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"1

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES
..~J, AND BORROWINGS OF MEMBER BANKS, SECOND HALF OF SEPTEMBER 1955
October 21, 1955
(Averages of daily figures ~k'. In millions of dollars)
Demand
Class of bank
Gross demand deposits
Net demand
Time
balances due Reserves with F. R. Banks
and
deposits 2/
deposits
from domestic
Federal Reserve District
Total
Interbank
Other
Total
Required Excess
• A H Member Banks
113,856
12,703
101,154
96,368
40,346
6,349
18,701
18,166
Central reserve city banks:
New York
22,929
18,950
3,979
20,417
3,369
66
4,259
4,252
8
Chicago
1
1,211
5,985
4,774
5,270
1,306
106
1,129
1,119
9
Reserve city banks
44,818
6,269
38,549
38,152
16,258
1,978
7,680
.JjJ33_
-52.
Boston
2,193
321
1,871
1,962
220
24
361
364
-3
New York
1,088
38
1,050
481
955
32
197
196
1
Philadelphia
2,867
465
2,402
2,46l
347
113
463
460
2
Cleveland
5,546
558
4,988
4,837
1,969
176
976
6
969
Richmond
2,674
411
2,263
2,280
111
442
440
2Atlanta
2,843
566
2,277
2,350
526
182
452
449
3
Chicago
5,432
4,859
573
4,659
2,528
245
977
965
12
St. Louis
2,512
662
1,850
2,108
4l6
115
401
400
1
Minneapolis
1,191
318
964
873
202
42
184
184
1
Kansas City
815
3,375
2,560
2,756
470
268
529
520
10
Dallas
3,547
807
2,740
2,820
742
379
10
555
545
San Francisco
11,552
10,001
10,817
735
7,765
292
2,196
2,188
8
Country banks
40,124
1,244
38,880
34,529
19,413
4,199
5,580
5,114
466
Boston
118
3,369
1,200
3,251
2,934
213
440
412
28
New York
6,136
6,008
128
5,451
4,153
378
862
921
59
Philadelphia
I 2,773
22
2,427
2,751
1,958
260
420
389
31
Cleveland
3,197
3,168
29
2,802
2,091
310
441
495
54
Richmond
2,666
129
2,216
1,202
2,537
322
361
326
35
Atlanta
3,477
249
3,228
1,054
2,933
4l4
405
437
33
Chicago
101
5,934
5,118
5,833
3,607
665
874
795
79
St. Louis
2,077
2,024
53
1,794
796
245
24
279
255
Minneapolis
1,745
76
1,669
1,500
936
201
248
227
21
Kansas City
2,818
119
2,699
623
2,377
41
316
397
357
Dallas
184
3,674
3,491
3,026
523
576
46
435
389
San Francisco
2,257
36
2 >221
1,950
1,269
219
298
17
-211.
than interbank and United States Government, less cash items reported as in process of
collection) of all member banks estimated at
i8,750 million.
For numbered footnotes see next page.

"I




J.la

DEPOSITS, RESERVES, M P BORROWINGS OF MEMBER B A M S -- Continued
(Averages of dally figures.

Federal
Reserve
District

In millions of dollars)

Demand deposits except interbank |
Time deposits
2nd half
1st half
2nd half
2nd half
1st half
2nd half
Sept. 1955 Sept. 1955 Sept. 1954|Sept. 1955 Sept. 1955 Sept. 1954
1
Country banks in places with population of 15,000 and over 1/

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

25,471

25,231

23,964

2,852
4,513
1,550
1,936
1,605
2,440
3,781
1,002
835
1,121
2,022
l,8l4

2,777
4,415
1,524
1,920
1,591
2,464
3,748
1,002
833
1,120
2,015
1,821

2,674
4,285
1,438
1,769
1,517
2,271
3,513
958
788
1,083
1,928
1,741

;

12,066

12,050

11,604

969
2,750
885
1,155
625
727
2,420
437
40 6
302
382
1,008

970
2,746
883
1,154
620
728
2,412
437
405
302
380
1,012

944
2,646
852
1,105
610
660
2,297
427
395
279
361
1,029

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

13,409

13,498

13,016

7,346

7,361

7,136

399
1,495
1,201
1,232
933
788
2,052
1,022
835
1,578
1,469
407

398
1,467
1,216
1,233
933
799
2,065
1,032
837
1,605
1,483
408

371
1,380
1,145
1,173
884
715
1,972
1,016
8l4
1,594
1,459
492

231
1,403
1,073
936
578
326
1,187
359
530
321
l4l
262

231
1,411
1,073
934
578
327
1,192
359
532
321
142
262

226
1,329
1,052
919
551
290
1,148
347
514
304
122
335

l/ 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):
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.




