The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM • DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS, FIRST HALF OF JUNE 1951 (Averages of d a i l y f i g u r e s l / . In millions of d o l l a r s ) Class of bank and Federal Reserve D i s t r i c t All member banks Central reserve c i t y banks: New York Chicago Reserve c i t y banks Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas City Dallas San Francisco Country banks Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City * Dallas San Francisco NOTE: Demcnd deposi col Net Gross demand deposits demand Total InterOther I deposits 2/ bank 98,397 11,113 87.285 ' 86.251 22,402 5,615 37,304 2,089 908 2,407 4,753 2,285 2,240 4,770 2,213 1,051 3,043 2,713 8,833 33,075 2,800 5,006 2,423 2,688 2,178 2,746 4,695 1,812 1,445 2,276 3,111 1,895 3,884 18,519 20,502 1,110 4,505 5,041 5,193 32,111 32,249 1,830 ; 1,904 259 27 880 ' 806 2,020 , 2,107 387 481 4,272 4,202 333 1,951 1,961 1,787 : 1,882 454 500 4,270 ; 4,095 577 1,635 1,878 262 789 866 765 2,278 2,523 565 2,148 2,226 8,250 583 7,799 926 32,150 28,458 2,707 93 2,465 94 4,912 4,451 19 2,404 2,125 22 2,666 2,352 104 2,074 1,821 175 2,571 2,324 82 4,612 4,038 48 1,764 1,548 62 1,383 1,236 57 2,218 1,920 140 2,971 2,553 1,866 29 1,626 Time deposits 2/ 29,743 July 9, 1951 •' Demand |balances due U,..Reseryes with F. R. Banks |from domestic Total 1 Required j banks 5,533 19,294 18.349 945 5,130 1,289 7,413 405 180 439 946 450 427 970 417 186 553 500 1,940 5,413 5,033 1,276 7,155 392 179 435 931 418 402 940 396 183 528 468 147 13 257 13 2 4 15 31 25 30 21 3 25 32 55 528 Borrowings a t Federal Reserve Banks I 1,870 1,100 11,760 181 289 223 1,507 437 423 2,014 336 164 390 377 5,420 15,014 1,044 3,339 1,714 1,717 893 686 2,666 648 725 333 295 954 37 131 1,811 29 35 102 179 121 141 264 108 47 254 278 250 3,555 170 309 216 270 261 334 550 232 174 333 504 204 s Government, l e s s 1,885 4,885 408 11 32 823 76 27 400 439 39 9 483 432 51 4 356 309 47 5 408 367 41 1 807 725 81 2 281 256 25 2 240 217 23 7 330 289 41 4 426 50 375 2 305. 20 285 2 cash items reported as in process 439 900 DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS - Continued (Averages of d a i l y f i g u r e s . In millions of d o l l a r s ) Federal Reserve District | Demand deposits except interbank • Time deposits 2nd half I 1 s t half 1 s t half 2nd half j 1st half 1st half June 1951 May I95I J June 1950 June 1951 May 1951 ! June 1950 Total ! 20,751 20,68) 18,88U 9,342 9,318 9,386 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas C i t y Dallas San Francisco 1 ! 2,388 3,801 1,424 1,591 1,300 1,960 2,914 860 678 791 1,630 1,414 2,397 3,791 1,431 1,60k 1,265 1,946 2,907 852 665 788 1,621 1,395 2,126 3,406 1,357 1,1*19 1,219 1,815 2,578 802 674 7L8 1,415 1,325 839 2,273 820 919 454 497 1,772 380 318 134 231 701 837 2,277 821 911 454 498 1,766 374 317 132 232 699 850 2,350 835 937 462 507 1,724 376 332 131 186 698 Country banks in places with population of 15,000 and over l / 2 / Country banks in places with population of l e s s than 15,000 2 / Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco l/ 2/ > 11,399 11,320 10,916 319 1,111 980 1,076 773 611 1,698 904 705 1,427 1,341 452 317 1,103 975 1,069 781 6o4 1,681 893 695 1,423 1,334 445 309 1,008 913 1,021 753 564 1,588 876 697 1,433 1,331 423 5,672 206 1,061 894 798 440 188 894 268 407 198 64 253 / 5,66L 5,669 206 1,058 894 795 445 187 892 267 4o6 197 6U 253 209 1,060 907 792 438 186 885 268 422 191 61 250 Includes any banks in outlying s e c t i o n s of reserve c i t i e s which have been given permission to c a r r y the same reserves as country banks. C l a s s i f i c a t i o n by population i s based on the 1950 census; comparative f i g u r e s f o r 1950, p r e v i o u s l y reported on the b a s i s of the 1940 census, have been revised. Footnotes f o r preceding page ( J . 1 ) : l / Averages of d a i l y closing f i g u r e s for reserves and borrowings and of d a i l y opening f i g u r e s for other columns, inasmuch as reserves required are based on deposits a t opening of b u s i n e s s . 