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J.l

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BMIKS, SECOND HALF O F J U ^
In m i l l i o n s of d o l l a r s ) }
(Averages of d a i l y f i g u r e s l / .
Gross demand d e p o s i t s

Class of bank
and
F.R. d i s t r i c t
A l l member banks W
C e n t r a l reserve~"city banks;
New Yorlc
Chicago
Reserve c i t y banks r j
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
, S t . Louis
Minneapolis
Kansas C i t y
* Dallas
San F r a n c i s c o 4 / r /
Country banks r / ~
13 o 8 ton
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o 4 / r /
— —

Total
92 Ml
21,26k
5.3kO
35,171
1,987
898
2,367
4,344
2,126
2,058
4,4l6
2,030
1,051
2,913
2,707
8,274
30,61+2
2,565
U,536
2,339
2,463
2.046
2,482
4,219
1,713
1,420
2,235
2,858
1,766
-•

NO IE:




v

6

Net
demand
deposits

10,709

81,708

81,186

Time
deposits
V
29,742

3,786
1,071

17,478
4,269
30,172
1,716
869
1,990
3,869
1,827
1,657
3,965
1,507
798
2,151
2,118
7,705
29,788
2,475
4,445
2,320
2,41+1
1,953
2,325
4,154
1,667
1,362
2,177
2,730
1,739
xjs

19,591
4,812
30,476
,810
796
2,070
3,838
1,847
1,753
3,816
1,737
864
2,410
2,201
7,334
26,306
2,252
4,030
2,026
2,136
1,725
2,117
3,621
1,465
1,223
1,87%
2,313
1,526

1,790
1,096
11,802
195
287
242,
1,496
438
44o
2,o45
349
180
369
424
5,336
15,053
1,057
3,410
1,742
1,728
900
694
2,608
643
752
321
244
yoo
953

Interbank

4,998
271
28

s

299
401
451
523

s

589
569
854
90
91
19
22
93
157
65
46
58
58
128
27
-1

JL

r/

;o ,:

1

August 2 9 , 1950
(Revision of s t a t e m e n t
i s s u e d J u l y 2 4 , 1950)

':-'3

Demand
Reserves w i t h F. R. Banks
b a l a n c e s due
from domestic
Required
5,362

16,241

15,498

40
124
1,763
35
35
79
168
107
116
260
95
63
252
300
254
3,435
170
293

4,471
1,109
6,227
340
161
391
784
368
349
810

4,400

%

241
299
508
220
166
344
503
iyv
190

1,114
6,076
336
158
385
766
354
338
789

S? s

467
443
1,610
4,435

724
394
286

Br
1,587
3,909

-

742

58

71
5
151
4
4
6
18
14
11
21
8
3
14
26
23
525
29
70
48

11
1
22
1
2

8
1
2
3
1
1
3
1
23

654
330
343
252
34
289
565
208
26
184
28
24l
46
290
53
231
19
items r e p o r t e d as i n p r o c e s s

A

234
212
287
343
249
l e e s cash

Borrowings
at Federal
Reserve

Revised — see f o o t n o t e 4 / #

J.la
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS - ( C o n t ' d )
(Averages of d a i l y f i g u r e s .

In m i l l i o n s of d o l l a r s )

Demand d e p o s i t s e x c e p t i n t e r b a n k

Federal
Reserve
district

2nd h a l f
June 1950

1st half
June 1950

2nd h a l f
June 1949

Time d e p o s i t s
2nd h a l f
1 s t h a l f 2nd h a l f
June 1950 June 1950 June 1949

Country banks i n p l a c e s w i t h p o p u l a t i o n of 15,000 and over 1 /
Total

1/17,6*

17,595

16,201

r / 8,9-34

8,934

8,811

2,133
3,327
1,360
1,408
1,122
1,623
2,441
693
616
599
1,099
1,244.

