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Class of bank
and
Federal Reserve District

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, SECOND HALF OF FEBRUARY 1959
(Averages of daily figures!/. In millions of dollars)
Demand
Gross demand deposits
Net demand
Time
balances due Reserves with F.R.Banks
U. S.
deposits
2/
deposits from domestic
Total |Interbank
Required Excess
Govt.

All member "banks
120,761
Central reserve city banks:
New York
24,0146
Chicago
6,258
Reserve city banks
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

47,551
2,356
1,153
3,031
5,739
2,856
3,446
5,456
2,474
1,196
3,489
3,838
12,515
42,906

12,649
4,065
1,155
6,122
319
40
441
496
381
701
506
659
289
789
863
64o
1,308
124
124
25
25
119
258
l4l

3,892 104,219

102,980

53,632

6,258

19,102
4,856

20,358
5,430

5,173
1,431

75
103

3,939
1,056

1,540 39,8
70
1,967
1,076
38
2,493
97
240
5,003
80
2,395
2,669
76
4,660
290
69
1,747
860
47
88
2,613
124
2,852
320 11,555
1,226 40,372
116
3,250
248
107

39,939
2,097
1,003
2,544
4,983
2,398
2,732
4,604
2,052
948
2,780
3,013
10,785
37,253
3,040
6,003
2,485

21,673
240
642

2,085
24
37
107
177
113
254
238
120
43
289
398
286

7,718
359
198
447
969
435
497
916
365
172
495
562
2,305
5,735
4l8

879
247

1 8 , 4 4 8 3/i8,Oii
3,923
1,049

437
16
7

March ?G, 1959
Borrowings
at Federal
Recerve
Banks
467

6

23

7.674
45
2*j6
358^
198
13
446
1
14
2,657
l4
16
955
748
2
433
13
867
494
30
3
3,025
911
56
5
488
363
1
15
/
268
170
2
2
607
489
6
49
1,125
10
553
9
10,473
2,303
2
19
Country banks
25,354
3,995
5,366 370
192
Boston
200
1,362
403
16
22
New York
a
5,540
367
982
44
26
937
Philadelphia
2,819
2,389
232
413
393
20
15
Cleveland
3,203
472
434
38
Richmond
2,779
2/#6
2^573
1^524
358
22
8
336
Atlanta
86 3,649
3,992
3,405
484
1,625
449
28
456
28
Chicago
6,337
6,023
173
4,645
5,508
910
635
838
72
29
St. Louis
2,245
47
1,042
2,139
288
1,954
267
21
7
§
Minneapolis
1,868
45
1,757
1,657
163
1,295
261
247
14
6
Kansas City
81
3,071
121
2,868
2,640
925
374
375
38
21
337
Dallas
4,012
207
3,746
1,002
600
3,322
464
48
4l6
4
San Francisco
2,324
2,220
2,044
65
39
168
1,545
311
302
1
9
NOTE: Demand deposits adjusted (demand deposits other than interbank and United States Government, less cash items reported as in process of
collection) of all member banks amounted to $92,6 9 6 million.
For numbered footnotes see next page.




'11

m

J. la
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS — Continued
(Averages of daily figures. In millions of dollars)
Federal
Reserve
District

Demand deposits except Interbank
Time deposits
2nd half
1st half
2nd half
2nd half
1st half
2nd half
Feb. 1959 IFeb. 1959 IFeb. 1958 Feb. 1959 IFeb. 1959 IFeb. 1958
Country banks in places with population of 15,000 and over l/

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

27,416

-47,74?

25,973

2,983
5,078

3,012
5,H2
1,721
1,950
1,710
2,717
4,088
1,087
r/9%
1,231

2,823
4,699
1,566
1,905
1,608
2.758
3,824
999
815
1,142
2,076
1.759

1,702

1,934
1,670
2,676
4,029
1,064
891
1,227
2,180
1,982

2,186

2,030

is,e
1,073
3,724
1,150
1,338
771
1,067
3,169

15.7^

1U.2U9

1,071
3,710
1,147
1,336
770

993
3,245
1,038
1,267
702
1,020
2,885
501
511
375
575
1,138

l,c66
3,i6o

TJll

5^

429

688

1,288

1,286

Country banks in places with population of less than 15,COO
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

14,181

E/l4,517

13,360

9,526

r/9,5ro

383
1,564
1,093
1,244
989
1,059
2,167
1,122
911
1,722
1,625
303

393
1,595
1,118
1,267
1,019
1,074
2,188
1*149

365
1,484
1,097
1,204
949
965
2,04l
1,061
840
1,549
1,518
287

289
1,816
1,239
1,122
753
558
1,476
505
710
490
310
259

289
1,812
1,235
1,119
750
556
1,474
,503

U9hh

1,776
1,676
314

492
306
255

8,657
244
1,647
1,178
1,038
696
487
1,353
451
642
431
246
242

l/ Includes any banks In outlying sections of reserve cities which have been given
premission to carry the same reserves as country banks.
Footnotes for preceding page (J.l):
l/ Averages of daily closing; figures for reserves and borrowings and of daily
opening figures for other columns, inasmuch as reserves required are based
on 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
from domestic banks.
3/ Revised weekly figures compared with those given in published weekly statements:

Feb.
Feb.
Mar.
Mar.

