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_C'.AL RE56BVE B N
AK
Class of bank
and
F.R. d i s t r i c t

BOARD OP GOVERNORS GF TIE FEDERAL RESERVE SYSTEM .
DEPOSITS, RESERVES, A D BORROWINGS OF M M E BANKS, SECOND HALF OF MAY, 1949
N
E BR
Gross demand deposits
InterOther
bank

Total

Net
demand
deposits
2/

Time
deposits
2/

June 17, 1949

Demand
Reserves with F. R., Banks
balances due
from domestic Total
Required Excess
banks

Borrowings
a t Federal
Reserve
Banks
169

76.129
9.781
76.109
29.225
All member banks
85,890
4.737
17.950
695
17.255
Central reserve c i t y banks:
17,007
3,588
1,712
19,079
20,595
42
New York
4,744
4,699
45
74
8
115
4,910
975
4,468
1,153
16
1,044
1,145
3,934
Chicago
1,579
6.822
6.658
31,874
4,460
27,845
11.582
Reserve c i t y banks
27,414
164
39
188
1,875
1,719
31
1,629
2
245
379
374
5
Boston
26
511
129
127
1
577
283
24
2
551
New York
61
—
1,786
1,872
2,099
314
250
415
411
4
Philadelphia
3,918
418
159
832
1,512
847
14
3,499
3,459
5
Cleveland
277
1,681
8
1,958
1,709
15
93
405
390
444
Richmond
1,676
112
1,964
382
1,582
401
382
19
429
4
Atlanta
868
3,868
248
387
6
2,015
24
3,481
843
3,343
Chicago
8
1,922
1,408
1,651
84
371
514
379
343
5
S t . Louis
190
1
997
189
1
183
55
753
839
244
Minneapolis
17
361
516
2,696
704
231
1,992
2,255
499
3
Kansas City
237
25
1
2,374
1,917
1,977
469
457
413
444
Dallas
7,627
1,825
1,796
5,162
29
2
6,832
243
493
7,134
San Francisco
Country banks
3,002
28,511
758
27,753
14,887
5,231
478
24,738
40
4,753
Boston
21
1,076
79
2,165
1,982
148
2,245
373
394
9
New York
78
4,108
787
3,675
842
56
4,029
3,362
249
14
16
Philadelphia
2,101
1,847
1,709
2,085
193
37
397
434
5
Cleveland
2,315
237
476
51
1
19
2,296
2,023
1,742
425
Richmond
888
89
316
1,995
1,905
1,694
229
351
35
5
Atlanta
2,367
30
1
148
2,219
2,032
274
692
383
353
Chicago
3,882
57
3,826
75
1
684
3,367
441
759
2,559
S t . Louis
200
26
258
1
1,653'
1,611
627
284
42
1,427
Minneapolis
1,369
51
158
1,318
263
230
1
1,184
752
33
Kansas City
2,170
2
55
2,115
1,841
312
298
46
313
344
Dallas
2,566
96
382
386
2,470
2,150
219
48
338
San Francisco
28
1,741
180
21
1,714
1,516
1
947
315
294
NOTE: Demand d e p o s i t s adjusted (demand deposits other than interbank and United States Government, l e s s cash items reported as in process
of c o l l e c t i o n ) of a l l member banks estimated a t 69,550 million d o l l a r s .
For numbered footnotes see next page.




1

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS - (Cont'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 )

Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas City
Dallas
San Francisco
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas City
Dallas
San Francisco
r
1/

1

I

f

Demand d e p o s i t s except interbank
Time deposits
2nd h a l f
1 s t half
2nd half
2nd half 1 s t half 2nd half
May 191*9
May 191*8
May 19h9
Country banks i n places with population of 15,000 and over 1 /
8,811*
16, 208
16,210
rl6,190
8,833
8,828
81*1
1,81*2
81*2
868
1,851
1,83k
2,210
2,211
2,211*
3,009
2,958
2,965
811*
1,202
1,210
1,221
812
815
921*
1,292
1,296
1,326
925
915
1,087
1,090
1*0 9
1,078
1*0 9
399
1,581*
1*72
1,553
U72
1*90
1,538
2, 207
2,181*
1,603
1,603
2,196
1,589
61*7
r 61*2
61*5
31*3
31*1*
338
300
583
301
583
569
295
105
105
101*
555
550
557
1,010
1,010
150
998
152
11*5
1,228
1,268
656
61*6
1,239
656
Country banks i n p l a c e s with population of l e s s than 15, 000
6,01*1*
11,515
11,703
r l l , 752
6,065
6,059
331
236
330
335
235
231
1,020
1,005
1,039
1,152
1,152
1,151
883
890
898
897
899
895
1,00k
1,036
818
1,013
817
822
818
832
81*5
1*80
1*70
1*79
665
220
671
220
679
217
1,619
1,661*
1,629
956
956
957
281*
977
r 956
281*
963
275
71*6
1*1*8
7U5
1*51
1*53
735
1,560
1,589
207
201*
1,565
207
1,1*81
1,161
1,507
69
69
66
1*86
1*95
529
292
300
292

ji

Federal
Reserve
district

f

J. la

Revised
Includes any banks i n outlying s e c t i o n s of reserve c i t i e s which have been
given permission t o carry the same reserves as country banks.

Footnotes f o r preceding page ( J . l ) :
1 / Averages of d a i l y closing 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 other columns, inasmuch as reserves required are 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 its s u b j e c t to reserve requirements, i . e . , gross demand d e p o s i t s
minus cash items r e p o r t e d as i n 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 ; t h e 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, A D BORROWINGS OF M M E BANKS - (Cont'd)
N
E BR
(Averages of daily 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 i n States designated by an a s t e r i s k . )

Demand deposits except interbank
Time deposits
2nd half
2nd half 1st half 2nd half
1st half
2nd half
May 1949
May 1949
May 1948
May 1949 May 1949 May 1948
Country banks i n places with population of l e s s than If),000
Total, a l l States U , % 367 11,703,440 r l l , 731,720 6,008,838 6,061,786 6,044,355
New England
340,661
352,932
346,856
246, BB7
2U7,U27
242,253
Maine
60,082
66,376
66, OCT
60,852
66,274
58,438
New Hampshire
28,448
67,256
67,822
27,899
27,942
70,798
Vermont
41,527
41,691
55,941
55,409
42,837
55,516
Massachusetts
114,036
115,628
115,473
54,372
52,529
52,573
Rhode Island
818
1,516
1,510
843
879
1,557
Connecticut*
64,942
66,251
58,276
43,612
43,490
#,559
Middle Atlantic
2,155,286 2,183,261
2,176, 224 2,289,851 2, 291,466 2,309,313
New York
692,410
719,507
758,563
756,330
704,390
755,896
New Jersey
504,392
524,512
493,857
523,352
499,539
523,606
Pennsylvania
959,362
989,957 1,010,349 1,011,784 1,026,238
951,357
E. North Central
2,326,501 2,336,697
2,379,845 1,663,210 1,664,894 1,653,582
Ohio
577,003
580.944
586,739
509,007
509,733 503,106
Indiana
405,156
414,187
401,656
178,721
176,717
178,518
Illinois
876,518
887,925
875,521
387,810
387,268
379,663
Michigan
290,134
290,549
299,395
360,283
360,292
364,232
Wisconsin
181,772
183.945
191,599
228,134
228,338
229,864
W. North Central
1,904,426
1,892, 272 1,922, 798
539,082
532,254
537,996
Minnesota
246,062
247,361
251,190
218,463
219,312
215,907
Iowa
311,248
316,01k
304,618
94,226
91,676
91,441
Missouri
301,918
308,003
312,297
69,700
73,226
73,077
North Dakota
88,209
86,806
87,122
30,689
29,117
30,653
South Dakota
154,509
151,251
153,894
#,296
35,38k
#,393
Nebraska
320,309
328,869
325,401
42,931
42,904
43,129
Kansas
483,770
465,419
475,223
45,882
46,047
44,879
South A t l a n t i c
1,172,268
1,153,737 1,174,989
590,712
583,880
589,878
Delaware
16,773
16,791
17,448
11,623
11,678
11,655
Maryland
144,120
147,018
146,983
119,711
119,587
123,039
Virginia
303,340
308,554
308,60k
215,874
215,597
205,314
West Virginia
188,050
189,143
185,907
82,192
83,833
83,895
North Carolina
118,581
121,322
134,365
51,041
50,740
50,048
South Carolina
80,206
78,065
83,528
18,661
18,927
18,840
Georgia
88,135
89,929
28,722
28,650
93,599
29,927
Florida
216,673
221,996
201,834
60,884
61,011
63,021
E. South Central
635,475
647,760
164,887
648,133
164,8156,083
Kentucky
278,964
284,148
282,388
47,878
47,904
45,951
Tennessee
171,766
169,969
176,398
66,860
61,290
66,949
Alabama
135,356
138,972
143,039
38,003
38,069
36,843
Mississippi
51,186
52,874
46,608
12,057
12,035
11,999
W. South Central
1,963,577 1,993,145 r2,012,042
149,332
148,486
142,764
Arkansas
166,418
170,410
r 161,763
30,588
30,663
29,346
Louisiana
82,837
84,116
28 , 248
81,935
28,095
28,236
Oklahoma
388,506
395,129
36,099
392,975
35,830
33,687
Texas
1,325,816 1,343,490
1,375,369
54,397
51,636
53,757
712,108
Mountain
728,017
183,636
713,412
184,366 182,089
Montana
162,167
165,258
159,849
41,690
41,577
40,762
Idaho
70,301
72,163
73,827
16,930
17,007
16,753
Wyoming*
93,548
94,536
21,855
87,797
22,184
21,650
Colorado
225,192
232,139
49,227
233,905
49,261
49,267
New Mexico
103,323
105,012
12,380
100,716
12,287
12,376
Arizona
4,311
4,415 •
1,235
3,984
1,227
1,158
Utah
45,471
46,6o5
34,890
34,580
45,335
35,072
Nevada
7,795
7,889
5,542
7,999
5,632
5,549
Pacific
357,750
363,841
398,244
233,161
242,137
233,485
Washington
81,895
83,560
86,632
40,507
40,573
41,0#
Oregon*
72,120
73,015
83,922
26,067
25,677
27,535
California
207,266
227,690
203,735
166,845
166,977
173,537
r Revised