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Jil ™ , — , „ A w j m s g s s t l \0^ 9,196o March 25, i960 (Averages of d a i l y f i g u r e s i / . In m i l l i o n s of dollars') Demand Gross demand d e p o s i t s Reserves BorrowNet demand Time balances With Allowings a t Currency InterU. S. d e p o s i t s 2 / d e p o s i t s due from F . R. able i n and coin Total Other Required Excess F . R. bank Govt. total dom.bks. Banks cash Banks 118,334 100,893 53,580 6,130 ~17,76g" "255" "3/ 17,620 3 / 402 2,157 23,096 3,867 660 ^8,568 4,211 19,607 71 3,741 16 3,740 134 5,7*32 1,061 196 4,524 1,440 5,019 2 95 974 64 975 27 Reserve c i t y banks 46,114 5,951 1,505 38,657 38,525 20,937 2,042 7,355 78 7,4o4 663 396 Boston *~ 2,271" 3 1,894 2,021 197 20 New York 2 343 17 1,114 1,031 980 610 35 7 192 Philadelphia 4 25 2,975 429 2,455 2,508 530 105 2 439 Cleveland 44o 15 37 486 5,575 214 4,875 4,854 2,743 187 921 21 Richmond 4 21 933 102 2,817 361 90 2,366 2,394 743 114 420 13 Atlanta 432 1 23 59 3,286 689 78 2,520 2,575 825 28l 462 6 Chicago 466 2 42 65 4,816 521 268 4,027 4,042 2,566 190 781 17 S t . Louis 795 3 91 2,377 629 1,956 499 2 Minneapolis 348 1 25 1,159 290 4i 917 % & Kansas C i t y 164 4 l 1 9 86 750 6§ 2,420 2,610 465 1 Dallas 462 4 72 31 851 2,740 77 2,817 1,084 396 522 2 San F r a n c i s c o 4 519 52 35 12,800 591 384 11,824 10,852 10,251 292 2,300 8 2,303 46 188 5 Country banks 1,287 1,401 - 43,343 40,655 37,742 26,991 3,922 5,696 176 5,501 218 371 Boston 1,333 134" 394 New York 11 396 112 !;?§ 230 5:699 341 975 38 210 959 Philadelphia 2,863 23 ill 2,729 2,538 2,519 227 4oo 27 22 405 113 Cleveland 3,200 25 135 3,o4o 2,815 2,578 • 287 454 27 439 43 129 Richmond 2,735 107 2,531 97 2,342 1,558 266 342 20 27 102 Atlanta 263 103 M35 3,769 1,712 3,513 472 16 493 $ 2 127 37 Chicago 6,7^1 133 238 6,370 5,876 5,342 64l 951 30 68 216 29 S t . Louis 2,194 2,081 56 1,923 1,063 233 4 22 2 0 6l 13 Minneapolis 1,796 66 1,673 1,572 1,324 173 3 18 239 12 42 Kansas C i t y 2,990 2,789 2,567 998 364 2 332 60 Dallas 3,89k 79 3,609 3,251 l,06l ?450 558 6 4ll 45 San Francisco 2,570 46 76 2,448 2,251 1,745 177 337 5 335 69 7 Demand d e p o s i t s a d j u s t e d (demand d e p o s i t s o t h e r than interbank and United S t a t e s Government, l e s s cash items r e p o r t e d as i n process of c o l l e c t i o n ) of a l l member banks amounted t o $91,093 m i l l i o n . For numbered f o o t n o t e s see next page. Class of bank and F . R. D i s t r i c t A l l member banks Cent.res.city bks.: New York Chicago ~W lt g' $t If '•8 I'M ill £1 a II $ 1 11 3 . J.la DEPOSITS, RESERVESt AND BORROWINGS OF MEiHBER M K S - - 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 deposits except interbank Federal Time deposits and U. S. Government Reserve Feb. 25- Feb.11-24, Mar. 1-15, Feb. 25- Feb.11-24, Mar. 1-15, District I960 Mar.9,1960 1959 I960 1959# Mar.9,1960 Country banks in places with population of 15,000 and over l / Total 27,072 27,460 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas City Dallas San Francisco 2,790 4,985 1,660 1,854 1,567 2,-677 4,358 992 819 1,170 2,052 2,147 2,851 5,115 1,643 1,873 1,563 2,721 4,420 1,015 833 1,173 2,076 2,176 27,112 17,071 17,016 15,904 2,932 4,966 1,682 1,928 1,642 2,684 3,973 1,059 873 1,220 2,158 1,993 1,112 3,865 1,110 3,851 1,212 i,4oi 765 1,108 3,802 536 588 451 713 1,479 1,077 3,759 1,165 1,342 770 1,073 3,183 537 573 433 695 1,296 1,216 1,405 773 l,lll 3,8ll 537 590 452 720 1,479 Country banks i n places with population of l e s s than 15,000 Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas City Dallas San Francisco # 13,584 13,750 14,149 351 1,490 1,069 1,186 964 1,092 2,012 1,089 854 1,619 1,557 301 351 1,528 1,083 1,187 981 1,089 2,024 1,110 858 1,642 1,593 303 381 1,517 1,089 1,258 996 1,071 2,164 1,124 911 1,718 1,618 303 9,920 9,895 9,529 279 1,834 1,303 1,173 786 601 1,530 526 734 546 341 266 276 1,832 1,299 1,170 783 596 1,525 524 734 545 344 267 290 1,810 1,235 1,126 752 557 1,479 507 710 497 313 254 U . S . Government d e p o s i t s included, p r i o r t o December 1, 1959• l / Includes any banks in o u t l y i n g s e c t i o n s of reserve c i t i e s which have been given 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 Hawaii. Footnotes f o r preceding page ( J . l ) : l / Averages of d a i l y c l o s i n g f i g u r e s f o r reserves with F . R. Banks and borrowings and of d a i l y 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 b u s i n e s s . 