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J.l

BOARD OF GOVERNORS OF TBE FEDERAL RESERVE SYS'lW
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FOR THE BIWEEKLY PERIOD ENDED JUNE 15, I960
(Averages of daily figures!/. In millions of dollars)
Demand
Reserves
Class of "bank
Gross demand deposits
"balances
Net demand
Time
With
Allowand
InterU. S.
deposits 2/ deposits due from
able in
Required
R.
F.
F. R. District
dcm .b!:s.
"banks
119,704
12;743 " 5,192
101.769
101,058
17,878
276
3/ 17,711
res.city "bks.:
New York
23,640
4,082
1,145
18,4i4
4,452
19,708
98
3,770
3,775
Chicago
100
5,823
1,129
293
4,4oi
1,452
5,023
978
977

5hm.

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

46,533
2,31b

Country banks
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
r'-m Franc i sci

43,707
3,445
7,083

1,108

2,987
5,669
2,874
3) 324
4,79b
2,401
1,214
3,219
3,694
12,930

2,851
3,219
2,771
4,046
6,933

~3^~

6,228

48
463

530

1:3

2,095
-TI5~

617

127
25

26

%

142
56

1,000

J? US
300

114
110

% 12

767
9C0

38,210

320
117
119
537

309

126
160
106
114

292

1, 001
2,362
2,531
3,93i

2,336
. 2,674
11,776

38,688
2,037
964
2,490
4,904
2,406

2,065

574
2,784

35
109
193
123

7 66

2,602

886

4,025
1,947
955
2,556
2,834

2,477

506
260

634

1,092

10,966

10,362

_J%0

-2I4M1,408
5,829

2,981
kill
2,700
6,254
2,486

3,033
2,552
3,683
6.499
2,065
1,683
2,758

~W
~W
625

21,165

2,805
2,341
3,423
5,991
1,884
1,563
2,534

2,581
2,616
1,593
1,749
5,566
1,075

285
187
128
52
246
417

262
Jh_lo2_

192
372

256
306

292
465

7,395
™3*T

182
439
929
423

81
10
2
21

3M3

7,442
34b

346

17
2

457
525
2,332

1
2
5
_!%!_
15

29
29
29

22

16

H E

5
2

1
32

34

162

190

44o
948
435

2
3
20

2

2
12

474

472

.5,7.30
405
995
397
457
347
481
979

July 1, i960
Borrowings at
. R.

7 88

16
1
30

347
171
453

522

2,327
5.522
979
402

439

w,

31
402
21
44
24

47
31
32

74

,191,.
13

22
20
5

3

24
261
25
7
12
21
254
238
iii
102
20
2
30
330
359
80
6
44
199
1,089
3,106
434
19
3,473
396
46
, .
,631
86
200
jn-c.
y
jjy
8
v
11
2.500
1.
342
339
5
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 $89,547 million.
For numbered footnotes see next page.

2.186

1,814
2,976
3,752




65
59

>UL

1,326
1,028

257

192

%

281

33
5
5

937

DEPOSITS, K38iiaVEG, AND BOPiRCWIITGri OF M & 3 E K BiiNICS -- Continued
(Averages of daily figures. In millions of dollars)
Federal
Reserve
District

Demand deposits except interbank
Time deposits
and U. S. Government
June 2-157T May 19 - (June 1-15, June 2-15, May 19 - June 1-15,
I960
I June1,19601 1 9 5 9 #
I960
I June 1,19601
1959
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

27,275

26,7k)

2,791

2,610
1,019

1,073
1,227

2,161

17,581

17,465

16,387

1,129
3,936
1,247
1,422
797
1A35
4,013
543
642
469
736
1,512

1,130
3,923
1,242
1,419
797
1,131
4,002
542
592
467
735

1,098
3,836
1,190
1,390
773
1,105
3,230
559
580
447
716
1,457

1,506

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

#

13.468

13,235

14,034

10,060

10,069

9,712

360

358
1,519
l,0b5
1,165
938
1,053
1,972
1,028
824
1,559
1,459
294

385
1,572
1,122
1,249
973
1,074
2,138
1,100
902
1,646
1,546
326

280
1,893

280

293
1,840
1,260
1,127
762
580
1,510
507
722
515
325
270

1,539
1,087
1,190
963
1,073
1,992
1,046

850
1,577
1,487
303

1,334
1,194
796
6i4
1,553
532

685

559
352

269

1,877
1,329
1,189
797
607
1,554
529
733
558
349

267

U . S . Government deposits included, prior to December 1, 1959*

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
frcta domestic "banks.
3/ Revised weekly figures compared with those given in published weekly statements:

June 8
June 15 .
June 22BZ
June 29E/
2/ Preliminary.



