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I0lll
J.l
Class of bank
and
Federal Reserve District

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
October 6, 1959
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FIRST HALF OF SEPTEMBER 1959
(Averages of daily figures^/• In millions of dollars)
Borrowings
Demand
Reserves with F.R.Ba-nks at Federal Cash
Gross demand deposits
Time balances due
Net demand
deposits 2/ deposits from domestic Total Required Excess Reserve
U. S.
vault
Interbank Govt.
Banks
banks
2,130
18,583
3/18,121
3/462
1,040
6,657
54,582
103,608
121,709 13,255 \l63
104,292'

All member banks
Central reserve city banks:
129
193
3,860
6
3,866
70
4,834
20,103
18,412
4,092
904
New York
23,408
60
29
1,018
1,013
5
104
1,456
5,222
216
4,592
Chicago
1,172
5,981
683
525
7,763
43
7,806
2,042
40,402
21,932
6,621 1,598
48,203
39,!
Reserve city banks
41
2&
350
2i£T
351
2,056
1,913
Boston
70
2,316
334
2
26
194
194
64o
32
982
1,034
4l
46
1,121
New York
48
36
-1
447
446
101
2,401
2,544
112
537
486
Philadelphia
2,999
2
78
964
966
176
2,679
5,032
232
4,959
Cleveland
551
5,742
448
1
27
449
115
2,485
2,424
765
Richmond
455
2,958
79
81
6
491
496
244
892
2,600
2,705
Atlanta
83
3,410
727
104
80
914
918
214
3
3,109
244
Chicago
4,590
558
26
121
353
356
3
502
1,98b
St. Louis
1,675
2,424
670
79
10
2
1
181
181
40
266
1,014
860
56
Minneapolis
1,274
359
62
8
33
483
475
274
2,686
636
2,451
98
836
Kansas City
3,385
36
4
548
29
401
552
1,092
2,992
2,734
940
154
Dallas
3,829
11
193
15
2,413
2,398
298
10,598
11,319
12,344
346
San Francisco
663
13,353
1,2
262
5,485
4,440
5,893
26,361
37,881
41,303
1,370 1,444
44,117
Country banks
113
416
19
435
209
1,414
142
3,13a
Boston
134
3,610
208
'
II
966
51
1,017
380
5,742
6,170
6,574
New York
130
235
6,939
112
11
411
29
439
287
2,492
2,600
2,837
134
25
Philadelphia
2,996
122
10
46
451
497
2,548
329
2,939
3,219
131
25
Cleveland
3,375
104
341
9
372
1,571
337
2,385
2,636
102
Richmond
131
2,869
117
46l
43
34
481
495
1,679
3,428
Atlanta
111
262
3,695
4,068
850
71
921
696
4,741
6,111
211
Chicago
144
6,466
27
%
6
20
267
287
1,064
269
1,944
2,144
St. Louis
58
56
2,258
43
13
245
19
265
213
1,321
1,631
1,757
67
1,902
78
Minneapolis
60
16
31
336
412
367
2,608
986
2,864
129
94
3,086
Kansas City
24
90
40
4o4
444
619
1,026
3,205
208
3,635
78
Dallas
3,922
6
70
15
338
209
353
2,263_
1,777
2,4g6_
82
47
2,625
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 $92,847 million.
" For numbered footnotes see next page.




i

J .la

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BAMS — Continued
(Averages of daily figures. In millions of dollars)

Federal
Reserve
District

Demand deposits except interbank
Time deposits
| <ai<
1st half 2nd half 1st half
Sept. 1959IAug. 1959 ISept. 1958 Sept. 1959 Aug. 1959 I Sept.1958
Country banks in places with population of 15,000 and over l/

Total

28,241

2/27,956

26,830

16,480

£/I6,453

15,660

3,043
5,168
1,777
2,062
1,709
2,730
4,136
1,078
897
1,248
2,l6l
2,232

1/3,050

2,912
4,922

1,119
3,861
1,208
1,399
792
1,094
3,216
545

r/l,U6
3,860
1,205
i,4oo
787
1,095
3,208
549
587
451
698
1,497

1,077
3,700
1,134
1,328
775
1,068
3,l4l
542
552
419

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

2,042
1,678
2,689
4,077
1,068
885
1,239
2,143
2,177

1,690

1,987
1,662
2,547
3,995
1,056
871
1,195
2,108
1,883

454
702
1,499

1,255

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

14,505

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

433
1,641
1,195
1,288
1,029
1,076
2,185
1,122
927
1,710
1,552
347

-/l4,
~/421
1,6l6
1,168
1,257
983
1,055
2,150
1,100
908
1,680
1,520
333

14,044

9,880

r/(9,873

9,299

416
1,566
1,158
1,256
987
994
2,162
1,097
896
l,66l
1,533
318

295
1,880
1,285
1,148
779
585
1,525
519
730
532
324
278

1/295
1,877
1,283
1,145
780
584
1,525
522
731
529
326
276

287
1,809
1,234
1,087
727
527
1,443
492
68 6
470
278
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.
1/ Revised.
Footnotes for preceding page (J.l):
l/ Averages of daily closing figures for reserves end 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/ Revised weekly figures compared with those given in published weekly statements:

Sept.
Jz/
23$/
302/
5/ Preliminary




Required
reserves

Excess
reserves

Free
reserves

18,165
18,082
18,164
18,258
18,140

401
558
489
561
254

-564
-499
-570
-298
-467

J-lb
DEPOSITS, RESERVES, Aim BORROWINGS OF MEMBER BANKS — 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
1st half r2nd half 1st half 1st half 2nd half 1st half
Sept. 19591Aug. 1959 ISept. 1958 Sept. 19591Aug. 1959 ISept. 1958
Country b; :s in places with a population of .less than 15,000
Total
105.2 1/14,191.5 14,54570"
9,880.4 1/ 9,873.5
97299.0
Total, all States H I
.8 .1/14 ,,184.1 14,039.0
9,871.9 z/9%55577
9,292.3
Key England
433.3
ih&r.
423.4
294.0
1/294.5
293.8
Maine
81.8
78.5
74-4
81.5
73.5
77.9
New Hampshire
78.5
76.4
34.8
32.2
34.7
Vermont
. 68.1
104.0
100.4
70.2
104.0
Massachusetts*
I/165.2
48.6
163.7
167.4
51.3
51.0
Rhode Island
Connecticut*
^37.6
38.7
50.3
z/23.0
23.2
34.7
Middle Atlantic
3A24.3
3,067.0
3,467.6
2,990.5
3,463.0
3,313.2
New York
1.184.2
1,169.2
1.105.4
1,320.9
1,257.4
1,319.6
New Jersey*
770.6
793.6
815.6
773-4
819.3
773-9
Pennsylvania
1,124.4
1.114.5
1,281.9
1,146.5
1,327.8
1,327.4
E. North Central
3,221.2
3,219.9
2,422.9
2,550.1
3.283.3
2,551.0
Ohio
812.6
835.0
"55379
716.1
752.1
755-5
Indiana
503.8
302.2
496.8
502.1
291.0
302.3
1,266.1
Illinois
704.9
1,239.0
1,251.4
663.6
705.4
384.6
Michigan
480.3
382.6
482.9
370.6
458.6
Wisconsin
293.8
308.1
287.6
284.5
307.4
293.6
W. North Central
2,167.1
2,131.0
1,000.6
2,135.8
1,002.4
929.3
Minnesota
352.7
337V?
" 345.9
348.7
347.1
329.3
Iowa
351.2
156.6
361.3
345.3
146.5
156.3
Missouri
380.5
156.8
158.4
373.8
379-8
150.7
104.1
North Dakota•
57-0
96.4
99.2
50.7
57-0
134.8
South Dakota
63.4
131.8
66.5
133.9
59-0
Nebraska
342.2
67.6
334.0
338.2
67.2
59.3
Kansas
501.6
498.9
' 490.5
150.5
149.9
133.8
South Atlantic
1,603.7
1,068.3
1,527.2
1,547.0
1,069.0
998.7
Delaware*
16.3
14.1
3 ^
3-7
3.7
~W
176.7
Maryland
158.4
183.4
169.9
158.1
151.6
416.8
418.6
Virginia
4o4.6
394.4
417.2
386.3
202.1
120.1
West Virginia
195.8
197.5
107.3
North Carolina
144.5
H:§
134.1
132.2
60.2
59.4
South Carolina
109.6
100.1
99-2
33.3
32.9
31-5
Georgia
122.8
119.8
59-8
119.5
59.7
53.3
427.4
Florida
214.9
420.2
214.9
194.4
383.5
711.3
366.8
E. South Central
672.3
366.2
695.5
334.0
Kentucky
266.8
2S0TB
100.4
25477
100.3
93.5
Tennessee
192.5
187.I
144.4
144.1
178.5
132.6
Alabama
172.2
182.4
82.2
177.5
92.3
92.4
Mississippi
70.1
66.9
29.5
69.6
25.7
29.6
W. South Central
2,074.9
2,074.0
2,117.5
469.4
543.1
542.2
Arkansas
66.4
155.1
IqJT
151.7
66.1
150.3
Louisiana
174.3
171.2
159.4
83.7
83.6
74.5
Oklahoma
124.8
381.9
124.2
106.8
389.7
375.5
Texas
1,388.8
1,370.1
2:0,7
1,398.4
269.2
267.3
Mountain
756.0
776.1
360,8
738.5
362.8
Montana
201.0
196.0
196.3
ioi?d
101.7
Idaho
28.7
17.4
27.2
16.2
27.5
17.1
110.6
Wyoming
50.4
108.0
109.4
50.2
43.4
281.4
108.6
Colorado
272.9
261.7
107.8
99.3
New Mexico
118.5
42,3
115.8
111.0
42.2
35.6
Arizona
5.6
4.0
4.6
4.0
4.9
3.8
Utah
26.8
26.9
27.7
3'+.6
34.5
Nevada
2.6
2.4
3.1
^ 2
3.9
3.9
Pacific
282.2
217-8
256.1
271.1
216.6
Washington*
61.8
"56.1"
64.3
57.1
59.5
^5^9
Oregon*
22.4
42.9
39.6
22.0
21.0
37.3
California*
144.7
145.4
128.8
138.5
128.3
133.7
Alaska*
4.0
20.4
35.8
36.1
. 20,5
Virgi n Islands
7.0
8.1
2:1
A.2
7-2
vj Revised.




8:1

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