2 / Demand deposits s u b j e c t to reserve requirements, i . e . , gross demand deposits minus cash items reported as in process of c o l l e c t i o n and demand balances due from domestic banks. 3 / Includes some interbank and U. S. Government time d e p o s i t s ; the amounts on c a l l r e p o r t dates are shown i n the Member Bank Call Report. ) J. lb DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS - Continued (Averages of d a i l y f i g u r e s ; in thousands of d o l l a r s . Comparability of f i g u r e s i s a f f e c t e d somewhat by changes in Federal Reserve membership, absorptions, e t c . , p a r t i c u l a r l y in States designated by an a s t e r i s k . ) Time deposits Demand deposits except interbank | 2nd half l i s t half 1st half | 1st half 1st half I ~nd half June 1950 | June 1951 May 1951 I June 1950 June 19511 May 1951 Country bknks in places with population of less than IS ,000 1/ Total, a l l States 11,399,000 11,320,448 10,915,551 5,671,813 5,664,340 5,669,218 New England 221,881 216,503 336,563 327,805 334,617 216,499 Ma ine 59,056 50,671 51,200 55,169 55,071 55,144 New Hampshire* 22,570 23,972 1*9,084 48,652 23,976 49,594 Vermont 1+6,506 54,954 55,367 44,li49 49,470 55,500 Massachusetts 48,751 47,772 122,094 127,859 47,660 127,841 Rhode Island 881 1,527 1,067 1,434 1,441 993 Connecticut# 56,658 35,023 32,789 57,465 57,430 32,778 Middle Atlantic 2,200,556 2,170,068 2,363,189 2,348,985 ,193,459 2,187,705 New York 693,406 692,043695,390 790,467 783,362714,333 New Jersey 494,906 492,616 489,369 520,542 515,419 476,512 Pennsylvania 1,052,180 1,050,204 979,223 1,005,147 1,003,046 1,015,797 E. North Central 2,467,204 2,440,485 2,320,102 1,580,969 1,577,216 1,571,205 Ohio 496,608 630,534 491,902 625,698 495,722 597,473 Indiana 166,696 408,557 172,823 409,345 372,354 172,535 Illinois 911,839 898,438 392,424 388,555 927,651 393,616 Michigan 301,266 284,324 262,309 301,524 286,702 302,666 Wisconsin 222,786 210,067 215,011 189,528 212,972 215,256 W. North Central 1,786,665 509,608 498,635 ,831,689 1,814,770 499,682 Minnesota 202,263 211,877 249,845 202,067 243,168 247,750 Iowa 323,114 88,570 320,642 311,621 89,909 88,339 Missouri 65,677 64,271 303,603 284,793 299,724 65,338 North Dakota 82,213 77,706 77,026 30,861 29,383 29,493 South Dakota 119,107 27,129 119,570 27,004 117,975 27,055 Nebraska 42,804 321,052 308,943 43,617 322,989 43,711 Kansas 42,887 433,588 435,370 42,757 435,325 42,913 South Atlantic ,100,187 1,104,084 1,046,337 537,821 529,523 532,879 Delaware 16,863 17,896 11,900 18,447 11,629 11,578 Maryland 130,164 146,715 104,261 97,321 103,676 140,759 Virginia 306,930 216,670 216,047 301,342 287,389 209,947 West V i r g i n i a 171,851 168,466 166,958 73,922 74,067 73,875 North Carolina 109,906 110,516 102,460 43,637 44,359 43,374 16,205 16,136 South Carolina 68,978 69,276 70,041 16,108 Georgia 82,184 89,693 24,461 90,708 24,123 23,855 Florida 200,180 180,746 202,140 48,427 45,430 49,015 E. South Central 146,022 147,801 546,566 551,746 560.355 146.709 Kentucky 251,269 245,717 43,670 44,025 248,609 43,554 Tennessee 60,068 137,928 137,723 58,239 140,366 58,947 Alabama 126,178 116,583 35,102 35,465 128,502 35,575 Mississippi 8,606 8,628 41,923 38,991 42,878 8,633 W. South Central 1,756,684 127,688 ,738,035 123,218 .743.628 128.072 Arkansas 21,000 21,680 128,913 125,105 129,479 21,358 Louisiana 72,061 23,686 23,883 75,365 74,753 23,761 Oklahoma 302,011 328,550 32,626 30,808 301,860 32,879 Texas 1,230,968 49,696 1,237,536 1,231,746 47,447 50,074 Mountain 641,128 631,186 164,607 166,991 644,314 167.836 Montana 163,866 163,427 42,245 164,724 41,919 41,917 Idaho* 42,6o6 42,908 12,262 13,417 43,434 12,248 Wyoming 90,069 85,038 89,701 19,198 19,045 19,071 Colorado 215,266 213,981 213,693 43,752 47,342 48,136 New Mexico 10,608 72,401 10,862 75,072 75,605 10,990 Arizona 1,101 1,049 4,336 5,447 5,447 1,103 Utah 42,651 28,791 29,159 43,755 39,873 28,864 Nevada 7,875 7,498 5,516 5,332 7,955 5,507 Pacific 201,019 328,138 346,598 351.871 205,759 205.708 Washington 78,U56 38,795 38,383 77,149 77,221 37,145 Oregon 65,261 27,178 26,053 87,285 77,201 27,557 182,881 California 136,171 140,198 187.437 173,716' iz.1.006 1 / For footnote see preceding page regarding c l a s s i f i c a t i o n by population,
@FedFRASER