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FEDERAL

V

RESERVE

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° DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FOR THE BIWEEKLY PERIOD ENDED SEPTEMBER 6, 1961
\
September 22, 1961
(Averages of daily figuresi/. In millions of dollars)
Demand
Reserves
BorrowGross demand deposits
Class of "bank
Net demand
balances
Currency
Time
With
ings at
and
deposits 2/ deposits due from
U. S.
F. R. and coin Required Excess
InterF. R.
F. R. District
total
Govt.
dom.bks.
Banks
bank
Banks
All member banks
103,004
65,826
46
121,492
6,710
16,633 3/2,505 3/18,569 37 568
103,222
4,895
13,375
Cent. res.city bks.:
New York
4,230
18,300
3,608
"23,klk
19,720
7,078
98
163
1
945
3,477
32
Chicago
286
1,207
4,496
1
960
5,234
30
930
5,989
1,933
97
-Reserve city banks
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

47,460
2,299
1,039
2,985
5,653
3,144
3,343
4,398
2,463
1,324
3,337
3,803
13,672

6,527
330
49
491
547
419
676
604
664
377
842
904
624

1,955
84
52
122
291
118
110
276
90
69
121
130
493

38,978
1,886
938
2,372
4,814
2,607
2,558
3,518
1,709
878
2,374
2,769
12,555

39,878
2,045
908
2,510
4,947
2,653
2,671
3,707
2,038
1,067
2,670
2,989
11,671

25,631
303
738
853
3,245
1,017
1,112
2,514
672
- 328
837
1,407
12,605

1,915
20
34
100
181
121
239
l6l
123
4l
252
373
270

7,156
335
160
407
872
4i6
455
647
345
185
454
533
2,347

780
19
27
51
112
77
50
94
31
11
36
4o
232

7,86l
353
187
457
978
489
496
737
370
192
482
564
2,556

74
1
1
1
5
5
9
3
6
3
8
10
23

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

44,569
3,637
7,028
2,953
3,203
2,654
3,984
7,263
2,203
1,881
3,186
3,922
2,654

1,412
131
1201
29
26
113
254
160
61
84
147
242
45

1,709
173
326
142
145
102
120
273
71
74
ll4
79
91

41,448
3,333
6,583
2,782
3,033
2,439
3,6lO
6,829
2,071
1,723
2,925
3,601
2, 518

38,171
3:164
6,276
2,558
2,766
2,223
3,353
6,206
1,884
1,599
2,669
3,175
2,296

31,184
1,556
6,462
2,892
2,830
1,658
2,004
6,469
1,217
1,436
1, 242
1,379
2,038

4,601
200
370
286
335
302
485
8o4
27 6
222
454
654
214

5,069
346
878
345
375
271
400
9 00
246
237
356
4io
304

1,531
129
240
132
145
113
l4i
247
70
51
73
103
87

6,i4o
457
1,076
452
473
350
503
1,068
287
264
382
450
377

461
18
42
26
46
35
38
78
29
24
46
63
13

For numbered footnotes see next page.




9
1
4
3

1
--

36
3
4
3
1
4
4
10
1
3
3
1

J.la

DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS -- Continued
(Averages of daily figures.

s

Demand deposits except interbank
Time deposr
and U. S. Government
Aug. 24- Aug.10-23, Aug. 25Aug. 24- Aug.10-23, I Aug. 25Sept.6,1961
) Sept.6,196l
1 Sept .7,I960
1961
1961

1

Federal
Reserve
District

In millions of dollars)

Country banks in places with population of 15,000 and over 1/ 2/
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

29,382

29,703

28,537

21.457

21,399

19,377

2,959
5,446
1,701
1,940
1,575
2,854
5,04o
1,074
895
1,329
2,275
2,294

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

2,870
5,334
1,613
1,946
1,540
2,835
4,795
1,074
871
1,282
2,143
2,233

1,265
4,9#
1,457
1,610
879
1,505
4,987
662
685
618
1,031
1,821

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

1,170
4,652
1,295
1,515
821
1,360
4,318
600
630
530
842
1,645

Country banks in places with pojjulation of less than 15,000 2/
Total
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

12,067

12,090

11,870

9,728

9,707

9,100

374
1,137
1,081
1,092
864
757
1,789
997
828
1,597
1,327
224

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

367
1,139
1,095
1,105
831
725
1,769
979
809
1,532
1,296
224

290
l, 524
1,435
1,221
780
499
1,482
555
752
624
348
217

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

280
1,467
1,365
1,160
734
442
1,385
507
717
539
302
204

permission to carry the same reserves as country "banks; also includes member
banks in Hawaii.
2/ Classification b y population is based on the i960 census; comparative figures
for i960,previously reported on the basis of the 1950 census, have been revised.
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 dcme stic banks.
3/ Revised weekly figures compared with those given in published weekly statements:
Cash
allowable as
reserves
Aug. 30
Sept. 6
Sept. 13P/
Sept. 20P/
p/ Preliminary.

