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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
1 DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FOR THE BIWEEKLY PERIOD ENDED DECEMBER Ik, i960
January 3, 196l
j
(Averages of dally figures!/. In millions of dollars)
Demand
Reserves
1BorrowGross demand deposits
Class of bank
Net demand
Time balances
With
Currency
ings at
InterU. S.
deposits
2/
deposits
due
from
F.
R.
Required
and
coin
Excess F. R.
Total
F. R. District
Other
bank
Govt.
dom.bks. Banks
total
Banks
All member banks
14,166
122,936
105,222
103,327
16,446
7,251
3,1*8
57,775
2,478 3/18,219
3/704
65
Cent. res.city bks.:
New York
__
23,710
4,249
672
18,789
19,897
113
5,2#
21
3,374
3,548
195
Chicago
1,238
4,581
176
108
5,994
5,167
904
1,553
31
930
—
5
48,218
Reserve city banks
7,132
1,310
40,075
2,105
39,776
22,299
7,067
88
20
749
7,727
Boston
2,304
1,908
2,042
338
58
20
227
25
348
331
3
New York
42
1,073
986
45
649
158
36
934
30
187
1
Philadelphia
484
2,446
3,013
83
2,516
405
448
103
657
45
2
Cleveland
4,944
5,706
194
2,865
112
567
192
964
858
4,977
6
1
Richmond
483
82
2,588
2,644
846
3,154
411
147
4
72
479
Atlanta
3,456
2,603
242
778
940
10
2,713
50
455
75
495
7
Chicago
182
4
4,754
583
786
3,989
2,545
191
98
3,996
693
St. Louis
66
2,671
849
2,160
1,756
140
540
6
358
31
383
5
Minneapolis
888
44
1,282
1,006
4l
180
350
10
2
272
172
2
Kansas City
3,444
2,449
464
14
905
90
2,731
258
485
693
35
5
Dallas
1,060
82
2,803
3,042
41
3,945
11
1,253
431
565
535
Son Francisco
688
12,4l6
13,417
2,408
10,813
11,315
313
2,227
205
1
299
25
Country banks
45,014
1,548
1.391
42,075
38,188
28,628
6,014
5,100
45
1,503
590
Boston
146
132
3,366
204
3,643
1,447
3,169
132
453, ! v
26
347
5
New York
6,670
7,044
1,0$'
129
245
6,229
4
5,986
852
63
396
257
Philadelphia
2,820
105
29
442
6
2,569
2,679
2,953
342
279
133
33
Cleveland
28
3,288
115
3,145
144
2,845
1
2,695
476
391
337
59
Richmond
86
2,472
2,224
2,696
284
138
2
1,503
107
342
345
49
Atlanta
102
4l4
4,138
1,831
3,407
299
562
138
500
3,737
51
9
Chicago
222
6
165
6,105
1,022
7,138
6,751
784
876
5,794
239
93
St. Louis
2,204
64
40
76
1,125
1
2,343
263
290
1,952
343
67
Minneapolis
64
1,782
48
1
87
1,651
250
267
1,932
1,370
217
30
Kansas City
3.04
2,610
2,894
464
3,146
147
46
1,097
368
65
350
7
Dallas
66
1,212
267
3,988
3,655
417
3,U9
96
767
78
435
3
San Francisco
2,580
1,889
20
2,703
50
2,309
314
227
73
372
77
NOTE: Demand deposits adjusted (demand deposits other then interbank and United States Government, less cash items reported as in process of
collection) of all member banks amounted to $92,864 million.
For numbered footnotes see next page.

J-l




l

'tc

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

Federal
Reserve
District

In millions of dollars)

Demand deposits except interbank
Time deposits
and U. S. Government
Dec. 1-14, Nov.17-30, Dec. 1-15, Dec. 1-14, Nov.17-30, Dec. 1-15,
I960
I960
I960
I960
1959
1959
Country banks in places with population of

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

1
1
II

J .la

28,077

28,006

27,575

18,293

18,236

16,270

2,978
5,121
1,721
1,920
1, 508
2,645
4,670
1,074
884
1,196
2,098
2,261

3,912
5,%18
1,707
1,931
1,526
2,596
4,671
1,060
878
1,198
2,088
2,221

2,962
5,132
1,703
1,968
1,627
2,661
4,013
1,065
841
1,204
2,186
2,213

1,168
4,051
1,341
1,470
744
1,199
4,173
569
618
506
842
1,612

1,167
4,004
1,336
1,465
774
1,198
4,166
568
615
507
834
1,602

1,099
3,819
1,187
1,382
768
1,076
3,179
537
589
452
690
1,492

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

13,998

13,975

Ik, 288

10,335

10,357

9,791

387
1, 549
1,099
1,224
964
1,092
2,081
1,129
898
1,698
1,556
319

390
1,599
1,113
1,227
982
1,064
2,085
1,106
898
1,670
1,527
314

393
1,564
1,133
1,252
1,045
1,099
2,091
1,184
937
1,656
1,601
331

1,935
1,338
1,225
759
631
1,620
556
752
591
370
277

280
1,947
1,334
1,227
774
634
1,617
555
751
589
368
282

276
1,815
1,273
1,149
780
585
1,520
523
731
540
330
269

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

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.
Footnotes for preceding page (J.l):
1/ 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:
Required
reserves
Dec.
Dec.
Dec.
Dec.

