The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Supplement to
BANKING &
MONETARY
STATISTICS
SECTION 1
Banks and the Monetary System
BOARD OF GOVERNORS OF THE
FEDERAL RESERVE SYSTEM
Preface
In 1943 the Board of Governors published
Banking and Monetary Statistics to make available in one place and on a uniform basis major
series relating to banking, monetary, and other
financial developments. The statistics usually
covered the period from 1914, when the Federal Reserve System was established, through
December 1941.
To bring together for the period since 1941
the most important series in that volume, to
revise the data previously published, and to
present new series, the Board is publishing a
series of pamphlets. Most of these pamphlets
correspond to sections in Banking and Monetary Statistics, but some may cover new subjects. Most of the data included in these
pamphlets have already been published in the
Federal Reserve Bulletin, and current figures
for most of the series are published in it each
month. In some instances, however, the type
of presentation may vary considerably from
that in the Bulletin.
This is one of the new pamphlets. As in
Banking and Monetary Statistics, there is a
brief description of the purpose and history of
the data, the sources of the figures and the
methods by which they were compiled, and
other facts to guide the reader in using the
figures. Much of the information that is customarily included in footnotes to tables has
been incorporated in the text. Footnotes have
been used for the most part to call the reader's
attention to any lack of comparability of items
over the period covered.
Board of Governors
of the Federal Reserve System
Washington, D. C.
October 1962
Price per copy, 35 cents.
Contents
Page
INTRODUCTION
CONSOLIDATED CONDITION STATEMENT
1
2
The Component Statements
The Consolidation Process
Composition of Items
Sources of Discrepancies
2
3
4
4
MEASURES OF THE MONEY SUPPLY
5
Types of Deposit Holders
Timing of Data
Eliminating Duplication
Seasonal Adjustments
Comparative Levels
6
7
7
7
8
NUMBER AND CLASSIFICATION OF BANKS
Classification
Coverage and Changes in Coverage or Classification
TABULAR COMPARISION OF MONEY SUPPLY SERIES
8
9
10
12
TABLES:
1. Consolidated Condition Statement for Banks and the Monetary System,
Varying Dates, 1941-60
2. Money Supply and Related Data, Varying Periods, 1947-60
3. Principal Assets, Liabilities, and Number of Banks:
A. Commercial and Mutual Savings Banks, Varying Dates, 1941-60
B. Commercial Banks, Varying Dates, 1941-60
C. Mutual Savings Banks, June and December Call Dates, 1941-60
4. Number and Deposits of Commercial and Mutual Savings Banks,
by Class of Bank, June and December Call Dates, 1941-60
5. Changes in the Number of Commercial Banks, by Class of Bank and
by Character of Change, 1941-60
6. Number of Banks on the Par List and not on the Par List, by Federal Reserve
District and by Class of Bank, 1941-60
14
20
23
26
29
30
32
34
Banks and the Monetary System
THE BANKING AND MONETARY SYSTEM pro-
vides the economy with a unique source of
liquidity and a means of payment and serves
as a major channel for the movement of savings
funds into investment. Because of the importance of these functions to the economy, information about the nature and behavior of
bank credit and money is essential to an understanding of economic developments.
Primary responsibility for regulating the
flow of bank credit and money in the United
States is vested in the Federal Reserve System.
The discharge of this responsibility requires
detailed, accurate, and current information concerning the economic situation in general and
the workings of the banking and monetary system in particular. Consequently, the Federal
Reserve System over the years has continually
sought to improve the quality of the basic
monetary data collected and of the analytical
measures constructed from these data.
Since the publication of Banking and Monetary Statistics in 1943, numerous revisions and
analytical reformulations of the reported data
have been undertaken. The most recent was
the revision of the daily-average money supply
series in 1962. Further revisions and improvements are to be expected in the future. The
purpose of publishing this section at the present
time is to provide in one place a consolidation
of all the changes that have been made in the
series over the last two decades and to provide
a convenient reference point for future changes.
The most important advance in the availability of basic monetary data during the past two
decades has been the introduction of three new
statements in which banking and monetary
data are consolidated. One is the consolidated
condition statement of the banking and monetary system, introduced in 1948 (Table 1). In
that statement the asset, liability, and capital
accounts of the private banking system—the
commercial and mutual savings banks—are
presented consolidated with the assets, liabilities, and capital accounts of the monetary system—the Federal Reserve Banks, the Exchange
Stabilization Fund, the Postal Savings System,
and the gold and Treasury currency accounts.
From this statement can be obtained a picture
of the banking and monetary system of the
United States as a whole and of the channels
that connect the banking and monetary institutions of the country with the Federal Reserve
System.
Secondly, in 1960 the Federal Reserve introduced a new measure of the money supply,
based on averages of daily figures, to supplement for certain analytical uses the series on
the money supply that had been appearing as
an adjunct to the consolidated condition statement. The new daily-average money supply
series, as revised in 1962, is shown in Table 2;
the old money supply series, related to the
consolidated condition statement and calculated
for a single date each month, appears in Table 1.
A third, more comprehensive method of
presenting financial data developed by the
Board in recent years is the series of flow of
funds accounts, which present financial flows,
as well as assets and liabilities, not only for
the banking system but also for other major
sectors of the economy—nonbank financial
institutions, nonfinancial businesses, consumers,
governments, and the rest of the world.1
There has also been a major improvement
in the basic data collected from the private
1
A comprehensive description of the concepts, methodology,
and statistical information contained in these flow of funds
accounts is set forth in Flow of Funds in the United States,
1939-1953 (Board of Governors of the Federal Reserve System, 1955). These data are published on a quarterly basis in
the Federal Reserve Bulletin.
banking system. Up to 1947 there were no
completely consistent figures for all commercial
and mutual savings banks by class. The
Comptroller of the Currency, the Board of
Governors of the Federal Reserve System, and
the Federal Deposit Insurance Corporation
were compiling somewhat different balancesheet statistics for banks. In that year the
three agencies worked out an arrangement for
the Federal Deposit Insurance Corporation to
compile a uniform series of statistics for all
banking institutions. Such uniform data were
first released semiannually. Beginning in April
1961 information has been reported on a
quarterly basis for all insured banks. Drawing
upon these integrated data and earlier historical
records, in April 1959 the Board of Governors
published a set of revised commercial and
mutual savings bank series, prepared with the
active collaboration of the other two Federal
agencies. The program also received the cooperative interest and support of State bank
supervisors.2
of all commercial and mutual savings banks in
the United States, Federal Reserve Banks, the
gold and Treasury currency accounts and the
Exchange Stabilization Fund (except for these
accounts the Treasury is not included as a part
of the monetary system), and the Postal Savings System.4 The consolidated assets of all
banks and the monetary system consist of the
monetary gold stock, the item of Treasury currency (a major component of which is the
monetary silver stock), and earning assets
held in the form of loans, U.S. Government
securities, and other investments. The principal
liabilities are the currency outside banks and
bank deposits owned by others than banks. In
the process of consolidation most transactions
among the components are eliminated, for
example, interbank deposits and interbank
loans.
The component statements. The component
parts of the consolidated condition statement
are consolidated statements for each of these
groups or accounts. The following paragraphs
describe the nature of the statements.
CONSOLIDATED CONDITION STATEMENT
Commercial and mutual savings banks. The con-
solidated statement of commercial and mutual savings
The consolidated condition statement (Table
banks (Table 3-A) is based largely on weekly report1) first appeared as a part of a study of money
ing member bank figures and on the semimonthly
flows in an article in the January 1948 Federal reports of deposits, loans, and investments received
from all other member banks. Monthly data for nonReserve Bulletin; since June 1949 the statemember banks are based on estimates. Call report
ment has been published regularly in the
data are used as benchmarks, and figures are partially
Bulletin*
estimated except on December and most June call
dates. Estimates are prepared semimonthly, but up
The consolidated condition statement is a balto the present the midmonth data have not been
ance sheet of the monetary system as a whole,
published in the Bulletin, but they appear in the
showing the asset, liability, and capital accounts
Board's release, "Assets and Liabilities of All Banks
2
The historical banking data published in this section have
not been revised to reflect the changes embodied in the new
commercial and mutual savings bank series, and consequently
some minor differences exist between the two.
For further discussion of the development of the statistics
and for data for years before 1941, see the following publications of the Board of Governors of the Federal Reserve
System: Banking and Monetary Statistics (1943), Section I,
and3 All-Bank Statistics, United States, 1896-1955 (1959).
The composition of a few items in the consolidated condition statement differs slightly from the description in the
article by Morris A. Copeland and Daniel H. Brill, "Banking
Assets and Money Supply Since 1929" (pp. 24-32 of the
January 1948 issue of the Bulletin). Stock of Federal Reserve
Banks held by member banks is included in other securities
and in capital and miscellaneous accounts, net, and balances
of the Postal Savings System and the Exchange Stabilization
Fund with the U.S. Treasury are netted against capital and
miscellaneous accounts, net, instead of against U.S. Government deposits and Treasury cash.
in the United States" (G.7).
Federal Reserve Banks and the gold and Treasury
currency accounts. The need for including in the
consolidated statement for the banking system data
from the Federal Reserve System and the Treasury
arises from the fact that both institutions are important sources of money held by the public. The
pertinent statistics concerning the Federal Reserve
Banks are drawn from the consolidated statement of
condition of all Federal Reserve Banks, which is
prepared and published weekly as a part (H.4.1a)
of the release entitled "Factors affecting Bank
Reserves and Condition Statement of F. R. Banks"
and also published in the Bulletin. The basic statistics
4
For coverage and classification of banks, see pp. 8-11.
relating to the monetary functions of the Treasury
are released in the Circulation Statement of United
States Money issued monthly by the Treasury. Because of the interrelated nature of monetary transactions and accounts involving both the Treasury and
the Federal Reserve Banks, and the effects of many
such operations upon bank reserves as well as upon
public holdings of money, a report combining the two
underlying statements is issued weekly as another
part of the release referred to above (H.4.1). This
too is published in the Bulletin. This combined report
serves as an alternative source of the ingredient accounts for the consolidation of Treasury and Federal
Reserve operations into the consolidated condition
statement of the entire banking system.
The Exchange Stabilization Fund. The Exchange
Stabilization Fund was established under the Gold
Reserve Act of 1934. Because this Fund is involved
in various Treasury operations in the international
monetary field and because it operates with gold, it is
included within the accounting structure of the monetary system. The quarterly balance sheet of the Fund
is published in the Treasury Bulletin; monthly data
are received by the Board directly from the Treasury
for the consolidated statement.
The Postal Savings System. The Postal Savings
System has been in operation since 1911. Summary
data of the assets and deposits of the System are
published in the Annual Report of Operations of the
Postal Savings System for each fiscal year. Monthly
estimates of the principal items are received by the
Board directly from the Post Office Department.
The consolidation process. As indicated
earlier, the balance sheet of the banking and
monetary system is a consolidation rather than
a combination of the accounts of the components. In the process of consolidation most
of the relationships among the components are
eliminated. The purpose of the statement is to
emphasize the relationship of the monetary system as a whole to the rest of the economy.
For example, the financial aspects of this
relationship are isolated by offsetting certain
tangible assets, such as bank premises, furniture
and fixtures, and other miscellaneous assets,
against miscellaneous liabilities in a separate
item (capital and miscellaneous accounts, net).
The consolidation process does not adhere
to usual accounting procedures in all instances.
Some deviations from conventional methods are
necessary in order that the consolidated totals
may agree with some of the important published measures of bank credit, deposits, Treas-
ury currency, and Treasury cash. Certain
asset and debt relationships are not eliminated
but rather are carried forward to the consolidated account. In some instances these unconsolidated items are recorded on both the asset
and liability sides of the consolidated account.
In other instances they are recorded as liabilities and negative offsets against liabilities.
In addition, a few accounts are eliminated
that do not represent transactions between
components of the monetary system. However,
the amounts in these accounts are generally
small and stable. These and other important
deviations from a theoretically pure consolidation procedure are discussed in more detail
below.
Intersector and intrasector consolidation. The relationships eliminated in consolidation include member
bank reserves, interbank deposits and loans, and intrasector currency holdings. Member bank reserves are
part of the currency and deposit assets of the commercial and mutual savings bank sector and are eliminated
in consolidation by also removing Federal Reserve* liabilities for such reserves. Other claims eliminated in
consolidation are interbank deposits and interbank
loans. All of these items represent relationships that
can be specifically identified. However, paired items
are not usually of the same size on the books of the
debtor and the creditor. These differences, usually
arising from differences in timing of the two reports,
contribute to the discrepancy in the consolidated
account. The discrepancies are not shown separately
but are incorporated in the item, capital and miscellaneous accounts, net.
Some intersector claims cannot be specifically
paired off for elimination in the consolidation process.
Elimination is accomplished by adding all such liabilities not identified by holder (other liabilities of
banks, other Federal Reserve accounts, other liabilities of the Postal Savings System, and liabilities of
the Exchange Stabilization Fund) and offsetting them
against the assets not identified by sector of liability
(other assets of the banks, Federal Reserve float, and
special cash accounts and receivables of the Postal
Savings System and of the Exchange Stabilization
Fund). This process yields essentially the same total
as would be achieved in a specific consolidation
process.
Some intersector claims are not eliminated in consolidation. Federal Reserve stock, an asset of the
member banks and a liability of the Federal Reserve
System, is carried to the consolidated account where
it is recorded as an asset and also as a miscellaneous
liability. This treatment has been followed from the
beginning of the series to keep the item, other securities, in the consolidated statement consistent with the
item, other securities, in the commercial and mutual
savings bank series.
Similarly, the gold reserve underlying United States
notes, which is both an asset and a liability of the
Treasury monetary funds, is retained in the consolidated account. It is included there as part of the
Treasury currency assets and as part of the currency
liability of the sector shown under Treasury cash.
It is also included in the asset item, gold stock, and
the liability item, currency in circulation, and is,
therefore, recorded a second time in the consolidated
statement in the items, gold stock and currency outside banks. Although this results in double counting
(in 1960 a constant $156 million), the consolidated
statement items, gold stock and Treasury cash, are
kept consistent with published figures for bank reserves and related items, gold stock, and Treasury
cash holdings.
Special treatment. Special treatment is also accorded some relationships with other sectors—the
gold holdings (that is, the "active" gold) of the Exchange Stabilization Fund, the deposits of domestic
banks in foreign banks, currency held by banks in
territories and possessions of the United States, and
deposits of the Postal Savings System and the Exchange Stabilization Fund with the Treasury.
The nonmonetary gold held by the Exchange
Stabilization Fund (included in the Fund's special
cash accounts and receivables)—the active gold—is a
gold asset of the monetary system not included in
the monetary gold stock. However, it is classed in
the consolidated sector account as a negative liability rather than as an asset and is included in the
item, capital and miscellaneous accounts, net.
Deposits of commercial banks in foreign banks are
not recorded as assets of the consolidated account
but are deducted from deposits of foreign banks in
domestic commercial banks and Federal Reserve
Banks to yield the item, foreign bank deposits, net.
Banks in territories and possessions of the United
States are not part of the banking sector, and currency held by them is not automatically eliminated
from currency liabilities in the process of consolidation. Therefore, to conform to the traditional series
on currency outside banks, which excludes currency
held in banks in such territories and possessions, such
items are excluded from the currency liabilities of the
monetary system (that is, from the item, currency
outside banks) and are included instead in the item,
capital and miscellaneous accounts. The amount involved is small; it was about $20 million as of December 31, 1960.
Deposits of the Postal Savings System and the Exchange Stabilization Fund with the Treasury are not
recorded under assets in the consolidated statement.
They are netted against the item, capital and miscellaneous liabilities.
Composition of items. The resulting statement, after these consolidations and nettings
are performed, includes, on the asset side,
monetary reserves and bank credit (bank loans,
net, and investments), and, on the liability
and capital account side, essentially the currency and deposits and other debts owed by
the banking system to others.5
The asset side. Gold includes the monetary gold
stock; the monetized silver is a component of Treasury
currency assets. In addition to the monetary silver
component of Treasury currency assets, the Treasury
currency item includes the gold reserve against
United States notes, deposits made with the Treasury
for the redemption of Federal Reserve Bank notes
and national bank notes, and the credit of the United
States securing both minor coin in circulation and that
part of the United States notes outstanding not backed
by the gold reserve. The remaining assets represent
loans (net of bad debt reserves) and investments in
Federal obligations, State and local obligations, and
corporate securities.
The liabilities and capital account side. The banking system's net liability for deposits and currency,
the capital accounts of commercial banks, and miscellaneous liabilities make up the other side of the
statement. Currency outside banks excludes domestic
bank vault cash and currency held by banks in territories and possessions of the United States. Demand
deposits adjusted exclude interbank demand deposits
and U.S. Government demand deposits and are net
of cash items in the process of collection. Time deposits adjusted exclude U.S. Government and interbank time deposits and Postal Savings System balances with banks. Treasury cash includes the Treasury's
working cash balance of currency and coin, the balances in the gold and silver general funds (the "free"
gold and silver), and the gold reserve against United
States notes.
The capital account and miscellaneous liabilities
item includes paid-in capital and other capital accounts of commercial banks and Federal Reserve
Banks, reserve accounts of mutual savings banks,
the amounts owed by commercial banks to their
foreign branches, the liability of the monetary system
for currency and deposits held by banks in the territories and possessions of the United States, the
capital stock of the Exchange Stabilization Fund, and
other miscellaneous liabilities of the monetary system.
Also it has been reduced by certain asset items
carried in the consolidated account as negative liabilities—Federal Reserve float, the active gold and
deposits of the Exchange Stabilization Fund with
the Treasury, and the discrepancies arising when items
that should offset each other exactly are not equal.
Sources of discrepancies. In the process of
consolidating the asset and liability accounts
5
For further detail on these items than that given in this
description, see "Member Bank Reserves and Related Items,"
Section 10 of Supplement to Banking and Monetary Statistics.
for the components of the banking and monetary system, discrepancies arise when items that
should offset each other exactly differ in
amount because the reporting procedure does
not allow for the lapse of time necessary to
complete the recording of certain interbank
transactions or because the reports are not
rendered on the same date. In addition, clerical
and reporting errors of various kinds are no
doubt responsible for some of the differences
between the various reported items.
Time lag. The liability item of member bank reserves, as it appears on the books of the Federal Reserve
Banks, is larger than the amount the banks report as
an asset item, reserves with Federal Reserve Banks,
because of the time lag between the book entries of
the member banks and the Federal Reserve Banks.
Similarly, at June and December call dates, when
the classification of loans is reported and tabulated
for all banks, the amount of loans to banks reported
by the banking system frequently is larger than
reported borrowings by banks. The main causes of
a difference in this direction appear to be (1) at the
close of business on a call date the borrowing accounts of banks paying off obligations during the day
have been reduced by the amount of the repayments,
but corresponding entries cannot be made on the
books of the lending institutions until payment is received, which is sometimes the next day or later; and
(2) loans by U.S. banks to banks in foreign countries
are appropriately included in loans by the U.S. monetary system, but there is no offsetting item of borrowing within the system.
On the other hand, some factors tend to offset the
excess of reported loans over reported borrowings.
For example, a part of the borrowings may be from
nonbanking institutions. If so, that portion of the
borrowings should remain as a liability instead of
being eliminated in the consolidated statement, but
the amount of such outside borrowings, if any, is
unknown. Also, until October 11, 1957, when instructions were revised, sales of securities under repurchase
agreements were reported as borrowings by the
creditor banks, while purchases of securities under
resale agreements were reported as securities held
by the debtor banks; hence there were no offsetting
figures in their loan accounts.
