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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, SECOND HALF OF AUGUST, 1951
(Averages of daily figures \j. In millions of dollars)

J.l

Class of bank
and
Federal Reserve District

Gross demand deposits
Total

j

Interbank

Other

Net
demand
deposits
2/

Time
deposits
3/

Demand
balances due
from domestic

86,960 1 30,246 1
87,306
98,818 | 11,511
All member banks
Central reserve city banks:
1,876
20,020
17,780
21,559
3,779
New York
1,112
5,682
4,529
5,139
1,153
Chicago
33,108
11,993
38,121
32,532
5,589
Reserve city banks
Boston
1,853
179
1,747
2,019
272
New York
290
891
825
921
31
Philadelphia
2,118
227
411
2,403
1,992
Cleveland
1,541
4,328
4,663
512
4,351
Richmond
2,024
445
1,961
2,318
357
Atlanta
432
1,966
2,308
471
1,837
Chicago
2,043
4,343
4,235
4,877
534
St. Louis
1,886
1,610
2,190
580
339
164
Minneapolis
886
1,069
792
277
400
Kansas City
2,678
2,366
3,251
885
Dallas
372
2,843
2,205
2,315
638
San Francisco
620
5,560
8,438
9,058
28,692
Country banks
15,265
33.454
32.465
990
Boston
1,055
2,846
2,747
2,517
98
New York
4,417
4,849
4,946
3,379
97
Philadelphia
1,743
2,480
18
2,462
2,173
Cleveland
1,738
24
2,730
2,705
2,377
Richmond
112
1,873
2,243
2,132
913
Atlanta
696
2,283
2,688
181
2,506
Chicago
4,688
2,727 :
4,093
4,779
91
St. Louis
653 |
1,774
i 1,825
1,555
52
Minneapolis
1,247 !
729 1
68
1,405
! 1,473
Kansas City
349 :
1,931 ;
2,269
2,332
63
Dallas
300
2,570
154
3,029
;
3,183
San Francisco
983
1,898 !
1,657
31
1,929
JNOTE: Demand deposits adjusted (demand deposits other than interbank and United States
of collection) of all member banks estimated at 77,300 million dollars.
For numbered footnotes see next page.




5,771

September 21, 1951
Borrowings
at Federal
Reserve
Banks

Reserves with F. R.. Banks
Total

Required

1 19,143 1 18,492 11

Excess
652

1

288

4 ;,918
-2
!
45
32
j 4,915
1
1,,300
113
1,297
7
-3
144
187
1,821
: 7,485
7j,341
1
386
381
26
5
184
182
1
34
|
3
1
2
438
437
100
j
6
166
!
958
13
971
16
6
432
108
!
447
14
419
139
7
j
433
260
i
11
970
17
987
11
402
!
11
398
91
5
48
187
2
1
189
5
1
560
18
19
I
578
276
485
30
309
1
515
1 ,932
24
264
1,956
115
1
4 ,933
5,446
49
3,804
513
4l6
28
443
1
7
179
886
821
65
316
|
15
40
409
449
1
6
234
1
1
496
288
437
59
40
283
317
!
358
7
2
361
33
331
395
81
1
1
817
589
737
284
241
27
257
3
218
1
.
245
27
193
4
291
38
380
,
329
378
561
:
4#
52
1
291
211
313
23
Government, less cash items reported as in process

c
J.la

DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS - Continued
(Averages of daily figures. In millions of dollars)

F e d e r a l (
Reserve
District

Demand deposits except interbank {

Time deposits

2nd half 1st half 2nd half 2nd half 1st half 2nd half
Aug. 1951 Aug. 1951 Aug. 1950 Aug. 1951 Aug. 1951 Aug. 1950
Country banks in places5 with population of 15,000 and over

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

20,828
2,398
3,694
1,437
1,621
1,337
1,914
2,957
863
689
807
1,678
1,435

20,881
2,396
3,744
1,433
1,617
1,337
1,937
2,953
863
692
810
l,66l
1,440

19,299
2,209
3,412
1,396
1,496
1,241
715
3,747
810
689
773
1,466
1,344

Q.ILAI

845
2,292
830
931
464
502
1,812
386
319
144
234
721

—/

9,456
843
2,288
828
932
460
502
1,806
384
320
143
233
718

9,314
853
2,328
832
928
456
499

1,716
372
325
130
185
690

Country banks in places with popu.Iation of less than 15,1300
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

11,637
349
1,156
1,025
1,084
795
593
1,732
911
716
1,462
1,351
463

11,624
343
1,164
1,024
1,088
793
601
1,733
919
715
1,462
1,321
461

11,039
326
1,049
947
1,037
751
1,618
545
871
690
^,450
1,320
434

5,784
210
1,087
913
807
449
194
915
267
410
205
66
262

5,773
209
1,084
911
804
447
194
912
271
410
205
66
261

2/

5,649
211
1,064
906
787
437
184
685
266
413
189
61
245

l/ Includes any banks in outlying sections of reserve cities which have been
given permission to carry the same reserves as country banks.
2/ Classification by population is baaed on the 195° census; comparative figures
for 1950, previously reported on the basis of the 1940 census, have been
revised.
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.