2,606
2,403
2, 542
2,589




Required
reserves
18,566
18,573
18,609
18,871

Excess
reserves

Free
reserves

594
541

588
579

561
535

lb
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS -- Continued
(Averages of daily figures; in millions of dollars. Comparability of figures
is affected somewhat b y 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
uiGtion of less
Aug. 24- IAug.10-23, Aug. 25- j Aug. 24- Aug.10-23, J Aug. 25then 15, 000 2/
Sept .6,1961
Sept.7,196() Sept.6,1961
1961
1961
!Sept.7,1960
Total
12,066.6
12,090.3
9,1U) 3
11,869-8
9.707.3
9.727.7
Total, all States
12,060.3
12,084.5
11,863-6
9,090.3
9,695-0
714.0
New England
280.3
290.0
366.7
373.9
375-7
290.3
Maine
74.0
62.1
74.0
58.7
58.9
74.1
New Hampshire
62.0
60.8
63.0
39.0
35-3
39-2
Vermont
96.2
54.0
55-2
55.1
99-7
99.8
Massachusetts
160.4
162.8
52.1
154.3
53.9
53.8
Rhode Island
Connecticut
36.5
23.4
22.7
37.0
23.4
35.5
Middle Atlantic
2,472.9
2,486.7
2,504.1
3,162.1
3,287.1
3,294.6
New York *
749.9
743.4
961.9
739.2
927.3
965.5
New Jersey
728.1
817.8
721.1
868.7
703.9
870.8
Pennsylvania *
1,012.6
1,008.7
1,417-0
1,056.8
1,456.5
1,458.3
E. iter th C> -ntral
2,746.7
2,546.6
2,736.5
2,713.9
2,552.8
2,399.9
0ha.o
b91.ti
689.6
693.4
735.2
777.8
775.9
Indiana
475.5
473.6
465-3
341-5
342.2
315.2
Illinois
1,000.9
998.0
981.8
630.8
588.9
631.7
Michigan
500.2
330.4
474.3
340.7
332.9
502.2
Wisconsin
241.1
245.6
236.5
298.2
286.3
298.9
W. North Central
1,931.0
964.0
1,884.9
1,045-1
1,933.4
1,047.1
Minnesota
311.1
311-6
300.4
344.6
344.4
332.2
297.1
144.1
300.2
295.6
152.9
152.7
Missouri
156.0
174.1
332.8
331.9
331.0
174.6
North Dakota
76.1
52.4
79-2
77.8
50.5
52.5
South Dakota
125.4
121.8
127.2
65 .2
70.7
70.9
Nebraska
306.1
306.0
82.2
69.2
297.3
82.7
Kansas
478.4
146.8
168.4
456.4
485.9
169.1
South Atlantic
1,259.0
1,264.0
1,024.0
1,199-8
1,025.1
941-5
Delaware
4.0
4.1
3.8
4.7
3.7
4.7
Maryland
101.8
102.4
102.7
126.0
117.7
126.2
Virginia
380.6
424.8
366.2
405.9
379.7
425.3
West Virginia
184.6
128.2
182.5
183.3
139.3
139.5
North Carolina
98.0
51.1
96.3
91.3
55.9
55.6
South Carolina
112.2
108.2
40.8
100.5
40.8
38.4
Georgia
91.6
62.2
69-2
93.0
97.6
69.7
Florida
288.1
255.0
163.3
295.7
133.9
163.3
E. South Central
589.1
326.4
584.0
358.6
576.7
359.0
Kentucky
102.1
224.9
227.7
92.6
225.9
102.2
Tennessee
I63.O
160.2
145.6
164.9
135.2
145.9
Alabama
141.6
142.5
i4i.o
86.1
86.0
77-3
Mississippi
51.6
50.6
24.8
21.3
24.9
55.9
V. South Central
1,849.6
1,804.4
1,856.4
514.2
587.4
585.7
Arkansas
154.8
152.0
84.5
143-7
73-8
85.5
Louisiana
98.6
50.1
96.0
97.6
52.9
53-0
Oklahoma
400.2
l4i.8
160.2
389.1
395.8
160.5
Texas
1,205.6
1,203.0
1,174.0
288.1
248-5
288.4
Mountain
680.1
649.6
402.6
403-1
679.0
359.4
Montana
184.9
182.8
110.6
182.7
120.1
119.7
Idaho
26.0
26.7
17-6
25.9
16.3
17.7
Wyoming
108.8
54.0
107.9
IO5.6
59.9
59.9
Colorado
244.0
120.0
96.6
243.0
219.5
120.3
New Mexico
82.4
81.8
82.4
40-3
37-2
40.3
Arizona
4.4
4.2
4.4
5.7
5.5
5-9
Utah
26.7
26.0
27.2
37.4
35-3
37.3
Nevada
2.7
2.1
2-5
3-8
3.9
3.9
Pacific
163.1
154.8
142.5
163.7
163.5
155.1
Washington
44.0
52.8
50.2
46.9
51-5
47.1
Oregon *
25.1
28.8
21.9
25.3
19-7
19.8
California
54.2
51.1
58.0
53.1
51.5
57.9
Alaska
30.2
31.9
32.9
25.1
33-4
30.3
Virgin Islands
6.5
6.1
12.6
5-7
13.7
9-7