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,
Time deposits
Demand deposits except interbank
2nd half
1st half
2nd half
2nd half
1st half
2nd half
Sept. 1955 Sept. 1955 Sept. 1954 Sent. 1955 Sept. 1955 Sept. 1954
Country banks in places with a population of less than 15,000
Total, incI.Alaska 13,409,213 13,498,246 13,016,059 7.346.234 7.361.209 7,136,247
Total, all States 13.406.773 13,495,806 13,014,116 7.343,799 7,358.774 7,134,056
244,581
244,748
239,637
New England
422,148
421.195
393,844
62,753
63,459
63,343
60,596
Maine
66,546
67,397
27,984
28,708
28,375
66,266
61,335
New Hampshire
66,118
64,341
66,692
66,513
58,202
62,490
Vermont
61,690
46,857
46,838
47,103
151,248
Massachusetts
160,220
158,919
1,647
1,766
1,764
Rhode Island
775!
747
769
36,055
37,285
61,688
37,483
Connecticut *
65,376
66,805
2,620,874
2,715,593
2,708,161
Middle Atlantic
2,944,546 2,954,342 2,782,617
891,291
969,872
961,880
962,602
New York
1,045,267 1,035,873
605,070
610,396
609,819
679,622
New Jersey
732,112
723,053
Pennsylvania *
1,176,226 1,186,357 1,140,393 1,136,462 1,135,325 1,124,513
1,963,260
2,028,415
E. North Central
3>078,677 3,093,861 2,920,430 2,024,191
600,742
622,040
623,082
742,829
Ohio
799,625
801,712
224,217
235,435
460,924.
235,642
494,043
Indiana
490,187
501,687
516,588
516,204
Illinois
1,133,344 1,136,902 1,102,572,
382,434
402,384
366,322
397,204
Michigan
396,233
392,606
253,980
251,968
252,059
247,783
267,058
Wisconsin
260,828
667,880
693,251
691,568
W. North Central
2.029.490 2,054,198 2,036,287!
254,577
263,900
262,250
302,882
291,485
Minnesota
300,942
118,882
120,888
120,861
345,4491
Iowa
339,027
335,940
;
95,102
101,119
101,009
348,740!
Missouri
352,534
350,096
36,262
36,491
36,558
89,271;
90,630
North Dakota
92,066
41,697
39,357
41,741
124,657
126,297
South Dakota
126,195
52,403
52,198
52,123
346,674
341,734
Nebraska
336,960
71,297
76,958
77,026
490,011
501,094
Kansas
487,291
698,412
749,692
748,603
South Atlantic
1,351,230 1,359,947 1,248,001
12,697
13,031
13,044
17,018
19,008
Delaware
18,772
125,439
135,348
162,853
135,535
175,409
Maryland
176,266
279,045
293,229
338,653
293,730
362,704
Virginia
358,837
89,804
87,994
89,845
178,4981
186,141
187,577
West Virginia
48,877
50,322
50,357
126,2631
132,070
North Carolina
134,032
19,758
19,980
18,645
94,3UI
94,309
South Carolina
95,717
32,266
33,366
101,667|
33,494
109,186
Georgia *
107,220
#,336
114,612
113,953
228,738!
279,684
Florida
274,245
208,088
223,008
223,257
588,9781
615,452
E. South Central
607,751
60,804
64,193
64,300
237,091
248,521
244,601
Kentucky
86,162
94,326
94,320
162,294
165,106
161,627
Tennessee
49,051
51,804
51,905
143,965
154,436
154,640
Alabama
12,071
12,685
12,732
45,628
47,389
Mississippi
46,883
227,586
256,712
256,167
892 1,921,233
W. South Central
1,931,568
33,748
38,791
#,955
139,283
139,726
Arkansas
139,-582
37,121
40,811
40,824
109,085
120,742
121,021
Louisiana
64,123
59,255
64,097
338,146
333,675
Oklahoma
331,119
97,462
112,987
112,291
1,339,190
1,353,278
Texas
1,339,846
240,824
256,106
256,030
746,839
749:477
Mountain
745.419
54,683
59,125
59,119
197,074
197,324
Montana
198,238
17,130
18,145
18,229
42,262
41,752
41,818
Idaho
27,427
28,715
28,644
103,133
100,697
Wyoming
100,528
74,748
77,726
77,612
245,529
247,747
Colorado
247,647
18,32b
22,630
22,619
86,609
93,464
New Mexico
90,883
2,090
1,813
1,811
6,128
6,398
Arizona *
5,886
38,576
41,503
41,563
48,085
52,011
Utah
49,827
7,842
6,449
6,433
17,749
10,354
Nevada
10,592
267,497
191,249
191,241
375,887
295,442
Pacific
295.944
44,373
44,538
44,666
78,432
79,376
Washington *
78,911
21,615
35,863
21,210
70,255
53,230
Oregon *
53,765
187,261
125,096
226,256
125,365
163,780
California *
163,268
2,189"
2,435
2,440
1,943
2,%..
Alaska
2.440