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BOARD OF GOVERNORS OP THE FEDERAL RESERVE SYSTEM
October
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FOR THE BIWEEKLY PERIOD ENDED SEPTEMBER 21, i960
(Averages of d a i l y f i g u r e s , ! / . j n m i l l i o n s of d o l l a r s )
Reserves
Demand
iBorrowClass of "bank
GrOSS Q.6ID3&Q. uBpOSlvS
Time
balances
With
AllowNet demand
ings a t
and
Required Excess
Interd e p o s i t s 2 / d e p o s i t s due from
F . R. a b l e in
u . S.
F. R.
F . R. D i s t r i c t
Total
Oth
cash
dcm.bks.
Banks
bank
Govt.
Banks
A l l member "banks
56.905
17,702
906
3/669
123,091
102.524
189
14,172
105.167
3/17,939
7,235
3,753
Cent.res.city bks.:
10
11
21
4,831
88
3,748
New York
24, 123
3,747
19,148
20,033
4,277
698
2
1,011
4
Chicago
1,013
6,243
222
1, 521
4,724
113
1,297
5,341
9
Reserve c i t y banks
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

48,119
2,253
1,037
3,047
5,706
3,166
3,434
4,780
2, 503
1,332
3,424
3,852
13,555

7,157
355
47
542
586
510
747
64o
707
391
888
1,003
744

1,475
65
4o
92
221
88
84
206
71
38
91
84
396

Country banks
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

44,606
3,639
7,157
2,954
3,300
2,718
3,997
7,159
2,226
1,884
3,092
3,787
2,693

1,44i
l4o
132
29
28
124
266
170
62
85
131
221
52

1,358
137
230
ill
122
79
98
228
56
56
97
67
76

c o l l e c t i o n ) of a l l member b&nks amounted
For numbered f o o t n o t e s ^ee n e x t p a g e .




39,487
1,863
951
2,413
4,899
2,568
2,603
3,935
1,725
904
2,445
2,765
12,415

39,397
1,991
894
2,511
4,910
2,607
2,677
3,948
2,018
1, o 4 l
2,680
2,943
11,178

21,989
213
64o
656
2,84l
844
933
2,564
532
266
670
1,170
10,659

2,143
26
31
109
201
152
260
191
133
37
272
438
291

7, 316
337
162
433
901
430
475
731
352
186
475
541
2,293

344
2
20
15
58
44
20
52
11
1
9
9
102

7,600
399
179
447
952
472
488
780
360
185
476
544
2,377

60
2
1
6
2
7
4
3
1
9
7
18

82
2
3
9
3
15
25
1
4
12
6
3

10, i 9 6 0
fS 1 Won A"ir
vurreiivy
and c o i n
2. 350
138
29
735
10
29
40
107
70
46
91
29
10
33
37
224

1,448
28,564
4,891
5,625
5,581
594
550
77
41,807
37,753
124
6
4l6
48
405
224
/ 36
1,455
3,H9
3,362
238
86
442
69
17
6,l4o
980
6,276
997
6,795
4l
4li
2
123
61
2,814
2,673
2,517
391
315
446
66
134
64
2
448
2,679
2,837
3,149
350
110
6
52
56
2,228
319
323
2,514
1,555
359
11
131
456
1,810
458
51
511
53
3,327
3,633
101
11
85
6,067
834
5,720
6,762
969
953
66
262
1
22
34
1,110
1,874
273
2,107
303
47
241
2
25
254
13
1,348
l , 581
1,743
239
67
338
37
2,864
436
13
2, 587
5
1,073
363
14
28
98
58
423
1,147
638
393
3,051
3,499
80
22
24
342
.3^5
2,290
1,855
2,566
239
-o t h e r t h a n i n t e r b a n k and United S t a t e s Government, l e s s cash items r e p o r t e d a s i n p r o c e s s of
$91,835 m i l l i o n .