Required
reserves

Excess
reserves

Ftee
reserves

17,690
17,729
18,042
17,853

462
428
559
469

62
54
9
57

lb
PoK/Sl-l'S, RdlcjU-aVAL, Al-jp BOx&OwiNhjo OF
jrCS -- uonbiaut-d.
(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 %ith a
and U. S. Government
population of
June 2-15,I May 19 - June 1-15, June 2-15, May 19 - June 1-15,
less than 15,COO
June 1,1960
1939
19b0
I960
[dune -U950
1959 "
9,711.6
10,060.5
10,069Tl
137^68.5
13,23%%
all States
10.050.7
10,059.9
9,703%
13,461.8
13,227.3
New England
293-3
279.5
jg5lT
358:1
_m..8_
Maine *
7773"
79.7
68.0
693"
3.2
77-8
34.4
New Hampshire
33.6
62.9
66.3
34.4
63.6
103.1
Vermont *
94.3
52.4
63.3
52.6
94.3
47.8
Massachusetts
49.7
144.5
139.2
49.8
139-8
Ehode Island
29.1
Connecticut
23.5
41.5
35-6
35-6
23.5
Middle Atlantic
3,397.2
2,848.2
,523.'
2,976.1
3,546.1
2,893.3
1,291.9
New York
1,300.0
1,146.4
1,105.2
1,119-0
1,315.2
New Jersey
794.3
839-0
722.4
695.4
841.1
713.5
1,3H.0
Pennsylvania
1,384.9
1,108.0
1,047.6
1,060.8
l, 389.8
2,604.8
E. North Central
2,
519.3
2,927.6
3,165.3
2.978.5
2.607.9
74874"™
Ohio
739.1
~Boi.i
77F.7
768.6
731.6
Indiana
301.3
310.4
464.6
505.6
464.9
307.5
694.6
Illinois
1,118.8
1,218.0
734.9
1,138.5
734.2
480.4
Michigan
481.5
343.2
365.2
346.6
483-8
Wisconsin
303.9
252.6
275.4
299.3
300.8
259.9
W. North Central
1,010.0
976.4
2,110.8
1,953-6
983.1
962.5
Minnesota
3
437T
1
4
5
7
2
"
347.5
319.1
298.6
334.5
Iowa
154.3
155.2
331.2
357.9
331.8
155.8
Missouri
147.9
155.8
343.2
373-9
348.7
156.6
North Dakota
88.0
56.3
96.6
88.6
57.7
57.6
South Dakota
65.0
118.8
63.9
134.9
119.7
63.8
65.1
Nebraska
72.2
334.1
310.9
313.4
71.7
Kansas
144.5
442.4
469.2
446.4
157.7
158.4
South Atlantic
l, 053.2
1,095.0
1,560.5
,505.3
1,099.8
1,542.7
1.0
Delaware *
5.2
5.1
4.0
3.7
3.9
151.2
Maryland
160.5
164.2
161.7
170.8
161.5
420.8
Virginia
409-7
407.1
389.8
4l8.1
397.7
West Virginia
117.0
198.4
127.3
190.3
194.0
127.5
64.8
62.1
North Carolina
124.7
131.2
127.7
65.4
South Carolina
32.1
92.4
32.5
87.5
88.9
32.3
Georgia
114.4
13.4.7
59.6
114.3
60.5
59.9
Florida
225.6
215-9
447.4
433.2
445.4
230.5
E. South Central
380.1
361.7
698.8
684.5
673.5
381.5
2b9.3™
Kentucky
103.8
252.3
99.5
104.2
256.9
Tennessee
141.9
182.4
181.2
150.4
184.6
150.8
Alabama
169.6
178.1
91.3
171.9
95.5
96.0
Mississippi
29.0
30.4
70.4
69.O
71.1
30.5
W. South Central
2,001.8
2,107.2
582.7
534.7
2,044.0
586.6
T4.3
Arkansas
158.2
161.0
157.9
73.9
74.3
81.4
86.6
Louisiana
174.2
177-4
178.1
87.2
120.4
Oklahoma
382.1
360.3
133-2
369.9
133.5
268.6
Texas
289.0
1,309.4
1,389.5
1,335-0
291.6
Mountain
376.2
760.5
355-4
723.6
732.0
378.2
100.1
Montana
180.8
108.4
200.9
186.2
108.7
Idaho
26.0
16.9
26.5
26.1
17-5
17.5
48.8
Wyoming
107.0
110.2
106.6
52.5
52.5
Colorado
106.9
269.4
109.2
263.5
266.1
109.6
41.8
New Mexico
113.4
116.7
46.7
113.5
46.9
4.0
4.8
Arizona
4.0
4.0
4.7
5-3
Utah
28.0
25.8
34.0
26.6
35.1
Nevada
2.2
2.3
3-9
3.5
3.9
Pacific
212.4
262.5
235.6
207.7
243.9
208.3
44.6
Washington
5477
47.2
5875
57.1
47.3
Oregon
20.2
34.0
34.4
33.2
23.7
23.7
California *
118.3
115.1
136.5
127.3
122.2
115.6
Alaska
29.4
20.3
21.7
30.2
33.5
21.7
6.6
Virr.in Islands
7.2
6.9
9.3
7.9
if U . S . Government deposits included, prior to December 1, 1959.