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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER B/JKS, FOR THE BIVZEEKLY PERIOD ENDED FEBRUARY 22, 1961
(Averages of daily figuresj^. In millions of dollars)
March 10, 1961
Demand
Reserves
BorrowPuI 0 0B 0 n f YifVn
flrnco
U
i U b o UculoLLU U ^ p U b i U oc
Dan
,V;ik rn re6f
l
Net demand
Time balances
With
Currency
ings at
InterU. S.
deposits 2/ deposits due frcm
F. R. and coin Required Excess F. R.
F, R.-DiBtri it
Total
Other
banks
Govt.
dcm.bks. Banks
total
Banks
All member banks
122,450 13,907
4,208
3/683
104,336
60,^13 6,947
2.440 3/l8,261
102,707
16,505
151
Cent. res.city bks;:
New York
24,180
lo4
863
5,646
186
4,367
18,950
3,411
19,938
25
3,572
9
Chicago
6,029
4,6c8
225
1,197
946
5,196
1,771
30
54
923
95
7
Reserve city banks
1,669
2,028
88
47,734
7,062
748
60
6,853
39,212
39,661
23,576
7,723
20
Boston
2,343
2,074
269
33b
1,932
19
35b
343
7
3
4o
New York
1,079
28
47
161
187
1
650
34
993
939
484
3,048
111
1C6
Philadelphia
2
405
2,453
2,513
49
452
757
5
211
Cleveland
4,801
6
5,526
181
4,778
836
109
14
2,945
537
939
464
128
Richmond
3,271
4
165
2,679
431
72
2
499
936
2,739
Atlanta
2,646
3,512
464
11
768
98
504
250
51
2,755
995
5
Chicago
784
4,731
278
185
696
14
3,868
2,667
585
3,944
93
5
St. Louis
748
4
1,748
2,579
83
2,117
588
127
29
379
353
7
Minneapolis
1,272
348
1,014
182
2
47
877
293
175
9
37
880
Kansas City
100
10
3,500
2,519
740
475
259
499
2,799
33
9
Dallas
10
3,790
78
2,714
2,941
1,366
1
384
524
999
554
39
13,082
420
San Francisco
216
26
2,388
12,005
657
11,025
2,198
1
11,370
279

_J.l

•

n"•>

P

Country banks
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

44,506
1,489
1,451
4l,566
5.108
4,719
1,475
37,911
29,419
3,563
203
125
135
3,292
1,491
135
3,085
343
7,086
245
132
6,228
412
243
6,709
874
6,103
28
124
124
2,895
346
2,512
2,746
2,743
277
140
3,149
27
129
2,|50
3C8
2,743
2,993
377
88
2,613
114
2,4i0
107
272
1,576
2,193
303
4,170
101
421
142
296
1,890
3,465
547
3,774
7,026
881
243
6,008
154
6,629
764
234
5,935
60
2,254
69
258
67
2,125
1,920
l, 150
293
1,864
46
208
24l
78
63
1,723
1,391
1,599
3,184
111
68
138
2,662
456
360
1,143
2,935
I 4,030
271
71
3,688
740
427
98
1,306
3,192
48
80
81
I 2,672
2,543
309
2,303
209
1,939 I
NOTE: Demand deposits adjusted (demand deposits other than interbank and United States Government, less cash
process of collection) of all member banks amounted to $91,539million.
For numbered footnotes see next page.