Reporting dates. Another source of discrepancy
is the use of last-Wednesday-of-the-month data for
commercial banks, Reserve Banks, and Treasury accounts (except for December and most June call
dates), and of last-business-day-of-the-month data for
mutual savings banks and Exchange Stabilization
Fund accounts, and, through June 30, 1956, for the
Postal Savings System accounts. Beginning with
July 1956, data for the Postal Savings System are
reported as of Friday every four weeks. However,
the dollar volume of most postal savings items is
small and is declining monthly. Consequently rounding may eliminate most of the discrepancy.
MEASURES OF THE MONEY SUPPLY
Money performs the essential economic functions of providing a medium of exchange, a
readily available store of value, and a standard
of value. Monetary transactions and the financial instruments used in effecting them take a
variety of forms, and many types of claims
other than currency and demand deposits may
serve to provide part of the public's total
liquidity requirements. However, the only instruments that perform all of the functions of
money are the public's holdings of coin, currency, and demand deposits in banks.
This concept of the money supply does not
deny the significance of time deposits or of
other types of savings instruments or, for that
matter, the importance of changes in the public's holdings of less liquid assets. Even the
most liquid of these other types of assets, however, must generally be converted into money,
as defined here, before being used in economic
transactions.
The stock of money is constantly being
extinguished through the payment of debts at
banks, and new money is being created through
the extension of new bank credits. The volume
of money that the public chooses to hold—in
its pockets, in tills, and in deposit accounts—
varies from time to time relative to its holdings
of other assets and to the total volume of
expenditures in the economy. Public demand
determines the proportion of the money supply
held in the form of currency and the proportion held on deposit in banks.
The Federal Reserve System has primary responsibility for regulating the total volume of
money available to meet the public's demands.
In performing this function the System requires
an accurate, frequent, and promptly available
measure of the money supply. Throughout its
existence the Federal Reserve has collected
and published data on the money supply.
The first long-term series on the money
supply used by the Federal Reserve was that
published in Table 9 of Section 1 of Banking
and Monetary Statistics. This table shows data
for both demand and time deposits of banks
and for currency for June call dates for the
period 1892-1922 and for June and December
call dates for 1923-41. Data for later years
have appeared regularly in the Bulletin.
In early 1948 the Board of Governors released the first materials on the consolidated
condition statement for the banking system.
This statement related currency and deposit
liabilities of the banking system to banking
assets. A year later the Board began to publish data for the consolidated statement each
month. Data on the money supply, previously
available only for call dates, were thereafter
also available as a part of this consolidated
statement.
Each of these measures of the money supply and related items was as of a single date.
Although there are advantages in being able
to relate the components of the money supply
to specific dates for purposes of comparison
with other financial variables similarly measured, statistics as of a single date are subject
to variabilities which complicate interpretation.
To provide a more refined measure for use
in analyses focusing essentially on the performance of the money supply itself and on its
relation to aggregate flows or other variables
relatively free of the hazards of single-date
measurement, the Board in late 1960 introduced a new measure of the money supply
based on averages of daily figures. Some further
refinements of this average series were published
in the summer of 1962. The following sections
describe this new series (Table 2), and indicate
how a number of conceptual and technical
changes that were made in it have resulted in
modest differences from the historical singledate series. The single-date series continues to
be useful for such purposes as comparisons with
associated levels and movements of particular
bank assets and nonbank financial claims. To
facilitate this type of use, the single-date series
is shown adjacent to the other components of
the consolidated condition statement of the
banking system in Table 1.
The Federal Reserve Board's quarterly flow
of funds accounts include a single-date measurement of the money supply that is identical in
definition to the daily-average series. In the
flow of funds accounts the tables on the commercial banking and monetary authorities sector
show demand deposit and currency liabilities
subdivided into three categories: due to the
U.S. Government, due to the rest of the world,
and due to others. The sum of the entries for
due to the rest of the world and due to others is
identical in coverage to that of the daily-average
series: both series include foreign balances with
Federal Reserve Banks, which are excluded
from the single-date series. A detailed comparison of the coverage of the flow of funds
series, the monthly single-date series, and the
monthly daily-average series is given in the table
on page 12.6
Types of deposit holders. The daily-average
series—like the single-date series—defines the
money supply as the total of the public's holdings of coin, currency, and demand deposits
in banks. The two series differ in coverage
largely in their treatment of demand deposits
and vault cash of certain types of institutions
and their treatment of banks and branches in
territories and possessions.
The daily-average series, like the single-date
series, includes demand deposits held in commercial banks by financial institutions, such as
savings and loan associations and life insurance
companies. However, the daily-average series
includes in addition demand deposits at commercial banks due to mutual savings banks,
banks in U.S. territories and possessions, and
foreign banks. It also contains foreign demand
deposits at Federal Reserve Banks, including
6
For a comprehensive description of the flow of fund series,
see the source cited in note 1 on page 1. For a more detailed
account of the differences between the other series than that
given below, see "A New Measure of the Money Supply"
{Bulletin, October 1960, pp. 1102-23) and "Revision of Money
Supply Series" {Bulletin, August 1962, pp. 941-44).
those due to foreign governments, central banks,
and international institutions. These deposits
are excluded from the single-date series.
Amounts due to these institutions represent
cash available for investment in much the same
way as balances of other financial institutions
and involve no duplication of funds held by
others.
The daily-average series includes currency
held by financial institutions other than domestic commercial banks, thus paralleling the treatment of the demand deposits owned by such
institutions. The single-date series, on the
other hand, excludes the vault cash of mutual
savings banks and currency held in the possessions of the United States. Both series exclude
cash held in the vaults of domestic commercial
banks.
Both series exclude commercial interbank
deposits, because such deposits involve double
counting; deposits "due to" commercial banks
are matched by "due from" accounts at other
commercial banks and the two accounts cancel
each other when the statements of all commercial banks are consolidated.
Both series also exclude deposits of the Federal Government but include those of State
and local governments. U.S. Government deposits are excluded primarily because these
deposits do not represent money in the hands
of the public and have little influence on the
expenditures of the Federal Government. However, deposits of State and local governments
exhibit economic characteristics not unlike deposits of large private economic entities.
Timing of data. The daily-average series is
presented in Table 2 on both an annual and
monthly basis for ready comparison with other
financial statistics reported for similar periods.
The series is available in the Bulletin as
monthly and semimonthly averages. Weekly
data are also published for recent years but
have not yet been adjusted for seasonal variation.
Data in the single-date series on the money
supply refer to the last Wednesday of the month
except in December and for most June dates,
when call report data are used.
Eliminating duplication. In the daily-average
series duplication has been reduced still further
than it has been in the single-date series. In
the daily-average series both cash items in
process of collection, as reported on the books
of the banks, and Federal Reserve float, derived
from Federal Reserve statements, are deducted,
whereas only cash items in process of collection
are deducted from the single-date series.
Unadjusted or gross deposit figures contain
a sizable element of duplication because checks
are added to the accounts of payees before they
are subtracted from the accounts of issuers.
Deducting cash items in the process of collection, as recorded on the books of commercial
banks, makes a partial correction for this
double counting. An additional adjustment
is made by deducting Federal Reserve float,
which represents items in the process of collection by Federal Reserve Banks. A study of
float indicated that an important proportion of
these items arises from causes that lead to appropriately deductible float. Both of these adjustments for double counting in the gross deposits figures tend to overcorrect the figures
somewhat, but they improve the adjusted series
as an unduplicated measure of deposits.
Although these changes improve the series,
the problem of duplication has not been fully
solved either statistically or conceptually. The
residual duplication, however, does not appear
large enough, nor are changes in it great
enough, to impair the usefulness of the data
for most analytical purposes.
Seasonal adjustments. Seasonal adjustments
to the money supply series remove the normal
seasonal movements in demand deposits and
currency holdings of the public, thus making it
easier to see any unusual changes in these items
and in the total money supply.
Daily-average series. Average demand deposits
normally rise to a seasonal peak in the second half
of December, declining thereafter through the first
quarter, and reaching a seasonal low in the second
half of May. Seasonal movements in demand deposits
have changed substantially in the postwar period. A
major influence was the provision for speeding up
Federal corporate income tax payments, which began
in 1951 and which was completed in 1960. Another
factor was the shift from March 15 to April 15 in
the date for final settlement by individuals of their
Federal income tax payments.
The seasonal movements in currency held by the
public are not quite so strong as those in demand
deposits. Currency's low point comes in the second
half of February; it rises to a seasonal high in the
second half of December.
The daily-average data are seasonally adjusted by
ratio-to-moving-average methods. Seasonal factors for
demand deposits were derived by a method long
used by the Federal Reserve, in which judgment
as well as mechanical computation is employed.
Factors for the currency component were derived
by Census Method II, utilizing an electronic computer.7
Single-date series. The amplitude of seasonal movements in the single-date series is greater than that
in the daily-average series. Demand deposits in this
series normally rise to a seasonal peak in December
and decline thereafter to a seasonal low near the
end of March. The months in which variations in
the date of the last Wednesday appear to affect
significantly the level of demand deposits in the hands
of the public are March, June, October, and
December. In March adjustments are made when
the last Wednesday falls on the 30th or 31st, largely
because April 1 is the date for the assessment of the
personal property tax in Cook County, Illinois, and
many individuals and businesses reduce their bank
deposits temporarily and put their funds in other
assets, particularly short-term U.S. Government securities. Adjustments for December are made when
the last Wednesday is affected by large withdrawals
over the Christmas holiday and by the sharp year-end
rise that partly reflects window dressing by businesses
for their annual statements. Small adjustments in
deposits are also made for June and October.
Currency in the hands of the public also tends to
vary with the date on which the last Wednesday falls.
Most of the special adjustments in this series are
made for months in which the last Wednesday is a
holiday or the day before a holiday, e.g., Christmas,
Thanksgiving, or Memorial Day.8
7
For descriptions of these methods, see "Adjustment for
Seasonal Variation" (Bulletin, June 1941, pp. 518-28), and
Julius Shiskin, Electronic Computers and Business Indicators,
Occasional Paper 57, National Bureau of Economic Research,
New York, 1957. The Method II computer program was
adapted wherever necessary to apply to semimonthly as well
as monthly data. For further details on the seasonal adjustment process and the seasonal factors used, see "Revision
of 8 Money Supply Series," cited earlier.
For further details on the adjustment process and for the
seasonal factors used, see "Revised Series for Seasonally
Adjusted Money Supply" (Bulletin, February 1960, pp. 13336). The special adjustment in the seasonal factor for
Mar. 30, 1960, shown on p. 135, note 3, of that article has
been revised from —0.9 to —0.5. The new factor is 97.9.
Comparative levels. The daily-average series
is considerably higher than the single-date
series, but the difference in the general levels
of the two series is relatively stable. This
difference reflects mainly the net effect of
adding commercial bank demand deposits due
to mutual savings and foreign banks to the
daily-average series, of deducting Federal Reserve float, and of adding foreign balances at
Federal Reserve Banks.
Short-term movements in the two series
occasionally show significant differences. These
differences reflect principally the wide fluctuations in single-date figures. Some of these variations are characteristic of particular days of
the week or of the month; some are due to
the influence of holidays, some to the incidence
of tax or dividend payment dates; some may
at times reflect weather conditions. The use of
averages of dailyfigures—whetherfor a month,
a half month, or a week—smooths most of
these differences.
The table on page 12 compares the coverage and treatment of some of the data used
in the two series. The coverage and treatment
of the same data in the flow of funds accounts
are included for reference.
NUMBER AND CLASSIFICATION
OF BANKS
The nongovernmental part of the banking
system of the United States is made up of
thousands of separate institutions, some chartered by the Federal Government, some by the
States. In addition, there are some private
banks, about 85 in 1960, but they are now few
in relation to the total number of banks and
they hold a negligible portion of total bank
assets. These institutions, although more numerous in earlier years, were excluded from
many of the previous series. For example, they
were excluded from Table 14 of Banking and
Monetary Statistics but are included in the
otherwise comparable Table 5 here.
In these series, a private financial institution
is included as a bank if it accepts deposits from
the general public or if it conducts principally
a fiduciary business. This definition conforms
to the definition used by the Comptroller of the
Currency, the Federal Deposit Insurance Corporation, and the Board of Governors of the
Federal Reserve System in the commercial and
mutual savings bank statistics published beginning with 1947. Under this definition certain
types of banks previously excluded, such as
private banks, were thereafter included, and
there were some changes in classification. But
the changes had little effect on data for the
years 1941-46 shown in this section.9
The definition of a bank underlying the data
for the years before 1947 is "a financial institution which accepts money from the general
public for deposit in a common fund, subject to
withdrawal or transfer by check on demand or
on short notice, and makes loans to the general
public." Under both definitions building and
savings and loan associations, personal loan
and other small-loan companies, credit unions,
mortgage companies, sales finance companies,
insurance companies, Federal Reserve Banks,
and credit agencies owned in whole or in part
by the Federal Government are excluded.
In arriving at the number of banks, the unit
is a single bank, including any branches;
branches are not counted separately. However,
banks joined through ownership or control by
a common holding company are counted as
separate banks.
Classification. In this section banks (other
than Federal Reserve Banks) are classified in
three ways: by supervisory jurisdiction; by
function, that is, broadly by the type of deposit
business handled; and by whether they charge
or do not charge for clearing checks. Classification by supervisory jurisdiction depends
partly on the incorporation of the bank, whether
under Federal or State law; partly on whether
the bank is a member in the Federal Reserve
System; and partly on whether its deposits are
insured (Tables 3-6).
9
For complete descriptions of the types of institutions
included and of those excluded, see the 1956 Annual Report
of the Federal Deposit Insurance Corporation, pp. 88-89.
National banks. National banks are incorporated
under Federal law and operate under the supervision
of Federal authorities only. All national banks in
the United States are required by law to be members
of the Federal Reserve System and of the Federal
Deposit Insurance Corporation.
State member banks. Banks organized under State
laws may be admitted to membership in the Federal
Reserve System upon complying with certain prescribed conditions. State member banks of the Federal
Reserve System, with minor exceptions, are required
to be members of the Federal Deposit Insurance
Corporation. State member banks are subject to both
Federal and State supervision.
Insured nonmember banks. State banks that are
not members of the Federal Reserve System may be
admitted to Federal deposit insurance upon meeting
certain prescribed conditions. These banks also are
subject to both Federal and State supervision.
Noninsured banks. These banks do not come under
Federal supervision. They include banks chartered
under State laws, which are subject to State supervision, and private banks, which are generally not
supervised by any banking authority.
Broad classification of banks by function
based on the type of deposit business they primarily conduct divides banks into two categories: commercial banks and mutual savings
banks (Table 3).
Commercial banks. Commercial banks are banks
whose business includes the holding of checking
accounts and other deposits subject to withdrawal on
demand, and the making of short-term, self-liquidating loans to commerce, agriculture, and industry.
(They may also, and usually do, hold time and savings
deposits as well.) Commercial banks include both
Federally chartered and State-chartered institutions.
The second group includes State commercial banks,
nondeposit trust companies, stock savings banks, industrial banks, and cash depositories. Private banks
also fall into this category. Most commercial banks
are Federally insured, some are not.
Mutual savings banks. With a few minor exceptions, mutual savings banks carry only savings and
other time deposits, and they invest their funds primarily in mortgage loans and securities. All of them
are State-chartered institutions, and they exist in only
a few States; most are in the northeastern section of
the United States. Many are Federally insured.
The Federal Reserve Act provided for a
system of check collection through Federal
Reserve Banks to eliminate the undue expense
and delay which up to that time were involved
in check collections in nearly all parts of the
country. Under this system the Federal Reserve
Banks receive and forward for payment checks
drawn on member banks, all of which are
required to remit at par, and on those nonmember banks that have agreed to remit at par.
commercial banks. During 1941 three mutual
savings banks became members; these banks
are included in both member bank figures and
insured mutual savings bank figures. (One
withdrew from membership in 1960, a second
in 1961, and the third in 1962.) They are not
included in the total for commercial banks and
are counted only once in the total for all banks.
One noninsured, nondeposit trust company is
also included in the member bank series. A
few noninsured banks for which asset and
liability data are not available are included in
the number of banks.
Beginning with December 1947 the series
were revised as announced in November by the
three Federal bank supervisory agencies. At
that time a net of 115 noninsured nonmember
commercial banks with total loans and investments of $110 million were added, and 8 banks
with total loans and investments of $34
million were transferred from the noninsured
mutual savings bank to the nonmember commercial bank category.
In addition to these specific changes, and the
organization of new banks, the comparability
of figures for classes of banks is affected somewhat by changes in Federal Reserve membership, Federal insurance status, mergers, and so
forth. The following paragraphs describe in
detail the various types of changes (Table 5).
Par list. The statistics of banks on the par list and
not on the par list (Table 6) include all banks on
which some checks are drawn, except for the few
mutual savings banks that carry demand deposits,
and exclude banks on which no checks are drawn.
Banks on the par list include all member banks and
those nonmember banks that have agreed to remit
at par. Banks not on the par list are nonmember
banks that have not agreed to pay without deduction
checks forwarded for payment through the Federal
Reserve Banks. Checks on such banks are not collectible through the System. The total number of
nonmember banks in Table 6 differs somewhat from
the number of nonmember banks shown in other
tables of this section largely because Table 6 excludes
and the other tables include banks on which no
checks are drawn, principally industrial banks and
trust companies without deposits.
Coverage and changes in coverage or classi-
fication. The statistics in this section include all
nongovernmental banks in the United States.
All banks in Alaska have been included since
it was admitted to statehood in January 1959,
and all banks in Hawaii since it was admitted
in August of that year. Their deposits were
$172 million and $386 million, respectively,
on the call date before admission.
Apart from three national banks that are
members of the Federal Reserve System, one
in Alaska (included since April 1954), one in
Hawaii (included since April 1959), and one
in the Virgin Islands (included since May
1957), these tables do not include data for
banks in territories or possessions of the United
States, and therefore the figures differ from
those published by the Comptroller of the Currency for national banks and by the Federal
Deposit Insurance Corporation for insured
banks. Branches and agencies of foreign banks
doing business in the United States are generally excluded. Assets and liabilities of branches
of domestic banks outside the United States are
also excluded.
All commercial banks include all Federal
Reserve member banks and all nonmember
commercial banks. Stock savings banks and
nondeposit trust companies are included with
A primary organization represents the chartering
of a newly organized bank except when the issuance
of a new charter is incident to a consolidation,
merger, absorption, succession, or conversion of a
going bank.
A conversion represents the issuance to an active
bank of a national charter to supersede a State
charter under which it has previously been operating,
or of a State charter to supersede a national charter.
Only simple conversions looking toward permanent
operation under the newly issued charter and involving no other change in status are included in this
category. Some conversions are effected merely as a
necessary legal step in a consolidation, merger, or
absorption, the new charter being surrendered shortly
after the conversion. Such cases are considered consolidations or absorptions rather than conversions
unless the temporary bank's existence runs over the
end of the calendar year. In this event it is counted
as a conversion in the year in which the change in
charter occurs and as a consolidation, merger, or
10
absorption in the year following when the newly
issued charter is surrendered. This is done so that the
status of changes will agree, insofar as practicable,
with the number of banks shown in the year-end
abstracts of condition reports.
