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BLV.-.tf) 05' GOVERNORS OF THE FEDERAL RESERVE SYSTEM DEPOSITS, RESI3RVES, AND BORROWINGS OF MEMBER BANKS, SECOND HALF OF OCTOBER 1956 (Averages of daily figures!/ In millions of dollars) Class of bank and Federal Reserve District All member banks Central reserve city banks: New York Chicago Reserve city banks Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco Gross demand deposits Total Interbank 116,694 13T23S" 23,157 6,033 4,100 1,246 45,803 2,393 1,109 2,922 5,623 2,746 2,903 5,539 2,567 1,216 3,350 3,643 11,793 6,551 351 39 498 565 42? 605 567 763 336 831 860 709 November 2 1 , 1956 Demand balances due Reserves w i t h F. R. Banks from domestic Total Required Excess banks .555 16,962 18,499 46T Net demand deposits 2/ Time deposits 103,456 100,207 41,976 19,057 4,787 20,299 5,229 3,446 1,290 68 109 4,225 1,113 4,232 1,110 39,251 2,042 1,070 2,424 5,057 2,319 38,879 2,120 959 2,480 4,880 2,342 2,379 4,771 2,132 982 2,717 2,872 10,246 16,924 210 508 352 2,017 612 565 2,731 432 211 483 761 8,041 26 34 103 180 109 185 235 119 44 283 397 285 7,880 395 198 464 987 454 454 1,004 407 185 524 558 2,249 7.844 392 198 464 979 452 456 995 405 187 513 552 2,246 Other 2,298 4,972 1,803 880 2,519 2,783 11,084 -7 3 2 • -2 8 2 -2 10 3 3 Country banks 41,701 1,341 40,360 20,316 35,801 4,378 5,743 5.312 . 431 Boston 128 3,556 3,428 3,084 221 1,197 459 430 29 New York 6,424 135 6,289 5,697 4,315 381 949 899 50 Philadelphia 2,816 22 2,448 280 2,793 2,056 431 397 34 Cleveland 26 3,323 3,297 2,917 2,195 309 460 508 48 Richmond 2,754 134 2,620 1,256 2,299 323 373 339 Atlanta 3,799 275 3,524 3,216 1,129 444 468 442 II Chicago 6,064 107 3,786 5,231 5,957 888 675 817 71 St. Louis 2,211 65 2,146 1,873 835 297 289 267 22 Minneapolis 1,786 80 1,706 1,525 974 213 253 232 21 Kansas City 2,852 123 2,730 2,407 662 361 322 399 Dallas 3,816 209 3,606 64l 625 3,099 449 403 s San Francisco 2,301 37 2,263 2,005 1,286 316 11 Demand deposits adjusted (demand deposi other than interbank and United States Government, less cash items reported as in process of collection) of all member banks estimated at $90,010 million. For numbered footnotes see next page. J•la DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS - - Continued (Averages of d a i l y f i g u r e s . Federal Reserve District I n 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 e x c e p t i n t e r b a n k 2nd h a l f 1st half 2nd h a l f O c t . 19561 Oct. 19561 Oct. 1955 Time d e p o s i t s 2nd h a l f 1st half 2nd h a l f Oct. 19561 Oct. 19561 Oct. 1955 Country banks i n p l a c e s w i t h p o p u l a t i o n of 15,000 and over 1 / Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas C i t y Dallas San F r a n c i s c o 26,386 26,167 25,607 12,673 3,005 4,751 1,563 2,032 1,615 2,610 3,841 1,023 839 1,142 2,058 1,906 2,879 4,686 1,563 9.022 1,604 2,941 4,486 1,537 1,936 1,631 2,494 3,778 1,012 851 1,112 2,024 1,805 958 2,877 940 1,229 639 762 2,552 450 423 322 459 2,611 3,865 1.023 834 1,143 2,016 1,920 1,061 12,645 12,093 961 972 2,755 890 1,164 631 733 2,426 439 406 304 386 987 2,876 937 1,223 636 763 2,546 449 422 321 451 1,059 Country banks i n p l a c e s w i t h p o p u l a t i o n of l e s s t h a n 15,000 Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago S t . Louis Minneapolis Kansas C i t y Dallas San F r a n c i s c o 13,975 13,823 13,570 7,643 7,634 7,340 423 1,538 1,231 1,265 1,005 915 411 1,517 403 1,492 1,201 1,241 964 812 2,040 1,049 857 1,583 1,517 411 239 1,438 1,116 966 617 367 1,234 385 551 340 165 225 237 1,439 1,114 964 615 363 1,230 386 550 339 170 225 234 1,397 1,074 941 582 328 1,171 360 532 322 139 260 2,116 1,123 867 1,588 1,548 357 1,210 1,255 986 901 2,095 1,106 857 1,585 1,542 358 l / I n c l u d e s any banks i n o u t l y i n g s e c t i o n s of r e s e r v e c i t i e s which have been given p e r m i s s i o n t o c a r r y t h e same r e s e r v e s a s c o u n t r y b a n k s . F o o t n o t e s f o r p r e c e d i n g 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 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 o t h e r columns, inasmuch a s r e s e r v e s r e q u i r e d a r e 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 s u b j e c t t o r e s e r v e r e q u i r e m e n t s , i . e . , g r o s s demand d e p o s i t s minus cash items r e p o r t e d a s i n p r o c e s s of c o l l e c t i o n and demand b a l a n c e s due from domestic b a n k s . J.lb DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS^^Continued (Averages of daily figures; in thousands of dollars. Comparability of figures is affected somewhat by -changes in Federal Reserve membership, absorptions, etc., particularly in States or territory designated by an asterisk.)