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j.l
Class of bank
Federal Reserve District
All member banks
Central reserve city banks:
New York
Chicago

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, SECOND HALF OF SEPTEMBER 1959
October 20, 1959
(Averages of daily figure si/. In millions of dollars)
Demand
Reserves with F.R.B$nks Borrowings Cash
Gross demand deposits
at Federal
balances due
Net demand
Time
in
Reserve
from
domestic
deposits
deposits
2/
u.
s.
vault
Interbank
Total
Total Required Excess
Other
Banks
banks
Govt.
2,269
18,603 3/18,245 3/358
765
6,562
104,852
122,860
104,530
54,504
4,971
13,037
23,568
6,168

4,014
1,192

985
310

18,570
4,665

20,181
5,327
40,650
2,091
1,C04
2,544
5,044
2,506
2,686
4,628
2,019
1,002
2,707
2,963
11,456

4,8o4
1,452

75
107

3,831
1,031

3,873
1,031

-42
—

224
33
340
16
14
30
55
18
72

131
30

4l
725
2,125
7,803
7,845
6,490
2,015
40,231
21,917
lti
1
22
214
88
356
356
1,927
347
26
1
198
198
641
36
1,060
1,154
43
51
2
448
111
447
39
48l
3,026
2,425
119
536
8
120
966
187
264
974
2,679
542
5,805
4,999
6l
118
1
452
452
121
431
763
2,985
2,433
488
1
43
489
250
2,612
108
891
3,402
683
4
109
924
225
919
4,620
310
3,109
5,476
547
k
l8
27
362
358
125
2,486
110
3
501
667
1,709
-2
11
42
27
266
866
177
1,277
72
339
4o
486
281
478
35
7
2,492
636
3,436
813
131
15
546
431
543
3
37
i4o
2,804
1,083
3,888
945
2,420
198
13
296
2,433
3
502
12,285
652
13,439
10,599
168
359
5,897
1,383
4,255
5,537
Country banks
26,330
1,661
41,386
44.387
1,341
38,372
124
441
425
13
15
213
Boston
128
182
1,405
3,227
3,707
3,397
210
13
52
1,030
978
6,286
New York
396
128
6,714
5,738
233
7,075
4l6
22
119
Philadelphia
264
439
7
24
2,842
2,496
3,020
2,651
154
132
310
455
5
495
39
26
160
2,982
3,210
2,550
Cleveland
3,395
14
112
24
314
343
2,406
367
2,864
2,620
1,564
129
115
Richmond
127
488
463
25
434
35
128
3,446
1,676
4,025
252
3,645
Atlanta
208
22
64
856
920
142
4,728.
675
6,504
265
6,098
5,630
Chicago
8
65
268
264
19
287
1,062
2,144
2,266
1,958
63
59
St. Louis
14
16
47
264
247
1,648
199
1,906
1,323
76
72
1,758
Minneapolis
16
65
30
368
120
988
392
2,619
337
96
2,855
Kansas City
3,070
19
98
445
407
39
210
88
1,025
3,920
3,623
3,232
593
Dallas
2
74
202
340
13
106
2,480
2,287
2,633
353
47
1,775
San Francisco
NOTE: Demand deposits adjusted (demand deposits other than interbank and United States Government, less cash items reported as in process of
collection) of all member banks amounted to $93*083 million.
For numbered footnotes see next page.
Reserve city banks
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas CityDallas
San Francisco




48,737

J.la

DEPOSITS, RUS^VES, J3TP B0r&l?y71KGS OF
(Averages of daily figures.

Federal
Reserve
District

—

Cont:.nu.;d

In millions of dollars)

Time deposits
Demand deposits except interbank
2nd half
1st half
2nd half
2nd half
1st half
2nd half
Sept. 19591Sept. 19591 Sept. 1958 Sept. 19591Sept. 19591 Sept. 1958
Country banks in places with population of 15,000 and over l/

28,562

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

28,241

3,153
5,26?
1,808
2,081
1,710
2,712
4,173
1,083

1,078

2,164
2,243

897
1,248
2,161
2,232

3,043
5,168
1,777
2,062
1,709
2,730
4,136

26,868

l6,46o

16,480

15,650

2,959
4,987
1,699
1,990
1,647
2,519
3,976
1,051
875
1,200
2,094
1,871

1,120
3,858
1,209
1,401
790
1,091
3,203
543
591
454
699

1,119
3,861
1,208
1,399
792
1,094
3,216
545
591
454
702
1,499

1,082
3,675
1,137
1,329
774

1,500

1,069
3,141
543
554
420
670
1,255

Country banks in places vith population of less than 15,000
Total

14,484

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

426
1,679
1,188
1,289
1,025
1,061
2,190
1,124
925
1,687
1,546
343

14,505

13,988

433
l,64l
1,195
1,288
1,029

4l6
1,576
1,138
1,249
986
981
2,152
1,095

1,076

2,185
1,122
927
1,710
1,552
347

906

1,651
1,524
315

9,870

9,880

9,319

285

295
1,880
1,285
1,148
779
585
1,525
519
730
532
324

288
1,811
1,235
1,091
727
529
1,445
494
688
473

1,880
1,287
1,149
774
585
1,525
520
731
533
326
274

278

280
260

l/ Includes any banks in outlying sections of reserve cities which have been given
permission to carry the same reserves as country banks; also includes member
banks in Hawaii.
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.
j3/ Revised

-ckly figures compared with those given in published weekly statements:

Sept. 16
. Sept. 23
Sept. 30 .
Oct.
T&f,
Oct. 142/
j>/ Preliminary




Required
reserves

Excess
reserves

18,170
18,297
18,174
18,174
18,026

483
522
220
462
475

Free
reserves
-576
-337
-501
-544
-573

J.lb
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER B A M S -- Continued
(Averages of daily figures; in millions of dollars. Comparability of figures
is affected somewhat by changes in Federal Reserve membership, absorptions,
etc., particularly in States or other areas designated by an asterisk.)
Demand deposits except interbank
Time deposits
2nd half
1st half
2nd half
2nd half
1st half I 2 n d half
Sept. 19591Sept. 19591 Sept. 19581 Sept. 1959[Sept. 19591Sept. 1958
Country banks in places with a population of less than 15,000
Total
14,484.2
14,505~.2
13,987*6
9,880.4
97319.3
Total, all States
9,861.3
9/871.9
9,312.0
14,477.3
14,498.8
13,982.9
Mev England
294.8
T2^T
285.2
294.7
433.3
423.2
Maine
8171
78.0
7575"
78.4
81.7
72.7
Net; Hampshire
34.8
32.2
78.5
34.9
77-7
100.4
Vermont*
104.0
70.2
94.2
Massachusetts*
49.2
51.0
167.4
165.8
51.1
Rhode Island
Connecticut*
23.2
34.9
49.7
23.3
38.7
38.9
Middle Atlantic
3,467.6
3,316.6
3,468.7
3,124.3
3,153.5
,976.7
Hevz York
1.184.2
1,258.4
1,120.2
1,320.9
1,221.2
1,318.9
New Jersey*
819.3
777.0
821.7
793.6
757.0
789.5
Pennsylvania
1,281.2
1,146.5
1,327.4
1,099.5
1,142.8
1,328.1
E. North Central
2,429.0
3,204.7
2,551.0
3.283.3
2,552.6
3,2%.l
Ohio
370
835-0
719.2
839.0
756.2
755-5
Indiana
498.4
302.2
291.9
501.4
503.8
301.5
664.2
Illinois
1,266.1
1,252.7
704.9
1,275.8
706.3
Michigan
480.3
384.6
386.6
365.6
480.7
459.1
Wisconsin
280.0
294.6
308.1
293-8
290.3
307.9
W. North Central
1,000.6
2,167.1
932.3
1,001.7
2,133.3
2,147.5
Minnesota
341.2
330.2
348.7
352.7
3WX"
349.3
146.8
156.6
350.6
351.2
362.3
156.3
Missouri
381.1
156.8
380.5
156.3
151.3
378.4
North Dakota
104.2
104.1
50.8
57.1
57.0
99.5
South Dakota
134.8
63.4
134.6
136.1
64.9
59.3
Nebraska
342.2
67.6
334.8
59.6
338.9
67.7
Kansas
501.6
482.5
134.3
487.3
150.5
151.0
South Atlantic
i,ooo.4
1,068.3
1,603.7
1,063.4
1,587.4
1,518.9
l6.j
Delaware*
1471
378
37O
3.8
3.7
Maryland
152.0
184.3
158.7
158.4
176.7
173.7
Virginia
416.8
418.6
418.5
413.9
390.3
385.9
West Virginia
202.1
120.1
107.6
199.2
119.7
North Carolina
60.4
144.5
146.0
134*6
59.4
59-2
South Carolina
109.6
31.0
108.5
33.3
99-9
33.5
Georgia
122.8
119.3
59.8
121.3
53.9
59.9
Florida
416.4
427.4
214.8
214.9
195.5
375-8
E. South Central
668.6
366.8
334.8
711.3
699.8
367.2
Kentucky
266.8
100.4
265.6
253.7
100.5
93-7
Tennessee
144.4
192.5
132.9
177-7
191.8
144.5
Alabama
182.4
92.4
82.3
171.9
92.5
173.9
Mississippi
69.6
29.6
65.3
25.9
68.5
29.7
W. South Central
542.2
471.0
058.
2,113.8
,117.5
,058.9
544.7
Arkansas
1587
66.4
148.9
~W5~
155.1
66.7
155.8
Louisiana
74.6
182.2
156.7
174.3
83.8
83.7
Oklahoma
124.8
107.1
371.6
381.0
389.7
125.1
Texas
1,398.4
1,381.7
267.3
230.7
269.1
1,394.8
Mountain
362.8
746.3
776.1
362.8
327.5
777-2
Montana
201.0
101.7
101.8
199.0
201.9
93.1
Idaho
16.2
28.7
28.1
17.4
27.5
17.1
Wyoming
110.6
112.2
110.9
50.4
43.7
50.5
Colorado
281.4
264.0
108.6
100.1
282.4
108.8
New Mexico
110.1
118.5
42.3
116.8
42.5
3
Arizona
l:l
4.0
4.0
5.6
4-3
5-6
Utah
27.4
34.5
27.7
34.3
27.7
3
Nevada
2.6
3.8
2.5
3-1
3-9
Pacific
282.2
215.0
217.8
252.3
278.9
205.7
Washington *
61.8
6474
46.1
46.3
61.7
47.0
Oregpn*
22.4
22.6
21.0
42.3
39.6
39.0
California *
128.8
142.1
144.7
134.2
142.3
125.5
Alaska*
20.6
36.1
20.5
3-5
35.9
Virgin Islands
6.8
8.2
6.6
8.2
7.2

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