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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FIRST HALF OF OCTOBER 1956
(Averages of daily figuresi/ 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

Time
deposits

Demand
balances due Reserves with F. R. Banks
from domestic
Total Required
Excess
banks
6.681
18.915
18.334
581

Total

Interbank

115,539

13,325

102.214

99,149

41,#5

22,786

4,101
1,239

18,685
4,698

20,106
5,192

3,469

1,300

106

70

4,218
1,109

4,195
1,104

24
5

6,640
331
4o
476
574
443
635
584
764
353
845

38,841
1,956
1,048
2,419
5,005
2,331
2,289
4,916
1,796
861
2,465

38,570
2,044
949
2,472
4,830
2,361
2,396
4,726
2,113
985
2,691

16.907

2.007

7.859

7.788
378

507
353
2,015
612

32

197
463
974
465
471
996
403
191
517
558
2,245

_%1_
2
I

5,937
45.482
2,287
I,087
2,895
5,580
2,774
2,925
5,500
2,560
1,214
3,310
3,582
II,769

882
714

Other

Net demand
deposits 2/

November 9, 1956

2,700
11,055

2,810

10,191

208

562
2,722
431
211
482
764
8,039

28

176
114

190

231

122
42

268
406

300

380

196
463
970
456
459
987
402

188
508
544

2,236

Borrowings
at Federal
Reserve
Banks

9/
II
9
1
3
9
14
9

Country banks
35,281
41.335
1.345
481
20.278
4.497
5.729
5.248
-32a.
Boston
126
3,416
3,290
205
1,198
445
417
2,976
27
New York
60
6,203
5,612
136
889
6,339
385
4,315
949
Philadelphia
22
428
290
2,051
2,417
2,773
2,795
35
393
Cleveland
2,890
456
2,187
3,278
25
313
3,303
509
53
40Richmond
129
2,590
2,257
2,719
1>251
330
374
333
Atlanta
1,127
469
287
472
3,174
3,511
437
3,799
35
Chicago
811
6,069
890
109
712
5,187
3,776
79
5,959
St. Louis
26
1,841
308
263
2,129
836
63
2,192
289
228
22
82
Minneapolis
1,691
223
251
1,499
971
1,773
Kansas City
4l
360
121
2,849
2,728
415
659
319
2,383
Dallas
622
208
444
634
3,766
47
3,053
3,558
397
16
San Francisco
2,278
1,265
214
320
2,316
1,992
38
_3oa_
N O T E : D e m a n d deposits adjusted (demand deposits other than interbank and United States Government, less cash items reported as in process of
collection) of all member banks estimated at $88,900 million.
For numbered footnotes see next page.




DEPOSITS, RESERVES. A M ) BORROWINGS OF MEMBER B A M S —
(Averages of daily figures.

Federal
Reserve
District

Continued

In millions of dollars)

Demand deposits except interbank
1st half
1st half
2nd half
Oct. 1956 Sept. 1956 Oct. 1955

Time deposits
1st half
2nd half
1st half
Oct. 1956 Sept. 1956 Oct. 1955

Country banks in places with po;pulation of 15,000 and over l/
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

26,167

26,330

25,552

12,645

12,607

12,082

2,879
4,686
1,563
2,022
l,6o4
2,611
3,865
1,023
834
1,143
2,016
1,920

2,918
4,761
1,580
2,032
1,602
2,607
3,871
1,017
826
1,152
2,064
1,903

2,862
4,506
1,560
1,925
1,632
2,476
3,794
1,004
846
1,116
2,017
1,814

961
2,876
937
1,223
636
763
2,546
449
422
321
451
1,059

959
2,869
930
1,218
632
760
2,541
449
420
321
457
1,052

971
2,756
888
1,160
629
728
2,422
438
4o6
384
996

Country banks in places with po;Dulation of less than 15,000_
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

13,823
411
1,517
1,210
1,255
986
901
2,095
1,106
857
1,585
1,542
358

13,678
417 .
1,527
1,210
1,250
978
888
2,071
1,079
842
1,568
1,489
357

13,542

7.634

7,598

7,338

401
1,499
1,206
1,239
956
808
2,044
1,043
854
1,587
1,494
4ll

237
1,439
1,114
964
615
363
1,230
386
550
339
170
225

237
1,431
1,109
961
615
361
1,225
380
548
337
168
226

234
1,399
1,075
939
580
327
1,168
361
531
323
l4l
262

1/ Includes any banks in outlying sections of reserve cities which have been
given permission to carry the same reserves as country banks.

Footnotes for preceding page (J.l):

1/ 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.




/

J.lb,
DEPOSITS. RESERVES, AND BORROWINGS OF MEMBER B A M S -- 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.)
Time deposits
Demand deposits except interbank
1st half
2nd half
1st half
1st half
2nd half
1st half
Oct. 19561 Sept. 1956) Oct. 19551 Oct. 19561 Sept. 19561 Oct. 1955
Country banks in places with a population of less than 15,000
Total, incI.Alaska 11.822.605 13,677,593 13,542,005 7.631.710 7,597,6
7,338,355
Total, all States 11.819.281 13,674,263 13,539,375 7.630.920 7,594,800 7,335,904
New England
248,184
251.700
251,478
416.396
#2,807
425,132
65,624
Maine
69,866
68,363
71,906
68,474
71,830
New Hampshire
66,380
28,895
29,249
70,728
29,217
69,232
67,008
Vermont
66,422
65,186
62,459
66,339
65,743
Massachusetts *
47,183
159,018
45,197
163,223
45,307
158,356
Rhode Island
1,751
807
823
1,787
1,780
933
Connecticut
4o,460
66,602
70,941
37,723
40,583
70,302
Middle Atlantic
2.975,449 2,985,996 2,954,092 2,787,524 2,773,504 2,706,513
New York *
955,980
974,950
981,230
1,066,377 1,070,171 1,047,459
New Jersey
631,604
610,995
628,291
727,246
722,057
735,772
1,181,826 1,180,053 1,184,576 1,174,690 1,170,263 1,139,538
Pennsylvania *
E. North Central
3,171,038 3,147,447 3,071,494 2,098,930 2,090,243 2,007,985
625,000
Ohio
818,053
807,102 "643,106
641:175
813,955"
Indiana
503,142
248,802
250,313
235,841
496,361
494,747
1,206,701 1,188,364 1,144,433
542,586
Illinois
517,936
539,723
408,709
374,314
Michigan
406,829
362,785
378,413
377,236
268,828
254,216
Wisconsin
262,427
270,361
253,714
251,972
2,050,319 2,009,331 2,060,271
718,709
W. North Central
711,690
693,052
Minnesota
262,098
311,364
310,285
270,124
317,252
270,727
Iowa
121,366
121,282
340,063
121,156
328,275
347,154
Missouri
101,601
114,372
108,896
354,862
377,509
368,394
North Dakota
36,603
36,687
36,281
93,295
89,723
94,459
South Dakota
128,046
117.644
42,638
41,898
42,356
115,577
Nebraska
317.645
50,855
52,014
339,628
50,941
315,379
82,148
486,911
Kansas
81,810
480,619
485,837
77,598
800,844
1,467,109 1,454,865 1,382,406
South Atlantic
750,976
799,075
17,604
Delaware *
12,671
12,664
18,423
13,074
17,696
Maryland
185,778
184,871
178,838 142,946
134,592
142,373
381,009
Virginia
313,089
368,604
377,024
294,871
314,576
195,730
West Virginia
95,922
196,912
187,230
95,176
89,977
142,825
52,569
North Carolina
140,129
142,198
50,627
52,344
22,024
98,958
South Carolina *
98,101
21,567
97,918
19,992
114,469
Georgia
36,835
112,161
33,640
36,561
111,951
124,788
330,736
Florida *
114,203
123,814
277,244
327,971
645,408
244,137
E. South Central
631,941
623,565
243,296
223,799
Kentucky
247,886
251,112
64,250
254,504
71,327
71,485
Tennessee
164,421
102,286
94,512
169,550
102,438
171,900
Alabama
162,118
52,260
161,913
56,883
56,345
167,495
Mississippi
49,161
49,345
13,338
51,509
12,777
13,331
2,062,126 2,001,293 1,966,914
W. South Central
300,784
304,251
256,307
Arkansas
1447
42,895
151,789
39,275
43,068
157,643
Louisiana *
40,943
52,130
123,774
150,557
151,986
52,525
Oklahoma
71,136
346,725
63,903
335,391
350,166
71,501
Texas
112,186
134,623
1,402,331 1,352,222 1,362,855
137,157
Mountain
256,893
753,802
252,712
727,709
251.926
735,044
Montana
64,870
201,441
204,703
59,207
206,377
65,237
Idaho *
17,840
20,052
42,958
39,970
17,853
39,555
Wyoming
29,002
105,644
103,021
103,865
31,746
31,958
Colorado
78,026
78,582
245,433
247,944
245,491
78,315
New Mexico
99,108
26,837
26,570
23,073
90,787
97,043
Arizona
1,812
4,278
4,426
3,447
5,963
3,455
Utah *
30,142
27,886
25,954
41,713
32,467
51,375
Nevada *
4,092
2,325
6,207
4,265
3,452
2,319
Pacific
276,394
172,8
172,018
301,699
192,195
272,874
Washington *
71,043
43,110
45,100
70,460
80,950
42,754
Oregon *
46,704
20,418
19,349
46,256
53,646
19,267
158,647
110,440
California *
126,677
156,158
167,103
109,997
3,322
Alaska
2,790
2,630
2,451
2,809
3,330