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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

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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.

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