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 DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FIRST HALF OF AUGUST 1956 September 7, 1956 (Averages of daily figuresll In millions of dollars) Demand Reserves with F. R. Banks Borrowings Gross demand deposits Class of bank balances due at Federal Net demand Time and deposits from domestic Reserve deposits 2/ Total Required Excess Total Interbank Other Federal Reserve District Banks 6,209 112,391 12,864 99,526 41,495 18,573 18,022 551 97,268 All member banks Central reserve city banks: 22,242 -10 4,037 18,205 65 19,881 4,145 3,371 New York 4,135 1,304 111 1,227 4,694 5,240 1,112 -1 5,921 1,113 Chicago Reserve city banks Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 44,140 2,143 1,043 2,822 5,431 2,670 2,848 5,310 2,443 1,149 mi 11,533 6,271 296 38 459 513 391 599 575 683 325 838 833 721 37,869 1,847 1,005 2,363 4,918 2,280 2,249 4,735 1,759 624 2,441 2,636 10,812 37,75,4. 1,927 919 2,433 4,807 2,295 2,359 4,568 2,061 943 2,686 2,802 9,954 34,394 40,087 1,329 38,758 Country banks Boston 2,907 124 3,193 173IS New York 6,027 5,473 6,158 130 2,666 2,342 2,686 20 Philadelphia 2,819 Cleveland 3,165 3,190 25 2,206 Richmond 2,506 2,623 117 3,128 3,460 Atlanta 276 3,735 5,017 101 Chicago 5,762 5,663 1,801 2,056 2,115 St. Louis 59 1,438 1,605 1,676 Minneapolis 71 2,348 Kansas City 126 2,805 2,679 Dallas 2,992 244 3,434 3,678 1,922 2,240 2,204 36 San Francisco NOTE: Demand deposits adjusted (demand deposits other than interbank and United collection) of all member banks estimated at $88,320 million. For numbered footnotes see next page. 16,725 225 499 352 2,004 627 554 2,636 427 210 473 768 7,949 1.859 23 30 91 158 110 176 233 109 42 263 338 284 7.697 360 190 457 972 450 459 965 396 181 517 552 2,200 7.632 358 190 456 965 444 452 954 392 180 507 543 2,189 20,095 4,254 ?.628 5.132 186 408 1,192 421 4,254 869 923 g 2,016 412 382 2,168 447 287 493 1,242 296 367 327 1,123 467 474 432 880 3,766 790 695 824 281 274 257 221 961 244 194 650 409 314 362 613 613 458 390 218 1,285 295 313 States Government, less cash items reported 65 1 6 V 11 4 10 9 11 496 13 54 30 47 40 42 90 24 23 48 68 18 as in process of J.la DEPOSITS, RESERVES, AMD BORROWINGS OF MEMBER BANKS -- Continued (Averages of daily figures. District In millions of dollars) Demand deposits except interbank 1st half 2nd half 1st half Time deposits 1st half 2nd half 1st half Country banks in places with population of 15,000 and over l/ Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco 2,784 4,559 1,494 1,947 1,567 2,577 3,746 1,001 797 1,114 1,966 1,844 25,767 25,030 12,541 12,535 11,966 2,946 4,596 1,510 1,981 1,599 2,592 3,760 1,007 801 1,130 2,026 1,840 2,758 4,443 1,492 1,900 1,560 2,459 3,688 987 818 1,115 2,002 1,809 955 2,841 917 1,213 965 2,833 915 1,209 645 761 2,540 448 413 316 447 1,042 969 2,690 875 1,148 621 728 2,401 437 405 301 380 1,010 S 1 2,552 449 4i6 316 449 1,041 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 13,363 13,323 13,336 7,554 7,523 7,346 408 1,469 1,172 1,218 939 883 2,016 1,055 808 1,564 1,469 361 425 1,485 1,166 1,219 925 874 2,005 1,050 805 1,552 1,462 355 388 237 1,412 1,099 234 1,406 1,092 952 609 360 1,212 375 545 333 164 241 229 1,409 1,072 932 1,496 1,203 1,208 903 797 2,023 1,020 812 1,598 1,480 406 & 362 1,214 375 546 334 165 244 326 1,186 360 528 320 141 265 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): 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. "J. Ib DEPOSITS. RESERVES, AM) 