2,085
3,302
1,317
1,403
1,128
1,664
2,443
695
620
592
1,100
1,247

1,858
2,992
1,226
1,280
1,088
1,529
2,209
647
595
556
1,010
1,213

829
2,252
834
918
417
467
1,637
351
303
109
165
r / 653

830
2,254
833
919
417
467
1,638
351
304
110
166
646

836
2,210
813
922
410
467
1,600
344
300
106
152
652

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o 4 /

t/

Total

r/12,124

12,205

11,518

r/6,11 &

6,121

6,058

342
1,118
960
1,033
832
702
1,714
974
745
1,578
1,631

349
1,112
9%
1,037
844
716
1,723
983
752
1,589
1,646
501

332
1,030
894
997
815
654
1,613
958
735
1,554
1,450
485

229
1,157
909
810
483
227
971
293
448
212
79
r/ 3 0 0

229
1,156
908
810
483
226
971
293
450
213
81
302

235
1,152
897
8l4
480
219
955
284
451
208
71
293

Country banks i n p l a c e s w i t h p o p u l a t i o n of l e s s than 15 ,000

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas C i t y
Dallas
San F r a n c i s c o V

r/k99

l/

I n c l u d e s any banks i n o u t l y i n g s e c t i o n s of r e s e r v e c i t i e s which have been
given p e r m i s s i o n t o c a r r y t h e same r e s e r v e s a s c o u n t r y b a n k s .
V See below
r / Revised — see f o o t n o t e L /
F o o t n o t e s f o r p r e c e d i n g page ( J . l ) :
l/

Averages of d a i l y c l o s i n g f i g u r e s f o r r e s e r v e s and borrowings and of d a i l y
opening f i g u r e s f o r o t h e r columns, inasmuch a s r e s e r v e s r e q u i r e d a r e based
on d e p o s i t s a t opening of b u s i n e s s .

2/

Demand d e p o s i t s s u b j e c t t o r e s e r v e r e q u i r e m e n t s , i . e . , g r o s s demand d e p o s i t s
minus cash items r e p o r t e d as i n p r o c e s s of c o l l e c t i o n and demand b a l a n c e s due
from domestic banks.

3/

I n c l u d e s some i n t e r b a n k and U. S. Government time d e p o s i t s ; t h e amounts on c a l l
r e p o r t d a t e s a r e shown i n t h e Member Bank C a l l R e p o r t .

4 / Revised on a p a r t l y e s t i m a t e d b a s i s t o r e f l e c t t h e s i t u a t i o n a s i f t h e temporary
a q f t i e i t i o n e f 22 member and nonmember bafifcfl by t h e Bank of America N.T. & S.A.
had not been accomplished. (Banks a c q u i r e d on June 24 end r e i n s t a t e d a s i n d i v i d u a l banks on August 7 . )




J.lb
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS - ( C o n t ' d )
(Averages of d a i l y f i g u r e s ; i n thousands of d o l l a r s . C o m p a r a b i l i t y of
f i g u r e s i s a f f e c t e d somewhat by changes i n F e d e r a l Reserve membership,
a b s o r p t i o n s , e t c . , p a r t i c u l a r l y i n S t a t e s d e s i g n a t e d by an a s t e r i s k . )
Demand d e p o s i t s e x c e p t i n t e r b a n k
2nd h a l f
1st half
2nd h a l f
June 1950 June 1950
June 1949