6,020
445

563
23

28
2
3
6
2
3
1
6
2
1
2

64
31
50
37
53
1,018
98
288
37
261
26
51
377
448
77
17
373
-items reported as in
1,053

439
467
342
510

J.la

DEPOSITS, RESERVES, M P BORROWINGS OF MEMBER BANKS -- Continued
(Averages of daily figures. In millions of dollars)

Federal
Reserve
District

Demand deposits except interbank
Time deposits
and U. S. Government
Feb. 9-22, Jan. 26- Feb. 11-24, Feb. 9-22, Jan.26- Feb. 11-24,
I960
Feb.8^.961
1961
Feb.8,196l
I960
1961
Country banks in places with population of 15,000 and over 1/2/

Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
w

29,468

29,561

29,C89

20,094

19,969

18,132

2,952
5,583
1,689
1,911
1,553
3,001

3,022
5,526
1,698
1,936
1,561
2,978
4,912
1,119
900
1,314
2,269
2,327

2,866
5,495
1,639
1,961
1,653
3,054
4,674
1, C84
874
1,274
2,257
2,257

1,210
4,654
1,363
1,561
818
1,429
4,514

1,203
4,626
1,355
1,557
817
1,4o4
4,499
621

1,112
4,279
1,196
1,457

4,861

1,110
897

1,312
2,279
2,319

623
655

561
976
1,731

652

557
961
1,717

805

1,281
4,000
573
6l4
487
776
l, 552

Country banks in places with pojmlation of less than 15,000 2/

Total

12,098

12,221

12,121

9,325

9,305

8,779

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

340
1,127
1,054
1,082
857
773
1,768
1,015
826
1,622
1,409
224

349
1, l4l
1,059

336
1,148
1,087
1,099
891
756
1,770
1,041
817
1,541
1,412
223

281
1,449
1,383
1,189
758
461
1,420
528
735
582
331
208

280
1,447
1,378
1,184
754
473
1,417
525
733
579
326
208

275
1,404
1,315
1,114
744
423
1,326
48?
70 8
509

1,091
867

786
1,775
1,019
824
1,650
1,430

229

281

194

permission to carry the same reserves as country "banks; also includes member
banks in Hawaii.
2/ Classification by population is based on the i960 census; comparative figures
for i960, previously reported cn the basis of the 1950 census, have been
revised.
Footnotes for preceding page (J.l):
1/ Averages of daily closing figures for reserves and borrowings and of daily
opening figures for other columns, inasmuch as reserves required are based
cn deposits at opening of business.
2/ Demand deposits subject to reserve requirements, i.e., gross demand deposits
minus cash items reported as in process of collection and demand balances due
frcm domestic banks. 6
3/ Revised weekly figures compared with those given in published weekly statements:

Feb.
Feb.
Mar.
Mar.