7
14
2lEZ
282/

Digitized2/
forPreliminary.
FRASER


18,216
18,224
18,702
18,728

Excess
reserves
699
707
747
708

Free
reserves
639
637
673
659

//,

J.lb
DEPOSITS. RESERVES, AMD 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 other areas designated "by an asterisk.)
Country banks in Demand deposits except interbank
Time deposits
and U. S. Government
places with a
Dec. 1-14, INov. 17-30, |Dec. 1-15,
population of Dec. 1-14, I Nov. 17-30, Dec. 1-15;
I960
1959
I960
I960
I960
1959
less than 15,000
11.998.2 13,975.0 14,287.9 107334.9 10.357.1 9,791.2
Total
14,279.9 10.322.7 "10,345.6 9,782.5
Total, all States 13,991.2
276.4
279.6
280.0
393.1
307.5
New England
78.6
73.5
T5Z
73-8
56.8
57.2
Maine *
37.0
33.7
36.9
New Hampshire
75.5
73-6
76.3
93.1
96.1
96.4
Vermont
56.2
55.4
55.3
48.1
50.3
161.0
50.2
Massachusetts
167.8
I63.I
Rhode Island
22.9
22.7
22.7
Connecticut *
35-7
35-8
35.1
3,600.4 3,389.4
Middle At]antic
3,592.7
2,981.5
2,971.3
2,913.8
1,370.5 1.260.3
1,122.0
1.115.2
New York
1,355-5
1,153-9
808.7
857.0
861.3
N<?w Jersey
748.3
765.0
752.3
1,372.9 1.320.4
1,101.0
1,062.6
Pennsylvania
1.046.3
1,375-9
2,711.2 2,548.4
2,712.4
3,146.9
3.134.4
E. North Central
3,170.9
756.1
808.9
801.5
805.7
805.4
Ohio
797.4
302.6
324.8
323.7
498.0
Indiana
498.9
507.7
712.0
763.8
1,231.2
1,208.3
Illinois
765.7
1,217.9
471.9
503.7
505.8
Michigan
362.1
361.7
357-2
305.8
311.1
310.4
269.0
262.6
Wisconsin
273.3
1,002.7
1,042.6
1,043.1
2,127.4
2,094.7
2,072.3
W. North Central
347.3
353.6
348.0
Minnesota
350.2
342.5
353.9
156.1
156.6
156.7
Iowa
336.8
339.2
333-4
155.9
164.0
163.5
366.0
388.5
Missouri *
357.7
57-5
58.7
101.1
North Dakota
58.7
94.9
95.2
64.8
67.0
67.1
129.4
137.0
129.1
South Dakota
69-0
76.6
Nebraska
332.6
75-9
339.5
339.3
152.1
166.6
166.8
486.1
476.0
471.9
Kansas
1,087.6 1,068.9
1,628.5
1,069.7
1,542.8
South Atlantic
1,547.3
3-i
4.1
4.1
470
4.0
471
Delaware
158.3
118.1
127.7
119.8
Maryland *
173.1
135.0
4l6.2
421.0
423-5
438.0
Virginia
419-9
437.5
121.9
132.8
201.4
129.6
West Virginia
199.0
189.7
61.4
68.4
146.3
153.4
North Carolina
65.3
137-7
32.5
32.9
98.8
31.6
South Carolina
99.1
95.1
60.3
68.5
120.4
68.2
120.1
Georgia
120.5
214.5
232.2
424.2
439.6
Florida
229.3
437.9
367.9
394.6
750.0
E. South Central
690.9
395.9
727.9
100.0
109.0
291.2
Kentucky
252.1
109.5
274.9
146.6
155.6
186.8
156.2
Tennessee
199.5
196.9
91.6
184.2
98.5
98.8
Alabama
181.7
178.7
29.1
31.5
31.4
Mississippi
74.4
75.1
73.3
552.2_
614.9
2,169.7
617.4
W. South Central
2,099.6
2,138.5
T9T?
79.2
Arkansas
179-1
175.0
79.4
177-2
84.3
181.8
91.3
Louisiana
176.6
91.3
178.5
127.5
140.7
141.3
Oklahoma
389.8
381.9
371.5
271.9
303.7
305.4
Texas
1,366.1
1,437.3
1,393-0
367.:
394.9
802.7
396.8
801.8
Mountain
791.3
103.5
112.5
220.6
112.8
208.0
Montana
202.3
17-4
17.9
27.8
Idaho
27.1
17.9
27-7
52.0
55.6
121.4
121.6
Wyoming
119-5
55.8
108.7
114.2
115.1
Colorado
280.5
273.4
279.5
50.8
124.1
124.1
New Mexico
121.3
4.3
6.6
6.8
Arizona
5.0
35.7
Utah
30.6
31.8
28.7
35.9
2.4
2.4
3.9
2.6
Nevada
3-9
209.1
219.8
214.7
Pacific
266.3
249.8
248.3
T
44.7
40.6
Washington
58.2
51.1
51-9
22.4
23.3
21.2
41.2
Oregon *
30.6
31.2
117.6
122.4
122.6
134.1
California
132.2
137.7
20.6
30.3
Alaska
29.2
30.3
33.2
33-8
9 .C
11.7
12.4
Virgin Islands
7.6
7.1
7.0




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