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- L55

J.l
Class of bank
and
Federal Reserve District
All Member Banks
Central reserve city banks:
New York
Chicago
Reserve city banks
Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
DEPOSITS, RESERVES, AND BORROWINGS OF MEMBER BANKS, FIRST HALF OF AUGUST, 1954
September 8, 1954
(Averages of dally figures l/. In millions of dollars)
Gross demand deposits
Demand
Reserves with F. R. Banks
Net
Time
balances due
demand
deposits
Total Required Excess
Total
Interbank
Otherfrom
domestic
deposits 2/
banks
109,237

13,246

95,991

94,922

23,031
6,142

4,067
1,373
6,554
311
36
463
559
394
573
600

18,963
4,770

20,846
5,546
36,736

42,396
2,143

1,000
2,813
5,253
2,486
2,709

5,128

2,480
1,284

361
939

35,843

1,832
964
2,350
4,695

2,092

2,135
4,528
1,755
923
2,449
2,523
9,597
36,416

1,957
890
2,473
4,663
2,154
2,286
4,494

2,122

1,082
2,806
2,755
9,054
31,794

38,851

6,917

18,574

17,649

926

3,659
1,287

4l
125

4,307
1,171

4,352
1,174

15,271
215
434
435
1,894
533
496
2,490
394
191
476
602
7,111

2,066

7,517
363
184
465
940
422
458
948
411

7,376

-45
-3
l4l

28
34
104
180
110
178
271
121
53

208

8
467
934
414
436
933
402
204
529
526
1,985

3
-2

6
7/

22
15
9
4

26
292
555
4l6
32
558
2,004
200
19
705
Country banks
832
37,668
181633
.,252
5,579_ 4,747
418
1*4
386
32
1,168
Boston
3,110
2,728
119
2.991
800
886
87
121
398
5,009
New York
3,969
5,678
5,558
410
360
49
280
20
2,209
1,897
Philadelphia
2,545
2,565
48o
405
2,012
316
75
Cleveland
2,895
2,922
27
2,535
360^
302"
58'
1,149
2,468
2,341
2,034
Richmond
127
329
368
441
439
Atlanta
229
2,675
3,221
2.992
939
724
870
4,608
740
101
3,422
Chicago
5,372
5,473
286
241
291
2,010
1,687
St. Louis
769
1,954
57
240
209
900
255
1,644
1,566
1,366
Minneapolis
78
83
302
472
385
Kansas City
136
2,655
2,276
2,791
577
106
464
711
358
202
Dallas
2
,
7
8
2
477
3,350
3,552
294
327
33
1,885
1,354
273
San Francisco
36
2,199
2,235
' NOTE: Demand deposits adjusted (demand deposits other than interbank and United States Government, less cash items reported as in process of
collection) of all member banks estimated at
84,350
million dollars.
For numbered footnotes see next page.




10,302

888

z

*

J.la

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

Federal
Reserve
District

In millions of dollars)

Demand deposits except interbank
Time deposits
1st half
1st half
2nd half
1st half'
1st half
2nd half
Aug. 1954 July 1954 Aug. 19531 Aug. 1954 July 1954 Aug. 1953
Country banks in places with population of 15,000 and over l/

