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J.L BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FIRST HALF OF AUGUST 1957 September 11, 1957 (Averages of daily figuresU. 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 banks All member banks 113,533 13,074 100,459 45,240 97,746 6,414 ~ 18,848 18.2S1 ZEE Central reserve city banks; New York 22,307 4,202 18,105 19,809 3,613 51 4,174 4,142 32 Chicago 5,960 1,229 4,732 1,326 5,237 111 1,120 1,114 7 Reserve city banks 44,46l 6,241 38,220 18,251 37,765 1,925 7,786 7,710 76 Boston 2,21b l,9Co 313 1,994 213 DTO™ 37T 2 New York 1,073 40 1,033 943 554 198 197 1 Philadelphia 2,826 46l 2,4o4 2,365 387 453 452 1 Cleveland 5,633 5,114 4,948 519 2,157 1,005 999 7 Richmond 2,690 4ll 2,282 2,279 64i 447 443 4 • Atlanta 2,832 610 2,222 2,299 644 454 446 8 Chicago 5,346 4,823 524 4,593 2,793 966 975 St. Louis 2,403 670 1,734 2,015 445 390 Minneapolis 1,185 841 344 962 233 186 1 Kansas City 3.247 853 2,394 2,633 523 512 500 12 Dallas 3,508 845 2,663 2,817 879 561 10 551 San Francisco 11,498 10,848 651 9,876 8,783 2,233 2,217 16 Country banks 40,805 1,403 39,402 22,050 34,935 5,768 5,295 473 Boston ~ 3,215" 1 7 3 W 127 2,932 1,211 433 412 21 New York 6,304 126 6,179 5,583 4,695 956 905 51 Philadelphia 20 2,783 2,441 2,763 2,172 431 402 29 Cleveland 3,2l6 27 2,832 3,189 2,245 496 452 44 Richmond 2,679 124 2,246 2,555 1,344 374 337 37Atlanta 3,897 3,566 331 3,253 1,371 497 459 38 Chicago 6,017 5,863 5,124 4,087 909 819 90 St. Louis 2,102 2,040 1,795 923 288 262 26 Minneapolis 1,717 1.641 76 1,086 1,459 229 255 26 Kansas City 2,770 2.642 127 2,308 745 314 353 39 Dallas 3,729 196 3,532 3,019 753 458 400 58 San Francisco 2.248 2,215 1,942 l,4i8 33 . JJ 1,74c i,tio 197 ]] o 304 15 33 8 304 15 NOTE: Demand deposits adjusted. demand deposits other than interbank and United States Government, less cash items reported as in COl 1 A C 4". i nn r\ -T*membeT nil v banks ^ "Uestimated ~ ~±J *j a — A, OZ-X * ? i -« » sr collection) oflall at 9,130 million. For numbered footnotep cee next page. % I ' i i POSITS, RES^VES, AND BOPROWINGS OF MEixBER BANKS -- Continued I (Averages of daily figures. Federal Reserve District In millions of dollars) Time deposits Demand deposits except interbank 1st half 2nd half 1st half 1st half 2nd half 1st half Aug. 1957 July 1957 Aug. 1956 Aug. 1957 July 1957 Aug. 1956 Country banks in places with po;pulatlon of 15,000 and over l/ Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 25,984 26,334 25,395 13,762 13,686 12,541 2,8l4 4,665 1,584 1,947 1,593 2,637 3,832 988 820 1,110 2,075 1,918 2,951 4,718 1,593 1,963 1,605 2,691 3,835 1,000 815 1,134 2,090 1,939 2,784 4,559 1,494 1,947 1,567 2,577 3,746 1,001 797 1,114 1,966 1,844 971 3,113 1,007 1,231 680 924 2,779 491 479 356 544 1,187 978 3,092 999 1,21.8 677 926 2,757 486 477 352 541 1,183 955 2,841 917 1,213 631 762 2,552 449 4i6 316 449 l,04l Country banks in places with po]3ulation of less than 15,000 Total 13,418 13,450 13,363 8.288 8,235 7,554 Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 402 1,513 1,178 1,243 962 929 2,031 1,052 821 1,532 1,457 296 407 1,529 1,182 1,249 960 933 2,030 1,070 817 1,531 1,446 296 4o8 1,469 1,172 1,218 939 883 2,016 1,055 808 1,564 1,469 36l 240 1,582 1,165 1,014 665 446 1,308 432 607 389 210 231 239 1,573 1,159 1,010 662 448 1,295 4j0 603 380 206 229 237 1,412 1,099 955 611 362 1,214 375 546 354 165 244 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, AMD 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 or territory designated by an asterisk.) Demand deposits except interbank) Time deposits 1st half 2nd half . 