%

DEPOSITS, BE SERVES, AND 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 except i n t e r b a n k
Time d e p o s i t s
and U. S. Government
S e p t . 8 - 2 1 , Aug. 25- S e p t . 1 - 1 5 , S e p t . 8 - 2 1 , Aug. 25-"~Tsept.l-15,
I960
I Sept.7j196o1
1999
Sept .7,1960 1959
I960
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 1f

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

27,983

26,938

28,241

18,232

18,l64

2,961
5,209
1,690
1,918
1, 560
2,585
4,674
1,039
870
1,206
2,025
2, 245

2.851
4,954
1,619
1.852
1,462
2, 520
4, 528
1,007
831
1,181
1,984
2,151

3,043
5,168
1,777
2, C62
1,709
2,730
4,136
1,078
897
1,248
2,161
2, 232

1,173
4,172
l , 320
1,456
782
1,187
4,120
563
605
495
780
1,579

1,166

4,159
1,312
1,454
781
1,181
4,107
560
604
492
777
1,571

16,1+80
1,119
3,861

1,208
1,399
792
1,094
3,216
545
591
454
702
1,499

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 City
Dallas
San F r a n c i s c o
#

13,825

13,469

14, 505

401
1,586
1,124
1,231
955
1,047
2,088
1,068
872

386
1,519
1,090
1,199
909
1,040
2,036
1,047
848
1,634
1,455
306

433
1,641
1,195
1,283
1,029

1,658

1,474
321

1,076

2,185
1,122
927
1,710
1,552
3^7

10,333
282

1,968
1,353
1,223
773
623

1,600

546
743
578
367
277

10,313
284

1,960

1,348
1, 221
774
621
1,596
5^7
7^3
576
366
278

9,880
295

1,880

1,285
1,148
779
585
1,525
519
730
532
324
278

U. S. Government d e p o s i t s i n c l u d e d , p r i o r t o December 1, 1959•

l / I n c l u d e s any banks in 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 as c o u n t r y banks; a l s o i n c l u d e s member
banks i n Hawaii.
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 with F . R. Banks 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 .
3 / Revised weekly f i g u r e s compared with t h o s e given i n p u b l i s h e d weekly s t a t e m e n t s :

S e p t . 14
S e p t . 21 .
S e p t . 282/
Oct.
52/
/ PFRASER
reliminary.
Digitized pfor


Required
reserves

Excess
reserves

Free
reserves

17,762
18,116
18,089
18,110

819
519
520
597

520
44o
295
397

J.lb
DEPOSITS, RESERVES, AND BORROWINGS Otf MEMBER BANKS — Continued
(Averages of d a i l y f i g u r e s ; i n m i l l i o n s 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 i n F e d e r a l Reserve membership, a b s o r p t i o n s ,

1•^1
1

b

Is]