Time d e p o s i t s
2nd h a l f
June 1950

1st half
June 1950

2nd h a l f
June 1949

Country banks i n p l a c e s w i t h p o p u l a t i o n - of l e s s t h a n 15 ,000
T o t a l , a l l States|rl2,123,504- 12,204,7% 1 1 , 5 1 7 , 6 4 8 j 6 , , 1 2 1 , 4 6 4 6,058,133
New England
361,745
368,470
349,032
241,243
241,507
246,956
Maine
56,325
63,614
65,562
58,265
63,339
57,845
New Hampshire
71,346
26,671
26,718
27,852
67,431
73,636
Vermont
43,954
44,449
54,958
54,954
41,737
55,329
Massachusetts
124,992
51,348
52,416
126,743
51,283
115,845
Rhode I s l a n d
882
881
1,541
1,505
1,527
738
Connecticut
64,246
43,386
64,916
65,016
44,292
43,411
Middle A t l a n t i c
2,330,713
2,317,306
2 , 1 7 7 , 0 9 9 2 , 3 0 3 , 2 2 3 2,301,290 2,290,678
New York
765,940
742,517
741,665
763,580
753,617
712,385
New J e r s e y
548,132
545,608
526,110
545,201
544,794
504,951
Pennsylvania
l,oi6,64i
1,008,525
959,763 1,015,098 1 , 0 1 4 , 8 3 1 1 , 0 1 0 , 9 5 1
E. North C e n t r a l
2,453,480
2,463,823
2,321,307 1,674,894 1,676,463 1,658,968
Ohio
607,815
610,481
506,171
572,181
506,539
505,798
Indiana
404,356
183,800
409,629
183,829
178,576
394,866
Illinois
922,718
883,440
396,048
396,055
927,315
387,333
Michigan
327,219
367,141
326,870
367,261
360,265
288,853
Wisconsin
191,372
221,727
222,786
189,528
226,996
181,967
W. North C e n t r a l
1,914,638
544,640
1,928,271
1,890,721
544,890
537,827
Minnesota
260,081
262,060
217,286
217,880
218,282
249,669
Iowa
314,921
91,160
91,124
91,544
317,549
302,333
Missouri
316,314
72,820
319,015
76,227
76,956
307,843
North Dakota
81,143
82,213
30,861
30,651
30,678
86,502
South Dakota
150,966
151,649
37,211
37,076
35,341
149,355
Nebraska
317,499
43,642
321,785
42,966
43,605
317,921
Kansas
473,714
474,000
46,196
477,098
47,942
47,909
South A t l a n t i c
1,208,158
1,228,277
1,146,298
589,048
596,653
595,954
Delaware
16,773
16,863
11,662
11,900
11,885
16,653
Maryland
164,535
119,860
120,121
165,931
147,423
120,052
Virginia
308,994
224,630
224,548
216,265
313,942
301,252
West V i r g i n i a
178,178
179,950
188,323
80,309
80,392
83,794
North C a r o l i n a
118,409
120,708
116,176
49,221
49,248
50,876
South C a r o l i n a
75,311
18,264
18,269
77,187
76,003
18,759
Georgia
90,784
86,111
92,645
28,562
29,632
29,639
Florida
255,174
62,105
261,051
62,584
59,078
214,357
E. South C e n t r a l
617,034
168,722
621,278 168,597
629,284
165,737
Kentucky
268,076
272,483
273,901
47,741
47,856
47,696
Tennessee
167,789
67,602
169,901
67,864
168,548
67,863
Alabama
131,886
41,184
38,226
134,738
131,051
41,137
Mississippi
49,283
50,744
49,196
11,901
12,053
11,933
W. South C e n t r a l
2,146,230
2,161,821 1 , 9 5 0 , 4 9 6 163,001
151,534
163,928
Arkansas
167,061
168,598
32,815
30,750
162,735
32,910
Louisiana
83,287
81,828
84,459
28,138
28,712
28,635
Oklahoma
401,395
402,380
38,640
36,890
387,531
38,591
Texas
1,494,487
1,506,384
1,318,402
63,887
55,756
62,739
Mountain
715,957
184,598
183,108
729,818
183,073
702,399
161,024
Montana
163,866
161,916
42,245
41,450
42,254
Idaho*
62,637
65,080
16,247
16,972
69,199
15,192
Wyoming
94,098
96,284
21,430
21,637
91,520
21,313
Colorado
231,871
49,201
222,221
49,148
234,729
49,299
New Mexico
109,263
111,868
13,610
100,959
13,662
12,352
Arizona
4,328
1,049
4,242
1,236
4,336
1,047
Utah
34,668
45,329
46,157
44,725
35,150
35,386
Nevada
7,498
7,617
5,332
5,557
r/
Pacific
244,112
377,714
359,0181
234,312
Washington
80,877
82,241
41,503
80,730
41,656 *
40,736
Oregon
77,258
77,201
26,053
72,371
25,854
25,731
California * 4/ [ r / 21?,4K
218,272
176,556
205,917
167,845
See f o o t n o t e on page J . l a .
Digitized"47
for FRASER
r / Revised — see f o o t n o t e l j .