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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 I