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Ht
J.I

BOARD OF GOVERNORS OF TBK FEDERAL RESERVE SYSTEM
January 9, 195
DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS, FIRST HALF OF
(Averages of daily f i g u r e s ^ . In millions of dollars)
Demand
borrowingsf
Gross demand deposits
Net demand
balances due Reserves with F.R.Banks at Federal
Time
U.
S.
deposits
2/
deposits
from
domestic
Interbank Govt.
Other
Total Required Excess Reserve '
banks
104,728
52,610
122,597
13,546
3,281
105,769"
18,631^18,224
407"
434
6,797

Class of bank
and
Federal Reserve District
A l l member banks
Central reserve c i t y banks;
86
620
5,102
23,703
4,065
19,018
New York
20,551
3,941 3,954
-13
32
6,284
Chicago
108
221
4,865
1,439
1,061
1,062
20
Reserve city banks
2,0(1)2
48,592
21,151
1,178
7,820
40,595
224
7,807
13
Boston
"W
2, Obi
22
1,960
233
2,337
329
354^
-1
355
New York
642
1,183
1,038
46
202
1,097
203
4
-1
35
39
Philadelphia
101
2,586
3,049
469
2,527
456
1
12
559
455
Cleveland
168
5,124
5,823
960
2,355
5,095
22
1
958
555
Richmond
2,446
2,500
123
2,965
752
454
224
450
457
Atlanta
2,704
249
859
3,425
489
2,585
783
4
493
Chicago
4,626
3,024
238
526
165
5,436
4,745
914
St. Louis
2,186
2,644
485
1,804
119
385
785
55
7
Minneapolis
267
1,025
898
1,292
183
2
47
1
339
£
Kansas City
607
3,480
2,501
276
896
83
2
492
2,797
493
45
Dallas
3,064
8
1,125
960
10
390
3,875
562
137
570
2,777
San Francisco
10,244
680
13,082
12,130
11,207
-6
6
271
2,355
2,361
295
44,018
24,918
1,262
41,292
4o8
4,542
1,465
Country banks
5,809 5,401
37,772
157
Boston
1.346
201
121
412
430
129
3,336
3,585
18
3,133
15
New York
228
6,869
6,113
988
5,447
43
375
945
33
Philadelphia
96
2,563
2.347
12
274
2,935
427
27
399
Cleveland
2,426
484
3,230
322
444
107
3,367
2,937
13
39
Richmond
2,700
1,502
380
145
2,450
491
2,937
350
345
35
Atlanta
4,006
482
448
1,590
3,347
3,635
279
23
505
§
Chicago
6,426
6,096
843
4,585
909
155
5,577
. St. Louis
2,014
2,243
1,027
2,376
1
70
24
297
273
Minneapolis
82
1,842
208
1,982
1,716
1,258
4
252
23
275
57
Kansas City
2,882
2,621
440
143
907
3,123
369
334
97
17
Dallas
4,049
234
963
3,259
3,745
695
407
4
San Francisco
40
2,26l
2,041
200
2,362
1,519
14
301
NOTE: Demand deposits adjusted (demand deposits other than interbank and United States Government, less cash items reported as in process of
collection) of a l l member banks amounted to $94,697 million.
For numbered footnotes see next page.




I

I

S

11

8

s

3

J . la

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

Federal
Reserve
District

In millions of dollars)

Demand deposits except interbank
Time deposits
1st half
2nd half
1st half
1st half
2nd half
1st half
Dec. 1958 Nov. 1958 Dec. 1957 Dec. 1958 Nov. 1958 Dec. 1957
Country banks In places with population of 15,000 and over l /

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

27,760

27, %9

26,692

15,554

15,547

3,041
5,104
1,734
2,029
1,729
2,668
4,060
1,122
923
1,222
2,140
1,990

3,112
5,156
1,754
2,049
1,740

2,937
4,829
1,624
2,025
1,666
2,763
3,934
1,042

1,061

1,062
3,639
1,125
1,328
758
1,051
3,136
534

2,610
4,073
1,096

926

1,219

2,129
1,960

858
1,128
2,083
1,801

3,649
1,125
1#

766

1,054
3,125
532
559
425
673
1,262

559
424

672

1,258

13,771
976
3,129

1,000

1,247
677
944
2,798
489
493
368
556
1,093

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

14,794

14,714

13,861

9,363

9,343

8,389

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

420

402
1,558
1,178

285

1,047
1,027
2,212

1,019
964
2,080
1,111

286
1,796
1,221
1,101
735
534
1,449
494
697
481

237
1,596
1,149
1,020

1,660
1,186
1,291

1,182

973
1,733
1,654
33C

1,281

881

1,548
1,526
315

1,798
1,222
1,101
737
535
l,46o
495
700

482
291

258

287
261

676

459
1,330
441
626

412
204

238

1/ Includes any banks in outlying sections of reserve c i t i e s which have been given
permission to carry the same reserves as country banks.
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 a t 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
published weekly statements: Dec. 3
18,232
18,160
10
18,366
18,523
18,495
g/ Preliminary