15
22
12/
8E/

Digitized p/
forPreliminary.
FRASER


Required
reserves

Excess
reserves

18,201
18,319
18,336
18,223

642
723
677
515

Free
reserves
449

616

627
421

//3ZL
J .lb
DEPOSITS, RESERVES, M P BORROWINGS OF MEMBER BANKS -- Continued
(Averages of daily figures; in millions of dollars. Comparability of figures
is affected somewhat by changes in Federal Reserve membership, absorptions,
etc., -particularly in States or other areas designated by an asterisk.)
Country banks in Demand deposits except interbank
Time deposits
and U. S. Government
places with a popFeb. 9-22, Jan.* 26- Feb.11-24, Feb. 9-22, Jan. 26- Feb.11-24,
ulation of legs
Feb.8,1961
I960
1961
1961
Feb. 8,1961
I960
than 15,000 I T
9,305.0
0,770.6
Total
12,097.0 12,220.7 12,120.6 9,325.5
0,769.3
9,292.7
Total, all States 12,090.6 127213.8 12,112.9 9 , 3 1 3 . 1
274.6
§8oT
279.9
New England
340.2
358.9
ZSEl
71.4
71.4
Maine *
50.6
51.1
57.1
IfT
34.0
38.0
52.6
37.7
New Hampshire
56.5
55.5
94.0
48.6
, 97.4
97.6
Vermont
52.6
54.9
47.9
50.4
50.6
142.9
Massachusetts
147.1
151.3
Rhode Island
23.2
23.0
23.1
34.4
,35.1
Connecticut *
35.1
3,035-2
3.157.2
2, I#;9
2,499.8 3,165.7
2,458.5
Middle Atlantic
889.5
914.6
921.0
744 ;7
755-0
757.9
New York
768.6
818.9
815.9
684.5
673.6
678.8
New Jersey
1,428.8
1,377.1
1,423-7
1,068.3
1,011.4
1,019.0
Pennsylvania
2,304.7
2.457.3
2,669.4
2,677.0
2,677.7 2,464.6
E. North Central
Ohio
707.3
668.4
749.9
669.5
753.5
667-9
301.2
328.0
Indiana
466.0
329.1
463.6
468.9
611.6
Illinois
563.6
612.9
968.3
963.2
976.3
449.6
Michigan
480.2
478.8
332.1
334.5
335.7
283.0
289.0
Wisconsin
288.9
240.5
235.5
233.7
W. North Central
990.7
1,943.2
939.3
994.5
1,993.9
1,975.3
Minnesota
329.5
330.3
296.7
290.9
339-0
305.1
142.7
Iowa
144.9
145.6
317.7
315.9
317.5
148.7
Missouri *
160.7
159.6
372.0
352.5
345.5
North Dakota
51.4
50.3
80.8
81.6
51.4
79-8
64.6
68.4
South Dakota
68.7
128.1
126.1
124.5
66.1
Nebraska
74.4
309.6
318.8
73.5
325.2
Kansas
154.6
137-4
448.7
154.7
482.5
492.9
South Atlantic
939-4
973.2
1,270.1
1,257.6
1,279.5
973.9
Delaware
4.4
4.4
3.9
3.0
3.8
3.0
Maryland *
144.1
118.0
118.7
136.1
93-6
93-4
Virginia
4l6.l
418.0
380.4
399.3
391.0
397.1
122.0
West Virginia
134.2
182.8
134.8
183.0
181.5
North Carolina
54.4
47.5
101.0
103.0
101.5
54.5
South Carolina
38.8
102.8
37.7
103.1
39.1
102.5
Georgia
63.O
55.4
62.9
90.2
91.2
89.5
Florida
144.3
129.5
141.5
281.7
294.9
295.5
E. South Central
317.4
351.2
616.7
6l6.6
631.4
343.1
Kentucky
09.1
96.2
96.0
252.1
254.5
247-5
Tennessee
140.6
131.8
l4l.O
160.0
162.4
161.1
Alabama
82.6
75.8
160.8
147.0
91.7
151.4
Mississippi
20.7
22.7
22.7
56.1
56.6
55.2
480.6
W. South Central
550.2
1,962.2
1,930.2
1,936.6
556.3
60.4
Arkansas
78.8
158.1
160.9
159.6
79-3
Louisiana
47.0
51.0
108.0
106.7
50.9
107.7
Oklahoma
134.1
150.4
151.6
400.2
382.2
396.8
Texas
231.1
270.0
1,281.9
274.5
1,293.4
1,273.5
Mountain
343.6
387.1
668.5
388.1
708.5
700.3
Montana
106.7
116.4
116.0
196.3
192.6
195.9
Idaho
17.4
17-6
17.7
28.9
29.1
27.9
Wyoming
52.4
110.4
108.3
57.4
112.5
57.7
Colorado
92.0
112.0
111.9
218.1
242.4
243.5
New Mexico
33.0
83.4
39-4
39-4
90.2
91.2
Arizona
4.3
4.3
4.7
3.9
5.8
5.8
Utah
34.4
36.4
28.1
27.4
36.3
27.6
Nevada
3-8
2.4
2.4
2.4
3.8
3.8
Pacific
146.2
161.0
134.5
145-9
163.3
159.7
Washington
45.2
45.2
43.7
50.6
51.6
51.4
Oregon *
20.1
19.1
19.0
29.6
24.7
25.1
California
50.1
54.1
52.2
52.2
53-9
52.7
Alaska
20.6
28.6
27.9
27.7
31.4
33.9
Virgin Islands
12.6
12.5
9.2
7.0
6.9
7.7