18
25
42/
IIP/

|>/ Preliminary




I Required I Excess I Free
I
I reserves | reserves [ reserves |
18,120
44l
-124
17,979
410
46
17,982
593
-136
17,911
510
-193

"

lb
DEPOSITS, AJSEXVtJ, ANL' BORROWIfcGS OF
BANK? -- Continued
(Averages of daily figures; in millions of dollars. Comparability of figures
ia affected somewhat by changes in Federal Reserve membership, absorptions,
etc., particularly in States or territories designated by an asterisk.)
Time deposits
Demand deposits except interbank
2nd half
2nd half j 1st half
2nd half
1st half
2nd half
Feb. 1959 (Feb. 1959 .Feb. 1958 Feb, 1959 jFeb. 1959 Feb. 1958,
Country banks in places with a population of less than 15,000
Total, incl.Alaska
8,656.6
& Virgin Islands l 4 , l 8 l . 5 D K 5 l 6 . 6
9,525.8 r/9,500.3
13,360.2
Total, all States
9,514.0179,489.1" i w r . o
14,171.3 £14,506.5
13,352X
New England
libO.TH
292.6
390.2
386.9
397.1
.2
Maine
63.9
~tB7T
"6179
71.1
^572
New Hampshire
60.6
63.9
66.2
32.6
29.3
32.5
Vermont*
101.6
70.6
62.5
101.7
59.9
57.1
Massachusetts
154.1
47.8
44.5
146.3
157.3
47.5
Rhode Island*
.6
1.7
Connecticut*
45.1
43.2
32.5
32.6
45.9
63.7
Middle Atlantic
2,917.5
3,342.£ -2.333.2
2,981.8
2^817.0
3,069.7
New York
1,144.1 '
1,652TB"
1,130.1
1,257.4
728.4
New Jersey
S18:?
688.5
701.1
747.0
785.2
1,066.2
Pennsylvania
1,294.8
1,090.7
1,085.7
1,290.6
1,238.5
3,160.4
E. North Central
2,477.1
3,021.3
2,291.0
3,195.9
2,475.4
Ohio
75575"
785.4
38578795.7
732.4
733.5
Indiana
5C8.6
484.1
503.7
282.5
297.4
296.9
Illinois
1,216.0 1,232.1
1,148.1
679.3
678.9
619.7
Michigan
370.7
428.8
467.5
360.3
370.3
467.3
Wisconsin
284.6
289.2
268.2
299.4
274.2
,299.9
W. North Central
2,214.6 ;7 2 , 2 8 7 . 1
957.6
r/955.4
2,002.7 i
853.1
Minnesota
r/34l.4
305". 9
r/3377TT
"33872
309.3
376.6 "" 386.5
150.8
150.8
136.3
343.3
Missouri
399.2
413.2
149.2
148.4
371.0
127.9
North Dakota
103.0
108.5
92.4
54.6
47.4
54.5
South Dakota
145.0
139.4
119.1
63.7
63.5
Nebraska
366.1
62.2
62.3
355.5
319.9
54.*7
Kansas
508.4
526.4
124.0
450.1
138.9
138.5
South Atlantic
1,601.1
1,567.0
1,028.8
1,479.0
1,032.2
945.7
Delaware*
7.0
7.2
15-2
774
13.0
Maryland*
183.1
173.6
179.7
152.1
153.4
153.3
Virginia
411.0
426.9
380.6
402.2
364.0
403.5
West Virginia
198.3
195.1
112.2
105.4
197.9
112.9
North Carolina
129.1
133.3
130.5
61,8
61.7
57.2
South Carolina*
88.1
28.8
97.4
94.7
31.4
31.5
Georgia
118.3
107.1
115.3
47.6
57.1
57.1
Florida
436.6
435.1
386.0
204.6
203.5
177.6
E. South Central
746.6
727.1
669.7
358.0
314.9
360.1
Kentucky
297.9
307.9
88.5
103.0
103.4
277.3
Tennessee
180.2
183.9
128.1
167.8
i4o.i
139-9
Alabama
179.2
182.9
88.6
161.9
87.6
77.0
Mississippi
69.8
28.0
62.7
71.9
21.3
27.5
W. South Central
2,184.7
2,248.8
508.1
421.0
2,031.5
507.4
Arkansas
ib0.3
133.7
" 63.0
357i
62.5
1%9.5
Louisiana
173.4
78.2
167.1
68.5
175.7
78.2
Oklahoma
384.7
111.0
342.2
114.1
395.3
96.5
Texas
1,^66.3
1,514.1
201.9
1,372.7
252.6
255.9
Mountain
76.9
344.8
803.9
302.9
715.9
344.5
Montana
20579"
221.6
87.2
873
19778
97.9
Idaho
27.9
29.2
26.2
15.4
16.9
17.2
Wyoming
114.5
117.9
40.7
105.5
47.8
47.7
Colorado
267.9
272.7
102.5
247.2
91.1
102.7
New Mexico
122.0
125.6
106.0
32.2
39.1
39.7
Arizona
5.1
5.0
4.0
4.0
3.9
3.9
Utah
27.6
23.9
26.0
29.8
33.0
33.0
Nevada
3.0
3.0
2.6
2.8
2.7
3.3
Pacific
236.2
244.2
198.1
225.3
187.3
193.'
Washington
62.6
65.6
44.8
-5BTB49.0
5673
43.8
41.8
20.8
43.9
22.1
21.7
California*
129.6
134.7
127.2
121.7
123.1
127.2
Alaska & Virgin Is
10.1
10.3
7.6
10.5
11.5
11.5




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