1st half 2nd half j 1st half 1st half Aur. 1957 I July 1957 I Aug. 195*5 U u r . 1957 July 1957 lAug. 19 $6 Country banks in places with a population of less than 15,000 Total, inc1.Alaska 13,418,072 13, T3T352TB38 "872E87026 6,234,752 7,553,502 Total, all States 13,446,478 13,359,816 8,285,126 8,231,852 7,550,746 New England 255,837 254,218 251,225 434,349 433,457 Maine 67,900 68,702 T9,079 1,115 69,075 -597907 New Hampshire 29,164 66,749 66,287 #,255 29,382 66,587 Vermont 61,824 63,620 68,398 68,399 65,935 62,705 Massachusetts * 46,551 46,203 162,195 45,596 165,710 163,621 Rhode Island 666 1,794 1,791 1,789 805( 630 Connecticut* 40,563 67,960 40,990 70,1321 39,793 69,687 Middle Atlantic 2,944,939 2,965,560 2,885,5211 2,998,428 2,983,780 2,743,130 New York 962,334 1,068,363 1,087,252 1,030,546 1,097,655 1,092,123 New Jersey 670,960 620,321 714,960 675,563 723,505 712,873 Pennsylvania 1,153,071 1,165,435 1,139,995, 1,225,210 1,220,697 1,160,475 E. North Central 3,076,733 3,091,075 3,048,900 2,219,208 2,202,336 2,072,141 666,422 636,616 Ohio 668,951 788,570 796,746" 799,302 264,010 246,454 Indiana 274,740 484,938 479,386 497,930 Illinois 589,742 537,030 1,169,351 1,183,644 1,147,221 589,525 422,249 Michigan 424,582 363,886 352,942 399,369 355,951 261,410 Wisconsin 252,672 267,364 270,249 259,228 259,913 W. North Central 802,249 791,536 709,575 1,962,232 1,970,360 1,980,401i 295,404 268,609 Minnesota 309,286 300,903! 296,757 312,687 Iowa 131,030 121,627 324,7441 325,548 131,533 325,591 124,881 Missouri 107,921 124,035 358,676 361,367 42,896 37,094 84,641 43,249 86,454 North Dakota 48,890 48,467 42,351 108,619 111,189 South Dakota 112,237 50,942 Nebraska 52,786 304,738 303,212 311>962 51,837 81,031 488,892 105,102 96,918 466,341 Kansas 474,243 797,200 South Atlantic 1,471,111 1,473,601 1,419,345! 897,025 12,510 16,866 ~ 12,491 Delaware* 12,493 15,470 15,425 142,104 Maryland 152,496 184,037 187,191 151,397 175,970! 341,619 Virginia 374,184 310,770 362,930) 343,054 377,499 94,987 206,645 101,707 205,646 West Virginia 101,979 193,892| 51,824 North Carolina 131,300 127,012 127,092 51,522 52,533 22,050 South Carolina* 26,725 26,598 65.729 93,729 87,773 44,48l 44,124 Georgia 36,405 112,448 108,479 113,053 Florida 167,326 125,833 364,726 360,782 163,975 336,179 284,454 241,039 South Central 286,377 622,943 638,823 637,740 Kentucky 69,9*3 . ..'03 81.977 ' 116,446 117,004 Tennessee 101,779 165,876 169,'497 168,097 Alabama 162,221 56,062 71,418 70,952 161,713 156,457 Mississippi 15,823 15.978 13,275 49,521 49,027 47.730 W. South Central '8,921 295,265 364,539 1,965,172 1,954,397 1,983,360 Arkansas 42,453 146,461 50,616 50,507 145,320 150,315 63,044 62,332 Louisiana 51,309 148,239 159,405 159,787 69,981 86,019 85,278 Oklahoma 351,861 343,471 341,787 166,422 169,242 131,522 Texas 1,316,594 1,306,744 1,332,945 Mountain 277,290 259,897 684,758 275,538 715,836 693,971 Montana 64,472 190,816 190,318 195,028 77,198 77,947" 14,296 Idaho* 17,894 24,514 14,277 24,372 37,507 Wyoming 31,511 99,860 37,701 37,507 98,932 99,953 Colorado 83,861 241,544 77,230 237,227 236,571 83,339 26,846 New Mexico 29,698 29,827 103,091 96,635 99,672 Arizona 4,649 3,643 3,622 3,165 4,327 4,199 Utah* 26,048 36,450 26,058 27,677 27,528 41,379 Nevada 4,114 2,329 2,357 3,852 3,899 Pacific 178,665 181,274 234,281 270,053 179,791 233,555 Washington* 44,261 61,217 61,187 44,752 44,572 66,992 Oregon 20,294 19,918 40,819 39,460 45,072 19,170 California* 132,908 114,745 132,245 114,175 117,843 157,989 Alaska 3*420 2,900 3.022 3.421 2,900 2,756 ! §Si
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