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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

J.L

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FCR THE BIWEEKLY PERIOD 'ENDED MARCH 8, 1961
(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 )
March 24, 1961
Demand
Reserves
Gross demand deposits
BorrowNet demand
Time balances
With
Currency
ings a t
I n t e r - U. S.
deposits 2 / deposits due frcm F. R. and coin Required Excess
F. R.
banks
Govt.
dcm.bks.
Banks
total
Banks
All member t a n k s
122,384 13.698
4.854
101.8V
102,651
60.995
16.^5
2.397 3/18.289 S H E
.6,937
Cent. r e s . c i t y b k s .
New York
24,331 4,357
911
19,062
20,049
5,689
107
3,448
178
34
Chicago
6,013
1,183
261
3>
4,570
5,191
1,780
99
917
31
946
2
Reserve c i t y banks
47,820
6,708
1,952
39,159
39,684
23,952 • 2,093
7,040
739
7.746
Boston
'
_ 2 L
2,327
84
1,909
2,040
21
273
20
327
350
New York
-3
1,058
49
963
918
663
26
159
Philadelphia
3,04l
483
128
2,430
2,526
763
409
48
£
1
455
Cleveland
5,549
540
253
4,756
4,827
2,957
84l
106
944
2
Richmond
3,227
443
149
2,635
2,694
3
947
425
70
492
Atlanta
3,460
730
115
2,615
1,011
2,738
256
459
50
502
Chicago
4,744
588
312
3,843
3,962
2,679
192
699
91
788
S t . Louis
3
2,538
717
1,724
97
2,077
590
346
29
372
2
Minneapolis
1,270
338
56
876
1,012
10
182
2
Kansas City
3,447
854
119
2,474
2,732
745
S
488
7
Dallas
3,857
977
94
2,786
2,981
412
529
38
560
6
San Francisco
660
13,303
496
12,147
11,177
292
2,212
A ®
220
2,427
5
Country "banks
44,221
1,730
4l,04l
37,727
4.6%
29,57
5.040
1.450
6,006
484
Boetcn
3,586
170
3,< 3,277
a
208
339
New York
6,974
131
g
302
6,541
6,136
858
398
236
Philadelphia
2,863
28
143
2,691
2,758
269
125
337
26
Cleveland
3,163
26
157
2,980
2,745
2,764
316
379
137
468
48
Richmond
2,589
114
102
2,373
2,165
1,582
266
299
105
339
Atlanta
4,135
285
120
3,731
3,453
1,903
415
529
138
510
Chicago
7,003
291
6,C01
6,559
868
5,963
754
1,018
L
83
S t . Louis
2,232
65
2,088
79
1,906
1,158
284
253
287
32
Minneapolis
1,860
76
71
1,712
1,597
206
1,395
241
261
Kansas City
3,180
120
135
2,925
2,661
1,148
453
354
377
43
Dallas
3,979
82
3,644
3,172
1,316
422
706
446
71
San Francisco
2,657
92
2,519
2,281
1,954
217
80
306
371
14
NOTE:
*
— u — V u S U « u u uujju0j.i,b w u e r man lnxeroamc and United S t a t e s Government, l e s s cash items reported as i n
process of c o l l e c t i o n ) of a l l member "banks amounted t o $91,035 m i l l i o n .
For numbered footnotes see next page.
Class of tank
and
F. R. D i s t r i c t




5

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DEPOSITS, .RESERVES, Aim BORROWINGS OF MEMBER BANKS - - Continued
(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 d e p o s i t s except interbank
and U. S. Government
Feb. 23I Feb. 2SMar.8,1961
1961

Feb. 23-

Time d e p o s i t s
Feb. 9-22, Feb. 25Mer.9,1960
1961

Ch

1
I
1
l

P
1

Federal
Reserve
District

Country banks in p l a c e s with population of 15,000 and ever 1 / 2 /
Total

29,088

29,468

28,668

20,190

20,094

18,193

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

2,942
5,442
1,663
1,898
1,529
2,961
4,792
1,086
892
1,328
2, 259
2,298

2,952
5,583
1,689
1,911
1,553
3,001
4,861
1,110
897
1,312
2,279
2,319

2,806
5,347
1,657
1,942
1,649
3,006
4,612
1,060
859
1,269
2,233
2,227

1,214
4,678
1,371
1,569
822
1,438
4,536
628
658
564
966
1,746

1,210
4,654
1, 363
1, 561
818
1,429
4,514
623
655
561
976
1,731

1,116
4,296
1,200
1,462
808
1,287
4,012
575
617
488
782
1,551

1
Total

v v u i i v i .y ual u n o J.11
11,953

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

335
1,099
1,029
1,082
845
770
1,767

1,002
820

1,597
1,365
221

et> wx uu pu| UUJLttV J.UU U1

12,098

11,987

9.383

9,325

8,799

34o
1,127
1,054

335
1,127

281
1,458

281
1,449

1,082

1,099
881

1,387
1,196
760
465
1,427

1,383
1,189

275
1,403
1,320
1,117

857
773
1,768
1,015
826
1,622
1,409
224

1,072
763
1,758
1,021
814
1,520
1,376
221

758
461
1,420

530
737
584
351
208

528

750
425
1,330
488

735
582
331
208

279
194

708
510

permission t o c a r r y the same r e s e r v e s as country banks; a l s o includes member
banks In B a v a i l .
2 / C l a s s i f i c a t i o n by population i s based on the i 9 6 0 census; comparative f i g u r e s f o r
i960, p r e v i o u s l y reported on the b a s i s of t h e 1950 census, have been r e v i s e d .
Footnotes f o r preceding 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 other columns, inasmuch as r e s e r v e s 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 i t s subject t o reserve requirements, i . e . , gross demand d e p o s i t s
minus cash items reported as i n process of c o l l e c t i o n and demand balances due
frcm domestic banks.
3 / Revised

weekly f i g u r e s compared with those given in published weekly statements:
Required
reserves
Mar. 1
Mar. 8 .
Mar. 152/
Mar. 222/

2 / Preliminary.




