daily figures. In millions of dollars)

Federal
Reserve
District

Demand deposits except interbank
Time deposits
and U. S. Government
Dec 28,1961-Dec. 14-27, Dec.29,1960- Dec.23,1961-1 Dec .14-27,Dec. 29,I960
Jan.11,1961
Jan.ll,196l Jan .10,1962! 1961
Jan .]D,1962
1961
Country "banks in places i/ith population of 1$, 000 and over l/ 2/

Total
Boston
Hew York
Philadelphia
Cleveland
Richmond

Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

32,623

31,912

l/30,561

22,002

21,765

3,333
6,175
1,925
2,094
1,713
3,209
5,W

3,225
5,887
1,906

3,114
5,725
1,799
2,027

1,275
5,091
1, 482

1,266
5,021
1,463
1,617

1, 217
960

1,464
2,525
2, 532

2,091

1,730
3,116
5,396
1,194
966

1,449
2,475
2,478

1,606

r/3,090
5,053
1,178
930
1, 331
2,303
2,405

1,636
889

l, 192
4,6o4
1,3^1
1,551
805

887

1,556
5,102
668
698

1,533
5,058

1,071
1,873

1,056
1,856

662

l/l9,9

Tj

i$

613
650
542
919
1,711

661
691

655

Country "banks in places with population of less than 15, 000 2/
Total

12,862

-Hl

1/12,567

9.900

9,810

1/9,236

278
286
Boston
384
289
359.
391
1,448
1,501
New York
1,156
1,151
1,185
1,513
1,440
1,365
1,106
1,106
Philadelphia
1,450
1,114
1,176
1,229
Cleveland
1,164
1,137
1,235
1,177
745
Richmond
795
905
958
805
955
r/ 456
Atlanta
507
860
831
515
1,411
1,506
Chicago
1,885
1,516
1,900
519
1,066
567
St. Louis
1,115
1,128
574
764
730
844
Minneapolis
877
887
770
628
574
1,660
Kansas City
1,689
636
1,712
320
364
1,488
Dallas
1,454
374
1,531
212
240
223
Saa Francisco
243
225
249
rj Revised
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.
2/ Classification by population is based on the I960 census; comparative figures for
I960, previously reported on the basis of the 1950 census, have been revised.
Footnotes for preceding page (J.l):
"
l/ 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:

Jan.
Jan.
Jan.
Jan.

3
10
17P/
24P/

Cash
allowable as
reserves

Required
reserves

Excess
reserves

Free
reserves

3,062
2,871
2,925
2,863

20,076
19,682
19,449
19,286

726
610

385
546
537
627


p/ Preliminary.


