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P

FEDERAL

RESERVE

statistical

release

J.l 1
I

' ^ ^ ^ ^ ' i k p O S I T S , RESERVES, AND BORROWINGS OF MEMBER BANKS, FOR THE BIWEEKLY PERIOD ENDED AUGUST 22, 1962
Sk:"
|
(Averages of daily figures!/. In millions of dollars)
September 10, 1962
Reserves
BorrowDemand
nlTftRR
fliik V. • •'i
V
-LtJUD t> of
Ui Vi
UOL1JX
uiubb ueinana a.epusi ui
Net demand
ings at
Time
balances
With
Currency
J
InterU. S.
deposits^/ deposits due from
F. R.
F. R. and coin Required Excess
iL-R.- District
bank
Govt.
Banks
dom.bks.
Banks
total
All member banks
125,855 13,848
6,026
142
105,982
76,ICO
104,975
3/19,342
3/569
6.976
17.148 3/2.763
Reserve city banks
Boston
New York:
New York City
Other
Philadelphia
Cleveland
Richmond
Atlanta
Chicago:
City of Chicago
Other
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

12,289
338

4,o64
130

62,973
1,843

65,338
2,022

4o,803
429

2.147
22

11,791
337

1.107
22

12.821
355

24, 055
745
3,048
5,777
3,495
3,626

4,031
47
512
576
422
759

1,309
42
152
329
175
135

18,714
656
2,384
4,872
2,897
2,732

19,675
608
2, 528
4,985
2,930
2,838

8,407
815
935
3,766
1,303
1,267

105
30
105
171
131
256

3,482
114
417
899
461
481

210
27
47
121
90
56

3,667
l4l
464
1,011
549
532

6,186
4,370
2,589
1,310
3,505
3,978
14,330

1,263
634
741
357
930
1,012
667

351
342
108
71
122
117
678

4,572
3,394
1,740
882
2,453
2,850
12,984

5,288
3,585
2,085
1,030
2,746
3,063
11,953

2,764
2,845
794
497
1,072
1,647
14,264

94
155
128

264
373
272

975
634
353
184
475
550
2,428

37
100
34
12
39
43
267

Country banks
46,530
1,559
Boston
3,801
146
New York
143
7,385
Philadelphia
34
3,095
Cleveland
28
3,289
Richmond
2,786
116
Atlanta
4,277
292
Chicago
7,569
173
St. Louis
2,295
70
Minneapolis
1,882
80
Kansas City
3,281
159
Dallas
4,071
277
San Francisco
4l
2,799
For numbered footnotes see next page.

1,962
188
363
157
172
118
134
334
79
79
125
95
119

43,009
3,467
6,879
2,904
3,089
2,551
3,851
7,063
2,146
1,722
2,997
3,700
2,639

39.637
3,290
6,511
2,670
2,837
2, 344
3,575
6,467
1,938
1,616
2, 730
3,244
2,415

35.296
1,698
7,423
3,151
3,037
1,834
2,399
7,238
1,403
1,622
1,496
1,659
2,337

4.829
207
4c6
308
345
300
529
823
308
200
479
715
209

5.357
355
933
359
387
282
445
952
264
248
378
427
328

1.656
143
266
l44
152
125
156
260
74
54
78
110
94

79,325
2,312




4o

77
4

98
8

25
1
1
10
3
5

23
2
5
5
11
5

1,011
734
384
195
507
588
2,685

1
1
3
1
7
6
9

25
3

6.521
480
1,152
478
492
373
549
1,138
303
275
402
472
407

492
18
46
26
46
34
52
74
35
27
53
65
16

44
8
9
1
1
2
2
6

1

6
7

2
4
8
--

J.la

DEPOSITS, RESEBvffS, M\ID BCllROUIUGS OF H5I-iBEP. EAKKS -- Continued
(Averages of daily figures.

Federal
Reserve
District

In millions of dollars)

Demand deposits except interbank
Time deposits
and U. S. Government
Aug. 9-22, July 26- Aug.10-23, Aug. 9-22, July 26- Aug.10-23,
Aug.8,1962
1961
Aug.8,1962
1961
1962
1962
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

30,671
3,094
5,723
1,790
1,970
1,642
3,026
5,220
1,107
911
1,4i8
2,359
2,409

30.589

29.703

3,139
5,691
1,790
1,953
1,636
3,019
5,211
1,096
911
1,398
2,345
2,399

3,002
5,541
1,711
1,945
1,597
2,892
5,070
1,089
901
1,334
2,293
2,328

24.505
1, 401
5,786
1,613
1,731
958
1,820
5, 571
758
781
775
1,210
2,101

21/24. 402

21.399
1,263
4,920
1, 454
1, 607
875
1, 506
4,974
662
684
616
1,030
1,808

1,392
5,765
1,605
1,725
954
1,814
5,561
753
776
757
1,210
2,086

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

12,338

12,268

12,090

373
1,156
1,114
1,119
909
825
1,843
1,039
812
1,579
1,340
230

371
1,142
1,104
l, 117
892
812
1,830
1,031
805
1,605
1,332
227

376
1,154
1,078
1,094
860
771
1,776
996
820
1,609
1,331
226

10.791

10,746

9,707

297
1,637
1,538
1, 305
876
578
1,668
645
84l
721
449
236

296
1,626
1,532
1,298
871
575
1,654
642
838
731
447
235

290
1, 519
1,432
1,219
779
498
1,478
553
751
622
348
218

r/ revised.
1/ Includes any banks in 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):
1/

Averages of daily closing figures for reserves with F.R. Banks 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/

Revised weekly figures compared with those given in published weekly statements:

Aug. 15
Aug. 22
Aug. 29p/
Sept. 5p/
p/

Preliminary.