18,335
18,244
18,194
18,413

Excess
reserves
678
429
633
561

Free
reserves
628
335

584
509

j.lb
DEPOSITS, BESERVES, AND BORROWINGS OF MEMBER BANKS — Continued
(Averages of d a i l y f i g u r e s ; in millions of d o l l a r s . C o m p a r a b i l i t y 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 in States or other areas designated by an a s t e r i s k . )
' J
Vri-ho-nhfanlr
Demand deposits except interbank
Country
banks in
Time deposits
and U. S. Government
places with a popFeb. 23- IFeb. 9-22, Feb. 25;
Feb.
25Feb. 23 Feb. 9-22,
u l a t i o n of l e s s
viar
1961
lMar.9,1960
Mar.9,1960 Mar.6,196l
1961
Mar.8,1961
than 15,000 &
'S.79&~r
9,325.5
9 7 $ 3 ..3
"
11,967.1
12,097.6
11,952.6
Total
9.313.1
8,789o_
9,370.6
11,979^
12,090.6
11,9^6.2
Total, a l l States
280.7
275.1
281.4
334.5
340.2
335.1
New England
75-5
71.
™W7f
71.5
50.6
50.1
Maine *
3
8
.
0
38.1
52.6
55.5
55-2
New Hampshire
1
9
7
.
6
97.9
4
9
.
2
5
2
.
6
52.
Vermont
50.6
50.6
140.2
147.1
143.1
Massachusetts
Bhode Island
23
23.1
23.3
35-0
34.4
34.6
Connecticut *
3,039
3,165.7
2,464.9
2,434.9
!, 380.4
Middle A t l a n t i c
9
2
1
.
0
8
8
7
744.7
725.2
New York
815.9
770,
822.0
657.7
678.8
661.8
New Jersey
1,428.8
1,381
i , 431.6
1,060.3
1,011.4
Pennsylvania
993-4
2.464.6
2,310
2,476.2
2,659.0
2,669.4
2,670.0
E. "forth Central
709
753.5
757.6
669.8
""5^779
672.4
Ohio
302
329.1
330.3
459.4
468.9
468.9
Indiana
564
612.9
616.4
953.1
963.2
960.8
Illinois
450
480.2
483.3
332.8
329.0
335.7
Michigan
283
288.9
288.6
243.9
233.7
238.9
Wisconsin
939
994.5
999.2
1,923.0
1,949.9
1,975.3
W. North Central
329
340.0
293.7
305.1
305.4
Minnesota
142
145.6
145-9
318.0
317.5
314.7
Iowa
149
160.7
162.1
361.9
345.5
339.6
Missouri *
51.4
80.2
5!-5
78.6
79-8
North Dakota
12
68.7
6
9
.
I
123.1
126.1
124.3
South Dakota
66
74.4
75-1
307.8
318.8
317.4
Nebraska
137
154.7
155.5
438.3
482.5
469-9
Kansas
948
979.6
1,273.8
1,257-6
1,243.3
South A t l a n t i c
- ^ X R
3
T n r
3-8
Delaware
Tf"
149
118.7
118.9
136.4
93.4
92.9
Maryland *
4
1
8
.
0
399
419.4
375.0
391.0
386.3
Virginia
122
134.8
135.4
183.0
180.8
181.5
West Virginia
47
54.5
54.8
101.0
9
9
.
1
9
6
.
8
North Carolina
37
39.1
39.2
100.7
102.5
101.0
South Carolina
55
6
2
.
9
64.8
92.2
88.6
89.5
Georgia
141.5
142.7
2
8
3
.
6
2
9
4
.
9
293.1
Florida
344.1
613.8
616.6
613.8
E. South Central
" 9 liS
97.3
249.0
244.2
247.5
Kentucky
i4i.o
141.2
1
6
3
.
1
1
6
1
.
1
163.9
Tennessee
X
74
82.6
82.8
146.8
151.4
149.7
Alabama
20
22.7
22.8
54.9
56.6
56.0
Mississippi
479
556.3
558.2
1,888.8
1,936.6
1,907.4
W. South Central
~%9
79.3
79.2
156.1
159.6
157.3
Arkansas
50.9
51.0
103.5
104.6
106.7
Louisiana
5
1
5
1
.
6
151.5
384.5
396.8
393-7
Oklahoma
230
274.5
276.5
1,244.7
1,251.8
1,273.5
Texas
344
388.1
407.1
662.6
'"1.9
700.3
Mountain
1C6
116.8
117.1
192.3
190.1
192.6
Montana
17
17.8
17.7
27.5
27.8
28.9
Idaho
52
57.7
57-8
105.2
110.4
107.5
ttycming
92
112.0
112.9
216.8
240.6
242.4
Colorado
3
39-4
8
6
.
3
90.2
87.5
New Mexico
4.3
4.6
5.8
5-5
Arizona
P
34
36.4
36.3
27.5
27.6
27.5
Utah
3-8
,3.8
2.4
2.4
2.4
Nevada
146.2
145.2
159.0
159.7
157.4
Pacific
45.2
45.0
50.3
51-4
50.3
Washington
20
19.0
1
8
.
9
29.5
24.7
24.7
Oregon *
49
54.1
54.0
50.7
51.4
52.2
California
21
27.9
27.3
28.5
31.0
Alaska
3
u
9
12.6
12.6
7.8
6.8
b
Virgin Islands




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