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 1st half 2nd half 1st half Aug. 1956I July 1956I Aug. 1955 Aug. 19561 July 19561 Aug. 1955 Country banks in places with a population of less than 15,000 Total, incl.Alaska Total, all States New England 248,791 Maine * 64,867 63,245 69,907 67,900 67,511 71,775 New Hampshire 69,689 66,287 28,863 63,335 27,856 29,255 Vermont 62,705 65,505 59,858 65,935 66,155 65,959 Massachusetts 170,414 163,621 156,849 46,551 46,050 46,213 Rhode Island 804 805 1,791 1,768 779 1,792 Connecticut * 73,460 65,641 70,132 38,616 39,793 36,934 Middle Atlantic 2,885,521 2 , 8 9 6 , 2 8 3 2,945,902 2,743,130 2,729,590 2,712,366 New York * 1,030,546 1,0*57,532 1,046,255 962,334 955;553" #5,117 New Jersey * 620,321 714,980 706,004 731,403 615,843 615,859 Pennsylvania * 1,139,995 1,142,747 1,168,244 1,160,475 1,155,284 1,131,390 E. North Central 3,048,900 3,030,910 3,020,856 2,072,141 2,066,487 2,022,711 Ohio 636,616 786,344 788,570 620,614 778,373 633,984 Indiana 246,454 487,253 497,930 489,765 245,066 234,686 Illinois 1,147,221 1,145,970 1,111,674 537,030 535,029 518,989 Michigan * 380,562 399,369 400,261 350,575 355,951 397,458 Wisconsin 260,768 260,482 252,672 259,228 252,147 250,964 W. North Central 1,980,401 1,974,877 2,030,518 709,575 707,606 689,985 Minnesota 268,609 300,903 301,569 299,146 267,952 261,559 Iowa 121,627 324,744 336,201 325,533 121,547 121,052 Missouri 107,921 358,515 350,845 107,566 357,757 100,712 North Dakota 83,148 37,094 82,995 82,703 36,428 36,990 South Dakota 42,351 112,237 112,415 122,306 41,418 42,235 Nebraska 50,942 311,962 310,715 336,762 52,068 50,950 Kansas 488,892 81,031 483,893 80,366 502,555 76,748 South Atlantic 1,419,345 1,403; 797,200 1,332,993 748,887 793,950 Delaware * 18,870 lb,915 16,866 12,528 13,029 12,518 Maryland 142,104 175,970 173,788 171,614 141,839 134,693 Virginia 310,770 362,930 360,736 353,346 310,587 292,672 West Virginia 193,892 192,645 94,987 184,595 95,012 90,062 North Carolina 130,829 131,300 126,427 52,533 51,852 50,380 South Carolina 85,811 22,050 84,969 20,340 19,866 93,729 Georgia 106,072 108,479 36,405 104,957 36,260 33,549 Florida * 336,486 288,215 125,833 114,636 336,179 125,532 E. South Central 620,530 241,086 622.943 610,195 241,039 222,529 Kentucky 251,238 251,089 2577551 69,923 70,635 63,985 Tennessee 165,117 165,876 101,779 163,383 101,185 94,192 Alabama 56,062 150,209 155,365 156,457 56,031 51,580 Mississippi 48,810 13,275 49,521 48,752 13,235 12,772 W. South Central -,983,360 1,971,060 1,946,400 295,265 294,201 255,728 Arkansas 149,335" 42,453 139,931 42,427 150,315 30,255 Louisiana * 144,385 148,239 119,673 40,643 51,309 50,853 Oklahoma 69,981 351,861 349,983 337,419 69,528 63,962 Texas 131,522 112,868 1,332,945 1,327,354 1,349,377 131,393 Mountain 706,521 739,788 258,068 259,897 254,716 71%" ' Montana 64,472 195,028 192,847 64,245 193,173 58,576 Idaho * 36,901 17,894 40,233 17,807 37,507 17,972 Wyoming 31,511 98,699 28,548 98,970 99,953 31,351 Colorado 246,221 77,230 236,571 234,499 77,583 77,605 New Mexico 26,846 96,635 26,683 93,476 92,877 22,381 Arizona 4,649 3,165 6,087 5,952 1,786 1,955 Utah * 36,450 41,379 40,214 36,102 41,304 51,533 Nevada * 4,114 2,329 10,694 2,342 3,933 6,544 Pacific 181,274 270,053 265,299 295,253 180,563 194,801 Washington 44,261 66,992 ^573537 75,181 44,127 43,963 Oregon * 19,170 45,072 50,000 43,934 18,901 21,256 California * 117,843 157,989 155,014 170,072 117,699 129,418 Alaska 3,022 2,756 2,879 2,490 2,711 2,373