A suspension represents the temporary or permanent closing of a bank to the public by supervisory
authorities or by the bank's board of directors because
of financial difficulties.
A reopening of a suspended bank represents the
resumption of operations of a previously suspended
bank. Even if the bank reopens with a new name and
a new charter, the action is still classed as a reopening
rather than as a primary organization.
A consolidation or absorption represents the corporate union of two or more going banks into one
bank that continues under a single charter, either
a new or old one. The term is used in an economic
rather than a legal or technical sense, the essential
consideration being that the business of two or more
going banks becomes concentrated under one charter
and one management. Banks absorbed by other banks
and converted into branches are counted as consolidations or absorptions. The classification also includes
cases in which two or more banks absorb another
bank and then distribute its business among themselves or in which the assets and liabilities of a
weak bank are transferred to another bank to avoid
suspension. The banks that go out of existence
or are converted into branches because of consolidations or absorptions are counted; the continuing
or absorbing banks are not counted.
A voluntary liquidation represents the voluntary
discontinuance of operations and the surrender of its
charter by an active bank. However, voluntary liquidations legally incidental to conversions, consolidations, or absorptions are included in one of those
categories, not in this one. For example, if a bank
transfers most or all of its assets to another bank
under an agreement whereby the second bank assumes
its liabilities, the change is counted as a consolidation
or absorption, not as a liquidation.
An admission to or a withdrawal from Federal
Reserve membership represents a case where a
State bank joins or leaves the Federal Reserve System. A few State banks are organized with the intention of becoming members before opening for business. Such banks are counted both as primary
organizations of nonmember banks and as admissions
to membership under increases in State member
banks and under decreases in nonmember banks.
Unclassified changes are those changes that cannot
be classified elsewhere because of special circumstances involved in the change or because of a lack of
essential data.
11
TABULAR COMPARISON OF MONEY SUPPLY SERIES
Sector or data
Daily-Average Money Supply Series: Consolidated Condition Statement
Commercial bank demand deposits
for Banks and the Monetary
and currency in circulation outside
System (CCS):
the Treasury, Federal Reserve Demand deposits adjusted and
Banks, and commercial banks.
currency outside banks.
Flow of Funds/Saving Accounts:
Commercial banking and monetary
authorities sector; demand deposits,
net, and currency liabilities (excluding "due to U.S. Government").
1. Type of data
Average of daily figures for semimonthly (and weekly) periods.
Last Wednesday of the month
except for December and most
June dates when call report data
are used.
Values on last day in year or
quarter and change between dates.
2. Timing of data
Opening of day.
Close of day.
Close of day.
3. Geographic coverage of data
United States. 1
Same as CCS.
United States.1
United States.
Same as CCS. 1
4. Banks in territories and
possessions
A. Demand balances with
U.S. banks (an asset of
banks in territories and
possessions)
Included in demand deposit liabilities. (Not deducted as an interbank
item.)
Excluded; since the counterpart
(due to banks in territories and
possessions by U.S. banks) is subtracted from "gross demand deposits."
Included in demand deposit liabilities. (Not deducted as an interbank item.)
B. Currency and coin held
(as asset of banks in
territories and possessions)
Included in circulation
banks.
Excluded.
Included in currency liabilities of
consolidated banking system.
C. Demand deposit liability
(a liability item of banks
in territories and possessions)
Excluded (except for member banks
in Alaska and Hawaii reporting
deposits and related items before
statehood; see Item 3, CCS).
Excluded (except for member banks
in Alaska and Hawaii reporting
deposits and related items before
statehood; see Item 3 in this
column).
Excluded from demand deposit
liabilities (except for member banks
in Alaska and Hawaii reporting
deposits and related items before
statehood; see Item 3, CCS).
Excluded. Series covers only commercial banks.
Included in banking sector.
Excluded from commercial banking
sector.
A. Demand balances with
U.S. banks (an asset of
the mutual banks)
Included in deposit liability of
commercial banks and thus in
money supply figure.
Excluded; netted out when "deposits due to banks" are subtracted
from "gross demand deposits."
Included.
B. Currency and coin held
(an asset of the mutual
banks)
Included as currency in circulation.
Excluded.
Included.
C. Demand deposits (a liability item of mutual
banks)
Excluded from commercial banking deposit liability.
Included in demand deposits adjusted.
Excluded.
6. Foreign demand deposits of
individuals, partnerships,
and corporations with U.S.
commercial banks
Included in deposit component of
money supply series (not identified separately).
Included in demand deposits adjusted (not identified separately).
Included in demand deposits and
currency; a liability to rest-of-world
sector.
7. Foreign bank demand balances with U.S. commercial
banks
Included in deposit component of
money supply series (not identified separately).
Part of "foreign bank deposits,
net." The CCS nets "due from"
foreign banks against "due to"
foreign banks.
Included in demand deposits and
currency; a liability to rest-of-world
sector.
8. Foreign balances with Federal Reserve Banks
Included as part of deposit component.
Part of "foreign bank deposits,
net," except deposits of international agencies.
Included as part of demand deposits and currency; a liability to restof-world sector.
9. Federal Reserve float
Deducted from gross demand deposits; therefore lessens the demand deposit component.
Entered as a negative item in
"capital and miscellaneous accounts, net"; does not reduce
demand deposits adjusted.
Netted against gross demand deposits; therefore lessens the series
on "demand deposits, net."
5. Mutual savings banks
1
outside
Banking coverage in the Consolidated Condition Statement is described on pages 8-11.
12
1.
CONSOLIDATED CONDITION STATEMENT FOR BANKS AND THE MONETARY
[Single-date figures; in millions
Assets
Liabilities
and capital
Bank credit
Date
Gold
Treasury
currency
outstanding
Total
mercial Federal
and
Reserve
savings Banks
banks
Other
Other
securities
Total
assets,
netTotal
liabilities
and
capital,
net
U.S. Government obligations
Total
Loans,
net
Com-
Total
deposits
and
currency
Capital
and
misc.
accounts,
net
1941—June 30
Dec. 31
22,624
22,737
3,149
3,247
61,387
64,653
25,305
26,605
26,984
29,049
23,539
25,511
2,184
2,254
1,261
1,284
9,098
8,999
87,160
90,637
79,357
82,811
7,803
7,826
1942—June 30
Dec. 31
22,737
22,726
3,313
3,648
67,932
85,693
25,080
23,918
34,226
53,495
30,299
45,951
2,645
6,189
1,282
1,355
8,626
8,280
93,982
112,067
86,064
104,306
7,918
7,761
1943_june 30
Dec. 31
22,388
21,938
4,077
4,094
96,563
110,200
22,234
23,566
66,434
79,201
57,740
65,932
7,202
11,543
1,492
1,726
7,895
7,433
123,028
136,232
114,812
127,959
8,216
8,273
1944__jUne 30
Dec. 30
21,173
20,619
4,104
4,131
125,517
140,538
25,361
25,974
92,609
107,003
75,737
85,885
14,901
18,846
1,971
2,272
7,547
7,561
150,794
165,288
141,551
155,960
9,243
9,328
1945_june 30
Dec. 31
20,213
20,065
4,145
4,339
153,992
167,381
27,948
30,387
118,041 93,655
128,417 101,288
21,792
24,262
2,594
2,867
8,003
8,577
178,350
191,785
168,040
180,806
10,310
10,979
1946—June 29
Dec. 31
20,270
20,529
4,539
4,562
163,485
158,366
31,570
35,765
122,740
113,110
95,911
86,558
23,783
23,350
3,046
3,202
9,175
9,491
188,294
183,457
176,215
171,657
12,079
11,800
1947_j U ne 30
Dec. 31
21,266
22,754
4,552
4,562
156,297
160,832
38,373
43,023
107,873
107,086
82,679
81,199
21,872
22,559
3,322
3,328
10,051
10,723
182,115
188,148
169,234
175,348
12,882
12,800
1948—Jan. 28
Feb. 25
Mar. 31,
Apr. 28
May 26
June 30
July 28
Aug. 25
Sept. 29
Oct. 27
Nov. 24
Dec. 31
22,900
23,000
23,100
23,200
23,300
23,532
23,700
23,700
23,900
24,000
24,200
24,244
4,600
4,600
4,600
4,600
4,600
4,565
4,600
4,600
4,600
4,600
4,600
4,589
160,700
158,700
156,800
157,200
157,600
157,958
158,600
159,200
159,500
160,000
159,900
160,457
43,200
43,600
43,900
44,000
44,700
45,299
45,500
46,100
47,100
47,300
48,000
48,341
106,700
104,400
101,800
102,100
101,800
101,451
101,800
101,800
100,800
101,400
100,600
100,694
81,400
80,000
77,600
78,300
77,900
76,774
77,300
77,000
74,200
74,900
74,300
74,097
22,000
21,000
20,900
20,400
20,600
21,366
21,200
21,500
23,300
23,200
23,000
23,333
3,400
3,400
3,400
3,300
3,300
3,311
3,300
3,300
3,300
3,300
3,300
3,264
10,800
10,800
11,200
11,200
11,100
11,208
11,300
11,400
11,500
11,300
11,300
11,422
188,200
186,300
184,500
185,000
185,500
186,055
186,900
187,500
187,900
188,600
188,600
189,290
175,200
173,700
171,500
171,600
172,200
172,857
173,400
174,000
174,500
175,100
175,200
176,121
13,000
12,600
13,100
13,300
13,300
13,200
13,500
13,500
13,400
13,500
13,400
13,168
1949—Jan. 26
Feb. 23.
Mar. 30
Apr. 27,
May 25
June 30
July 27
Aug. 31
Sept. 28
Oct. 26
Nov. 30
Dec. 31
24,300
24,300
24,300
24,300
24,300
24,466
24,500
24,600
24,600
24,600
24,500
24,427
4,600
4,600
4,600
4,600
4,600
4,597
4,600
4,600
4,600
4,600
4,600
4,598
159,400
158,700
157,300
156,800
156,200
156,491
156,500
158,700
159,800
160,300
160,700
162,681
48,200
47,800
48,100
47,100
46,700
47,148
46,500
47,200
47,900
48,100
49,000
49,604
99,900
99,500
97,700
98,100
97,800
97,428
97,800
99,100
99,300
99,600
99,100
100,456
74,600
73,900
72,600
73,600
74,800
74,877
76,100
78,300
78,300
79,100
78,300
78,433
22,000
22,400
21,800
21,200
19,700
19,343
18,500
17,500
17,900
17,400
17,700
18,885
3,300
3,300
3,300
3,300
3,200
3,208
3,200
3,200
3,200
3,100
3,100
3,138
11,300
11,400
11,500
11,600
11,700
11,915
12,300
12,500
12,600
12,600
12,600
12,621
188,200
187,600
186,200
185,700
185,100
185,554
185,700
187,900
189,000
189,500
189,800
191,706
174,900
174,400
172,600
172,000
171,300
171,602
171,500
173,800
174,400
174,900
175,300
177,313
13,400
13,200
13,600
13,700
13,800
13,952
14,200
14,200
14,500
14,600
14,500
14,392
1950—Jan. 25
Feb. 21
Mar. 29
Apr. 26
May 31
June 30
July 26
Aug. 30,
Sept. 27,
Oct. 25
Nov. 29
Dec. 30
24,400
24,300
24,200
24,200
24,200
24,231
24,200
23,800
23,500
23,300
23,000
22,706
4,600
4,600
4,600
4,600
4,600
4,607
4,600
4,600
4,600
4,600
4,600
4,636
162,500
161,900
161,700
162,000
162,600
164,348
164,300
165,800
166,800
167,700
168,700
171,667
49,400
49,700
50,400
50,600
51,000
51,999
53,100
54,500
56,300
57,500
59,100
60,366
100,400
99,300
98,000
97,900
98,100
98,709
97,500
97,200
96,000
95,800
95,200
96,560
79,500
78,600
77,400
77,100
77,700
77,320
76,400
75,600
73,800
73,600
72,700
72,894
17,800
17,600
17,500
17,600
17,400
18,331
18,000
18,600
19,400
19,200
19,600
20,778
3,100
3,100
3,100
3,100
3,100
3,058
3,000
3,000
2,900
2,900
2,900
2,888
12,700
12,900
13,300
13,500
13,500
13,640
13,800
14,200
14,500
14,400
14,500
14,741
191,600
190,800
190,500
190,800
191,400
193,186
193,100
194,200
194,900
195,600
196,400
199,009
177,100
176,200
176,000
176,100
176,700
178,568
178,200
179,200
179,900
180,100
181,000
184,385
14,400
14,600
14,600
14,600
14,700
14,618
14,900
15,000
14,900
15,500
15,300
14,624
1951—Jan. 31
Feb. 28,
Mar. 28,
Apr. 25,
May 30,
June 30.
July 25,
Aug. 29.
Sept. 26.
Oct. 31
Nov. 28.
Dec. 31.
22,400
22,100
21,900
21,800
21,800
21,756
21,800
21,800
22,000
22,200
22,300
22,695
4,600
4,600
4,600
4,600
4,600
4,655
4,700
4,700
4,700
4,700
4,700
4,709
170,500
170,700
172,100
172,100
171,300
173,447
173,300
174,300
176,400
178,300
179,400
181,323
60,600
61,500
62,500
62,600
62,900
63,821
63,400
64,000
65,000
65,800
66,500
67,597
95,200
94,500
94,700
94,600
93,500
94,450
94,600
95,000
95,900
97,000
97,400
97,808
70,800
69,800
69,300
68,900
68,400
68,726
68,900
69,200
69,700
70,800
71,500
71,343
21,500
21,900
22,600
22,900
22,300
22,982
23,100
23,100
23,500
23,600
23,200
23,801
2,900
2,900
2,800
2,800
2,800
2,742
2,700
2,700
2,700
2,700
2,700
2,664
14,700
14,800
14,900
15,000
14,900
15,176
15,300
15,300
15,400
15,500
15,500
15,918
197,500
197,500
198,600
198,600
197,700
199,858
199,700
200,700
203,000
205,200
206,400
208,727
182,500
182,600
183,700
183,600
182,900
185,038
184,500
185,200
187,300
189,200
190,500
193,410
15,100
14,800
14,900
15,000
14,800
14,820
15,200
15,500
15,700
16,000
15,900
15,317
14
SYSTEM, MONEY SUPPLY, AND RELATED DEPOSITS, 1941-60 — Continued
of dollars]
Related deposits (not seasonally adjusted)
Money supply
Seasonally adjusted
Total
Currency
outsiae
Demand
deposits
adjusted
Time
Not seasonally adjusted
U.S . Government
Foreign,
net
Treasury
cash
holdings
At
commercial
and
savings
banks
At
F.R.
banks
1,303
1,313
1,949
1,498
2,275
2,215
753
1,895
980
867
. .June 30—1941
. .Dec. 31
10,395
10,664
1,315
1,415
1,624
1,615
2,187
2,191
1,837
8,402
290
799
. .June 30—1942
. .Dec. 31
17,543
19,224
11,141
11,738
1,576
1,786
1,928
2,265
2,268
2,303
8,048
10,424
455
579
. .June 30—1943
..Dec. 31
35 720
39,790
21,217
24,074
12 471
13,376
2,032
2,340
2,433
2,157
2,296
2,375
19 506
20,763
650
440
June 30—1944
. .Dec. 30
69,053
75,851
44 253
48*452
27 170
30,135
14 426
15,385
2 657
2,932
2,378
2,141
2 279
2,287
24 381
24,608
599
977
. .June 30—1945
'. .Dec. 31
Currency
outside
Demand
deposits
adjusted
45,521
48,607
8,204
9,615
52,806
62,868
Total
Commercial
banks
Mutual
savings
banks
Postal
Savings
System
37,317
38,992
27,879
27,729
15,928
15,884
10,648
10,532
10,936
13,946
41,870
48,922
27,320
28,431
15,610
16,352
71,853
79,640
15,814
18,837
56,039
60,803
30,260
32,748
80 946
90,435
20,881
23,505
60 065
66,930
94,150
102*341
25,097
26,490
Total
Date
106,800
107,600
26,700
26,300
80,100
81,300
105,992
110,044
26,516
26,730
79,476
83,314
51,829
53,960
32,429
33,808
16,281
16,869
3,119
3,283
1,894
1,885
2,251
2,272
13,416
3,103
833
393
..June 29-1946
. .Dec. 31
109,300
110,500
26,200
26,100
83,100
84,400
108,485
113,597
26,299
26,476
82,186
87,121
55,655
56,411
34,835
35,249
17,428
17,746
3,392
3,416
1,657
1,682
1,314
1,336
1,367
1,452
756
870
..June 30-1947
..Dec. 31
110,800
110,600
110,500
109,500
109,500
109,600
109,400
109,600
109,400
109,900
109,300
109,000
25,900
25,800
25,800
25,600
25,500
25,500
25,600
25,500
25,600
25,600
25,400
25,300
84,900
84,800
84,700
83,900
84,000
84,100
83,800
84,100
83,800
84,300
83,900
83,700
112,400
110,300
107,100
108,100
108,200
108,335
108,800
109,400
109,600
110,800
111,100
111,599
25,800
25,700
25,600
25,400
25,400
25,638
25,500
25,600
25,700
25,700
25,900
26,079
86,600
84,600
81,500
82,700
82,800
82,697
83,300
83,800
83,900
85,100
85,200
85,520
56,500
56,900
56,900
56,900
56,900
57,360
57,300
57,300
57,300
57,300
57,000
57,520
35,200
35,500
35,500
35,500
35,500
35,788
35,700
35,700
35,700
35,700
35,500
35,804
17,900
17,900
18,000
18,000
18,100
18,194
18,200
18,200
18,300
18,300
18,200
18,387
3,400
3,400
3,400
3,400
3,400
3,378
3,400
3,400
3,300
3,300
3,300
3,329
1,700
1,800
1,800
1,600
1,600
1,727
1,800
1,800
1,800
1,800
1,900
2,103
1,300
1,300
1,300
1,300
1,300
1,327
1,300
1,300
1,300
1,300
1,300
1,325
1,300
1,800
2,400
2,500
2,400
2,180
2,400
2,400
2,800
2,300
2,200
2,451
1,900
1,700
>,000
1,200
1,800
1,928
1,800
1,900
1,700
1,500
1,700
1,123
..Jan.
..Feb.
..Mar.
. .Apr.
..May
..June
..July
..Aug.
..Sept.
..Oct.
..Nov.
. .Dec.
109,000
108,800
108,800
108,700
108,800
108,500
108,800
108,700
108,300
108,300
108,500
108,400
25,300
25,200
25,300
25,100
25,100
25,000
24,900
25,000
24,800
24,800
24,800
24,600
83,700
83,600
83,500
83,600
83,700
83,500
83,900
83,700
83,500
83,500
83,700
83,800
110,500
108,500
106,100
107,400
107,400
107,143
108,000
108,500
108,000
109,300
110,100
111,165
25,200
25,100
25,100
24,900
25,000
25,266
24,900
25,100
24,900
24,900
25,100
25,415
85,400
83,400
81,100
82,400
82,500
81,877
83,100
83,400
83,100
84,300
85,000
85,750
57,600
57,800
58,000
58,100
58,200
58,483
58,400
58,400
58,400
58,400
58,000
58,616
35,800
35,900
36,000
36,100
36,100
36,292
36,200
36,100
36,100
36,100
35,800
36,146
18,500
18,600
18,700
18,700
18,800
18,932
19,000
19,000
19,100
19,100
19,100
19,273
3,300
3,300
3,300
3,300
3,300
3,259
3,300
3,200
3,200
3,200
3,200
3,197
2,200
2,200
2,100
2,000
1,800
1,927
1,900
1,900
1,900
2,000
2,100
2,150
,300
,300
1,300
,300
,300
1,307
1,300
1,300
,300
,300
1,300
1,312
2,000
3,000
3,400
2,100
1,900
2,304
1,500
3,100
3,700
3,600
3,200
3,249
1,100
,600
,700
1,100
700
438
400
600
1,200
400
500
821
..Jan. 26-1949
..Feb. 23
..Mar. 30
. .Apr. 27
..May 25
..June 30
..July 27
. .Aug. 31
. . Sept. 28
..Oct. 26
..Nov. 30
..Dec. 31
109,100
109,200
109,400
110,300
111,000
111,300
111,800
112,600
112,800
113,100
113,600
114,600
24,600
24,800
24,800
24,800
24,800
24,700
24,400
24,500
24,400
24,600
24,600
24,600
84,500
84,400
84,600
85,500
86,200
86,600
87,400
88,100
88,400
88,500
89,000
90,000
111,000
109,200
107,800
108,900
109,700
110,225
110,900
111,900
112,500
113,800
115,200
117,670
24,500
24,700
24,600
24,600
24,700
25,185
24,400
24,500
24,500
24,600
24,900
25,398
86,400
84,500
83,200
84,300
85,000
85,040
86,500
87,400
88,000
89,200
90,300
92,272
58,700
59,000
59,300
59,500
59,500
59,739
59,400
59,100
59,000
59,000
58,700
59,246
36,100
36,300
36,500
36,600
36,600
36,719
36,400
36,200
36,200
36,200
35,900
36,314
19,400
19,500
19,700
19,700
19,800
19,923
19,900
19,800
19,900
19,900
19,800
20,009
3,200
3,200
3,200
3,200
3,100
3,097
3,100
3,000
3,000
3,000
2,900
2,923
2,200
2,200
2,300
2,400
2,400
2,555
2,500
2,400
2,300
2,500
2,300
2,518
1,300
1,300
1,300
1,300
1,300
1,298
1,300
,300
,300
,300
,300
: ,293
3,300
4,200
4,300
3,200
3,200
3,801
3,600
3,800
3,600
3,100
3,000
2,989
500
400
1,000
800
600
950
500
700
1,100
400
600
668
..Jan.
..Feb.
..Mar.
. .Apr.
..May
..June
..July
..Aug.
..Sept.
..Oct.
..Nov.
..Dec.
25-1950
21
29
26
31
30
26
30
27
25
29
30
114,200
115,200
115,100
115,600
115,600
115,900
116,800
117,400
117,800
119,100
120,400
120,200
24,700
24,700
24,600
24,800
24,800
25,100
25,200
25,300
25,300
25,400
25,500
25,400
89,500
90,500
90,500
90,800
90,800
90,800
91,600
92,100
92,500
93,700
94,900
94,800
116,200
115,300
113,400
114,100
114,400
114,736
115,800
116,700
117,400
120,700
122,100
124,549
24,600
24,600
24,400
24,600
24,900
25,776
25,100
25,300
25,400
25,700
25,800
26,315
91,600
90,600
89,000
89,500
89,500
88,960
90,700
91,400
92,000
95,000
96,300
98,234
59,000
59,000
59,100
59,200
59,300
59,948
60,000
60,300
60,500
60,900
60,600
61,450
36,100
36,100
36,200
36,300
36,300
36,781
36,800
37,100
37,200
37,500
37,300
37,859
20,000
20,000
20,100
20,200
20,200
20,382
20,400
20,500
20,600
20,700
20,600
20,887
2,900
2,900
2,800
2,800
2,800
2,785
2,800
2,800
2,700
2,700
2,700
2,704
2,400
2,400
2,400
2,500
2,500
2,424
2,400
2,300
2,200
2,100
2,100
2,279
,300
,300
,300
,300
,300
,281
,300
,300
,300
,300
,300
1,270
2,800
4,200
6,400
5,800
4,800
6,332
4,600
4,100
5,100
3,700
3,800
3,615
800
500
1,100
700
600
317
400
600
800
500
500
247
..Jan.
..Feb.
. Mar.
.Apr.
.May
.June
.July
.Aug.
.Sept.
.Oct.
.Nov.
.Dec.
31-1951
28
28
25
30
30
25
29
26
31
28
31
15
28-1948
25
31
28
26
30
28
25
29
27
24
31
1.
CONSOLIDATED CONDITION STATEMENT FOR BANKS AND THE MONETARY
[Single-date figures; in millions
Liabilities
and capital
Assets
Total
assets,
Bank credit
Date
Gold
Treasury
currency
outstanding
net—
Total
U.S. Government obligations
Total
Loans,
net
Total
Commercial Federal
and
Reserve
savings Banks
banks
Other
Other
securities
liabilities
and
capital,
net
Total
deposits
and
currency
Capital
and
misc.
accounts,
net
1952—Jan. 30
Feb. 27
Mar. 26
Apr. 30
M a y 28
June 30
July 30
Aug. 27
Sept. 24
Oct. 29
Nov. 26
Dec. 31
22,900
23,100
23,300
23,300
23,300
23,346
23,400
23,300
23,300
23,300
23,300
23,187
4,700
4,700
4,700
4,700
4,700
4,754
4,800
4,800
4,800
4,800
4,800
4,812
179,900
179,300
180,100
179,900
180,600
182,980
185,300
185,300
186,500
188,900
191,500
192,866
66,700
67,000
67,700
68,100
68,500
69,712
70,000
70,500
71,600
72,900
74,300
75,484
97,300
96,200
96,100
95,200
95,300
96,266
98,100
97,300
97,600
98,600
99,900
100,008
71,800
71,100
70,900
70,200
70,500
70,783
72,700
71,700
71,300
72,400
73,600
72,740
22,800
22,600
22,500
22,400
22,300
22,906
22,800
23,100
23,700
23,600
23,800
24,697
2,700
2,600
2,600
2,600
2,600
2,577
2,600
2,600
2,600
2,600
2,600
2,571
15,900
16,100
16,400
16,600
16,800
17,002
17,200
17,500
17,400
17,300
17,300
17,374
207,600
207,200
208,200
207,900
208,700
211,080
213,400
213,400
214,600
217,000
219,600
220,865
191,600
191,500
192,300
192,200
192,900
194,960
197,200
197,000
197,900
199,900
202,700
204,220
15,900
15,700
15,900
15,700
15,800
16,120
16,100
16,400
16,700
17,100
16,900
16,647
1953_Jan. 28
Feb. 25
Mar. 25
Apr. 29
M a y 27
June 30
July 29
Aug. 26
Sept. 30
Oct. 28
Nov. 25
Dec. 31
23,000
22,700
22,600
22,600
22,500
22,463
22,300
22,200
22,100
22,100
22,000
22,030
4,800
4,800
4,800
4,800
4,800
4,854
4,900
4,900
4,900
4,900
4,900
4,894
191,200
190,300
190,200
189,000
188,900
190,277
195,500
195,400
195,900
196,700
198,200
199,791
74,900
75,000
76,000
76,500
76,600
77,071
77,400
77,700
78,400
79,100
79,500
80,486
98,800
97,800
96,400
94,700
94,400
95,350
100,200
99,600
99,300
99,500
100,400
100,935
72,300
71,400
70,000
68,400
67,800
68,108
72,700
72,100
71,600
71,700
73,000
72,610
24,000
23,900
23,900
23,800
24,100
24,746
25,000
25,000
25,200
25,300
25,000
25,916
2,600
2,500
2,500
2,500
2,500
2,496
2,500
2,500
2,500
2,400
2,400
2,409
17,500
17,500
17,800
17,800
17,800
17,856
18,000
18,200
18,200
18,200
18,200
18,370
219,000
217,800
217,600
216,400
216,200
217,594
222,700
222,500
222,900
223,700
225,100
226,715
202,100
201,000
200,600
199,100
199,100
200,360
205,100
204,800
204,900
205,500
207,100
209,175
16,900
16,800
17,000
17,300
17,200
17,234
17,600
17,700
18,000
18,100
18,000
17,538
1954—Jan. 27
Feb. 24
Mar. 31
Apr. 28
M a y 26
June 30
July 28
Aug. 25
Sept. 29
Oct. 27
Nov. 24
Dec. 31
22,000
22,000
22,000
22,000
22,000
21,927
21,900
21,900
21,800
21,800
21,700
21,713
4,900
4,900
4,900
4,900
5,000
4,959
5,000
5,000
5,000
5,000
5,000
4,985
198,000
197,300
196,100
197,200
198,800
200,628
200,600
202,500
204,000
207,700
209,700
210,988
79,100
79,300
80,300
79,900
80,100
81,210
80,800
80,200
81,400
81,900
83,900
85,730
100,400
99,100
96,800
98,200
99,400
99,827
100,000
102,300
102,400
105,600
105,600
104,819
73,400
72,200
69,800
71,200
72,400
72,525
73,300
76,200
76,200
79,000
78,900
77,728
24,700
24,600
24,600
24,600
24,700
25,037
24,500
23,900
24,000
24,400
24,600
24,932
2,400
2,400
2,300
2,300
2,300
2,265
2,200
2,200
2,200
2,200
2,200
2,159
18,500
18,900
19,000
19,200
19,300
19,591
19,800
19,900
20,200
20,300
20,300
20,439
224,900
224,100
223,000
224,100
225,800
227,514
227,500
229,300
230,800
234,400
236,400
237,686
207,100
206,200
205,100
206,200
207,600
209,354
209,100
210,500
211,800
215,400
217,200
218,882
17,800
17,900
17,800
17,900
18,200
18,161
18,400
18,800
19,000
19,100
19,200
18,806
1955—Jan. 26
Feb. 23
Mar. 30
Apr. 27
M a y 25
June 30
July 27
Aug. 31
Sept. 28
Oct. 26
Nov. 30
Dec. 31
21,700
21,700
21,700
21,700
21,700
21,678
21,700
21,700
21,700
21,700
21,700
21,690
5,000
5,000
5,000
5,000
5,000
5,002
5,000
5,000
5,000
5,000
5,000
5,008
209,600
208,200
207,000
209,100
209,100
209,872
211,400
211,100
211,900
214,000
214,400
217,437
85,200
85,800
87,100
87,900
89,000
91,349
92,000
93,200
94,600
95,800
97,800
100,031
103,600
101,400
98,700
100,100
99,300
97,572
98,600
96,900
96,400
97,300
96,000
96,736
77,800
75,600
73,000
74,400
73,700
71,947
72,400
71,200
70,700
71,400
69,800
70,052
23,700
23,700
23,600
23,600
23,500
23,607
24,100
23,800
23,700
24,000
24,300
24,785
2,100
2,100
2,100
2,100
2,000
2,018
2,000
2,000
2,000
1,900
1,900
1,899
20,900
21,000
21,200
21,200
20,900
20,951
20,900
20,900
20,900
20,800
20,600
20,670
236,300
234,900
233,700
235,800
235,800
236,552
238,100
237,800
238,600
240,700
241,100
244,135
217,500
216,000
214,500
216,900
216,600
217,595
218,800
218,200
218,800
220,700
221,200
224,943
18,800
18,900
19,100
18,900
19,200
18,956
19,300
19,600
19,800
20,000
19,900
19,193
1956—Jan. 25
Feb. 29
Mar. 28,
Apr. 25.
M a y 30,
June 30.
July 25.
Aug. 29.
Sept. 26,
Oct. 31
Nov. 28,
Dec. 31.
21,700
21,700
21,700
21,700
21,800
21,799
21,800
21,900
21,900
21,900
21,900
21,949
5,000
5,000
5,000
5,000
5,000
5,032
5,000
5,000
5,000
5,100
5,100
5,066
214,200
213,100
214,900
214,900
214,700
216,563
214,900
217,000
218,000
218,900
220,800
223,742
98,900
99,400
101,600
102,500
103,300
105,420
104,900
105,500
106,700
107,300
108,200
110,120
94,800
93,000
92,600
91,700
91,000
90,511
89,700
90,900
90,500
91,000
92,200
93,161
69,400
67,600
67,100
66,600
65,700
64,917
64,500
65,400
65,200
65,500
66,200
66,523
23,500
23,500
23,600
23,300
23,400
23,758
23,400
23,700
23,600
23,800
24,300
24,915
1,900
1,900
1,900
1,900
1,900
[,836
1,800
1,800
1,800
1,800
1,700
1,723
20,600
20,700
20,700
20,700
20,500
20,632
20,400
20,600
20,800
20,500
20,400
20,461
240,900
239,800
241,700
241,700
241,500
243,394
241,800
243,900
244,900
245,800
247,800
250,757
221,000
219,900
221,600
221,200
221,200
223,585
221,400
223,000
224,000
224,800
227,000
230,510
19,900
20,000
20,100
20,500
20,300
19,807
20,400
20,900
20,900
21,000
20,700
20,246
1957_Jan. 30.
Feb. 27.
Mar. 27.
Apr. 24.
M a y 29.
June 26.
July 31.
Aug. 28.
Sept. 25.
Oct. 30.
Nov. 27.
Dec. 31.
22,300
22,300
22,300
22,300
22,600
22,600
22,600
22,600
22,600
22,700
22,800
22,781
5,100
5,100
5,100
5,100
5,100
5,100
5,100
5,100
5,100
5,100
5,100
5,146
219,300
218,100
219,000
221,700
221,600
222,200
222,700
223,200
223,600
225,200
224,800
229,470
108,000
108,200
109,600
110,400
110,700
113,000
112,200
112,700
113,400
113,000
113,000
115,157
90,800
89,400
88,500
90,200
89,600
87,800
89,000
88,900
88,400
89,700
89,400
91,370
65,700
64,800
63,800
65,400
65,000
63,400
64,100
64,000
63,700
65,000
64,500
65,792
23,400
22,900
23,100
23,200
23,000
22,900
23,400
23,300
23,200
23,200
23,600
24,238
1,700
1,700
1,700
[,600
1,600
1,600
1,500
1,500
1,500
1,500
1,400
1,340
20,400
20,600
20,900
21,100
21,400
21,400
21,400
21,600
21,800
22,500
22,400
22,943
246,600
245,500
246,400
249,200
249,400
249,900
250,400
250,900
251,300
253,000
252,700
257,397
226,400
225,100
225,400
228,200
228,200
229,100
229,300
229,000
229,500
231,100
231,000
236,372
20,300
20,500
20,900
20,900
21,200
20,900
21,100
21,900
21,900
21,900
21,700
21,023
16
SYSTEM, MONEY SUPPLY, AND RELATED DEPOSITS, 1941-60 — Continued
of dollars]
Money supply
Seasonally adjusted
Total
DeCurmand
rency deposits
outside
adbanks
justed
Related deposits (not seasonally adjusted)
Not seasonally adjusted
Total
u.s. Government
Time
DeCurmand
rency deposits
outside
adbanks
justed
Total
Commercia
banks
ForMutua Postal eign,
savings Savings net
Sysbanks
tem
Treasury
cash
holdings
At
commercial
and
savings
banks
Date
At
F.R.
banks
121,100
121,300
121,900
122,000
122,900
123,300
123,000
123,500
123,900
124,100
125,000
124,100
25,700
25,700
25,900
26,100
26,200
26,100
26,300
26,300
26,500
26,600
26,800
27,000
95,400
95,600
96,000
95,900
96,700
97,200
96,700
97,200
97,400
97,500
98,200
97,100
123,500
121,400
120,500
121,100
121,300
121,228
121,900
122,100
122,900
125,300
126,800
129,002
25,600
25,600
25,700
25,900
26,000
26,474
26,200
26,300
26,600
26,700
27,400
27,494
97,900
95,700
94,800
95,100
95,300
94,754
95,700
95,800
96,400
98,600
99,400
101,508
61,700
62,000
62,400
62,700
63,000
63,676
63,800
64,100
64,500
64,900
64,800
65,799
38,000
38,200
38,500
38,600
38,900
39,302
39,400
39,600
39,800
40,100
40,000
40,666
21,000
21,100
21,300
21,400
21,600
21,755
21,900
22,000
22,200
22,200
22,300
22,586
2,700
2,700
2,700
2,700
2,600
2,619
2,600
2,600
2,600
2,600
2,600
2,547
2,100
2,200
2,200
2,200
2,300
2,319
2,600
2,600
2,500
2,500
2,500
2,501
1,300
1,300
1,300
1,300
1,300
1,283
1,300
[,300
1,300
1,300
1,300
1,270
2,800
3,900
5,800
4,500
4,400
6,121
7,000
6,200
6,500
5,300
7,000
5,259
200
700
(5)
500
600
333
600
700
300
600
300
389
..Jan. 30-1952
..Feb. 27
..Mar. 26
. .Apr. 30
..May 28
..June 30
..July 30
. .Aug. 27
..Sept. 24
..Oct. 29
..Nov. 26
. .Dec. 31
124,900
125,200
125,700
126,000
126,100
125,800
125,700
126,200
126,100
126,900
126,300
126,600
26,900
27,000
27,100
27,200
27,200
27,200
27,300
27,300
27,400
27,400
27,300
27,300
98,000
98,200
98,600
98,800
98,900
98,600
98,400
98,900
98,700
99,500
99,000
99,300
127,300
125,200
124,200
125,000
124,500
124,267
124,600
124,800
125,100
127,600
128,100
130,542
26,800
26,900
26,900
27,000
27,000
27,369
27,200
27,300
27,500
27,400
27,900
28,091
100,500
98,300
97,400
98,000
97,500
96,898
97,400
97,500
97,700
100,300
100,200
102,451
66,100
66,400
66,800
67,200
67,600
68,293
68,400
68,700
69,100
69,600
69,300
70,375
40,700
41,000
41,200
41,500
41,700
42,245
42,300
42,500
42,800
43,200
42,900
43,659
22,800
22,900
23,100
23,300
23,400
23,589
23,700
23,800
24,000
24,100
24,000
24,358
2,500
2,500
2,500
2,500
2,500
2,459
2,400
2,400
2,400
2,400
2,400
2,359
2,500
2,300
2,400
2,400
2,400
2,467
2,500
2,400
2,500
2,600
2,700
2,694
1,300
,300
1,300
1,300
1,300
1,259
1,300
1,300
1,300
1,300
800
761
4,200
5,400
5,800
2,900
2,900
3,942
7,500
7,000
6,200
3,800
5,700
4,457
700
400
(5)
400
400
132
800
700
600
600
500
346
..Jan. 28-1953
..Feb. 25
..Mar. 25
..Apr. 29
..May 27
. .June 30
..July 29
. .Aug. 26
..Sept. 30
..Oct. 28
..Nov. 25
. .Dec. 31
126,500
126,500
126,700
126,300
127,100
126,900
127,900
127,700
129,000
129,200
129,600
130,000
27,000
27,000
27,100
26,900
27,000
26,900
26,900
26,900
26,800
26,900
26,800
26,900
99,500
99,500
99,600
99,400
100,100
100,000
101,000
100,800
102,200
102,300
102,800
103,100
129,200
126,400
123,600
125,300
125,500
125,225
126,800
126,300
128,100
130,000
131,400
134,402
26,900
26,900
26,900
26,700
26,800
27,093
26,800
26,900
26,900
26,900
27,500
27,852
102,300
99,600
96,700
98,600
98,700
98,132
100,000
99,400
101,200
103,100
104,000
106,550
70,600
71,000
71,700
72,000
72,500
73,292
73,700
74,000
74,400
74,800
74,300
75,282
43,700
44,000
44,500
44,700
45,000
45,653
46,000
46,200
46,400
46,700
46,300
46,844
24,600
24,700
24,900
25,000
25,200
25,388
25,500
25,600
25,800
25,900
25,900
26,302
2,300
2,300
2,300
2,300
2,300
2,251
2,200
2,200
2,200
2,200
2,200
2,136
2,800
2,900
3,000
3,100
3,100
3,256
3,400
3,400
3,300
3,200
3,200
3,329
800
800
800
800
800
811
800
800
800
800
800
796
3,400
4,500
5,400
4,500
5,100
5,895
3,900
5,500
4,400
6,100
6,900
4,510
200
500
700
500
500
875
500
600
800
600
500
563
..Jan. 27-1954
..Feb. 24
..Mar. 31
. .Apr. 28
..May 26
..June 30
..July 28
. .Aug. 25
..Sept. 29
..Oct. 27
..Nov. 24
..Dec. 31
131,100
131,300
131,500
131,700
132,100
132,100
132,000
132,600
133,200
132,800
133,100
133,500
27,000
26,900
26,900
26,900
27,000
27,000
27,100
27,200
27,200
27,300
27,500
27,400
104,100
104,400
104,600
104,800
105,100
105,100
104,900
105,400
106,000
105,500
105,600
106,100
133,800
131,300
129,100
131,100
130,200
130,609
131,000
131,200
132,100
133,500
134,800
138,199
26,800
26,800
26,700
26,700
26,800
27,375
27,100
27,300
27,200
27,300
27,900
28,285
107,000
104,500
102,400
104,500
103,300
103,234
103,900
103,900
104,900
106,100
106,900
109,914
75,400
75,700
76,200
76,200
76,500
77,129
77,100
77,400
77,700
77,900
77,400
78,378
46,800
47,000
47,200
47,200
47,400
47,846
47,700
48,000
48,100
48,200
47,700
48,359
26,500
26,600
26,900
26,900
27,100
27,277
27,400
27,500
27,700
27,800
27,800
28,129
2,100
2,100
2,100
2,100
2,000
2,007
2,000
2,000
1,900
1,900
1,900
1,890
3,200
3,100
3,200
3,100
3,200
3,247
3,300
3,100
3,200
3,200
3,200
3,167
800
800
800
800
800
812
800
800
800
800
800
767
3,800
4,600
4,400
5,000
5,500
5,418
6,100
5,200
4,500
4,900
4,500
4,038
400
600
900
600
400
380
500
400
500
500
500
394
..Jan. 26-1955
..Feb. 23
..Mar. 30
. .Apr. 27
..May 25
..June 30
..July 27
..Aug. 31
.. Sept. 28
..Oct. 26
..Nov. 30
. .Dec. 31
133,200
132,900
133,500
133,600
133,300
134,200
133,200
133,400
133,900
133,600
134,500
134,500
27,300
27,400
27,400
27,200
27,300
27,500
27,400
27,400
27,400
27,500
27,500
27,400
105,900
105,500
106,100
106,400
106,000
106,700
105,800
106,000
106,500
106,100
107,000
107,100
136,000
132,800
131,500
133,100
131,600
133,028
132,700
131,900
132,800
135,100
136,300
139,726
27,100
27,200
27,200
27,000
27,400
28,284
27,400
27,500
27,400
27,700
28,000
28,335
108,900
105,600
104,400
106,100
104,200
104,744
105,200
104,500
105,400
107,400
108,300
111,391
78,400
78,800
79,300
79,300
79,600
80,615
80,700
80,900
81,300
81,500
80,900
82,224
48,300
48,500
48,800
48,800
49,000
49,698
49,700
49,900
50,100
50,200
49,600
50,577
28,300
28,400
28,600
28,700
28,900
29,152
29,200
29,300
29,500
29,600
29,600
30,000
1,900
,800
,800
,800
,800
,765
,700
1,700
,700
1,700
1,700
1,647
3,100
3,000
3,000
3,000
3,000
3,115
3,100
3,100
3,200
3,100
3,400
3,306
800
800
800
800
800
768
800
800
800
800
800
775
2,300
4,000
6,500
4,400
5,800
5,537
3,600
5,800
5,400
3,800
5,200
4,038
500
600
500
600
400
522
600
500
600
500
500
441
..Jan. 25-1956
..Feb. 29
..Mar. 28
. .Apr. 25
..May 30
..June 30
..July 25
. .Aug. 29
..Sept. 26
..Oct. 31
..Nov. 28
..Dec. 31
134,800
134,700
134,500
134,600
134,200
135,100
135,000
134,300
134,300
133,800
133,600
133,600
27,600
27,600
27,600
27,600
27,800
27,800
27,800
27,700
27,800
27,700
27,700
27,800
107,200
107,100
106,900
107,000
106,400
107,300
107,200
106,600
106,500
106,100
105,900
105,800
136,900
134,400
132,600
134,700
132,700
133,300
134,300
132,900
133,300
134,900
135,700
138,555
27,400
27,400
27,400
27,400
27,900
27,800
27,800
27,800
27,800
27,800
28,500
28,301
109,500
107,000
105,200
107,300
104,800
105,600
106,600
105,100
105,500
107,200
107,200
110,254
82,900
83,600
84,600
84,900
85,700
86,400
86,700
87,100
87,700
88,100
87,600
89,126
51,200
51,800
52,600
52,900
53,600
54,000
54,400
54,700
55,100
55,500
55,000
56,139
30,100
30,200
30,400
30,400
30,600
30,900
30,900
31,000
31,200
31,300
31,300
31,662
1,600
1,600
1,600
1,500
1,500
1,500
1,400
1,400
1,400
1,400
1,300
1,325
3,100
3,100
3,100
3,200
3,200
3,400
3,300
3,200
3,300
3,300
3,200
3,270
800
800
800
800
800
800
800
800
800
800
800
761
1,900
2,800
3,800
4,400
5,300
4,800
3,700
4,400
3,900
3,500
3,300
4,179
600
300
500
300
500
500
500
500
600
500
400
481
..Jan .30-1957
..Feb. 27
..Mar. 27
..Apr. 24
..May 29
. .June 26
..July 31
..Aug. 28
..Sept. 25
..Oct. 30
..Nov. 27
. .Dec. 31
17
1. CONSOLIDATED CONDITION STATEMENT FOR BANKS AND THE MONETARY
[Single-date figures; in millions
Assets
Liabilities
and capital
Bank credit
Treasury
Date
Gold
currency
outstanding
U.S. Government obligations
Total
net
Total
Commercial
and
savings
banks
21,800
22,100
22,200
22,500
22,800
22,880
23,200
24,100
23,900
24,100
23,800
22,829
249,600
247,100
246,700
249,800
249,400
249,400
251,400
251,100
252,100
251,700
251,100
256,020
23,500
23,900
23,900
23,700
24,300
24,200
24,200
25,000
24,800
24,900
25,200
24,186
1,000
1,000
1,000
1,000
1,000
25,800
25,700
25,700
25,600
25,400
25,500
25,700
25,600
25,700
26,000
25,900
26,617
274,900
273,000
272,400
275,600
275,400
277,200
279,200
279,500
282,400
284,700
285,000
289,947
250,500
248,000
247,300
250,200
249,300
251,000
252,900
252,200
255,100
257,500
257,000
263,165
24,400
25,000
25,100
25,300
26,000
26,200
26,300
27,300
27,300
27,200
28,000
26,783
91,300
89,200
87,300
89,000
88,500
87,900
90,800
90,800
91,800
94,600
94,900
95,461
64,800
63,000
61,100
62,600
61,800
60,800
63,200
63,100
64,200
66,800
66,600
67,242
25,400
25,200
25,300
25,500
25,700
26,200
26,700
26,800
26,800
27,000
27,500
27,384
I960—Jan. 27
Feb. 24
Mar. 30,
Apr. 27
M a y 25
June 29
July 27
Aug. 31
Sept. 28
Oct. 26
Nov. 30
Dec. 31
19,500
19,400
19,400
19,400
19,400
19,300
19,200
19,000
18,700
18,500
17,900
17,767
5,300
5,300
5,300
5,300
5,400
5,400
5,400
5,400
5,400
5,400
5,400
5,398
18
counts,
231,800
232,500
235,500
239,200
238,900
244,131
241,900
243,400
242,600
245,100
248,200
252,022
133,000
133,400
134,600
136,200
136,800
139,100
138,200
138,700
140,800
140,200
140,900
144,704
5,200
5,200
5,200
5,300
5,300
5,300
5,300
5,300
5,300
5,300
5,300
5,311
currency
253,500
254,600
257,700
261,600
261,700
267,011
265,100
267,400
266,500
269,200
272,000
274,850
273,100
271,000
270,600
273,500
273,700
273,600
275,700
276,100
276,900
276,600
276,300
280,202
250,200
248,300
247,600
250,800
250,700
252,500
254,700
255,100
258,300
260,900
261,700
266,782
20,500
20,500
20,400
20,300
20,200
19,800
19,600
19,600
19,500
19,500
19,600
19,456
ac-
capital,
23,100
23,500
24,300
24,800
25,000
25,760
25,500
25,800
26,300
26,200
26,000
26,273
26,000
26,100
26,300
26,600
26,400
26,300
26,300
26,200
26,500
26,200
25,900
26,071
74,900
72,900
70,600
71,000
70,000
68,200
68,400
67,600
66,500
66,600
65,400
65,801
1959—Jan. 28
Feb. 25
Mar. 25
Apr. 29
M a y 27
June 24
July 29
Aug. 26
Sept. 30
Oct. 28
Nov. 25,
Dec. 31
65,200
65,800
67,100
70,300
70,600
71,611
71,600
73,500
72,100
73,500
75,000
73,641
and
[,300
1,300
1,300
1,300
1,300
[,238
1,300
1,300
[,200
1,200
1,200
1,219
1,200
1,200
1,100
1,200
1,200
1,200
,100
,100
,100
,100
[,100
1,048
247,300
245,300
244,900
247,900
248,300
248,500
250,700
251,200
252,100
251,800
251,400
255,435
225,600
226,700
230,000
234,400
234,900
240,451
238,600
241,100
240,400
243,300
246,200
249,082
and
misc.
and
Other
23,400
23,400
23,500
23,700
24,100
25,000
24,900
25,200
24,900
25,400
25,800
26,347
25,400
25,300
25,500
25,600
25,900
25,900
26,500
26,500
26,600
26,400
26,700
26,648
5,200
5,200
5,200
5,200
5,200
5,204
5,200
5,200
5,200
5,200
5,200
5,234
Capital
Federal
Reserve
Banks
89,900
90,500
91,900
95,300
95,900
97,849
97,800
100,000
98,200
100,100
102,000
101,207
101,500
99,400
97,200
97,800
97,100
95,200
96,000
95,200
94,100
94,000
93,100
93,497
22,800
22,700
22,500
22,000
21,600
21,356
21,200
21,100
20,900
20,700
20,600
20,534
Total
deposits
Other
securities
112,500
112,700
113,900
114,400
114,000
116,842
115,400
115,300
115,900
117,000
118,200
121,602
119,800
119,800
121,400
123,500
124,800
126,900
128,400
129,800
131,600
131,500
132,300
135,867
1958—Jan. 29
Feb. 26
Mar. 26
Apr. 30
M a y 28
June 23
July 30
Aug. 27
Sept. 24
Oct. 29
Nov. 26
Dec. 31
Loans,
Total
assets,
net—
Total
liabilities
900
900
900
900
900
800
835
net
net
SYSTEM, MONEY SUPPLY, AND RELATED DEPOSITS, 1941-60 — Continued
of dollars]
M o n e y supply
Seasonally adjusted
fur
Total
N o t seasonally adjusted
De-
curmand
rency deposits
outside
adjusted
Related deposits (not seasonally adjusted)
Total
u.s. Government
Time
Decurmand
rency deposits
outside
adjusted
Total
Com- Mutual Postal eign,
mercial savings Savings net
Sysbanks
banks
tem
For-
At
Treas- comury
mercash
cial
and
holdings savings
banks
Date
At
F.R.
banks
133,100
133,600
134,000
134,800
135,300
135,300
136,100
136,700
136,900
137,900
138,600
138,800
27,700
27,700
27,700
27,900
27,900
27,800
27,800
27,800
27,800
27,900
28,000
28,100
105,400
105,900
106,300
106,900
107,400
107,500
108,300
108,900
109,100
110,000
110,600
110,700
135,000
133,000
132,000
134,800
133,500
133,959
135,900
135,500
135,900
139,000
140,700
144,247
27,300
27,400
27,400
27,600
27,800
27,790
27,900
28,000
27,900
28,000
28,800
28,740
107,600
105,600
104,600
107,200
105,800
106,169
108,100
107,500
108,100
111,000
111,900
115,507
89,800
90,900
92,500
93,600
94,600
95,524
96,500
97,000
97,200
97,500
96,800
98,306
56,600
57,600
58,800
59,900
60,700
61,473
62,300
62,700
62,700
62,900
62,100
63,166
31,900
32,100
32,400
32,500
32,700
32,837
32,900
33,100
33,300
33,400
33,500
34,006
1,300
1,300
1,300
1,200
1,200
1,214
1,200
1,200
1,200
1,200
1,100
1,134
3,300
3,700
3,900
4,000
4,000
3,953
4,000
3,900
3,800
3,800
3,700
3,870
800
700
700
700
700
700
700
700
700
700
700
683
2,400
3,800
5,800
5,400
5,700
9,471
4,300
5,800
4,500
3,700
5,900
4,558
500
400
600
600
400
524
600
500
500
500
500
358
..May 28
..June 23
..July 30
. .Aug. 27
..Sept. 24
..Oct. 29
..Nov. 26
..Dec. 31
139,500
139,600
140,300
140,400
140,600
140,900
141,200
140,900
140,800
140,400
140,100
140,200
28,000
28,000
28,200
28,200
28,200
28,300
28,300
28,300
28,400
28,400
28,300
28,200
111,500
111,600
112,100
112,200
112,400
112,600
112,900
112,600
112,400
112,000
111,800
112,000
141,400
139,000
138,200
140,400
138,900
139,100
141,100
139,600
139,800
141,100
142,200
144,824
27,600
27,700
27,900
27,900
28,100
28,300
28,400
28,500
28,500
28,300
29,100
29,422
113,800
111,300
110,300
112,500
110,700
110,700
112,700
111,100
111,400
112,700
113,100
115,402
98,400
98,700
99,500
99,900
100,400
101,000
100,900
101,200
101,500
101,100
100,300
101,779
63,400
63,700
64,100
64,500
65,000
65,400
65,300
65,600
65,700
65,500
64,800
65,884
33,800
34,000
34,300
34,300
34,400
34,600
34,500
34,600
34,800
34,600
34,600
34,947
1,100
1,100
1,100
1,100
1,100
1,100
1,000
1,000
1,000
1,000
1,000
948
3,800
3,700
3,900
3,700
3,700
3,600
3,400
3,300
3,300
3,100
3,000
3,203
700
700
700
700
700
400
400
400
400
400
400
391
4,800
4,500
3,900
4,600
5,200
4,700
5,000
6,000
6,400
5,500
4,700
5,319
500
500
500
500
500
500
600
500
700
500
400
504
..Jan. 28-1959
..Feb. 25
..Mar. 25
..Apr. 29
..May 27
..June 24
..July 29
. .Aug. 26
..Sept. 30
..Oct. 28
..Nov. 25
. .Dec. 31
140,000
139,100
139,500
139,400
137,500
138,000
138,600
138,600
138,500
139,900
138,800
139,200
28,300
28,300
28,400
28,200
28,200
28,100
28,300
28,300
28,200
28,400
28,200
28,200
111,700
110,800
111,100
111,200
109,300
109,900
110,300
110,300
110,300
111,500
110,600
111,000
141,900
138,400
136,800
139,400
135,800
136,200
138,400
137,500
137,600
140,500
140,600
144,458
27,900
28,000
28,100
27,900
28,100
28,300
28,400
28,500
28,300
28,300
28,700
29,356
114,000
110,500
108,800
111,500
107,700
107,800
110,100
108,900
109,300
112,200
111,900
115,102
101,000
101,200
102,200
102,300
102,600
103,700
104,200
105,200
106,000
106,700
106,700
108,468
65,200
65,400
66,000
66,200
66,500
67,400
67,900
68,900
69,400
70,000
70,000
71,380
34,900
34,900
35,300
35,200
35,200
35,400
35,500
35,600
35,800
35,900
35,900
36,318
900
900
900
900
900
800
800
800
800
800
800
770
2,800
2,600
2,700
2,800
2,800
2,900
2,800
3,000
2,900
3,100
3,100
3,184
400
500
400
400
400
400
400
400
400
400
400
377
3,800
4,800
4,700
4,700
7,200
7,300
6,500
5,700
7,700
6,200
5,600
6,193
600
500
500
600
500
500
500
500
600
500
500
485
..Jan. 27-1960
..Feb. 24
..Mar. 30
. .Apr. 27
..May 25
..June 29
..July 27
..Aug. 31
..Sept. 28
..Oct. 26
..Nov. 30
. .Dec. 31
19
..Jan. 29-1958
..Feb. 26
..Mar. 26
..Apr. 30
2. MONEY SUPPLY AND RELATED DATA, 1947-60
[Averages of daily figures; in billions of dollars]
Not seasonally adjusted
Seasonally adjusted
Money supply
Money supply
Period
Coml.
bank
time
deposits,
adjusted
Commercial bank
deposits
Total
Currency
component
Demand
deposit
component
Time,
adjusted
1947
1948 . . .
1949
111.8
112.3
111.2
26.6
26.1
25.5
85.2
86.2
85.7
34.2
35.8
36.3
2.0
2.1
2.5
1950
1951
1952...
1953
1954
114.1
119.2
125.2
128.3
130.3
25.1
25.6
26.7
27.7
27.5
89.1
93.7
98.5
100.6
102.8
36.7
37.2
39.7
42.8
46.9
3.1
4.0
4.8
4.4
4.4
1955.
1956
1957
1958
1959
134.4
136.0
136.7
138.4
142.8
27.6
28.0
28.3
28.4
28.9
106.8
108.0
108.5
110.0
113.9
49.3
50.8
55.1
62.8
66.8
4.1
39
3.5
4.3
4.6
Total
Currency
component
Demand
deposit
component
.
U.S.
Govt.
demand
140.9
29.0
111.9
69.1
5.3
109.5
109.7
110.3
111 1
111.7
112 1
112.2
112 6
113.0
112.9
113.3
113.1
26.7
26.7
26.7
26 6
26.6
26.6
26.5
26 5
26.7
26.5
26.5
26.4
82.8
83.0
83.7
84.5
85.1
85.5
85.7
86.1
86.3
86.4
86.8
86.7
33.2
33.4
33.6
33.7
33.8
33.9
34.0
34.4
34.7
35.0
35.2
35.4
111.9
109.8
109.4
109.1
109.8
110.9
111.4
111.9
113.3
113.6
114.5
115.9
26.7
26.5
26.5
26.4
26.4
26.4
26.4
26.4
26.8
26.7
26.7
26.8
85.2
83.3
82.9
82 7
83.4
84.5
84.9
85 5
86.5
86.9
87.8
89.1
33.2
33.4
33.7
33.8
33.9
34.0
34.2
34.4
34.7
35.0
35.1
35.1
2.6
3.3
3.6
29
2.3
1.0
1.0
1 4
1.6
2.2
1.6
1.0
113 4
113.2
112.6
112.3
112.1
112 0
112.2
112 3
112.2
112.1
111 8
111.5
26.4
26.3
26.2
26.1
26.0
26.0
26.0
26.0
26.0
26.0
26 0
25.8
87.0
86.8
86.4
86.3
86.0
86 0
86.2
86.2
86.2
86.1
85 9
85.8
35.5
35.6
35.7
35.7
35.7
35.8
35.8
35.9
35.9
36.0
36.0
36.0
115.9
113.4
111.8
110.4
110.2
110.8
111.3
111.6
112.4
112.8
112.9
114.3
26.4
26.2
26.1
25.9
25.8
25.9
26.0
26.0
26.1
26.2
26.2
26.2
89.5
87.2
85.7
84.5
84.4
85.0
85.3
85.6
86.2
86.6
86 8
88.1
35.5
35.6
35.8
35.8
35.8
35.9
36.0
35.9
35.9
36.0
35.9
35.7
0.9
1.7
2.1
2.3
2.7
2.2
2.0
2.5
2.4
2.3
24
1.8
Apr
May
June
Julv
Aug
Sept
Oct
Nov
Dec
111.2
111 2
111.2
111.3
111.5
111 3
111.2
111 0
110.9
110.9
111.0
111.2
25.7
25.7
25.7
25.7
25.7
25.6
25.5
25 5
25.3
25 3
25.2
25.1
85.5
85.5
85.6
85.6
85.8
85.7
85.7
85.6
85.6
85.6
85.8
86.0
36.0
36.1
36.1
36.2
36.3
36.4
36.4
36.5
36.4
36.4
36.4
36.4
113.7
111.5
110.5
109.5
109.7
110.2
110.2
110.3
110.9
111.5
112.0
113.9
25.7
25.5
25.5
25.5
25.5
25.4
25.5
25.4
25.4
25.5
25.4
25.5
88.0
85.9
84.9
84.0
84.2
84.8
84.7
84.9
85.5
86.0
86.6
88.4
36.0
36.1
36.2
36.3
36.4
36.5
36.5
36.5
36.4
36.4
36.3
36.1
1.6
2.7
3.0
2.6
1.9
1.5
1.4
2.8
3.2
3.4
3.5
2.8
1950—Jan..
Feb
Mar
Apr
May
June
July.
Aug
Sept
Oct
Nov
Dec
111 5
112.1
112.5
113.2
113.7
114.1
1146
115.0
115 2
115.7
115.9
116.2
25 1
25.1
25.2
25.3
25.2
25.1
25 0
24.9
24 9
24.9
24.9
25.0
86 4
86.9
87.3
88.0
88.5
89.0
89 6
90.1
90.3
90.8
90.9
91.2
36.4
36.5
36.6
36.8
36.9
36.9
36.8
36.7
36.6
36.6
36.6
36.7
114.0
112.4
111.8
111.5
111.9
112.9
113.5
114.2
115.1
116.3
117.0
119.2
25.1
25.0
25.1
25.1
25.0
24.9
25.0
24.9
25.0
25.1
25.2
25.4
88 9
87.4
86.8
86.4
86.9
88.0
88.5
89.3
90.1
91.2
91.8
93.8
36.4
36.5
36.7
36.8
36.9
37.0
36.9
36.7
36.6
36.6
36.5
36.4
2.8
3.7
3.5
3.3
3.0
3.0
3.4
3.4
3.4
2.8
3.0
2.4
116.7
117 1
117.6
117.8
118.2
118.6
119 1
119.6
120.4
121 0
122.0
122.7
25.0
25 1
25.2
25.2
25.3
25.4
25 6
25.7
25 8
26 0
26.0
26.1
91.7
92.0
92.4
92.6
92.8
93.2
93 4
93.8
94.5
95 1
96.0
96.5
36.7
36.6
36.6
36.7
36.7
36.8
37.2
37.4
37.7
37.8
38.0
38.2
119.5
117.5
117.4
116.0
116.4
117.6
117.5
118.4
120.0
121 4
123.2
125.8
25.0
25.0
25.0
25.0
25.1
25.3
25.6
25.7
25.9
26.1
26.3
26.6
94.5
92.5
92.3
91.0
91.2
92.4
91.9
92.7
94.1
95.2
97.0
99.2
36.7
36.6
36.7
36.7
36.7
36.9
37.3
37.5
37.7
37.9
38.0
38.0
2.1
3.3
4.5
6.1
5.1
4.6
4.8
4.2
3.6
3.9
3.1
2.7
I960
1947—Jan
Feb
Mar
Apr
May
June
July
Aug
SeDt
Oct
Nov
Dec
. .
1948—Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
Oct
Nov
. . .
Dec
1949_j an
Feb
Mar
. .
1951—j an
Feb
Mar
Apr
May
June
July
Aus
Sept
Oct
Nov
Dec
....
20
2. MONEY SUPPLY AND RELATED DATA, 1947-60 — Continued
[Averages of daily figures; in billions of dollars]
Seasonally adjusted
Money supply
Period
Not seasonally adjusted
Commercial bank
deposits
Money supply
Coml.
bank
time
deposits,
adjusted
Total
Currency
component
Demand
deposit
component
Time,
adjusted
Total
Currency
component
Demand
deposit
component
1952—Jan..
Feb..
Mar.
Apr..
May.
June.
July.
Aug.
Sept.
Oct..
Nov.
Dec..
123.1
123.6
123.8
124.1
124.5
125.0
125.3
125.7
126.4
126.7
127.1
127.4
26.2
26.3
26.4
26.4
26.5
26.7
26.7
26.8
26.9
27.0
27.2
27.3
96.9
97.3
97.5
97.6
98.0
98.4
98.6
98.9
99.4
99.7
99.9
100.1
38.4
38.7
38.9
39.1
39.3
39.5
39.7
40.0
40.3
40.5
40.8
41.2
126.2
124.2
123.6
122.3
122.7
124.2
123.6
124.2
125.8
126.9
128.3
130.8
26.2
26.1
26.2
26.2
26.3
26.5
26.7
26.8
27.0
27.2
27.5
27.8
100.0
98.0
97.4
96.1
96.4
97.7
96.9
97.4
98.9
99.7
100.9
103.0
38.4
38.6
38.9
39.1
39.3
39.6
39.9
40.1
40.3
40.6
40.8
40.9
2.2
3.3
3.9
4.5
4.3
4.3
7.6
6.3
5.2
5.4
5.2
4.9
1953—Jan..
Feb..
Mar.
Apr..
May.
June.
July.
Aug.
Sept.
Oct..
Nov.
Dec.
127.3
127.4
128.0
128.3
128.5
128.5
128.6
128.7
128.6
128.7
128.7
128.8
27.4
27.5
27.6
27.7
27.7
27.7
27.8
27.8
27.8
27.8
27.8
27.7
99.9
99.9
100.4
100.7
100.7
100.7
100.8
100.9
100.8
100.9
100.9
101.1
41.4
41.6
41.9
42.1
42.4
42.6
42.9
43.1
43.4
43.8
44.2
44.6
130.5
128.1
127.7
126.7
126.7
127.6
127.0
127.0
127.9
128.8
129.9
132.1
27.4
27.3
27.4
27.4
27.5
27.6
27.8
27.8
27.9
27.9
28.0
28.2
103.1
100.8
100.3
99.3
99.2
100.1
99.2
99.2
100.0
100.9
101.8
103.9
41.4
41.6
41.9
42.1
42.3
42.7
43.0
43.2
43.5
44.0
44.1
44.2
3.7
4.6
4.4
3.7
2.8
2.6
5.2
6.8
5.6
4.2
4.9
3.8
1954_j a n ..
Feb..
Mar.
Apr..
May.
June.
July.
Aug.
Sept.
Oct..
Nov.
Dec.
129.0
129.1
129.2
128.6
129.7
129.9
130.3
130.7
130.9
131.5
132.1
132.3
27.7
27.7
27.6
27.6
27.6
27.5
27.5
27.5
27.4
27.4
27.4
27.4
101.3
101.5
101.6
101.0
102.1
102.3
102.8
103.2
103.5
104.1
104.7
104.9
44.9
45.2
45.6
46.1
46.5
46.8
47.3
47.7
47.9
48.1
48.2
48.4
132.3
129.8
128.9
127.2
128.1
129.0
128.8
129.0
130.1
131.5
133.1
135.6
27.7
27.5
27.4
27.4
27.4
27.4
27.5
27.4
27.5
27.6
27.7
27.9
104.6
102.3
101.4
99.8
100.7
101.6
101.3
101.5
102.6
103.9
105.4
107.7
44.8
45.2
45.6
46.0
46.4
46.9
47.5
47.9
48.0
48.2
48.1
48.0
3.0
3.7
4.0
4.0
3.9
3.9
4.2
4.9
4.0
6.1
6.2
5.0
1955—Jan..
Feb..
Mar.
M^y!
June.
July.
Aug.
Sept.
Oct..
Nov.
Dec.
133.0
133.8
133.6
134.1
134.5
134.4
134.8
134.8
135.0
135.2
134.9
135.2
27.4
27.5
27.5
27.5
27.6
27.6
27.7
27.7
27.7
27.8
27.8
27.8
105.5
106.3
106.1
106.5
106.9
106.8
107.2
107.1
107.3
107.4
107.1
107.4
48.7
48.8
48.8
48.9
49.0
49.1
49.2
49.3
49.5
49.7
50.0
50.2
136.4
134.5
133.1
132.8
132.7
133.5
133.4
133.0
134.2
135.1
135.9
138.6
27.4
27.2
27.3
27.3
27.4
27.5
27.7
27.7
27.8
27.9
28.1
28.4
109.0
107.3
105.8
105.5
105.4
106.1
105.7
105.3
106.4
107.2
107.7
110.2
48.5
48.6
48.8
48.9
49.0
49.2
49.4
49.5
49.7
49.9
49.8
49.6
3.0
3.7
3.8
4.9
4.9
4.0
4.6
4.9
3.9
4.5
4.3
3.4
1956—Jan..
Feb..
Mar.
Apr..
May.
June.
July.
Aug.
Sept.
Oct..
Nov.
Dec.
135.5
135.5
135.9
136.2
135.7
136.0
135.9
135.8
136.1
136.2
136.6
136.9
27.9
27.9
27.9
27.9
27.9
27.9
28.0
28.0
28.0
28.0
28.1
28.2
107.7
107.6
108.0
108.3
107.8
108.1
107.9
107.8
108.1
108.2
108.4
108.7
50.0
50.0
50.1
50.2
50.3
50.6
50.8
51.1
51.4
51.6
51.8
52.1
139.1
136.0
135.2
135.1
134.0
135.1
134.5
134.0
135.4
136.2
137.5
140.3
27.9
27.6
27.7
27.7
27.7
27.8
28.1
28.0
28.1
28.2
28.4
28.8
111.2
108.4
107.5
107.5
106.3
107.3
106.5
106.0
107.3
108.0
109.1
111.5
49.8
49.8
50.1
50.3
50.4
50.8
51.2
51.4
51.6
51.8
51.5
51.4
2.2
2.7
4.1
4.1
5.1
4.2
3.9
4.4
4.4
3.9
4.2
3.4
1957_Jan..
Feb..
Mar.
Apr..
May.
June.
July.
Aug.
Sept.
Oct..
Nov.
Dec.
136.9
137.0
137.1
136.9
137.0
136.9
137.0
136.9
136.7
136.4
136.1
135.9
28.2
28.2
28.2
28.2
28.2
28.3
28.3
28.3
28.3
28.3
28.3
28.3
108.7
108.8
108.9
108.7
108.8
108.6
108.7
108.7
108.4
108.1
107.8
107.5
52.6
53.1
53.7,
54.1
54.5
54.8
55.3
55.6
56.0
56.6
56.9
57.5
140.3
137.3
136.1
136.1
135.2
135.9
135.6
135.6
136.1
136.4
137.2
139.3
28.2
27.9
27.9
28.0
28.0
28.2
28.4
28.3
28.4
28.4
28.6
28.9
112.1
109.3
108.2
108.1
107.2
107.7
107.2
107.2
107.7
107.9
108.6
110.4
52.3
52.9
53.7
54.2
54.6
55.2
55.6
55.9
56.3
56.7
56.5
56.7
2.0
1.9
3.0
4.4
4.1
4.0
4.9
3.1
3.5
4.2
3.0
3.5
21
U.S.
Govt.
demand
2. MONEY SUPPLY AND RELATED DATA, 1947-60 — Continued
[Averages of daily figures; in billions of dollars]
Not seasonally adjusted
Seasonally adjusted
Money supply
Period
1958—Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
Oct
Nov
Dec
1959—Jan
Feb . . .
Mar
Apr
May
June
Julv
Sept . .
Oct
Nov
Dec
I960 Jan
Feb
Mar
Apr
May
June
Julv
Aug
Sent
Oct
Nov
Dec
.
..
..
. .
.
Commercial bank
deposits
Money supply
Coml.
bank
time
deposits,
adjusted
Total
Currency
component
Demand
deposit
component
Time,
adjusted
Total
Currency
component
Demand
deposit
component
135.6
136.3
136.5
137.0
137.5
138.5
138.4
139.1
139.5
140.0
140.8
141.2
28.3
28.2
28.2
28.2
28.3
28.4
28.4
28.4
28.4
28.5
28.5
28.6
107.3
108.0
108.2
108.8
109.2
110.1
110.0
110.6
111.0
111.6
112.3
112.6
57.6
59.3
60.5
61.5
62.4
63.2
64.0
64.4
64.7
64.8
65.1
65.5
138.8
136.4
135.4
136.4
135.7
137.4
137.0
137.8
138.9
140.0
142.0
144.7
28.2
27.9
27.9
28.0
28.1
28.3
28.5
28.5
28.5
28.6
28.8
29.2
110.6
108.5
107.4
108.4
107.6
109.1
108.5
109.2
110.4
111.5
113.2
115.5
57.2
59.1
60.5
61.7
62.6
63.5
64.4
64.8
65.0
65.0
64.6
64.6
141.6
142.0
142.5
142.6
143.2
143.4
144.0
143.5
143.2
142.9
142.7
142.0
28.6
28.7
28.8
28.8
28.9
29.0
29.0
29.0
29.0
28.9
28.9
28.9
113.0
113.2
113.7
113.9
114.3
114.4
115.0
114.4
114.2
113.9
113.8
113.2
66.1
66.0
66.2
66.5
66.8
67.0
67.0
67.0
67.2
67.2
67.3
67.4
144.9
142.0
141.3
142 3
141.1
141.9
142.7
142.2
142.7
143.0
144.0
145.6
28.6
28.4
28.5
28.5
28.7
28.9
29.1
29.1
29.1
29.0
29.2
29.5
116.3
113.6
112.8
113.8
112.5
113.0
113.5
113.0
113.6
113.9
114.8
116.1
65.6
65.8
66.2
66 7
67.0
67.4
67.5
67.4
67.5
67.4
66.8
66.6
141.8
141.4
141.0
140.8
140.4
140.0
140.3
140.8
140.9
141.0
140.8
141.2
29.0
29.0
29.0
29.0
29.0
29.0
29.0
29.0
29.0
29.0
29.0
28.9
112.8
112.4
112.0
111.8
111.4
111.1
111.3
111.9
112.0
112.0
111.8
112.2
67.3
66.9
67.1
67.3
67.6
67.9
68.7
69.6
70.3
71.2
72.0
72.7
145.0
141.2
139.7
140.7
138.4
138.6
139.1
139.6
140.5
141.3
142.1
144.7
28.9
28.6
28.7
28.8
28.8
28.9
29.1
29.1
29.1
29.1
29.3
29.6
116.1
112.6
111.0
111.9
109.6
109.7
109.9
110.5
111.4
112.2
112.8
115.2
66.8
66.6
67.0
67.5
67.8
68.3
69.1
70.0
70.7
71.4
71.5
72.1
22
U.S.
Govt.
demand
2.3
2.5
4.3
4.2
5.5
6.0
6.0
5.3
4.0
4.2
3.9
3.9
3.2
4.3
3.7
4.6
5.2
4.0
4.9
5.1
5.2
4.9
4.7
4.9
4.1
4.1
4.3
3.6
6.4
6.3
6.7
6.1
5.4
5.6
5.8
4.7
PRINCIPAL ASSETS, LIABILITIES, AND NUMBER OF BANKS
A.
COMMERCIAL AND MUTUAL SAVINGS BANKS, 1941-60
[Single-date figures; amounts in millions of dollars]
Loans and investments
Date
Total
Loans
Deposits
U.S.
Govt. Other
obliga- secutions
rities
Total
assets—
Total
liaCash bilities
assets
and
capital Total
accounts i
Interbank
Other
Borrowings
Demand
Demand
Time
Time
U.S.
Govt.
Total Numcapital ber
acof
counts banks
Other
1941__june 30..
Dec. 31..
57,946
61,126
25,311 23,521
26,615 25,511
9,114 26,760
8,999 27,344
87,290
90,908
78,120
81,816
10,948
10,982
40,530
44,355
26,641
26,479
15
23
8,419 14,855
8,414 14,826
1942—June 30..
Dec. 31..
64,009
78,147
25,081 30,301
23,916 45,951
8,627 25,575 91,889
8,280 28,701 109,024
82,706
99,803
10,287
11,308
46,357
61,437
26,062
27,058
16
13
8,486 14,775
8,566 14,682
1943__j une 30..
Dec. 31..
87,881
96,966
22,241 57,748
23,601 65,932
7,892 26,665 116,639 107,224
7,433 28,475 127,396 117,661
10,895
11,003
67,554
75,569
28,775
31,089
28
49
8,748 14,618
8,996 14,579
1944__june 30.. 108,707
Dec. 30.. 119,461
25,424 75,737
26,015 85,885
7,547 28,164 138,740 128,605
7,561 30,790 152,025 141,448
11,219
12,235
83,588
91,653
33,797
37,561
86
124
9,307 14,553
9,643 14,535
1 9 4 5 _ j u n e 30.. 129,639
Dec. 31.. 140,227
27,979 93,657
30,362 101,288
8,004 30,711 162,045 151,033
8,577 35,415 177,332 165,612
12,605
14,065
96,725
105,935
41,702
45,613
70 10,096 14,542
227 10,542 14,553
1946_J U ne29.. 136,572
Dec. 31.. 131,698
31,486 95,911
35,648 86,558
9,175
9,491
33,124 171,374 159,171
35,041 168,421 155,902
12,311
12,656
98,043
92,446
48,817
50,800
88 11,067 14,567
45 11,360 14,585
1947—June 30.. 131,096
Dec. 31.. 134,924
38,365 82,679
43,002 81,199
63 11,721 14,716
66 11,948 14,714
10,051 33,544 166,337 153,349
10,723 38,388 175,091 161,865
11,679
12,793
240
89,295
1,346 94,381
52,375
53,105
1948—Jan. 28..
Feb. 25..
Mar. 31..
Apr. 28..
M a y 26..
June 30..
July 28..
Aug. 25..
Sept. 29..
Oct. 27..
Nov. 24..
Dec. 31..
135,370
134,390
132,620
133,430
133,690
133,081
134,090
134,440
132,890
133,420
133,500
133,693
43,200
43,650
43,900
43,950
44,680
45,099
45,440
46,000
47,140
47,160
47,910
48,174
81,390
79,970
77,560
78,330
77,870
76,774
77,320
77,020
74,230
74,920
74,320
74,097
10,780
10,770
11,160
11,150
11,140
11,208
11,330
11,420
11,520
11,340
11,270
11,422
34,490
34,510
33,390
33,380
32,940
35,000
33,970
33,850
36,880
37,660
37,480
39,474
171,730
170,830
167,910
168,770
168,710
170,052
170,100
170,390
171,750
173,090
173,040
175,176
158,230
157,130
153,990
154,970
154,640
156,353
156,090
156,340
157,520
159,010
158,560
161,248
11,750
11,220
10,670
10,640
10,380
11,178
11,030
10,960
11,020
11,390
11,280
11,997
250
250
250
260
260
258
260
260
260
260
260
272
1,220
1,660
2,290
2,360
2,250
2,074
2,290
2,280
2,660
2,210
2,130
2,340
91,800
90,470
87,160
88,060
88,100
88,749
88,520
88,860
89,490
91,050
91,070
92,331
53,210
53,530
53,620
53,650
53,650
54,093
53,990
53,980
54,090
54,100
53,820
54,308
280
340
460
240
310
66
290
270
350
190
480
57
11,990
12,040
12,080
12,110
12,220
12,241
12,300
12,360
12,400
12,450
12,470
12,479
14,718
14,726
14,730
14,731
14,727
14,719
14,717
14,719
14,720
14,712
14,709
14,703
1949_Jan. 26..
Feb. 23..
Mar. 30..
Apr. 27..
M a y 25..
June 30..
July 27..
Aug. 31..
Sept. 28..
Oct. 26..
Nov. 30..
Dec. 31..
134,060
133,100
132,300
132,440
133,450
133,868
134,960
138,170
138,840
139,810
140,010
140,598
48,180
47,820
48,220
47,230
46,910
47,076
46,610
47,360
47,950
48,140
49,130
49,544
74,580
73,860
72,560
73,630
74,830
74,877
76,080
78,340
78,290
79,080
78,310
78,433
11,300
11,420
11,520
11,580
11,710
11,915
12,270
12,470
12,600
12,590
12,570
12,621
36,930
36,820
35,050
34,760
33,550
34,966
33,370
32,700
32,410
33,230
33,440
36,522
172,960
171,980
169,310
169,210
169,060
170,804
170,280
172,940
173,200
175,040
175,630
179,170
158,560
157,590
154,760
154,660
154,460
156,470
155,470
157,860
158,250
160,270
160,400
164,467
11,400
10,670
10,230
10,040
10,100
10,608
10,610
10,930
10,950
11,400
11,260
12,388
260
260
260
270
330
331
350
330
340
340
340
322
1,910
2,920
3,280
1,990
1,790
2,147
1,330
2,940
3,580
3,450
3,060
3,074
90,590
89,190
86,190
87,430
87,220
87,998
87,890
88,350
88,050
89,730
90,770
93,082
54,400
54,550
54,800
54,930
55,020
55,386
55,290
55,310
55,330
55,350
54,970
55,601
440
340
420
380
340
31
540
670
380
170
450
20
12,550
12,570
12,650
12,680
12,700
12,845
12,830
12,920
12,980
13,040
13,180
13,088
14,700
14,690
14,692
14,692
14,691
14,680
14,684
14,687
14,690
14,690
14,685
14,687
1950—Jan. 25..
Feb. 21..
Mar. 29..
Apr. 26..
M a y 31..
June 30..
July 26..
Aug. 30..
Sept. 27..
Oct. 25..
Nov. 29..
Dec. 30..
141,820
141,320
141,190
141,340
142,300
142,959
143,570
144,560
144,780
145,730
146,660
148,021
49,610
49,890
50,520
50,770
51,180
51,999
53,320
54,760
56,570
57,690
59,520
60,386
79,490
78,570
77,360
77,110
77,670
77,320
76,440
75,610
73,750
73,610
72,690
72,894
12,720
12,860
13,310
13,460
13,450
13,640
13,810
14,190
14,460
14,430
14,450
14,741
33,580
33,710
32,270
32,680
33,310
34,099
34,210
34,060
35,070
35,430
35,880
41,086
177,440
177,050
175,400
175,980
177,750
179,159
179,920
180,910
181,970
183,350
184,780
191,317
162,510
161,970
159,950
160,570
161,880
163,770
163,840
164,810
165,730
167,180
168,040
175,296
11,730
11,370
10,930
10,930
10,780
11,039
10,900
10,940
11,110
11,910
11,850
13,577
320
320
300
310
350
396
410
430
430
430
460
462
3,160 91,600
4,010 90,310
4,140 88,280
3,050 89,780
3,010 91,160
3,622 91,883
3,410 92,650
3,650 93,550
3,440 94,520
2,920 95,690
2,800 97,030
2,809 101,935
55,700
55,960
56,300
56,500
56,580
56,830
56,470
56,240
56,230
56,230
55,900
56,513
310
280
510
410
530
46
610
390
420
260
660
90
13,110
13,190
13,270
13,270
13,450
13,576
13,610
13,670
13,720
13,800
13,850
13,837
14,689
14,683
14,682
14,684
14,674
14,674
14,665
14,656
14,658
14,658
14,659
14,650
1951—Jan. 31..
Feb. 28..
Mar. 28..
Apr. 25..
M a y 30..
June 30..
July 25..
Aug. 29..
Sept. 26..
Oct. 31..
Nov. 28..
Dec. 31..
146,500
146,480
147,120
146,880
146,680
147,742
147,870
148,950
150,550
152,550
153,980
154,869
60,970
61,920
62,950
63,040
63,340
63,840
63,750
64,470
65,380
66,320
66,990
67,608
70,830 14,700 37,660 186,420 169,280 11,640
69,800 14,760 38,590 187,430 170,500 11,580
69,250 14,920 37,440 186,750 169,760 11,100
68,850 14,990 37,510 186,670 169,770 11,250
68,410 14,930 37,020 186,120 168,810 10,870
68,726 15,176 38,235 188,336 171,860 11,421
68,850 15,270 37,740 187,960 171,020 11,830
69,230 15,250 37,090 188,540 171,100 11,630
69,730 15,440 38,980 191,830 174,480 12,220
70,780 15,450 40,450 195,450 177,730 12,880
71,450 15,540 39,920 196,390 178,200 12,710
71,343 15,918 45,531 202,903 185,756 14,536
580
580
530
490
480
526
560
570
590
610
620
551
2,610 98,190
4,060 97,990
6,170 95,490
5,620 95,820
4,620 96,120
6,128 96,399
4,350 96,800
3,860 97,250
4,880 98,790
3,490 102,330
3,580 103,110
3,362 108,282
56,260
56,290
56,470
56,590
56,720
57,386
57,480
57,790
58,000
58,420
58,180
59,025
1,150
870
910
640
940
77
450
720
590
730
1,010
35
13,870
13,890
13,940
14,000
14,050
14,236
14,270
14,360
14,410
14,530
14,540
14,623
14,645
14,639
14,649
14,647
14,644
14,636
14,637
14,634
14,634
14,631
14,625
14,618
For note see p. 29.
23
PRINCIPAL ASSETS, LIABILITIES, AND NUMBER OF BANKS — Continued
A.
COMMERCIAL AND MUTUAL SAVINGS BANKS, 1941-60 — Continued
[Single-date figures; amounts in millions of dollars]
Loans and investments
Date
Total
Loans
Deposits
U.S.
Govt. Other
obliga- secutions
rities
Total
assets—
Total
liaCash bilities
assets
and
capital
accounts 1
Other
Interbank
Borrowings
Demand
Total
Demand
Time
Time
U.S.
Govt.
Total Numcapital ber
acof
counts banks
Other
1952—Jan. 30..
Feb. 27..
Mar. 26..
Apr. 30..
M a y 28..
June 30..
July 30..
Aug. 27..
Sept. 24..
Oct. 29..
Nov. 26..
Dec. 31..
155,200
154,790
155,280
155,250
156,150
157,528
160,200
160,100
160,750
163,200
165,490
165,626
67,460
67,630
67,990
68,490
68,920
69,742
70,360
70,970
72,090
73,470
74,600
75,512
71,820
71,060
70,920
70,210
70,450
70,783
72,650
71,670
71,280
72,400
73,560
72,740
15,920
16,100
16,370
16,550
16,780
17,002
17,190
17,460
17,380
17,330
17,330
17,374
39,900
39,820
40,230
40,050
39,350
41,667
40,010
39,160
40,980
41,220
42,620
45,584
197,580
197,240
197,940
197,860
198,130
201,793
202,760
201,860
204,240
206,990
210,760
213,837
179,460
178,770
180,140
179,360
179,310
184,130
183,450
182,770
185,440
187,260
190,620
195,552
12,780
12,360
12,650
11,790
11,630
12,897
12,110
12,260
13,220
13,120
13,140
14,575
540
540
550
550
570
616
630
630
650
690
740
746
2,530
3,630
5,560
4,230
4,090
5,839
6,700
5,900
6,180
5,000
6,720
4,944
104,330
102,610
101,330
102,440
102,310
103,408
102,470
102,120
103,170
105,800
107,470
111,689
59,280
59,630
60,050
60,350
60,710
61,369
61,540
61,860
62,220
62,650
62,550
63,598
930
1,080
470
1,050
1,220
94
1,770
1,400
920
1,720
1,960
188
14,640
14,690
14,770
14,890
14,940
15,039
15,020
15,070
15,170
15,260
15,280
15,367
14,615
14,615
14,606
14,602
14,608
14,599
14,605
14,603
14,599
14,591
14,586
14,575
1953_j a n . 28..
Feb. 25..
Mar. 25..
Apr. 29..
M a y 27..
June 30..
July 29..
Aug. 26..
Sept. 30..
Oct. 28..
Nov. 25..
Dec. 31..
165,030
164,580
164,610
163,310
163,100
163,082
168,500
168,590
168,560
169,580
171,240
171,497
75,330
75,630
76,820
77,110
77,420
77,117
77,850
78,370
78,730
79,720
80,010
80,518
72,250
71,410
70,040
68,400
67,840
68,108
72,700
72,070
71,620
71,660
72,990
72,610
17,450
17,540
17,750
17,800
17,840
17,856
17,950
18,150
18,210
18,200
18,240
18,370
40,800
41,350
40,300
39,410
39,240
42,023
39,230
39,060
41,480
40,980
41,520
45,811
208,410
208,540
207,410
205,330
205,040
207,758
210,420
210,410
212,860
213,350
215,620
220,140
188,590
188,760
187,660
185,460
185,030
189,159
190,620
190,350
193,080
193,140
194,990
201,100
12,780
12,530
12,140
11,900
11,840
12,752
12,100
12,020
13,000
13,250
13,100
14,788
740
730
760
790
810
848
860
900
900
1,050
1,130
1,169
3,920
5,100
5,530
2,560
2,600
3,636
7,170
6,680
5,870
3,440
5,410
4,149
107,290
106,180
104,580
105,180
104,360
105,753
104,150
104,170
106,230
107,820
108,070
112,639
63,860
64,220
64,650
65,030
65,420
66,170
66,340
66,580
67,080
67,580
67,280
68,355
1,710
1,480
1,520
1,480
1,420
113
1,160
1,200
640
1,030
1,290
62
15,370
15,440
15,490
15,570
15,680
15,791
15,810
15,890
16,070
16,120
16,200
16,118
14,571
14,563
14,556
14,546
14,546
14,537
14,534
14,532
14,525
14,518
14,510
14,509
1954__jan. 27..
Feb. 24..
Mar. 31..
Apr. 28..
M a y 26..
June 30..
July 28..
Aug. 25..
Sept. 29..
Oct. 27..
Nov. 24..
Dec. 31..
171,380
171,100
169,190
170,710
172,560
173,343
174,380
176,790
178,040
181,600
183,370
183,784
79,500
80,020
80,380
80,280
80,870
81,227
81,340
80,690
81,680
82,330
84,230
85,617
73,350
72,220
69,800
71,240
72,390
72,525
73,270
76,210
76,200
79,000
78,860
77,728
18,530
18,860
19,010
19,190
19,300
19,591
19,770
19,890
20,160
20,270
20,280
20,439
41,280
41,250
41,500
40,780
40,210
42,556
40,230
39,480
40,620
41,630
42,180
44,585
215,510
215,210
213,530
214,450
215,820
218,900
217,640
219,300
221,710
226,360
228,690
231,654
195,950
194,970
194,160
194,450
195,300
199,508
197,310
198,780
201,150
205,250
207,260
211,115
13,480
12,910
13,070
12,750
12,520
13,799
13,180
13,420
13,680
13,970
13,870
15,050
1,230
1,300
1,420
1,510
1,590
1,701
1,760
1,790
1,790
1,700
1,700
1,761
3,110
4,220
5,060
4,190
4,810
5,594
3,580
5,140
4,120
5,730
6,620
4,176
109,510
107,540
104,900
105,990
105,820
107,043
107,010
106,290
109,020
110,920
112,540
116,617
68,620
69,000
69,710
70,010
70,560
71,371
71,780
72,140
72,540
72,930
72,530
73,511
520
1,010
230
630
960
55
750
760
610
760
790
31
16,170
16,290
16,350
16,480
16,550
16,664
16,690
16,770
16,860
17,080
17,320
17,270
14,510
14,488
14,482
14,472
14,468
14,465
14,457
14,446
14,436
14,422
14,406
14,367
1955_Jan. 26..
Feb. 23..
Mar. 30..
Apr. 27..
M a y 25..
June 30..
July 27..
Aug. 31..
Sept. 28..
Oct. 26..
Nov. 30..
Dec. 31..
184,340 85,710
183,100 86,500
182,050 87,860
184,210 88,640
184,410 89,790
184,253 91,355
186,190 92,930
186,070 93,940
186,810 95,240
188,490 96,260
189,100 98,650
190,780 100,057
77,770
75,580
72,980
74,390
73,740
71,947
72,410
71,190
70,680
71,410
69,840
70,052
20,860
21,020
21,210
21,180
20,880
20,951
20,850
20,940
20,890
20,820
20,610
20,670
42,110
41,460
40,230
40,850
39,650
42,014
40,720
40,610
41,110
41,480
42,470
47,803
229,780
227,930
225,660
228,550
227,410
229,631
230,240
230,060
231,230
233,340
235,120
242,008
208,140 13,430
205,900 12,790
203,400 12,920
206,480 12,870
205,100 12,330
208,850 13,484
207,900 12,730
207,750 12,840
208,710 12,940
210,450 12,960
211,860 13,010
220,441 15,059
1,800
1,760
1,750
1,700
1,690
1,761
1,760
1,730
1,760
1,750
1,770
1,587
3,470
4,260
4,070
4,610
5,130
5,081
5,740
4,860
4,220
4,530
4,210
3,712
115,760
113,170
110,200
112,760
111,110
113,034
112,240
112,490
113,690
114,910
116,980
123,238
73,680
73,920
74,460
74,540
74,840
75,491
75,430
75,830
76,100
76,300
75,890
76,844
970
1,090
1,490
1,290
1,390
150
1,500
1,200
1,280
1,460
1,480
163
17,340
17,440
17,410
17,490
17,630
17,663
17,750
17,890
17,930
18,090
18,210
18,112
14,360
14,351
14,330
14,314
14,312
14,309
14,303
14,290
14,286
14,269
14,264
14,243
1956—Jan. 25..
Feb. 29..
Mar. 28..
Apr. 25..
M a y 30..
June 30..
July 25..
Aug. 29..
Sept. 26..
Oct. 31..
Nov. 28..
Dec. 31..
189,530
188,700
190,530
190,810
190,640
191,074
190,860
192,500
193,660
194,230
195,780
197,063
99,600
100,360
102,730
103,520
104,430
105,525
105,960
106,530
107,720
108,220
109,160
110,079
69,380
67,640
67,080
66,580
65,700
64,917
64,490
65,420
65,160
65,510
66,180
66,523
20,550
20,700
20,720
20,710
20,510
20,632
20,410
20,550
20,780
20,500
20,440
20,461
41,170
41,430
40,830
40,710
40,800
43,361
40,770
40,560
42,530
43,160
43,170
49,641
234,180
233,720
234,910
235,070
235,010
238,133
235,260
236,840
240,080
241,370
242,990
250,770
211,040
210,130
211,140
211,070
210,890
215,510
211,250
212,520
215,210
216,570
218,000
227,546
13,040
12,640
12,780
12,750
12,180
13,626
13,020
12,900
13,480
13,770
13,770
16,133
1,510
1,420
1,430
1,470
1,510
1,615
1,540
1,560
1,590
1,610
1,590
1,462
2,010
3,640
6,170
4,110
5,450
5,235
3,290
5,460
5,110
3,480
4,930
3,736
117,600
115,140
112,930
114,910
113,580
115,850
114,140
113,050
115,140
117,590
118,140
125,308
76,880
77,290
77,830
77,830
78,170
79,182
79,260
79,550
79,890
80,120
79,570
80,908
1,590
1,630
1,810
1,870
1,740
356
1,580
1,480
1,620
1,450
1,390
78
18,160
18,360
18,410
18,580
18,710
18,811
18,840
18,960
19,210
19,260
19,360
19,249
14,250
14,230
14,229
14,224
14,218
14,206
14,204
14,207
14,206
14,194
14,186
14,167
1957_j a n . 30..
Feb. 27..
Mar. 27..
Apr. 24..
M a y 29..
June 26..
July 31..
Aug. 28..
Sept. 25..
Oct. 30..
Nov. 27..
Dec. 31..
194,950
194,810
195,440
197,810
197,980
198,600
198,530
199,250
199,820
201,450
200,910
203,849
108,830
109,350
110,800
111,260
111,620
113,810
112,960
113,590
114,260
113,970
114,060
115,115
65,680
64,820
63,750
65,410
65,010
63,360
64,140
64,040
63,720
64,990
64,460
65,792
20,440
20,640
20,890
21,140
21,350
21,430
21,430
21,620
21,840
22,490
22,390
22,943
41,640
42,350
41,550
42,050
41,570
42,250
42,840
42,080
42,040
42,590
43,600
49,318
240,730
241,310
241,130
244,110
243,790
245,050
245,740
245,850
246,370
248,660
249,150
257,864
216,040
216,170
215,900
218,930
218,010
219,790
220,640
219,700
220,150
222,030
222,380
233,020
12,720
12,820
13,010
13,040
12,200
12,900
13,510
12,970
13,350
13,240
13,090
15,636
1,460
1,460
1,470
1,410
1,500
1,480
1,440
1,400
1,450
1,470
1,460
1,386
1,620
2,510
3,510
4,050
5,040
4,490
3,390
4,130
3,580
3,180
3,040
3,903
118,600
117,070
114,550
116,720
114,770
115,690
116,690
115,150
115,160
117,100
118,190
123,993
81,640
82,310
83,360
83,710
84,500
85,230
85,610
86,050
86,610
87,040
86,600
88,102
1,490
1,670
1,830
1,550
1,910
1,690
1,220
1,750
1,690
1,790
1,710
80
19,340
19,480
19,520
19,590
19,710
19,760
20,000
20,140
20,210
20,450
20,540
20,428
14,163
14,158
14,160
14,154
14,145
14,138
14,135
14,133
14,128
14,113
14,102
14,090
For note see p. 29.
24
3. PRINCIPAL ASSETS, LIABILITIES, AND NUMBER OF BANKS — Continued
A.