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

23,646

23,495

23,304

11,536

11,486

10,740

2,634
4,216
1,419
1,737
1,436
2,277
3,435
953
782
1,073
1,912
1,722

2,640
4,147
l,4l8
1,729
1,470
2,250
3,423
952
775
1,072
1,908
1,712

2,609
4,180
1,478
1,764
1,500
2,229
3,390
932
768
894
1,842
1,716

943
2,646
856
1,093.
600
652
2,280
424
391
276
357
1,019

939
2,638
854
1,082
595
640
2,270
422
389
275
360
1,020

943
2,448
871
1,030
555
576
2,110
394
368
208
308
927

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

1/

12.770

12.628

12,663

7,098

7.069

6,653

357
1,342
1,125
1,159
855
715
1,937
1,001
783
1,582
1,438
476

352
1,311
1,105
1,154
846
707
1,917
1,002
770
1,565
1,432
465

359
1,277
1,133
1,174
874
687
1,909
1,011
765
1,578
1,401
494

225
1,323
1,042
919
549
287
1,142
345
509
302
121
335

224
1,316
1,036
917
547
288
1,139
344
505
300
122
330

224
1,214
1,005
877
511
252
1,069
317
478
274
104
329

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, AND 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. 1954 July 1954 Aug. 1953 Aug. 19541 July 19541 Aug. 1953
Country banks in places with a population of less than 15,000
Total, incl.Alaska 12,769,567 12,627,615
7,097,881 7,068,788
Total, all States 12,767,799 12,626,101 12,662,513 7,095,756 7,066,862 6,653,454
New England
380,609
375,912
380.426
241,543
240.326
238,293
Maine
57,652
62,084
62,902
56,57*7
62,277
New Hampshire
57,625
57,681
56,093
27,618
27,217
27,379
Vermont
56,510
57,195
56,355
61,415
63,653
63,699
Massachusetts
144,810
143,328
147,618
47,029
48,973
47,394
Rhode Island
849
, 736
1,636
, 7 #
1,654
1,554
Connecticut
62,803
62,591
58,615
3
6,070
38,707
38,901
Middle Atlantic
2,725,721 2,674,540 2,687,143 2,606,166 2,%%,843 2,462,788
New York
932,189
914,252
890,038
881,601 796,276
886,139
New Jersey
668,868
645,241
637,157
568,152
593,516
597,595
Pennsylvania *
1,124,664 1,115,047 1,159,948 1,122,432 1,118,726 1 , 0 9 8 , 3 6 0
E. North Central
2,852.970 2,831.921 2,840.904 1,951,839 1.946.819 1.838.543
Ohio
722,603
717,996
715,235
558,576
595,574
597,027
Indiana
458,156
459,143
460,119
222,647
210,149
223,271
Illinois
1,075,996 1,071,040 1,066,871
469,502
498,971
499,952
Michigan
340,732
351,311
348,075
377,489
379,408
355,177
Wisconsin
244,904
243,010
250,604
252,158
245,139
252,181
W. North Central
2,008,246 1,983,421 1,980,975
656,997
611,554
663,446
Minnesota
284,251
275,986
265,645
234,067
247,745
252,088
Iowa
346,981
343,536
328,321
118,768
108,516
119,012
Missouri
344,665
340,680
343,597
85,159
93,372
94,338
North Dakota
80,650
84,600
80,956
34,483
36,173
36,170
South Dakota
119,410
117,625
117,143
38,865
38,960
35,659
Nebraska
341,483
343,549
345,259
50,183
52,223
52,391
Kansas
488,434
480,544
499,327
69,851
70,487
63,487
South Atlantic
1,225,303 1,212.208 1.235.764
694,451
692.021
638.247
Delaware *
16,838
16,300
19,055
12,476
12,341
12,996
Maryland
159,374
156,951
159,708
124,485
125,036
114,556
Virginia
329,220
325,257
334,707
254,326
277,420
276,657
West Virginia
176,963
176,532
183,839
85,046
87,827
87,719
North Carolina
117,888
117,481
122,360
48,557
49,139
49,155
South Carolina *
88,300
87,407
89,774
18,704
19,563
19,532
Georgia
100,045
96,934
101,252
28,682
32,065
31,873
Florida
236,675
235,346
225,069
75,380
90,259
90,925
E. South Central
585.563
585,203
182,090
595.097
209,246
206,522
Kentucky
240,683
242,233
258,753
61,419
60,564
51,176
Tennessee
159,059
157,504
151,135
85,367
85,531
77,959
Alabama
l4o,4lo
140,847
139,767
48,602
50,722
43,655
Mississippi
45,411
44,619
45,442
11,738
9,300
11,825
W. South Central
1,907,165
1,857,513
225.409
226.156
191.821
Arkansas
137,366
136,932
136,367
27,661
33,136
33,336
Louisiana
106,845
105,677
97,196
32,582
36,430
36,599
Oklahoma
342,104
340,304
338,120
58,654
58,765
50,599
Texas
1,320,850 1,313,985 1 , 2 8 5 , 8 3 0
97,936
82,979
96,709
Mountain
717,753
710,334
218,613
691,485
237,841
238.534
Montana
189,182
188,259
184,758
54,158
49,459
54,281
Idaho
39,992
39,376
16,272
39,961
17,087
17,068
Wyoming
100,030
99,208
95,034
27,436
25,542
27,434
Colorado
229,768
233,985
226,924
67,439
73,344
73,858
New Mexico
84,832
84,534
83,568
16,201
17,932
18,013
Arizona
6,184
6,121
6,224
1,803
2,052
2,073
Utah
46,650
47,324
45,188
38,374
38,384
Nevada
16,120
16,522
9,828
7,458
7,423
Pacific
364,469
355,664
269.505
263.593
267.846
393,206
Washington *
73,942
44,700
77,102
43,654
46,018
Oregon *
6^623
66,638
35,604
95,078
45,900
35,370
California *
220,771
215,084
221,026
186,224
184,569
178,905
Alaska
1,768
1,514
1.926
2,125
for
FRASER

Digitized


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