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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
J.l
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FOR THE BIWEEKLY PERIOD ENDED
(Averages of d a l 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
Gross demand d e p o s i t s
Class of bank
Net demand
balances
Time
With
and
Interu. s.
d e p o s i t s 2 / d e p o s i t s due from
F. R.
Total
Other
F . R. D i s t r i c t
bank
Govt.
dom.bks.
Banks
A l l member banks
121,90k
16,462
104,550
101,994
6,855
13,657
3,697
63,247
Cant. r e s . c i t y b k s . :
New York
24,029
6,411
4,384
741
18,904
117
3,404
19,716
Chicago
203
1,863
103
1,197
4,530
5,115
5,935
909

QyvJZ. AS J^V*<x^Co
MAY 17, 1961
Reserves
Currency|
e.ncl coir, j Required
total 1
3/18,291
3/2,370

3/541

Borrowings at
F. R.
Banks
118

3,574
937

- -

7,728
359
185
471
951
486
501
720
371
1%
478
551
2,474

38

48
2

1
4
2
5
2
2
r 1
5
6
9

2
14
3
6
4
2
1
10
2
3

6,052
447
1,056
438
464
346
513
1,047
285
258
375
447
377

502
21
51
31
47
36
45
82
32
24
49
68
15

30
4
4
2
2
2

47,547
2,370
1,044
3A32
5,554
3,196
3,479
4,390
2,529
1,280
3,357
3,725
13,493

6,643
351
48
514
537
440
735
559
713
323
828
Q22
673

1,478
67
30
108
228
105
78
231
63
43
74
98
353

39,426
1,951
965
2,510
4,789
2,651
2,666
3,600
1,753
915
2,454
2,705
12,467

39,385
2,093
911
2,598
4 ,8 2 9
2,652
2,718
3,624
2,057
1,014
2,660
2,917
11,310

24,598
252
693
839
3,088
958
1,051
2,444
625
312
773
1,385
12,149

1,982
20
34
107
182
147
261
168
131
36
252
366
279

7,026
340
159
421
850
4l6
458
635
344
175
448
518
2,261

740
20
26
50
105
72
49
87
29
9
34
• 38
221

Country banks
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

44,393
3,550
7,067
2,899
3,128
2,649
4,155
7,126
2,20$
1,807
3,140
3,931
2,696

1,433
144
138
30
25
114
281
143
64
71
136
243
44

1,270
108
246
110
109
75
90
199
52
49
94
65
73

41,691
3,337
6,683
2,759
2,994
2,460
3,785
6,784
2,088
1,687
2,910
3,623
2,579

37,779
3,091
6,205
2,476
2,705
2,215
3,460
6,085
1,876
1,562
2,635
3,157
2,3H

30,375 • 4,653
201
1,528
6,221
423
2,817
304
319
2,779
304
1,615
528
1,954
6,328
773
1,188
285
1,410
187
438
1,183
674
1,354
2,000
217

5,123
347
876
347
377
276
425
896
252
237
358
419
314

1,431
121
230
122
134
107
133
233
64
45
67
96
78




Excess

169
29

Reserve c i t y banks
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

For numbered f o o t n o t e s see n e x t p a g e .

June 5, 1961

,
^

1

34 5

8
2
3
--

!> 5o
J.la

DEPOSITS, RESERVES, M P BORROWINGS OF MEMBER BAMS — Continued
(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 except i n t e r b a n k
and U. S. Government
May 4-17, | Apr. 20May 5-18,
1961
IMay 3,1961
I960

Federal
Reserve
District

Time d e p o s i t s
Ray 4-17i Apr. 201961 IMay 3,1961

May 5-18,
I960

Country banks i n p l a c e s with p o p u l a t i o n of 15,000 and over 1 / 2 /
Total
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