2/ Demand deposits s u b j e c t to reserve requirements, i . e . , gross demand deposits minus cash items r e p o r t e d as in process of c o l l e c t i o n and demand balances due from domestic banks. 3/ Revised weekly f i g u r e s compared with those given i n published weekly statements: Mar. 2 Mar. 9 , Mar. 162/ Mar. 23$/ _p/ Preliminary Required reserves Excess reserves Free reserves 17,664 17,576 17,601 17,730 44l 365 508 439 -352 -230 -218 -148 J.Ib DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BAMS — 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 . Comparability 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 S t a t e s or other areas designated by an a s t e r i s k . ) Country banks in Demand deposits except interbank Time deposits places with a and U. S. Government population of Feb. 25- IFeb.11-24,IMar. 1-15, Feb. 25- IFeb.11-24,IMar. 1-15, I960 1959 l e s s than 15,000 Mar.9,I960I I960 1959 # Mar.9>I9601 9,919.8 9,094.5 9,529.3 Total 13,583.9 13,750.1 1 U W . 8 9,910.3 9,885.2 9,521: Total, a l l S t a t e s 14,141.7 13,742.2 13,576.0 293. 275.7 270.5 New England 351-0 385.4 350.9 78.8 78.2 75-9 Maine* 64.7 5078 61.4 32.4 34.0 64.1 34.2 New Hampshire 63.1 62.9 102.0 94.0 48.6 Vermont* 60.7 94.0 49.2 48.6 47-9 48.8 Massachusetts* 151.1 145.3 142.5 Rhode Island 32.7 23.2 44.8 23.3 Connecticut* 35.0 35 . 1 3,334.0 3,447.5 3,439.9 2,867.6 2,819.3 Middle A t l a n t i c 2,871 .4 1,261.9 1,268.9 1,267.3 1,07b.8 New York 1,103. 7 1,090.3 780.9 823.2 821.7 702.1 New Jersey 713.1 719. 9 1.291.2 1,064.2 1,350.9 1,040.4 Pennsylvania 1,355-4 1,047. 8 2.483.3 2,564.5 3,169.4 E. North Central 3,016 4 2,573.3 2,996.2 734.9 -7E51T Ohio 770.9 797.9 757 298.3 305.2 306.0 501.0 Indiana 473 682.0 721.0 719.4 1,212.4 Illinois 1,137.7 1,155 469.0 473.6 470.0 360.5 366.8 Michigan 361 299.1 301.8 301.0 Wisconsin 268 291.3 271.9 960.3 2,208.f 1,003.8 1,003." 2,068 W. North Central 2,047.4 347.8 337.' 336.2 Minnesota 347.9 319.9 151-3 154.7 Iowa 154.2 376.1 336 339.0 149-9 155.2 155.8 Missouri 376.2 386 396.7 55.0 57.7 103.1 North Dakota 93.3 95 64.7 63.9 123.2 124 South Dakota 138.3 62.8 10.1 70.0 Nebraska 326.7 328 354.5 139.8 153.8 153.4 Kansas 469.1 503.9 479 1,029.5 ,082.0 1,075.7 1,580.3 South A t l a n t i c 1,572 1,556.4 ™7vT 3.9 Delaware* 7-0 3.9 3.8 3 154.0 157.5 157-2 162.8 166 Maryland 179.6 419-7 405.3 419-0 401.7 410.7 Virginia 409 124.1 113.5 122.3 187.8 196.0 West Virginia 187 60.8 58.3 60.4 130.2 North Carolina 140 135.8 31.7 32.3 South Carolina 32.3 99.5 91.4 93 57.2 116.6 59.7 Georgia 114 59.8 116.3 202.1 220.5 224.3 440.7 Florida 456 456.8 361.3 376.4 375.5 705.7 E. South Central 734.8 711 104.1 1C4.3 103.9 57^15" Kentucky 29879 275" 140.6 148.8 148.9 188.5 Tennessee 185.4 185 88.4 92.2 93.3 Alabama 174 179.8 171.1 28.2 30.3 30.2 Mississippi 70.7 73 73.3 572.2 2,160, 2,182.3 57Q.9 W. South Central 2,119.4 72.O 71.4 165.0 1 1S3T Arkansas 78.6 83.7 85.0 177.6 182. 2 Louisiana 173.6 130.1 113.9 130.1 372.4 2 385.3 Oklahoma 372. 259.9 285.1 285.7 l,4o4.4 1,460.3 1,438. 7 Texas 346.5 369.9 372.0 772.8 Mountain 741.3 749' I06T7 106.8 205.8 Montana 19^ 192.4 16.6 17.4 26.9 Idaho 27 17. Ji 27.5 48.1 52.4 52.4 113.0 108 105.2 Wyoming 108.4 103-5 107.8 264.0 269.9 266' Colorado 40 . 0 44.7 43.5 121.5 117.7 u New Mexico 4.0 4.0 3.9 5.0 4.6 Arizona 34.4 34.4 27.6 Utah 2727.5 3.8 2. 3.1 Nevada 3.9 2.4 197.8 207.1 206.8 240.3 Pacific 241. 239.3 ~48.8 47.6 47.6 63.9 Washington* 5b.0 3 ^ 21.3 24.0 23.2 41.7 Oregon* 36, 36.1 123.7 114.9 114.8 131.6 120, California* 118.7 4.0 20.6 3.1 Alaska* 21.2 28.5 7.1 9.2 7.1 9.3 Virgin Islands 7.8 U. S. Government deposits included, p r i o r t o December 1, 1959. ' Sti U:l "W™ i: