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J.l
Class of bank
and
F,R. d i s t r i c t

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FIRST HALF OF MAY, 1949
June 2, 1949
(Averages of daily figures 1/. In millions of dollars)
Net
Reserves with F. R. Banks
Gross demand deposits
Time
demand
balances due
Interdeposits
from domestic Total Required
Other deposits
Total
bank
1/
banks
2/
86,286
10.118
76.168 76.215
18.356 17.691
865
29,196
4,901

All member banks
Central reserve city banks:
1,681
16,998 19,127
20,690
3,692
40
New York
1,042
3,878
1,002
119
4,881
4,447
Chicago
11,574
1,597
4,640
27,378 27,903
32,019
Reserve city banks
188
1,727
1,880
258
1,623
30
Boston
283
516
27
556
583
24
New York
1,891
252
1,79>
62
2,118
324
Philadelphia
1,511
3,448
3,460
157
3,885
425
Cleveland
288
1,689 - 1,725
92
1,977
440
Richmond
1,694
426
118
1,583
1,992
409
Atlanta
2,014
3,332
252
398
3,472
3,870
Chicago
88
1,645
1,385
342
1,922
537
St. Louis
183
834
745
Minneapolis
990
245
54
361
2,251
766
2,711
1,946
Kansas City
243
1,896
1,973
411
229
2,357
461
Dallas
6,867
5,162
7,231
247
503
7,734
San Francisco
14,898
28,697
784
27,913 24,738
3,146
Country banks
2,260
82
2,178
1,984
1,078
157
Boston
4,081
84
3,997
3,612
3,362
276
New York
2,115
16
2,099
1,850
1,712
203
Philadelphia
2,327
18
2,309
2,028
1,743
244
Cleveland
2,015
93
1,923
1,706
889
234
Richmond
2,415
153
2,262
2,050
692
299
Atlanta
3,884
59
3,825
3,355
2,560
451
Chicago
1,667
45
1,622
1,431
628
209
St. Louis
1,380
52
1,328
1,190
753
160
Minneapolis
2,203
57
2,146
1,851
313
333
Kansas City
2,589
98
2,491
2,162
220
389
Dallas
San Francisco
1,762
28
1,734
1,518
948
191
N$TE: Demand deposits adjusted (demand deposits other than interbank and United States Government, less
'
of collection) of a l l member banks estimated at 69,450 million dollars.
For numbered footnotes see next page.




4,855
1,166

fc£?
6,945
6,760
381
389
131
130
420
424
855
841
417
398
416
391
874
852
386
374
190
194
533
504
480
449
1,829
1,845
5,390
4,754
400
373
777
854
397
447
426
492
318
365
401
356
770
682
293
259
269
231
370
299
398
340
331
294
cash items reported

185
8
1
4
14
19
26
22
11
4
29
31
16
636
27
77
49
65
47
45
88
35
38
71
58
37
as in process

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS - (Cont'd)
'
(Averages of daily f i g u r e s . In millions of dollars)
Federal
Reserve
district
Total
Boston
New York
Philadelphia 2/
Cleveland
™~
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas City
Dallas
San Francisco

Time deposits
Demand deposits except interbank
1st half
1st half 2nd half
1st half
2nd half
1st half
Apr. 19U9 May 19U8 May 19k9 Apr. 19k9 May 19k8
May I9k9
Country banks in places with population of 15,000 and over 1/
8,777
8,833
8,833
16,288
r 16,133
16,210
870
8k 2
8k3
1,853
1,812
1,858
2,21k
2,210
2,209
2,958
2,915
2,965
815
768
81k
1,210
1,13k
1,213
925
91k
9 27
1,296
1,30k
1,329
k09
k08
1,090
397
1,087
1,100
k72
k91
k72
1,58k
1,601
1,563
1,603
1,588
1,603
2,186
2,200
2,196
3kk
r 626
338
3k 3
616
6kl
301
296
301
583
570
583
10k
105
105
558
519
557
152
lk5
1,010
152
1,021
998
656
650
1,292
1,239
l,2hk
657
Country banks in places i with population of l e s s than 15;,ooo
6,065
6,Ok8
6,063
11,703
11,68k
rll,877
231
236
231
33k
333
335
1,152
1,016
1,152
1,15k
1,039
1,02k
897
900
8 90
896
890
90k
818
1,013
819
823
1,012
1,0U1
k80
k80
k70
832
830
857
220
221
217
682
679
679
956
1,629
1,678
958
958
1,625
28k
285
r
98k
275
977
975
k53
k5k
kk9
752
715
7k5
207
208
20k,
1,589
1,581
1,587
69
68
1,161
65
1,186
1,51k
292
301
195
293
k9k
537

Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
S t . Louis
Minneapolis
Kansas City
Dallas
San Francisco
r
Revised
l / Includes any banks in outlying sections of reserve c i t i e s which have been
given permission t o carry the same reserves as country banks.
£ / Data f o r t h i s d i s t r i c t are not e n t i r e l y comparable with year ago f i g u r e s due t o
a change in the reserve c l a s s i f i c a t i o n of individual banks.
Footnotes f o r preceding page ( J . l ) :
l / Averages of d a i l y closing f i g u r e s f o r reserves and borrowings and of daily
opening f i g u r e s f o r other columns, inasmuch as reserves required are^based
on deposits a t opening of business.
2/ Demand deposits subject t o reserve requirements, i . e . , gross demand deposits
minus cash items reported 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 deposits; the amounts on c a l l
report dates are shown in the Member Bank Call Report.