Cash
allowable as
reserves
2,764
2,763
2,870
2,705




Required
reserves
19,216
19,468
19,380
19,409

Excess
reserves
597
542
534
439

Free
reserves
467
386
461
345

J.j-b
DEPOSITS, RESERVES, AND. BORP.OUIiTGu 01-' M3-1B2R BATIKS -- 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.)
Country banks in
Demand deposits except interbank
Time deposits
places with a popand U. S. Government
Aug. 9-22, July 26- Aug.10-23, Aug. 9-22, July 26- Aug. 10-23;
ulation of less
1962
than 15,000
Aug.8,1962
1961
Aug.8,1962
1962
1961
Total
12,090.3
12,267.9
9,707.3
12,338.3
10.791.0 10,746.3
Total, all States
12,261.4
12,064.5
9,695-0
10,732.9
12,331.7
10.777.0
New England
290.0
296.3
371*3
375.7
296.8
372.9
Maine *
56.4
74.0
58.7
56.2
75.9
76.2
New Hampshire
66.8
62.0
43.6
39.0
67.8
44.2
Vermont
102.2
54.7
55-2
99.7
54.4
102.5
Massachusett s
162.8
163.7
54.9
165.2
53.9
54.2
Rhode Island
Connecticut
23.4
19.7
29.7
37-0
29.3
19.7
Middle Atlantic
2,486.7
2,490.5
3,502.1
2,515.8
3,287.1
3.520.0
New York
1,045.2
761.8
758.1
961.9
749.9
1,052.1
New Jersey
718.6
728.1
868.7
929.0
734.0
935.5
Pennsylvania
1,008.7
1,013.8
1,020.0
1,456.5
1,527.9
1,532.4
E. North Central
2,546=6
2,800.2
2,822.1
2,838.5
2,736.5
2.820.0
Ohio
720.3
693-4
835.6
'720.4
840.8
775.9
Indiana
507.2
473.6
341.5
368.7
510.3
372.9
Illinois •
1,017.0
726.8
630.8
998.0
1,017.0
732.2
Michigan
500.2
330.4
544.7
333.1
548.0
343.9
Wisconsin
241.1
244.5
324.4
246.9
298.3
326.1
W. North Central
1,221.4
1,045.1
1,949.8
1,948.2
1,933.4
1,227.4
Minnesota
312.0
311.6
385.1
313.1
383.6
344.6
Iowa
303.0
302.4
182.7
295.6
183.9
152.7
Missouri
342.6
208.4
347.9
209.3
332.8
174.1
North Dakota
72.0
61.4
70.8
61.2
76.1
52.4
South Dakota *
122.3
125.4
121.5
79.5
79.2
70.7
Nebraska
306.5
107.0
106.4
308.7
306.0
82.2
Kansas
484.5
201.2
168.4
485-9
490.7
199.9
South Atlantic
1,349.5
1,264.0
1,162.0
1,024.0
1,329.4
1,154.6
Delaware
3.6
3.8
5.8
4.7
3.6
5.9
Maryland *
101.8
126.0
97.8
130.5
98.0
131.5
V irginia
424.8
380.6
415-7
488,7
422.1
490.7
West Virginia
184.6
190.5
156.3
139-3
192.2
156.9
North Carolina
90.0
96.3
58.5
60.2
55.9
93-9
South Carolina
108.2
40.8
110.5
44.9
115.1
45.0
Georgia
69.2
100.0
97.2
93.0
77-2
77.4
Florida
324.1
192.7
163.3
324.6
295.7
194.4
E. South Central
602.0
412.0
589.1
358.6
614.4
413.5
Kentucky
102.1
234.7
227.7
113.9
236.9
114.3
Tennessee
167.6
163.0
168.7
169.8
145.2
169.3
Alabama
148.1
142.5
100.7
86.1
149.2
101.1
Mississippi
24.8
51.6
28.7
55-9
28.8
58.5
W. South Central
1,878.9
1,856.4
734.6
1.874.6
585.7
728.4
Arkansas
84.5
167.2
152.0
105.2
167.9
105.7
Louisiana
58.0
103.I
98.6
102.1
52.9
58.0
Oklahoma
400.2
160.2
406.5
192.4
184.7
393.8
Texas *
1,202.1
1,205.6
288.1
1,210.8
379.0
380.0
Mountain
443.6
403.1
655.5
679.0
652.7
439.9
Montana
182.2
138.5
175.3
119.7 .
177-5
138.7
Idaho *
16.6
26.7
17.6
24.3
25.1
16.7
Wyoming
104.2
67.8
107.9
59.9
105.3
67.9
Colorado
244.0
120.0
224.9
125.8
218.9
121.1
New Mexico
82.4
40.3
45.1
85.8
45.2
85.9
Arizona
4.4
5.1
5.5
7.9
7.7
5.2
Utah
40.7
27.2
30.7
37.3
29.8
4l.l
Nevada
4.0
2.4
2.5
4.0
3.9
2.5
Pacific
168.1
154.8
161.9
163.7
165.1
169.0
Washington
46.9
54.7
51.5
53.5
55.1
53-8
Oregon
22.4
24.7
26.2
25.1
19.7
22.8
California
56.8
66.3
58.0
54.2
66.8
57.6
Alaska
26.2
30.2
25.7
32.9
25.9
25.6
Islands
6.0
12.0
13.0
5.7
6.?
13.7
DigitizedVirgin
for FRASER