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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS, FOR THE BIWEEKLY PERIOD ENDED
(Averages of daily figuresi/. In millions of dollars)
Demand
Gross demand deposits
Net demand
Time balances With
InterU.
S.
Total
Other deposits 2/ deposits due from F. R.
bank
Govt.
dom.bks. Banks
All member "banks
124,008 13,684
5,104 105,219 _103,750
64,|233
6,872 16,686
Cent, res.city bks.;
New York
25,068 4,470
1,048
19,549
20,566
6,677
118
Chicago
6,262 1,219
384
4,659
5, 383
102
1,877
959
Reserve City banks
48,230 6,601
2,008
39,621
39,824
25,006
2,149
7,114
Boston
2,419
3S3255™
1,901
2,131
23
New York
1,053
49
40
964
907
718
37
159
Philadelphia
3,04?
492
113
2,44l
2, 510
864
108
403
Cleveland
.5,774
545
311
4,918
4,980
3,128
197
874
Richmond
423
3,197
118
2,656
2,646
168
979
415
Atlanta
3,408
671
118
2,619
2,664
1,082
257
450
Chicago
4,516
581
273
3,662
3,719
2,492
178
652
St. Louis
2,512
674
84
2, o4l
1,754
651
129
342
Minneapolis
1,323
313
89
921
1,037
318
59
177
Kansas City
3,425
827
103
2,495
2,679
795
277
452
Dallas
986
3,927
183
2,759
3,003
444
1,379
535
San Francisco
13,629
481
697
12,452
11,507
12,317
270
2,305
Country banks
44,447 1,394
1,663
4l, 390
37,978
30,673
4,504
5,026
Boston
3,638
136
165
3,129
3,337
1,529
205
2#
New York
134
7,139
341
6,664
6,297
6,325
390
879
Philadelphia
28
2,899
122
2,748
2,505
2,837
274
334
Cleveland
3,132
27
129
2.976
2,712
2,800
315
364
Richmond
2,6ll
109
2,406
97
2,185
1,629
294
265
Atlanta
4,020
261
126
3,633
3,395
1,979
471
402
Chicago
7,238
147
267
6,824
6,188
6,376
776
892
St. Louis
2,204
60
67
2,077
1,891
1,199
269
249
Minneapolis
1,826
71
58
1,698
1,582
1,419
184
234
Kansas City
3,132
131
114
2,886
2,635
1,201
435
347
Dallas
248
3,931
81
3,602
3,153
1,366
676
4i6
San Francisco
2,678
43
97
2, 538
2,307
2,012
216
306
For numbered footnotes see next page.
Class of bank
and
F. R. District




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JUNE 28, 1961

July 14, 1961
Reserves
Currency
and coin Required Excess
total
d2,522 3/18,621 3/587"
167
30

3,727
982

28
7

780
20
27
55
112
74
51
92
31
11

7,821

73
3
1
1

Vo

230

1,544
130
246
132
147
114
143
248
70
51
74
102
85

1W

185
457
978
486
494
738
369
187
482
564
2,515
6,091
%52~
1,072
442
465
344
506
1,061
287
261
376
447
377

8

4
7
6
4
1
7
10
20
479
" W

II

46
35
39
79
5

44
71
13

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
Jun.15-28, Jun. 1^T4, Jun.16-29,| Jun.15-28, Jun. 1-1^7"Jun.16-29,
-1961
1961
I960
[ 1961
1961
I960
Country banks in places with population of 15, 000 and over \j2j

Total

29,589

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

2,995
5, 529
1,577
1,097

2, 322

29,800

28,655

2,975
5,655
1,687
1,918
1, 579
2,915
5,105
1,107
899
1,341
2,273
2,347

2,853
5,344
1,600
1,922
1,66
2,902
4,735
1,077
864
1,279
2,159
2,253

| 21,104
1, 244
4,838
l, 424
1,590
862
1,486
4,917
653

676
593
1,022
1,799

21,061

18,817

1,249
4,805
1,417
1,587
860
1,483
4,911
65
674
592
1, 021
1,812

1,315

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

11,800

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

11,916

1,135

11,700
1,157
1,077

1,717

9,570
285
1,487
1,413
1,210
768
493
459
546
743

608
344
213

285
1,479
1,410
1,208
767
491
1,456
547
742
605
342
212

1,355

1,357

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 .1):
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 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:

June
June
July
July

21
28 .
52/
122/

Cash
allowable a
reserves
2,476
2, 568
2,398
2, 500

2/ Preliminary.