— z-c i — T i m e deposits Demand— d:e—p—o:s i~t rs —excep 2nd half "2nd h a l f I 1 s t h a l f Oct. 1955 Oct. 19561 Oct. 1956 nplac 276^13,570^265 Total, incI.Alaska - 13j5b7zl60 7^640.137 77530.920 7 , 3 3 7 , 1 5 1 Total, all States 248,123 2 5 3 , 4 2 4 ] 251.700 527,219 New England £T,W) T87SI5 68,197 ' 71,"530 70,675 Maine 28,806 29,217 29,213 65,980 69,232 70,949 New Hampshire 67,089 66,339 66,104 61,850 65,743 67,507 Vermont 47,216 45,307 46,964 162,834 166,600 158,356 Massachusetts * 1,758 1,780 1,771 785 933 Rhode Island 996 37,814 40,583 40,757 67,573 70,302 73,076 Conecticut 705,037 P . 7 8 8 . 7 4 3 2 . 7 8 7 . 5 2 4 . . . .. 2.975,449 2.942,564 3,021,'" Middle Atlantic 980,330981,230954,661 New York* 1,078,364 1,066,377 1 , 0 3 9 7 ^ 631,437 631,604 610,220 720,541 727,246 New Jersey 738,060 Pennsylvania * 1 , 2 0 5 , 4 6 5 1 , 1 8 1 , 8 2 6 1 , 1 8 2 , 9 0 7 1 , 1 7 6 , 9 7 6 1,174,690 1,140,156 E. North Central 3.198.591 3.171,038 3,070,331 807,857 818,053 Ohio 822,089 ^ 237,^02 250,313 251,258~ 495,188 503,142 Indiana 509,188 515,1J9 542,586 545,524 Illinois 1,221,324 l , 2 0 b , 7 0 1 1 , 1 4 5 , 1 1 1 379,574 408,709 410,085 361,550 374,314 Michigan 376,058 252,284 254,216 254,422 260,625 268,828 Wisconsin 269,932 718,709 __691^69 ..716,734 W. North Central 2.061,533 2,050,319 2,056,893 262,540 270,727 270,678 322,454 317,252 312,037 Minnesota 121,445 121,366 121,492 342,533 340,063 346,219 Iowa 101,961 114,372 111,640 379,839 377,509 354,120 Missouri 36,710 36,603 36,746 95,547 93,295 94,469 North Dakota 41,997 42,638 42,910 118,514 117,644 128,725 South Dakota 51,894 50,855 50,737 320,633 317,645 341,391 Nebraska 77,022 82,148 82,531 482,013 486,911 479,932 Kansas 753,256 800,844 805.682 1.495.576 1,467,109 1 , 3 8 6 , 7 7 3 South Atlantic 12,671 ~~ 13,063 12,683 18,399 17,604 Delaware * 17,721 135,013 142,946 177,880 142,975 185,778 Maryland 188,736 296,131 313,089 374,442 314,367 381,009 Virginia 390,734 90,293 95,922 188,244 95,732 195,730 West Virginia 200,725 50,792 52,569 144,168 52,835 142,825 North Carolina 145,341 20,022 22,024 22,264 97,380 98,958 South Carolina* 98,115 33,718 36,835 113,241 36,746 114,469 Georgia 116,309 114,224 124,788 128,080 273,019 330,736 Florida * 337,895 224,481 244,137 244.411 630,290 645,408 E. South Central 652.279 64,211 71,485 246,704 71,355 Kentucky 2557496 255750%: 94,977 102,438 164,104 102,736 171,452 171,900 Tennessee 52,400 56,883 56,896 168,899 172,546 167,495 Alabama 12,893 13,331 13,424 50,583 Mississippi 52,785 51,509 254,779 304,251 300,046 2 . 0 7 2 , 4 1 8 2 , 0 6 2 , 1 2 6 1,993,426 W. South Central " 43,068 39,970 43,403 148,515 163,165 157,643. Arkansas 41,174 52,525 52,685 124,652 153,244 151,986 Louisiana * 63,969 71,501 71,842 336,513 350,557 350,166 Oklahoma 109,666 132,116 137,157 1,405,452 1 , 4 0 2 , 3 3 1 1,383,746 Texas 255,313 251,926 253,069 761,066 744,018 735,044 Mountain 59,421 65,237 65,559 205,987 206,377 208,851 Montana 18,198 17,853 17,750 43,146 39,970 39,728 Idaho * 29,444 31,958 32,279 105,085 105,644 109,130 Wyoming 77,810 78,646 78,315 247,823 245,433 245,936 Colorado 23,368 26,837 27,113 92,541 99,108 101,516 New Mexico 1,820 3,447 3,453 6,390 4,278 4,517 Arizona 41,791 25,954 25,926 53,944 30,142 30,264 Utah * 3,461 2,343 2,325 6,150 4,092 4,076 Nevada * 192,082 172,899 172,695 298,998 276,394 275,105 Pacific 43,110 43,002 71,043 79,910 70,065 Washington * 19,349 20,331 19,241 51,702 46,704 45,966 Oregon * 110,440 126,506 110,452 167,386 158,647 159,074 California * 2.790 2,422 2 , 8 0 1 2 , 7 0 5 3,322 3,457 Alaska 7W