29,803

29,934

29,006

20,895

20,807

18,617

2,998
5,565
1,686
1,918
1,612
3,006
5,055
1,081
892
1,340
2,290
2,%%

3,039
5,580
1,692
1,928
1,596
3,oii
5,084
1,100
892
1,344
2,309
2,360

2,832
5,403
1,625
1,950
1,699
3,003
4,779
1,085
863
1,290
2,187
2,290

1,244
4,754
1,407
1,578
853
1,479
4,883
644
667
583
1,013
1,790

1,242
4,727
1,403
1,570
848
1,472
4,872
641
664
580
1,011
1,779

1,151
4,360
1,225
1,476
835
1,303
4,198
579
618
503
798
1,571

Country banks i n p l a c e s w i t h pot m l a t i o n of l e s s t h a n 15,000 2 /
Total
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

11.887

11,875

11,926

9.480

9,454

8,904

339
1,118
1,073
1,076
848
779
1,729
1,007
796
1,570
1,333
219

342
1,124
1,065
1,076
848
• 778
1,733
962
800
1,570
1,336
221

337
1,162
1,104
1,103
884
759
1,744
989
794
1,500
1,329
220

284
1,467
1,409
1,201
762
476
1,445
544
742
600
340
209

284
1,468
1,403
1,197
760
474
l,44l
54l
742
595
340
210

275
1,423
1,344
1,131
757
430
1,344
494
708
517
286
195

1 / 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 ; a l s o i n c l u d e s member
banks i n Hawaii.
2 / C l a s s i f i c a t i o n b y p o p u l a t i o n i s based on t h e i960 census; comparative f i g u r e s f o r
i960, p r e v i o u s l y r e p o r t e d on t h e b a s i s of t h e 1950 census, have been r e v i s e d .
F o o t n o t e s f o r p r e c e d i n g page ( J . l ) :
~
1 / 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 b a s e d
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 a s 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 b a n k s .
3 / Revised weekly f i g u r e s compared w i t h t h o s e given i n p u b l i s h e d weekly s t a t e m e n t s :

May
May
May
May

10
IT ,
242/
312/

Cash
allowable as
reserves
2,280
2,458
2,478
2,497

p / Preliminary.




Required
reserves
18,2?6
18,307
18,351
18,251

Excess
reserves
4?8
602
567
574

Free
reserves
414
429
501
482

J -It
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS - - Continued
(Averages of d a i l y f i g u r e s ; i n m i l l i o n s 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 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 or o t h e r a r e a s d e s i g n a t e d by an a s t e r i s k . )
Country banks i n
Demand d e p o s i t s except i n t e r b a n k
Time d e p o s i t s
p l a c e s with a popand U. S. Government
u l a t i o n of l e s s
May $-16,
May 4-17, Apr. 20May 5-18, May 4 - 1 7 , I Apr. 20than 15,000^/
1961
,May 3 , 1 9 o l |
I960
1961
IMay 3>19olI
i960
Total
ll386'/0U
1 1 ,6 7 4 .9
11,926.2"
9 , % 4",547 9 9 5 1
Total, a l l States
11.8
9,1157,3
9%%1.6_
iI7B3F:l
.U.,91H77
Kev England
275-1
342.1
"TBuol
283^.
337-2
_33?0_
Maine x
— f r r 3 ' 72.b
6lTB"
52.3
53.5
New Hampshire
34.3
33.3
52.0
380U
55-1
54.8
Vermont
98.1
52.4
94.3
98.1
51.1
51.9
Massachusetts
48.7
51.4
144.9
1U2»7
136.3
51.5
Rhode I s l a n d
Connecticut*
36.2
36.0
23.4
23.4
37.4
Middle A t l a n t i c
2,446.0
3,210.2
2,541.2
2,443.0
3,090-8
3,203.2
92575™
New York -it727.2
925T6
3.5
739.0
New J e r s e y
84l„3
681.9
674.1
782.4
672.2
837.0
Pennsylvania
1,036.9
1-446.3
1,4io.o
1,440.6
1,100.5
1,029.9
2,629.4
2,500,.9
E. North C e n t r a l
2, 628,2
2,626.9
2,496.3
2,332.4
Ohio
670.3
"W77"
760.8
715.1
672.5
b70.3
Indiana
473.4
335,3
466.1
462.7
305.8
335.6
Illinois
949.0
625*9
624.9
947.6
944.9
573-5
486.6
306.9
Michigan
456.8
435.2
309.3
314.9
229.8
290.9
Wisconsin
281.2
236.1
230.7
1,019,1
W. F o r t h C e n t r a l
1,919.9
1,884.4
1,913.4
946.5
301.0
Minnesota
342.2
302.1
294.7
329.2
306.1
148,3
142.6
147.8
311.0
318.4
168.2
Missouri *
3U9 e 7
166.8
152.6
346.6
332.5
78.0
51.7
North Dakota
78.3
76.9
51-7
50.3
122.3
69.7
South Dakota
64.0
121.8
121.4
69.3
306.1
78,0
Nebraska
306.8
301.8
77-4
67.3
161.0
156.7
Kansas
424.6
460.9
140.5
159.7
1,250.8
991.1
South A t l a n t i c
1,272.8
986.0
956.6
,251.3
Delaware
470
4T5
3.8
3V6
7^6
Maryland *
151.8
94.8
120.1
119.7
139.1
95.3
Virginia
386.7
415.8
389.0
416.5
398.9
377.5
West V i r g i n i a
181.6
180.3
186.5
125.6
136.5
136.9
North C a r o l i n a
100.8
49.7
56,0
95.7
95.1
55.7
South C a r o l i n a
4o.o
100.9
98.8
4oti
37-5
95.3
Georgia •it89.8
91.2
65.8
91.4
68.5
55.7
Florida
148.0
295.8
280.6
148,5
133.4
297.7
E . South C e n t r a l
603.7
32]..4
602.1
347,3
348.2
598.4
Kentucky
228.5
23&T
90.3
"9^9
232.7
99.3
Tennessee
142.1
160.3
163.7
133-1
164.0
142.3
Alabama
84.2
150.7
148.9
77-2
82.6
151.8
Mississippi
20.8
23.0
54.2
55.5
23,1
55.2
W. South C e n t r a l
l,836.r
1,856.9
569.6
487.9
r856.6
Arkansas
70.2
156.7
61.5
152.7
82.7
159.6
Louisiana
104.4
106.6
52.0
47.7
104.2
52.2
Oklahoma
154.3
389.3
135.9
390.5
377.7
154.9
Texas
1,206.5
281.8
234.1
1,202.3
1,199.8
262.5
Mountain
658.2
348.6
676.7
677.7
392.2
394.9
Montana
108.4
118.2
180.9
182.1
178.5
118.3
Idaho
2
6
.
8
2
7
.
3
1
7
.
7
17.5
26.5
17.7
Wyoming
106.0
104.5
58.5
107.1
59.0
Colorado
242.7
224.7
113.8
244.5
115.7
New Mexico
84.0
85.8
39.6
85.5
39.8
Arizona
5
.
6
5
.
0
4.3
5.8
4.4
Utah
26.6
27.8
36.2
34.5
36.1
27.3
Nevada
2.6
2.5
3.9
3.9
3
Pacific
1
5
8
.
1
1
5
9
.
1
147.4
135.6
147
3-57'J
i_
Washington
51.7
50.3
43.4
45^3
52.1
45.4
Oregon *
23.8
19.4
27-9
21.3
19.9
19.3
California
51.2
50.2
50.6
55-6
50.9
55.5
Alaska
31.4
33.0
27.1
30.7
27.2
21.7
Virgin Islands
7.0
7.0
12.8
12,,7
9.3
- i i y




"93479,9
nj

nr.

US

8:3