i

Demand d e p o s i t s except interbank ^
Country banks i n
rn4
YYit ueposix-B
A owrtD 4 4- e
lime
p l a c e s with a
and U. S. Government
Sept.8-21,
p o p u l a t i o n of
S e p t . 1 - 1 5 , S e p t . 8 - 2 1 , Aug. 25- Sept .1-15;
l e s s than 15,00C
I960
Sept .7,1960 1959 #
I960
1959
Total
13*824.6
9,880.4
14,505.2
137469.0
10,332.6
10,313.1
Total, a l l States
lV&T.TT" 14,498.8
13,518.0
9,871.9
10,303.5
Ifcv England
294.0
400.9
386.2
281.7
283-9
433.3
Maine *
81.8
66.8
67.0
76.8
74.0
78.5
New Hampshire
34.8
72.8
76.7
78.5
35.4
35.5
Vermont *
104.0
54.0
56.7
70.2
96.2
96.3
Massachusetts
164.4
167.4
51.0
156.9
52.8
53-1
Rhode I s l a n d
Connecticut *
22.8
36.3
22.7
23.2
38.7
35-5
Middle A t l a n t i c
2,982.3
3,644.6
3,467.6
2,873.5
3,124.3
3,631.3
New York *
1,136.1
1,185.2
1,089-7
1,368.2
1,320.9
1, 368.3
New J e r s e y
882.7
777.1
749.0
872.9
819.3
793.6
Pennsylvania
1,067.1
1,034.8
1,146.5
l , 327.4
1,390.1
1,393.7
E. North C e n t r a l
3,152.6
2,682.9
3,072.2
2,676.8
2,551.0
3,283.3
Ohio
806.6
802.1
801.2
785-5
835-0
755.5
Indiana
480.5
472.2
302.2
503.8
319.9
319.4
Illinois
1,210.5
1,181,7
1,266.1
704.9
753.6
751.9
Michigan
368.8
480.3
381.9
384.6
498.1
500.7
Wisconsin
264.0
273-1
306.6
308.1
306.2
293.8
W. North C e n t r a l
2,046.2
2,011.0
1,029.8
1,000.6
2,167.1
1,030.8
Minnesota
328.0
348.7
336.5
350.2
352.7
350.7
Iowa
328.1
320.2
156.6
156.6
351.2
156.7
Missouri *
350.7
161.7
156.8
345.9
380.5
163.3
North Dakota
104.1
90.2
93-0
58.0
58.0
57-0
South Dakota
125.O
121.8
134.8
65.4
63.4
65.2
Nebraska
323.6
342.2
316.3
67.6
73-6
73-5
Kansas
488.6
489.3
164.2
501.6
150.5
163.5
South A t l a n t i c
1,507.5
1,462.7
1,603.7
1, 081.0
l , 079.I
1,068.3
Delaware
4.0
4.1
3.8
4.1
3.8
3.8
Maryland *
130.1
133-6
126.8
158.4
176.7
126.7
Virginia
410.6
416.8
391.4
4l8.6
425-2
427.2
West V i r g i n i a
192.2
202.1
187.3
120.1
130.2
129.8
North C a r o l i n a
134.8
124.3
66.1
144.5
67.1
59.4
South C a r o l i n a
98.8
91.8
109.6
32.4
32.8
33-3
Georgia
117.3
122.8
123.9
67.5
59.8
67-3
Florida
4l6.4
409-9
427.4
225.8
227.0
214.9
E. South C e n t r a l
681.2
668.3
366.8
711.3
390.1
387.2
Kentucky
247.4
252.9
266.8
108.2
100.4
107.9
Tennessee
189.4
144.4
185.7
192.5
153.6
153.2
Alabama
166.1
169.7
182.4
92.4
95-1
97-3
Mississippi
69.2
69.1
69.6
31.0
29.6
31.0
W. South C e n t r a l
2,041.9
2,014.8
608.0
2,117.5
609.1
542.2
Arkansas
66.4
157.5
153.1
155.1
76.7
76.8
Louisiana
173.9
172.3
174.3
89.9
89.8
83.7
Oklahoma
382.9
124.8
138.2
379.6
389.7
137.7
Texas
1,327.6
1,309.8
1,398.4
304.3
267.3
303.7
Mountain
746.7
728.4
388.8
362.8
776.1
387.9
Montana
187-1
201.0
110.8
182.7
110.6
101.7
Idaho
26.7
26.0
17.4
17-8
28.7
17.7
Wyoming
50.4
105.6
110.6
107.5
54.0
54.1
Colorado
108.6
281.4
268.3
278.3
113.4
113.1
New Mexico
111.8
111.8
118.5
42.3
49.2
49.3
Arizona
4.0
4.2
4.2
5.6
5-9
5.9
Utah
26.0
26.9
34.5
27.7
35.4
35.3
Nevada
2.1
2.6
2-5
3.8
3.8
3.9
Pacific
246.3
282.2
216.6
217.8
258.7
215.6
Washington
46.1
48.1
61.8
48.1
56.9
59-7
Oregon *
22.4
24.0
33.6
32.3
39-6
23.7
California *
128.8
131.5
144.7
119.8
119.4
123.7
Alaska
24.0
20.5
36.1
25.1
33-9
33.4
Virgin Islands
6.1
8.2
6.1
6.8
10.9
9-7
S. Government d e p o s i t s i n c l u d e d , p r i o r t o Deceuiber 1, 1959.
Digitized# forU.FRASER