The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM September 6, 1951 DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FIRST HALF OF AUGUST, 1951 : (Averages of daily figures 1/, In millions of dollars) ? 1 "u' Set Borrowings Demand Class of bank Gross demand deposits demand at Federal balances due Time Reserves with F. R. Banks deposits deposits from domestic and ! Total Inter- ! Other Total Required Excess banks 2/ bank ! Federal Reserve District All member banks 18,447 " W 3.76» U.5 19,207 87,176 %.715 30.187 5,905 Central reserve city banks: 20,034 1,884 36 125 4,934 4,921 13 New York I 21,663 3,817 17,846 114 4 1,298 4,458 1,112 1,294 Chicago ! 5,635 5,113 1,177 5 116 1,811 7,472 33,009 5,605 32,366 7,319 Reserve city banks " i 37,971 11,962 152 1,880 2 180 1,768 2 278 30 Boston ! 2,047 389 387 184 2 182 2 New York I 31 891 825 290 37 923 1 440 421 Philadelphia j 2,415 2,134 443 98 1,994 227 3 6 Cleveland ! 4,818 167 968 4,306 | 1,532 4,304 15 513 953 446 ill 14 2,030 Richmond ! 2,326 445 3 1,967 433 359 4 l4l 418 16 434 Atlanta 1,830 2,302 430 472 1,959 268 12 4,200 2,040 986 Chicago 4,852 540 4,312 962 23 6 St. Louis 2,188 1,881 403 94 9 338 1,595 ! 397 593 1 46 2 Minneapolis 164 284 192 189 1,075 897 791 j 3 1 ( 8 Kansas City 882 3,202 2,636 269 2,321 25 551 575 397 28 j Dallas 616 2,280 i 2,770 292 507 479 2,153 374 ! 67 6l4 San Francisco ] 9,054 8,440 258 1,945 1,929 17 7,979 j 5,545 Country banks 51 5.502 4.912 590 33.494 989 32,505 28.558 3.943 15.229 Boston 10 2,841 101 443 2,510 i 1,052 415 2,740 177 29 New York 1 906 20 84 4,426 | 822 5,007 1 99 350 4,907 3,372 Philadelphia 48 248 4o6 2,476 2,156 19 j 454 2,457 3 i 1,739 Cleveland 61 1 2,728 2,368 1 1,736 296 436 2,704 ! 497 23 Richmond 288 2,241 ill 2,130 1,867 ; 367 316 51 j 907 5 Atlanta ! 404 2,288 1 42 2,538 350 362 2,715 177 696 Chicago 826 4,061 615 4,685 ; 2,718 92 94 4,777 732 St. Louis 286 2 1,835 1,782 252 1,552 29 655 257 53 200 Minneapolis 1,407 1 67 1,238 1,473 249 217 32 729 Kansas City 44 1,918 2,336 65 2,271 289 393 333 i 348 3 Dallas 1 151 425 3,133 2,982 2,527 554 372 1 299 53 ^ San Francisco 220 1,931 30 1,901 1,647 313 289 23 3 1 979 NODS: Demand deposits adjusted (demand deposits other than interbank and United States Government, lbss cash items reported as in process of collection) of all member banks estimated at 77,500 million dollars. For numbered footnotes see next nage. J.1 V i 1 J.la DEPOSITS. RESERVES. AND BORROWINGS OF MEMBER BANKS - Continued (Averages of daily figures. In millions of dollars) Federal Reserve District ; Demand deposits except interbank . Time deposits 1st half 1st half i 2nd half 1st half 2nd half I 1st half Aug. 1951 July 19511 Aug. 1950 Aug. 1951 I July 1951Aug. 1950 Country banks in places with population of 15.000 and over 1/ 2/ Total Boston New York Philadelphia Cleveland Riclunond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 20.881 20,796 19.263 9,456 9.430 9,326 2,396 3,744 1,433 l,6l? 1,337 1,937 2,953 863 692 2,461 3,704 1,429 1,618 1,320 1,924 2,920 862 682 803 1,647 1,426 2,185 3,436 1,333 1,476 1,2431,818 2,651 815 692 777 1,439 1,350 843 2,288 828 932 46o 502 1,806 384 320 143 233 718 842 2,284 826 929 458 502 1,797 382 318 141 232 719 855 2,328 834 930 457 500 1,717 372 327 130 184 692 810 1,661 1,440 Country banks in places with POPU lation of les S than 15.000 2/ Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas 3an Francisco 1/ 2/ 11,624 11.454 11.124 343 1,164 1,024 1,088 793 342 1,147 1,001 1,079 779 593 1,704 906 702 1,431 1,315 455 321 1,063 949 1,040 760 556 1,626 882 698 1,465 1,325 438 601 1,733 919 715 1,462 1,321 461 : 5,773 5,743 5.659 209 1,084 911 8o4 447 194 912 271 410 205 66 208 1,079 907 801 446 193 907 270 408 204 66 255 211 1,064 907 788 438 185 886 267 416 190 61 246 261 Includes any banks in outlying sections of reserve cities which have been given permission to carry the same reserves as country banks. Classification by population is based on the 