|
\
|
J

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.

|
|
f

3/ Includes some interbank and U. S. Government time deposits; the amounts on call
report dates are shown in the Member Bank Call Report.

|
|




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 designated by an asterisk.)
Time deposits
Demand deposits except interbank
2nd half
1st half
2nd half j 2nd half
1st half
2nd half
Aug. 19511 Aug. 19511 Aug. 19501 Aug. 19511 Aug. 19511 Aug. 1950
Country banks in places with population of less than 15,000 1/

Total, all States 11,636,950 11.624.0V7 11.038,526 5.781iA68
New England
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut *
Middle Atlantic
New York
New Jersey
Pennsylvania
E. North Central
Ohio
Indiana
Illinois
Michigan
Wisconsin
W. North Central
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nebraska
Kansas
South Atlantic
Delaware
Maryland
Virginia
West Virginia
North Carolina
South Carolina
Georgia
Florida
E. South Central
Kentucky
Tennessee
Alabama
Mississippi
W. South Central
Arkansas
Louisiana
Oklahoma
Texas
Mountain
Montana
Idaho
Wyoming
Colorado
New Mexico
Arizona
Utah
Nevada
Pacific
Washington *
Oregon
California
1/ For footnote

221,300
361,192
3^6,411
56,481
56,055
54,027
55,741
24,732
51,514
52,519
53,997
56,203
47,574
52,656
52,358
49,206
142,085
131,057
144,589
1,488
984
797
773
58,801
33,616
59,148
59,306
2,238,161
2,455,133 2,461,474 2,250,769
708,673
813,737
823,5'3
739,093
511,057
563,#Q
560,493
509,153
1,077,436 1,077,468 1,002,523 1,018,431
1,608,409
2,529,170 2.534,001 2,381,697
641,072
612,891
505,153
638,901
173,482
411,988
417,751
383,711
400,613
952,912
906,655
953,991
310,715
304,166
301,409
279,419
218,446
220,124
220,857
199,021
503,595
1,855,815 1,85b,007 1,798,832
203,307
249,178
251,748
243,939
89,240
319,330
304,470
317,557
67,-222
308,728
289,418
308,585
28,974
78,692
77,759
79,681
27,208
119,620
117,318
119,693
44,636
329,845
316,548
331,309
43,008
450,801
450,977
447,458
546,274
1,105,025 1,108,722 1,029,108
11,932
18,687
18,834
17,214
100,439
142,156
139,777
145,340
221,005
311,507
311,289
280,761
74,808
174,820
163,666
172,590
110,848
45,252
111,210
104,763
16,130
71,634
69,896
73,229
24,297
92,441
93,148
83,734
52,411
188,010
163,734
183,567
148,795
561,123
530,267
554,962
44,182
244,677
247,837
240,051
59,778
143,874
145,646
138,032
36,207
126,263
115,641
125,839
8,628
40,572
41,377
36,543
131,669
1,755,595 1,729,469 1,738,803
129,194
121,695
21,637
127,862
72,805
69,212
24,287
71,646
307,983
324,658
34,447
306,272
51,298
,249,815 1,219,487 1,223,238
649,489
620,093
172,854
652,587
42,340
158,065
166,150
167,729
12,356
44,469
40,835
43,919
19,334
82,996
89,574
90,259
50,600
216,781
218,093
216,741
12,089
70,416
75,688
75,452
1,164
4,464
5,324
5,446
29,490
43,204
43,102
38,703
5,481
8,506
8,420
7,828
213,411
342,546
360,570
361,759
38,419
75,907
79,913
77,761
"8,744
62,920
28,566
89,523
146.426
195,919
179,713
194.475
see preceding page regarding classification by
366,904




5,772,695
219,845

5,649,084

224,14?
59,000
55,673
24,185
24,514
54,208
55,920
49,510
48,817
1,482
1,519
35,025
33,439
2,231,987 2,203,289
699,666
707,844
490,660
507,793
1,016,350 1,012,963
1,606,452 1,565,133
502,454
488,799
170,683
175,334
385,884
401,817
300,274
308,921
219,493
217,926
502,403
503,639
206,847
203,407
88,900
89,095
66,866
64,536
29,946
29,127
26,712
27,189
42,381
44,498
43,081
43,457 '
527,511
544,297
11,815
11,894
104,441
99,856
209,018
220,015
72,793
74,737
45,266
43,075
16,130
16,155
24,230
24,277
45,962
52,144
145,298
149,261
44,218
43,389
60,270
58,781
34,742
36,178
8,386
8,595
122,437
131,065
20,873
21,671
24,166
23,645
30,625
34,195
47,294
51,033
r%),473
173,111
41,20*4
i-2,279
12,11'5
12,355
19,286
18,745
42,868
51,173
12,016
10,650
1,170
1,050
28,481
#,333
5,3:0
5,500
198,393
213,037
38,207
36,555
28,696
25,422
134,416
146,134
population.