606

671

J.lb
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BAMS — 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 other areas designated by an asterisk.)
Country banks in Demand deposits except interbank
Time deposits
places with a popand U. S. Government
Dec.aa, 1961-1 Dec. 14-27, IDec.29,196
ulation of legs
Dec .23,1961-1 Dec. 14-27, I Dec .29,1960Jan .10,1962
1961
1 Jan .11,196
than 15,000 "
Jan .10,1962! . 1961
1 Jan JLl^ 1961
9,810.3 U9,235.6
13,088.6 r/l2;86i,7 T/xz, $66.^ 9,900.3
Total
~)
9,796.2 £/97223.2
Total, all States 13,082.5 r/12,856.3 1/12,559.6
286.4
278.2
New ]
384.2
358.9 ^'288:9
390.7
71-4
74.6
Wi
5472
303Maine
55.7
37-1
38.5
38.9
6o.2
New Hampshire
66.3
59.9
97.2
98.7
Vermont
50.5
99.5
57.0
59-2
52.2
49.7
53.0
Mas sachusetts
158.2
170.1
168.3
Rhode Island
22.8
22.9
22.9
36.1
Connecticut
38.0
39.5
3,142.3
3,277.8
Middle Atlantic
2, 521.9
2, 532.9 3,302.3
2,567.1
962.8
913.3
748-2
955-6
New York
759-1
7793"
817.2
857-6
865.5
716.9
New Jersey
711.1
731.4
1,411.8
1,464.6
1,474.0
1,067.8
1,056.4
Pennsylvania *
1,051.7
2,444.8
2,587.8
2,862.4
2,876.8
E. North Central
2,763.7 2,601.2
746.0
783-8
781.5
Ohio
724.3
697-3
719.5
325.4
354.4
488.4
351.5
Indiana
515.1
513.3
607.8
648.7
655.6
1,041.4
1,001.3
Illinois
1,039.0
475.8
504.2
503.5
Michigan
334.1
334.0
337.2
289.8
302.6
303.2
242.6
Wisconsin
258.8
256.6
982.1
1,063.5
2,068.0
2,127.6
2,030.3 1,075.1
W. North Central
346.6
308.0
349.5
337.3
Minnesota
336.9
330.7
144.8
155-6
153.9
Iowa
322.9
330.9
337.7
18I.9
179.8
157.7
Missouri
372.6
394.7
377.7
54.2
82.8
81.2
51.5
84.3
North Dakota
53-7
67.8
74.2
73-2
136.2
129-2
South Dakota
135-3
86.0
86.7
71-7
Nebraska
323.8
325.1
329.7
.151.3
173-0
170.3
492.6
Kansas
508.1
485-5
r/958.6
1,041.5
South Atlantic
1,409.3
1,392.6 r/l,306.4 1,055.2
T
T
4T3
""4-9
4.0
4.0
1 Delaware
3.9
117-2
128.8
127.7
Maryland
102.7
98.1
105.5
412.0
443.6
412.0
436.8
437.3
V irginia
437.7
143.0
141.7
132.3
190.2
West Virginia
195.2
195.1
54.4
111.2
North Carolina
109.3
109.9
55.3
4l.8
41.5
38.5
122.2
122.0
IO8.5
South Carolina
r/63.4
71.4
70.9
106.0
r/95.4
Georgia
102.5
166.4
163.2
289.0
Florida
331.2
315.9
r/338:l
r/648.9
373-8
367.7
691.6
E. South Central
679.4
106.1
104.7
94.7
290.4
264.5
Kentucky
285-6
153.0
150.0
139.7
187.4
Tennessee
171.7
185.7
r/81.4
88.3
89.9
r/157.0
Alabama
157-9
153-8
24.8
22.3
24.7
Mississippi
55-9
54.3
55-7
624.2
611.2
543.3
2,010.1
2,111.0
W. South Central
2,048.3
88.5
89-9
186.8
16771
77.5
185-2
Arkansas
54.1
50.9
112.1
110.6
108.5
Louisiana
53.9
168.6
166.4
150.4
410.4
420.7
427-5
Oklahoma
264.5
3H.6
302.4
1, 384.6
1,344.2
1,3H.7
Texas
405.5
401.6
385.9
732.0
Mountain
726.6
736."
115-0
126.7
125.0
204.0
201.6
203.0
Montana
18.0
17-9
17-8
Idaho
29.2
30.5
29-2
63.2
62.3
56.7
122.4
Wyoming
122.3
120.5
109.8
112.9
109.1
250.8
Colorado
236.5
234.7
41.1
4l.o
39.1
New Mexico
93.8
97.1
97.3
4.5
4.3
4.5
6.1
Arizona
6.7
7-1
38.2
36.2
Utah
32.6
30.6
37-9
31.3
4.0
4.0
3.8
2.4
Nevada
3.0
/ 2*7
160.I
149.9
158.7
Pacific
176.4
171.6
l/l72.9
45.4
49.2
48.7
Washington
"53X
57-3
55.7
21.5
21.7
21-3
Oregon
27.2
r/27.4
53-0
59.7
59-2
60.7
California
58.3
30.0
29.5
29-5
Alaska
31-2
12.4
14.2
14.3
Virgin Islands
5.9




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