1950 census; comparative figures for 1950, previously reported on the basis of the 194-0 census, have been revised. Footnotes for preceding page (J.l): 1/ 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, 3/ Includes some interbank and U. S, Government time deposits; the amounts on call report dates are shown in the Member Bank Call Report, DEPOSITS. RESERVES. AND BCElROWINQfl 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.) Demand deioosits except interbank 1st half 2nd half 1st half Aug. 1951 July 1951 Aug. 1950 Time deposits 1st half 2nd half 1st half Aug. 1952 July 1953 Aug. 1950 Country banks in places with population of less than 15.,000 1/ Total, all States ll.Gpk.0k7 11,454*065 11,123,825 5.772.695 5,743,035 5,658,565 New England 219,845 213,774 223.960 361.192 360.187 341.787 Maine 58,929 r 56,659 53,856 55,394 5k,027 55,673 New Hampshire 52,178 24,376 47,336 24,514 Vermont 55,920 53*103 55,883 48,426 5^35^ 48,817 142,085 Massachusetts 129,772 139,990 48,364 1,482 Rhode Island 797 1,468 967 929 Connecticut * 60,093 58,665 34,917 33,289 33,439 59,306 Middle Atlantic 2,223,484 2,204,091 r 2,461.474 2.419.818 2.268.189 2.231.987 New York 816,186 705,720 699,303 % 751,317 707,844 823,513 New Jersey 512,218 542,156 504,041 490,489 507,793 1 , 0 7 ? ; ^ 1,061,476 Pennsylvania 1,004,654 1,016,350 1,013,723 1,014,299 f E. North Central 2.534.001 2,494,743 1,599.072 1,567,002 F 2,338,29? 1,606,452 Ohio 612,656 641,072 500,354 489,134 & 502,454 635,493 Indiana 170,887 ^ 174,779 409,042 387,013 417,751 175,334 Illinois 401,817 387,121 938,508 913,328 952,912 399,970 Michigan 299,818 5 308,921 301,409 306,716 277,103 291,945 Wisconsin 217,253 220,042f 220,857 198,295 219,755 217,926 W. North Central 1.817*277 501,982 504.991 f1.858,007 1.822,358 503,639 Minnesota 251,748 203,407 202,225 208,783{ 247,980 248,079 Iowa 89,113 ; 319,330 89,095 88,744 317,226 307,894 66,866 Missouri 308,728 292,121 66,527 64,679^ 303,239 North Dakota 29,127 76,301 29,076 30,283 L 77,759 80,524 South Dakota 119,620 117,947 118,236 27,189 27,170 Nebraska 44,498 329,845 321,975 45,165 315,040 Kansas 450,977 437,690 42,934% 43,457 43,075 455,383 1.108.722 1.092,532 South Atlantic 523.842C 1,044,284 544.297 542,164 Delaware 11,80£|18,834 11,894 18,787 11,856 17,344 Maryland 104,216 139,777 135,978 146,084 99,856 99,509 Virginia 311,289 305,706 218,972 209,392 jr 220,015 288,054 174,820 West Virginia 173,310 73,523k 166,959 74,737 74,527 111,210 North Carolina 4-5,266 109,321 104,132 43,293#' 45,275 South Carolina 71,634 16,202%: 70,201 68,506 16,040 16,155 Georgia 89,188 93,148 24,528#84,796 24,230 24,071 188,010 Florida 190,041 168,409 52,144 45,882f51,914 E. South Central 561.123 146.4181 550,933 149.261 539.711 148,305 Kentucky 247,837 44,218 243,773 244,617 43,641% 44,073 Tennessee 145,646 140,897 60,270 13.9,355 59,25f*f 59,506 Alabama 126,263 J5,09<f 125,081 36,178 118,333 36,088 Mississippi 41,182 41,377 37,406 a,42% 8,638 8,595 W. South Central 1,729.469 1.722.081 1,753,451 131,065 J J 0 , W . 122.922f 129,194 Arkansas 128,229 21,671 124,376 20,8#t 21,573 72,805 Louisiana 24,166 70,889 72,353 24,106 23)836.1 Oklahoma 307,983 307,360 330,855 34,195 34,037 30,621L 1,219,487 1,214,139 Texas 1,227,331 51,033 51,277 47,577& 649,489 Mountain 625,383 173,112 636,905 171.361 166,150 llountana 42,279 162,411 160,448 42,209 Idaho 40,883 43,919 43,354 12,301 % ! S Wyoming 90,259 89,152 84,720 18,756g 19,217 216,741 Colorado 216,806 51,173 210,594 49,884 43,141W New Mexico 75,452 71,073 10,68% 12,016 11,863 74,415 Arizona 5,446 5,403 4,428 1,156 1,170 l,050&t Utah 43,102 39,420 29,220 28,596 43,443 29,333 Nevada 8,420 8,133 7,545 5,511 5,330 5,500 Pacific 354,508 360.570 345,348 206.900 017 199.199 Washington * 75,907 75,086 38,207 78,520 38,006 38,656 88,744 Oregon 28,696 87,212 84,092 28,172 26,284 California 195,919 146,134 192,210 182,736 140,722 134,259 ?Sk. ttsp 1/ For footnote see preceding page regarding classification by population.