J . lb

276
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS - (Cont'd)
(Averages of daily figures; in thousands of dollars. Comparability of figures i s affected somewhat by changes in Federal Reserve membership ,
absorptions, e t c . , particularly in States designated by an asterisk.)

Demand deposits except interbank
Time deposits
1st half
2nd half
1st half
1st half |2nd half 1st half
May 1949 Apr. 1949 May 1948
May 1919 IApr. 1949 May 1918
Country banks in places with population of less than 15,000
Total, a l l States 11,703,440 11,684,164 rll,877,139 16,06a, 786 6,063,092 6,047,524
New England
352,932
351,658
350,548
247,427
242,554 242,385
Maine
#,852
60,909
66,274
59,599
66,494
66,429
New Hampshire
67,822
67,906
71,210
27,942
27,935
28,495
Vermont
41,691
41,557
43,216
55,516
55,535
55,950
Massachusetts
115,473
116,970
116,289
52,573
52,535
54,403
Rhode Island
.
813
985
1,510
957
1,515
1,558
Connecticut*
66,251
63,331
43,612
59,277
38,540
35,550
Middle Atlantic
2,183,261 2,168,501 2,195,477 2,291,466 2,290,920 2,309,337
" Hew York
719,507
707,177
702,288
756,330
756,687 758,485
*tfow Jersey
504,392
500,418
496,695
523,352
522,721 524,903
Pennsylvania
959,362
960,906
996,494 1,011,784 1,011,512 1,025,949
E. North Central
2,336,697 2,323,236 2.387.9# 1,664,894 1,667,070 1,654,809
Ohio
580.944
578,903
588,339
^09,733
510,140 503,285
Indiana
405,156
399,291
418,051
178,721
178,973 176,861
Illinois
876,518
872,735
891,036
387,810
388,673
379,911
U<:higan
286,683
290,134
298,282
360,292
360,491 364,677
Wisconsin
183.945
185,624
192,227
228,338
228,793
230,075
W. North Central
1,922,798 1,927,063 1,928,267
539,082
540,067 532,239
Minnesota
247,361
246,878
250,561
219,312
219,822 216,220
311,248
315,529
324,283
91,676
91,850
94,459
Missouri
312,297
311,995
305,752
73,226
73,378
68,756
North Dakota
88,209
89,553
88,342
30,689
30,795
29,258
South Dakota
154,509
154,002
156,456
35,393
35,400
35,273
Nebraska
325,404
325,806
333,836
42,904
42,989
43,363
Kansas
483,770
483,300
469,037
#,882
45,833
44,910
South Atlantic
1,174,989 1.174.054 1,187,779
590,712
591,152 584,050
Delaware
16,791
16,638
17,403
11,655
11,675
11,715
Maryland
147,048
145,940
149,208
119,587
119,732 123,137
Virginia
308,554
306,239
312,642
215,874
215,690 205,472
West Virginia
189,143
188,114
186,894
83,895
84,003
82,273
North Carolina
121,322
123,100
136,303
51,041
51,128
50,276
South Carolina
80,206
80,930
#
,
5
7
6
18,927
18,931
18,695
Georgia
89,929
90,806
#,588
28,722
28,791
29,957
Florida
221,996
222,287
204,165
61,011
61,202
62,525
E. South Central
647,760
652,285
664,806
164,868
164,992 156,842
Kentucky
284,148
285,175
286,733
47,904
48,038
46,069
Tennessee
171,766
173,379
180,995
66,860
66,722
62,681
Alabama
138,972
140,270
146,465
38,069
38,167
36,918
Mississippi
52,874
53,461
50,613
12,035
12,065
11,174
W. South Central
1,993,145 1,998,409 r2,035,402
148,486
147,984 142,551
Arkansas
170,410
170,069
rl76,906
30,663
30,711
29,358
Louisiana
84,116
83,969
82,225
28,236
28,102
28,112
Oklahoma
395,129
395,675
396,685
#,830
35,800
33,595
Texas
1,343,490 1,348,696 1,379,586
53,757
53,371
51,486
Mountain
728,017
727,551
184,366
723,508
184,623 182,680
Montana
165,258
165,854
162,321
41,690
41,716
40,874
Idaho
72,163
73,398
76,022
17,007
17,090
16,845
Wyoming*
94,536
93,775
88,178
22,184
22,231
21,630
Colorado
232,139
230,570
236,410
49,261
49,171
49,331
New Mexico
105,012
104,979
102,548
12,376
12,571
12,361
Arizona
4,415
4,380
4,071
1,227
1,233
1,172
Utah
46,605
46,711
45,830
35,072
#,089
34,793
Nevada
7,889
7,884
8,128
5,549
5,522
5,674
Pacific
363,841
361,407
403,417
233,485
233,730 242,631
Washington
83,560
83,445
87,967
40,573
40,652
41,205
Oregon*
73,015
72,761
85,585
26,067
26,135
27,657
California
207,266
205,201
229,865
" 166,845
166,943 173,769
' iyforRevised
Digitized
FRASER