Required
reserves
18,750
18,493
18,540
18,433

Excess
reserves
546
628
547
637

Free
reserves
504
547
499
590

J.lb
DEPOSITS, RESERVES. AND BORROWINGS 6FM&MBER 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
places with a popand U. S. Government
ulation of less
Jun. 15-2i Jun. 1-14, Jun.16-2$, Jun.15-2 Jun. 1-14,IJun.16-29,
than 15,000 1/
1961
I960
1961
1961
I I960
1961
Total
11,600.3 11,915-6 11,699.8 9,569
9,5%3%" 8,976.0
Total, all States
9,530.2 8,966.5
11,909.2 13*692.7 9,556.4
New England
276^
3&1.2
285-3
339%
Maine*
74.7
54.6
6176
54.0
73-2
73-2
New Hampshire
34.6
38.6
55-0
55.6
52.9
38.7
Vermont
94.6
98.3
52.7
52.0
98.6
52.3
Massachusetts
49.4
143.6
141.6
51.9
51.6
137.4
Rhode Island
Connecticut*
23.5
36.9
23.3
36.9
23.3
35.9
Middle Atlantic
3,224.0 3,120.2
2,434.9
2,430.9
2,502.5 3,236.8
New York *
909.2
734.0
743.9
•7
771.0
932.9
New Jersey
680.4
682.8
792.0
665.2
. -5
855-3
Pennsylvania*
1,008.2
1,445.8 1,419-0
1,016.5
1,066.3 1,448.6
E. North Central
2,660.6
2,514.6 2,351.5
2,683.1
2,608.8 2,514.4
Cixio
666.4
720.2
671.4
76CT
677-7
767T3
Indiana
308.6
465-1
450.0
475.7
337-0
338.2
Illinois
626.1
578.2
981.5
947.5
973-9
623.9
Michigan
461.3
312.0
490.6
317.6
315.7
490.7
Wisconsin
283.2
236.2
294.2
234.5
227-3
294.3
W. North Central
1,883.2
1,906.1
,025.8
1,828.6 1,029.7
949.3
Minnesota
35175""
311.8
313.0
302.1
342.3
144.0
150.2
302.6
299.5
305.5
151.3
Missouri
150.4
329.1
336.6
328.2
171-5
172.0
North Dakota
50.3
77.1
75.7
75-1
51.9
51-?
South Dakota
64.0
122.5
119-9
69.4
115.5
69.6
Nebraska
68.0
296.7
303.6
285.7
79-3
79.9
Kansas
447.8
450.5
419.4
142.7
161.7
162.7
South Atlantic
1,231.4
1,256.4
1,008.4
962.5
1,237.4 1,010.6
Delaware
TTo"
376
3^6
3 #
Maryland *
121.6
94.3
140.9
121.8
153-3
98.5
Virginia
380.2
373-4
400.9
418.9
362.9
419.4
West Virginia
183.0
184.9
186.1
126.5
137.4
137.7
North Carolina
92.0
92.8
50.8
56.2
89.3
56.2
South Carolina
40.2
97-0
99-2
96.7
40.3
37.9
Georgia *
68.8
56.4
91.0
90.3
89.4
68.8
Florida
160.8
297.8
306.2
268.3
132.7
161.8
E. South Central
582.6
596.9
323.4
351.1
578.3
352.5
Kentucky
22875
100.1
234.4
229.2
100.6
89.9
Tennessee
161.9
159.3
143.4
154.9
133.9
143-9
Alabama
143.3
147.1
78.6
143-2
84.7
84.9
Mississippi
21.0
51.5
51.0
22.9
53-5
23-1
W. South Central
1,843.1
1,858.1
1,808.1
494.7
575.5
579.3
Arkansas
Tssnr
"B2X"
153.4
154.1
71.5
Louisiana
100.1
101.8
48.5
102-3
52.6
52.6
Oklahoma
393-0
156.5
. 391.7
385.2
137.7
157.0
Texas
1,196.6
1,210.0
283.8
1,172.7
237.0
285.6
Mountain
660.1
678.4
351.5
395-8
632.5
Montana
118.1
176.5
182.1
109.0
180.5
II8.3
Idaho
25.6
26.2
17.6
25.8
17.6
17.6
Wyoming
104.2
108.4
103.2
52.6
58.9
59.1
Colorado
234.1
240.7
211.1
116.9
93-6
117.7
New Mexico
84.4
86.0
39-8
35-6
77-2
39-7
Arizona
4.4
4.0
5-4
4.4
5.6
5.3
Utah
27.4
26.8
36.2
36.4
27.5
35-2
Nevada
2.5
2.2
2-3
3.9
3.9
Pacific
155.3
136.6
158.1
150.6
156.7
149.7
Washington
51.0
45.6
52.6
49.2
43.7
4577
Oregon *
21.2
20.6
21.7
26.9
19.2
19.3
California
52.0
50.1
52.2
56.1
50.5
56.3
Alaska
28.6
21.8
31.1
31.6
30.5
29.5
Virgin Islands
6.1
6.4
12.8
9.8
7.1
12.9




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