$

J.lb

DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BAMS — Continued
(Averages of daily figures; in millions of dollars. Comparability of figures
i s affected somewhat by changes in Federal Reserve membership, absorptions,
e t c . , particularly in States or t e r r i t o r i e s designated by an asterisk.)
Demand deposits except interbank
Time deposits
2nd half
1st half
1st half
2nd half
1st half
1st half
Dec. 1958 I Nov. 1958 IDec. 1957 IDec. 1958 Nov. 1958 Dec. 1957
Country banks in places with a population of less than 15,000
Total, incl.Alaska
& Virgin Islands 1 4 , 7 9 3 . 9
14,713.8
13,860.9
9,363.4
9,342.8 6,389.0
Total, a l l States
14,784.2 14,704.4 13,852.4
9,352.2
9,331.8 8/3783"
New England
423.8
427.6
427.9
292.6
292.5
253.3
Maine
68.0
67.6
"T5X
78.6
6978
78.5
New Hampshire
74.1
70.9
70.7
28.4
31.8
31.9
Vermont*
64.4
63.6
100.4
63.5
100.3
68.5
Massachusetts
168.1
174.3
160.7
46.7
47.0
43.0
Rhode Island*
.8
1.8
Connecticut*
49.6
66.8
51.0
41.8
35-0
34.9
Middle Atlantic
3,078.3
3,116.4
2,995.2
3,292.6
3,289.5 2,986.8
New York
1,153.3
1,179.'
1,090.1
1,246.9
1,244.8 1 , 0 9 8 . 7
New Jersey
781.5
785.9
729.7
774.6
677.8
773.1
Pennsylvania
1,143.5
1,150.7
1,175.4
1,271.1
1,271.6 1 , 2 1 0 . 3
E. North Central
3,301.1
3,279.3
3,133.1
2,447.3
2,438.1 2,254.0
Ohio
822.2
825.0
806.7
722.3
676.1
722.0
Indiana
530.4
543.1
501.4
293.2
293.6
277.8
Illinois
1.270.3
1.281.5
669.2
1,196.9
667.8
603.2
Michigan*
362.2
366.5
463.8
356.9
456.4
427.5
Wisconsin
291.4
287.8
271.2
298.8
298.3
269.4
W. North Central
2.263.4
2.233.6
2,015.5
944.1
832.5
940.3
Minnesota
361.0
359.1
"P+;
335.1
334.2
302.7
382.0
341.4
373.9
148.7
147.1
133.9
Missouri
405.6
148.7
399.9
373.2
149.1
126.5
North Dakota
107.8
108.1
96.0
52.7
51.7
45.9
South Dakota
148.0
148.1
61.4
122.3
60.9
51.7
Nebraska
359.8
353.0
60.8
315.8
60.5
52.3
Kansas
501.1
489.7
441.9
136.8
136.7
119.5
South Atlantic
1,636.2
1,603.0
1,549.4
1,008,0
1,009.5
913.1
Delaware
18.2
18.3
14.0
15-7
147o
12.5
Maryland*
190.1
189.7
185.2
153.2
152.1
153.3
Virginia
445.7
430.4
408.8
392.8
391.8
351.1
West Virginia
206.6
205.9
214.4
108.4
107.8
103.2
North Carolina
140.9
143.2
142.1
60.5
60.9
53.8
South Carolina*
100.9
98.9
93,1
31.9
31.4
27.7
Georgia
121.8
121.9
114.8
46.0
54.8
54.9
Florida
412.0
394.7
375.3
193.8
194.0
166.7
E. South Central
762.7
718.8
683.1
346.4
345.0
295.4
Kentucky
307.3
25jpr
277.1
83.4
99.5
99.2
Tennessee
194.8
186.3
179.0
121.6
134.8
Alabama .
187.4
183.6
168.3
84.4
74.0
Mississippi*
73.2
71.8
50.4
26.4
26.6
16.4
W. South Central
2,249.2
2,220.5
2,040.7
486.7
482.3
368.3
Arkansas
172.6
170.7
160.6
60.3
52.2
59.7
Louisiana
166.2
163.3
165.5
76.4
65.4
76.2
Oklahoma
396.4
389.6
339.5
111.3
88.9
1
0
9
.
2
Texas
1,514.0
1,496.9
1,375.1
238.7
161.8
237.2
Mountain
335.1
290.4
334.0
Montana
82.4
95.0
Idaho
16.6
14.8
16.5
Wyoming
46.0
39.1
45.7
Colorado
277.7
100.6
100.7
87.2
New Mexico
126.0
112.1
37.8
37.4
Arizona
3.9
3.9
Utah
32.2
29.4
32.3
Nevada
2.7
2.7
2.5
Pacific
198.0
184.8
202.0
Washington*
46.5
47.9
47/r
Oregon*
21.6
20.6
21.4
California
150.3
128.5
132.9
117.7
Alaska &Virgin Is.
10.6
11.3
11.3




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