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BOARD OF GOVERNORS OF THE FEUhmib
J..,,
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, SECOKu
OF SEPTEMBER., I951
(Averages of daily figures l/. In millions of dollars)
f
Class of bank
and
Federal Reserve District

Gross demand deposits
Interbank

Net
demand
deposits
2/

Time
deposits
3/

October 19, 1951

, Demand
Reserves with F. R. Banks|Borrowings
(balances due
at Ful-iral
| from domestic,
Reserve
Total
Required
I
banks
I Banks

All member banks
101,774
11,940
89,835
30,402
6,054
19,541
18,640
701
234
Central reserve city banks:
New York
22,671
3,884
20,787
18,787
1,923
41
5,104
5,127
23
43
Chicago
1,178
5,876
4,698
5,266
1,109
121
1,321
1,330
- 9
1
Reserve city banks
39,052
5,827
33,225
_12,C^9 _
1,894
_33Ay5_.
7,416
7,551
135
156
Boston
285
2,091
1,805
1,9^2
25
400
7
393
1
New York
926
814
29
897
291
38
180
183
3
2
Philadelphia
424
2,449
2,025
2,131
234
110
441
440
1
7
Cleveland
4,988
4,460
528
4,391
171
1,559
987
972
15
5
Richmond
2,4l6
2,019
2,072
398
449
119
441
456
14
2
c
Atlanta
l '0
2,371
492
1,879
1,993
433
443
425
18
3
Chicago
4,831
4,146
2,046
522
4,309
969
952
17
16
St. Louis
600
2,269
1,669
1,908
340
404
94
402
2
13
Minneapolis
4<s
1,098
805
894
292
165
190
189
1
9
Kansas City
404
2,721
2,455
3,359
903
295
591
568
23
18
Dallas
688
2,266
2,954
2,376
370
332
522
497
25
1
San Francisco
8,108
9,300
665
8,636
5,576
258
1,965
1,956
9
80
Country banks
34,176
29,071
,051
33,124
15;3'7
3,097
5,541
4,989
Boston
2,904
2,806
2,538
1,057
197
452
419
33
6
New York
102
5,055
4,473
4,953
3,393
340
912
830
%
'
10
Philadelphia
2,180
2,496
2,515
l,74l
250
452
410
43
4
Cleveland
26
2,754
2,728
2,385
1,745
295
4#
4#
59 '
g
Richmond
2,221
2,355
133
1,937
918
#7
369
326
43 /
3
Atlanta
191
2,731
2,541
2,303
700
'
340
395
364
31 '
g
Chicago
4,856
4,151
4,764
92
2,739
592
8#
746
86 ,
2
St. Louis
1,854
1,565
1,799
643
254
2%
258
26
2
55
Minneapolis
1,522
1,449
1,277
73
731
203
249
223
26
'
1
4
Kansas City
2,369
65
2,305
1,959
354
385
335
295
39
2
Dallas
3,260
164
2,606
3,096
#5
598
442
383
59
San Francisco
1,6
34
1,999
1,965
991
234
I
3%2
,297
25
1
tfOTE: Demand deposits adjusted (demand deposits other than interbank and UnitedStates Government, less cash items reported as in process of
collection) of all member banks estimated at 79,050 million dollars.
For numbered footnotes see next nv.ae.




c

J J.a

DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS - Continued
(Averages of daily figures. In millions of dollars)

Federal
Reserve
District

Time deposits
Demand deposits except interbank
2nd half
1st half
2nd half
2nd half
1st half
2nd half
Sept. 1951 Sept. 1951 Sept. 1950 Sept. 1951 Sept. 1951 Sept. 1950
Country banks in places with population of 15,000 aQd over l/ 2/

Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco
1/

21,207

20,995

2,452
3,769
1,456
1,621
1,384
1,940
3,004
871

2,395
3,686
1,439
1,616
1,374
1,942
2,992

708

811
1,717
1,474

868

700
814
1,701
1,468

19,633
2,278
3,504
1,433
1,510
1,271
1,793
2,709
819

688

9,497
845
2,299
823
937
468
504
1,820
371
320
145
239
726

9,495
845
2,295
832
934
466
505
1,816
377
319
• 145
236
724

9,293
855
2,323
831
927
453
496
1,709
373
323
129
185
690

5,820
212
1,094
918
808
450
197
919
271
411
208
66
265

5,8

5,644
211
1,065

779
1,469
1,379
Country banks in places with population of less than 15,000 2/
11,918 ^

11,874

355

354
1,169
1,040
1,103
828
601
1,756
931
739
1,488
1,381
485

1,185
1,040
1,107

838

600
1,760
928
741
1,493
1,379
491

11,132
331
1,067
958
1,038
796
544
1,618

868

700
1,440
1,317
456

211
1,090
916

808
450

195
917
273
412
206
66
264

905

784
439
184
880
265
411
189
64
247

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

2/ Classification by population is based on the 1950 census; comparative figures for
I95O, previously reported on the basis of the 1940 census, have been revised.
Footnotes for preceding page (J.l):
l/ 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.
3/

Includes some interbank and U. S. Government time deposits; the amounts on call
report dates are shown in the Member Bank Call Report.




¥ 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 designated by an asterisk.)
Demand deposits except interbank
Time deposits
I 2nd h
Sept. 19511 Sept. 1951
19501 Sept. 19511 Sept. 19511 Sept. 1950
iCountry banks in places with population of less than 15,000 l/
Total, all States ill,917,649 11,873,926 11,132,287 5,820,056 5,807,608 5,643,788
New England
373,567
222,017
371,903
223,558
222,936
351,964
Maine
58,782
i
56,987
57,248
55,752
55,924
55,955
New Hampshire
54,654
54,784
24,832
24,892
24,395
52,634
Vermont
54,886
53,556
48,984
56,157
56,203
53,539
Massachusetts
146,685
49,407
145,819
134,885
49,769
50,525
Rhode Island
868
1,513
921
1,504
1,505
930
Connecticut
•;
60,817
33,888
34,572
59,592
33,799
58,779
Middle Atlantic
: 2,505,859 2,488,439 2,279,329 2,250,630 2,244,144 2,201,682
New York
'
836,225
825,208
699,788
710,387
751,123
713,092
New Jersey
574,714
570,474
516,780
491,537
515,343
513,373
Pennsylvania
: 1,094,920 1,092,757 1,011,426 1,022,395 1,020,384 1,010,357
E. North Central : 2,581,369 2,572,6% 2,383,118 1,617,431 1,616,755 1,557,^17
Ohio
, 651,835
649,690
486,356
505,096
6l3,70C1
505,659
Indiana
421,071
420,465
170,276
176,775
176,533
383,397
Illinois
• 972,978
902,661
403,540
969,702
403,770
383,297
Michigan
313,493
308,636
311,640
284,541
299,449
312,347
Wisconsin
, 221,992
224,139
218,039
198,819
219,673
219,153
W. North Central 1 1,891,017 1,891,843 1,791,079
506,222
"500,135
506,750
1
Mlnnesota
250,998
205,883
255,108
204,707
241,899
203,539
i 320,184
89,442
302,664
320,701
89,301
88,193
Missouri
!
311,780
67,482
64,372
314,592
290,580
66,973
North Dakota
84,642
29,004
83,191
83,383
29,778
29,199
South Dakota
, 126,610
27,418
124,054.
120,922
27,464
26,733
Nebraska
t 333,853
44,795
44,788
335,388
42,327
313,379
Kansas
1 462,950
45,051
458,809
438,252
42,849
43,809
South Atlantic
! 1,148,077 1,141,230 1,071,096
549,115
529,960
548,291
Delaware
|
19,289
19,112
11,792
11,992
11,972
17,497
Maryland
I 145,317
145,454
147,681
101,099
100,647
103,961
1
Virginia
327,225
222,124
296,860
221,787
209,326
325,347
West Virginia
; 176,062
164,403
75,265
75,014
73,214
175,659
North Carolina 1 119,930
ll6,86o
44,196
124,785
45,159
44,753
South Carolina
84,987
16,099
80,336
16,3.06
16,297
75,780
Georgia
94,368
24,498
24,221
24,434
86,831
94,367
Florida
! 180,899
46,188
184,095
53,387
157,259
53,635
E. South Central
566,683
145,422
149,457
150,177
567,932
529,873
Kentucky
247,899
249,488
44,192
44,143
43,392
237,658
Tennessee
145,897
146,348
60,205
60,317
137,542
58,773
Alabama
131,079
34,883
130,303
117,619
36,451
36,985
4i,8o8
Mississippi
8,683
8,658
8,374
41,793
37,054
V. South Central
1,788,748 1,790,007. 1,726,186
124,816
131,236
132,366
Arkansas
20,780
21,683
120,471
129,716
129,476
21,595
Louisiana
23,426
70,621
23,261
73,487
69,391
24,441
Oklahoma
30,582
310,458
312,365
34,734
317,637
34,997
50,028
51,558
1,275,327 1,277,305 1,218,687
51,333
Mountain
671,464
160,391
679,409
639,690
173,537
174,457
Montana
41,181
161,434
42,250
175,595
173,563
42,498
Idaho
48,490
47,366
12,103
12,591
43,985
12,689
"Wyoming
18,662
19,411
92,451
94,736
85,755
19,583
Colorado
42,844
50,887
222,135
223,346
223,764
51,134
New Mexico
10,904
12,129
77,090
72,679
76,897
12,274
Arizona
4,614
1,150
1,034
5,244
1,126
5,363
Utah
44,746
45,628
29,650
39,882
28,356
29,688
Nevada
8,750
5,469
5,307
9,055
7,995
5,465
Pacific
200,407
382,920
215,421
378,476
216,522
359,952
Washington*
83,607
38,961
38,689
81,991
85,190
38,563
Oregon
29,401
95,113
94,500
88,712
26,153
29,639
California
204,200
186,050
201,985
147,922
147,331
135,691
17

For footnote see preceding page regarding classification by population.