COMMERCIAL AND MUTUAL SAVINGS BANKS, 1941-60 — Continued
[Single-date figures; amounts in millions of dollars]
Loans and investments
Date
Total
Loans
U.S.
Govt. Other
obliga- secutions
rities
Deposits
Total
assets—
Total
liaCash bilities
assets
and
capital
accounts 1
Interbank
Other
Borrowings
Demand
Total
Demand
Time
Time
U.S.
Govt.
Total Numcapital ber
acof
counts banks
Other
1958—Jan. 29..
Feb. 26..
Mar. 26..
Apr. 30..
M a y 28..
June 23..
July 30..
Aug. 27..
Sept. 24..
Oct. 29..
Nov. 26..
Dec. 31..
201,780
202,880
205,990
210,290
210,440
215,179
213,100
215,740
215,470
217,690
220,210
221,485
113,400
113,580
114,610
115,220
114,890
117,808
116,020
116,390
117,060
117,960
119,230
121,571
65,240
65,770
67,120
70,310
70,570
71,611
71,560
73,510
72,140
73,500
74,950
73,641
23,140
23,530
24,260
24,760
24,980
25,760
25,520
25,840
26,270
26,230
26,030
26,273
41,950
42,290
42,220
43,730
42,000
44,423
42,730
42,110
42,190
43,020
45,130
49,911
248,540
250,060
253,130
259,000
257,240
264,525
260,800
262,700
262,580
265,490
270,180
276,430
222,430
223,590
226,810
232,360
230,280
237,204
233,880
234,940
234,420
237,450
241,070
250,057
13,130
13,000
13,260
13,930
13,530
13,789
14,290
14,150
14,010
14,000
13,590
15,799
1,700
2,130
2,300
2,390
2,450
2,497
2,390
2,380
2,400
2,340
2,360
2,374
2,150
3,500
5,560
5,180
5,420
9,209
4,000
5,490
4,220
3,440
5,600
4,253
116,680
115,040
114,210
118,190
115,260
117,113
117,620
116,830
117,460
121,060
123,610
130,132
88,770
89,920
91,480
92,670
93,620
94,596
95,580
96,090
96,330
96,610
95,910
97,498
1,150
1,070
900
1,000
1,110
1,137
810
1,300
1,560
1,400
2,150
81
20,560
20,700
20,830
20,910
21,040
21,359
21,390
21,540
21,660
21,710
21,820
21,705
14,081
14,076
14,078
14,071
14,065
14,055
14,040
14,036
14,034
14,028
14,033
14,020
1959—Jan. 28..
Feb. 25..
Mar. 25..
Apr. 29..
M a y 27..
June 24..
July 29..
Aug. 26..
Sept. 30..
Oct. 28..
Nov. 25..
Dec. 31..
221,920
220,340
219,690
222,610
222,880
223,200
225,060
225,780
225,530
225,870
225,810
227,831
121,030
121,370
122,850
125,010
126,440
128,690
130,350
131,970
132,610
133,050
134,520
135,958
74,850
72,880
70,580
71,010
70,010
68,170
68,400
67,570
66,470
66,580
65,360
65,801
26,040
26,090
26,260
26,590
26,430
26,340
26,310
26,240
26,450
26,240
25,930
26,071
43,200
43,560
42,240
43,300
42,510
42,730
42,290
42,150
44,630
44,030
44,870
50,296
270,100
268,750
266,880
270,990
270,480
270,990
272,520
273,010
275,500
275,160
275,990
283,629
241,830
239,740
238,150
242,100
241,090
241,230
242,690
242,550
246,320
244,850
244,830
254,885
13,110
12,850
13,030
12,850
12,750
12,870
12,630
12,900
13,700
13,150
13,200
15,650
2,410
2,290
2,340
2,360
2,230
2,030
1,990
1,910
1,780
1,710
1,610
1,443
4,490
4,150
3,590
4,280
4,890
4,420
4,680
5,720
6,140
5,190
4,400
5,054
124,240
122,520
120,480
123,470
121,540
121,600
123,250
121,490
123,860
124,350
125,960
131,622
97,580
97,930
98,710
99,140
99,680
100,310
100,140
100,530
100,840
100,450
99,660
101,116
1,770
2,210
2,050
2,090
2,240
2,710
2,580
2,770
1,410
2,480
2,860
624
21,780
21,860
21,980
22,130
22,270
22,360
22,510
22,700
22,840
22,870
22,990
22,915
14,030
14,022
14,012
14,009
14,000
13,997
13,994
14,004
13,996
13,995
13,993
13,991
1960—Jan. 27..
Feb. 24..
Mar. 30..
Apr. 27..
M a y 25..
June 29..
July 27..
Aug. 31..
Sept. 28..
Oct. 26..
Nov. 30..
Dec. 31..
225,530
224,410
223,770
226,820
226,710
227,200
229,370
229,940
232,100
234,520
234,510
238,623
134,860
135,710
137,010
138,660
139,550
140,990
140,520
141,230
142,180
141,720
142,090
144,764
64,840
63,000
61,060
62,570
61,810
60,760
63,200
63,110
64,190
66,790
66,560
67,242
25,830
25,700
25,700
25,590
25,350
25,450
25,650
25,600
25,730
26,010
25,860
26,617
43,160
43,490
42,530
43,300
42,030
43,710
43,770
43,830
44,500
45,850
46,880
53,022
274,270
273,430
271,990
275,760
274,360
276,710
279,050
280,000
282,710
286,550
287,650
298,126
243,550
241,760
239,630
243,260
241,320
244,470
245,900
245,830
249,330
252,510
254,200
266,196
12,920
12,710
12,680
12,520
12,210
13,300
13,070
13,500
13,670
14,180
15,600
17,080
1,390
1,290
1,270
1,470
1,490
1,440
1,480
1,610
1,670
1,690
1,740
1,800
3,540
4,480
4,410
4,480
6,880
7,060
6,230
5,440
7,390
5,970
5,360
5,949
125,320
122,720
119,720
123,120
118,720
119,570
121,460
120,600
121,130
124,450
125,290
133,408
100,380
100,560
101,550
101,670
102,020
103,100
103,660
104,680
105,470
106,220
106,210
107,959
2,340
2,820
3,290
3,000
3,180
2,170
2,590
2,920
2,050
2,480
1,330
167
23,040
23,150
23,260
23,350
23,520
23,770
23,890
24,120
24,230
24,370
24,590
24,539
13,997
13,999
13,999
13,996
14,002
14,000
13,999
13,998
14,000
13,989
13,985
13,986
For note see p. 29.
25
PRINCIPAL ASSETS, LIABILITIES, AND NUMBER OF BANKS- - Continued
B. COMMERCIAL BANKS, 1941-60
[Single-date figures; amounts in millions of dollars]
Loans and investments
Date
Total
Loans
Deposits
U.S.
Govt. Other
obliga- secutions
rities
Total
assets—
Total
liaCash bilities
assets
and
capital
accounts1
Interbank
Total
Other
Borrowings
Dei
Demand
Total Numcapital ber
acof
counts banks
Time
Time
U.S.
Govt.
Other
1941—June 30..
Dec. 31..
47,627
50,746
20,355 20,114
21,714 21,808
7,159 25,792
7,225 26,551
75,295
79,104
67,500
71,283
10,936
10,982
40,565
44,349
15,999
15,952
15
23
7,106 14,305
7,173 14,278
1942—June 30..
Dec. 31..
53,652
67,393
20,265 26,411
19,221 41,379
6,976 24,822
6,793 28,039
80,207
97,091
72,312
89,135
10,273
11,308
46,373
61,431
15,665
16,395
16
13
7,237 14,228
7,330 14,136
1943—June 30..
Dec. 31..
76,633
85,095
17,665 52,454
19,117 59,842
6,514
6,136
25,943 104,210 96,080
27,677 114,350 105,923
10,883
11,003
67,566
75,569
17,632
19,350
28
49
7,501 14,073
7,719 14,034
1944—June 30.. 95,731
Dec. 30.. 105,530
21,010 68,431
21,644 77,557
6,290 27,629 124,904 116,133
6,329 30,206 137,237 128,072
11,219
12,235
83,588
91,653
21,326
24,184
86
123
7,982 14,009
8,265 13,992
1945—June 30.. 114,505
Dec. 31.. 124,019
23,672 84,069
26,083 90,606
6,764 30,127 146,094 136,607
7,331 34,806 160,312 150,227
12,605
14,065
96,725
105,921
27,276
30,241
69
219
8,618 14,000
8,950 14,011
1946—June 29.. 119,448
Dec. 31.. 113,993
27,130 84,473
31,122 74,780
7,845 32,378 153,321 142,890
8,091 34,223 149,718 139,033
12,311
12,656
98,043
92,446
32,536
33,930
87
45
9,352 14,026
9,577 14,044
1947_j U ne30.. 112,756
Dec. 31.. 116,284
33,679 70,539
38,057 69,221
8,538 32,704 146,975 135,907
9,006 37,502 155,377 144,103
63 9,880 14,183
65 10,059 14,181
11,679
12,792
240
89,281
1,343 94,367
34,947
35,360
1948_Jan. 28..
Feb. 25..
Mar. 31..
Apr. 28..
M a y 26..
June 30.
July 28..
Aug. 25..
Sept. 29..
Oct. 27..
Nov.24..
Dec. 31..
116,600
115,540
113,600
114,340
114,570
113,855
114,760
115,100
113,600
114,120
114,220
114,298
38,240
38,660
38,860
38,850
39,520
39,865
40,140
40,630
41,720
41,640
42,320
42,488
69,350
67,930
65,470
66,270
65,870
64 798
65,310
65,100
62,460
63,260
62,780
62,622
9,010
8,950
9,270
9,220
9,180
9,192
9,310
9,370
9,420
9,220
9,120
9,189
33,640
33,660
32,590
32,630
32,180
34,168
33,240
33,110
36,000
36,820
36,680
38,596
151,910
150,910
147,870
148,700
148,580
149,799
149,840
150,090
151,360
152,710
152,710
154,702
140,350
139,180
135,960
136,910
136,550
138,142
137,880
138,110
139,240
140,720
140,340
142,843
11,750
11,220
10,670
10,640
10,380
11,178
11,030
10,960
11,020
11,390
11,280
11,997
250
250
250
260
260
258
260
260
260
260
260
272
1,220
1,660
2,290
2,360
2,250
2,072
2,290
2,280
2,660
2,210
2,130
2,338
91,790
90,460
87,150
88,040
88,080
88,734
88,500
88,840
89,470
91,030
91,050
92,316
35,340
35,590
35,600
35,610
35,580
35,899
35,800
35,770
35,830
35,830
35,620
35,920
280
340
460
240
310
66
290
270
350
190
480
56
10,110
10,150
10,170
10,200
10,290
10,287
10,340
10,390
10,420
10,460
10,480
10,480
14,185
14,193
14,197
14,198
14,194
14,187
14,185
14,187
14,188
14,180
14,177
14,171
1949—Jan. 26..
Feb. 23..
Mar. 30..
Apr. 27..
M a y 25..
June 30..
July 27..
Aug. 31..
Sept. 28..
Oct. 26..
Nov. 30..
Dec. 31..
114,470
113,410
112,500
112,510
113,440
113,773
114,770
117,930
118,530
119,480
119,700
120,197
42,450
42,030
42,370
41,320
40,930
41,025
40,510
41,190
41,680
41,780
42,660
42,965
62,970
62,240
60,880
61,950
63,170
63,220
64,440
66,710
66,700
67,560
66,910
67,005
9,050
9,140
9,250
9,240
9,340
9,528
9,820
10,030
10,150
10,140
10,130
10,227
36,130
36,030
34,240
34,030
32,820
34,166
32,600
31,920
31,630
32,450
32,680
35,650
152,360
151,280
148,470
148,300
148,060
149,699
149,120
151,700
151,880
153,680
154,280
157,677
140,040
139,010
136,070
135,910
135,650
137,520
136,480
138,830
139,170
141,150
141,330
145,174
11,400
10,670
10,230
10,040
10,100
10,608
10,610
10,930
10,950
11,400
11,260
12,388
260
260
260
270
330
330
350
330
340
340
340
321
1,910
2,920
3,280
1,990
1,790
2,145
1,330
2,940
3,580
3,450
3,060
3,074
90,570
89,170
86,170
87,410
87,200
87,983
87,870
88,330
88,030
89,710
90,750
93,062
35,900
35,990
36,130
36,200
36,230
36,455
36,320
36,300
36,270
36,250
35,920
36,328
440
340
420
380
340
30
540
670
380
170
450
20
10,550
10,560
10,620
10,650
10,660
10,780
10,760
10,830
10,880
10,930
11,050
10,967
14,168
14,159
14,162
14,162
14,161
14,150
14,154
14,157
14,160
14,159
14,154
14,156
1950—Jan. 25..
Feb. 21..
Mar. 29..
Apr. 26..
M a y 31..
June 30..
July 26..
Aug. 30..
Sept. 27..
Oct. 25..
Nov. 29..
Dec. 30..
121,230
120,600
120,300
120,330
121,160
121,767
122,320
123,300
123,560
124,450
125,380
126,675
42,940
43,130
43,650
43,800
44,080
44,796
45,980
47,270
48,930
49,850
51,510
52,249
67,980
67,070
65,810
65,540
66,100
65,751
64,950
64,230
62,540
62,520
61,740
62,027
10,310
10,400
10,840
10,990
10,980
11,221
11,390
11,800
12,090
12,080
12,130
12,399
32,750
32,870
31,410
31,880
32,540
33,268
33,460
33,330
34,270
34,700
35,160
40,289
155,780
155,230
153,400
153,900
155,560
156,908
157,690
158,680
159,680
161,060
162,500
168,932
143,080
142,440
140,270
140,820
142,070
143,827
143,940
144,950
145,840
147,280
148,190
155,265
11,730
11,370
10,930
10,930
10,780
11,039
10,900
10,940
11,110
11,910
11,850
13,577
320
320
300
310
350
396
410
430
430
430
460
462
3,160 91,580
4,010 90,290
4,140 88,260
3,050 89,760
3,010 91,140
3,622 91,863
3,410 92,630
3,650 93,530
3,440 94,500
2,920 95,670
2,800 97,010
2,806 101,917
36,290
36,450
36,640
36,770
36,790
36,907
36,590
36,400
36,360
36,350
36,070
36,503
310
280
510
410
530
46
610
390
420
260
660
90
10,980
11,020
11,080
11,090
11,250
11,387
11,420
11,470
11,500
11,580
11,620
11,590
14,158
14,152
14,151
14,153
14,143
14,144
14,135
14,127
14,129
14,129
14,130
14,121
1951—Jan. 31..
Feb. 28..
Mar. 28..
Apr. 25..
M a y 30..
June 30..
July 25..
Aug. 29..
Sept. 26..
Oct. 31..
Nov. 28..
Dec. 31..
125,050
125,010
125,740
125,390
125,060
126,045
126,070
127,030
128,550
130,480
131,860
132,610
52,710
53,540
54,420
54,350
54,460
54,821
54,590
55,160
55,960
56,750
57,270
57,746
59,980
59,060
58,770
58,470
58,110
58,521
58,720
59,140
59,690
60,850
61,630
61,524
12,360
12,410
12,550
12,570
12,490
12,703
12,760
12,730
12,900
12,880
12,960
13,339
36,950
37,870
36,560
36,660
36,220
37,384
36,920
36,300
38,170
39,650
39,160
44,645
163,990
164,960
164,210
164,050
163,400
165,501
165,040
165,520
168,700
172,270
173,180
179,465
149,230
150,440
149,650
149,600
148,570
151,457
150,560
150,570
153,870
157,060
157,540
164,840
11,640
11,580
11,100
11,250
10,870
11,421
11,830
11,630
12,220
12,880
12,710
14,536
580
580
530
490
480
525
560
570
590
610
620
550
2,610 98,170
4,060 97,970
6,170 95,470
5,620 95,800
4,620 96,100
6,126 96,381
4,350 96,780
3,860 97,230
4,880 98,770
3,490 102,310
3,580 103,090
3,359 108,259
36,230
36,250
36,380
36,440
36,500
37,004
37,040
37,280
37,410
37,770
37,540
38,137
1,150
870
910
640
940
75
450
720
590
730
1,010
34
11,610
11,630
11,660
11,130
11,770
11,951
11,980
12,060
12,090
12,200
12,200
12,216
14,116
14,110
14,120
14,117
14,114
14,107
14,108
14,105
14,105
14,102
14,096
14,089
For note see p. 29.
26
3. PRINCIPAL ASSETS, LIABILITIES, AND NUMBER OF BANKS — Continued
B. COMMERCIAL BANKS, 1941-60 — Continued
[Single-date figures; amounts in millions of dollars]
Deposits
Loans and investments
Date
Total
Loans
U.S.
Govt.
obliga
tions
Other
securities
Total
assets—
Total
liaCash bilities
assets
and
capita]
accounts
Other
Interbank
Total
Borrowings
Demand
Demand
Time
Time
U.S.
Govt.
Total Numcapital ber
acof
counts banks
Other
1952—Jan. 30.
Feb. 27.
Mar. 26.
Apr. 30.
M a y 28.
June 30.
July 30.
Aug. 27.
Sept. 24.
Oct. 29.
Nov. 26.
Dec. 31.
132,77
132,24
132,53
132,34
133,06
134,43
136,76
136,55
137,09
139,44
141,66
141,62
57,51
57,59
57,84
58,22
58,52
59,23
59,720
60,210
61,200
62,410
63,400
64,16
61,99
61,26
61,12
60,45
60,70
61,17
62,90
61,960
61,610
62,860
64,090
63,31
13,27
13,39
13,57
13,67
13,84
14,02
14,140
14,380
14,280
14,170
14,170
14,143
39,07
38,97
39,38
39,22
38,53
40,70
39,26
38,38
40,13
40,40
41,82
44,66
174,01
173,52
174,02
173,80
173,89
177,41
178,250
177,210
179,40
182,080
185,790
188,60
158,41
157,62
158,81
157,91
157,72
162,34
161,56
160,77
163,26
164,99
168,34
172,93
12,78
12,36
12,650
11,79
11,630
12,89
12,110
12,260
13,220
13,120
13,140
14,575
540
540
550
550
570
614
630
630
650
690
740
744
2,530
3,630
5,560
4,230
4,090
5,837
6,700
5,900
6,180
5,000
6,720
4,941
104,30
102,58
101,30
102,41
102,28
103,38
102,440
102,090
103,140
105,770
107,440
111,659
38,26
38,510
38,750
38,930
39,150
39,61
39,680
39,890
40,070
40,410
40,300
41,012
930
1,080
470
1,050
1,220
94
1,770
1,400
920
1,720
1,960
188
12,240
12,280
12,340
12,460
12,500
12,60
12,580
12,630
12,720
12,800
12,820
12,888
14,086
14,086
14,077
14,073
14,079
14,070
14,076
14,074
14,070
14,062
14,057
14,046
1953—Jan. 28.
Feb. 25.
Mar. 25.
Apr. 29.
M a y 27.
June 30.
July 29.
Aug. 26.
Sept. 30.
Oct. 28.
Nov. 25..
Dec. 31..
140,78
140,10
140,00
138,52
138,10
137,957
143,190
143,130
142,990
143,970
145,530
145,687
63,860
64,070
65,170
65,280
65,440
65,025
65,630
66,040
66,260
67,120
67,250
67,593
62,760
61,900
60,520
58,890
58,310
58,644
63,220
62,590
62,200
62,340
63,720
63,426
14,160
14,130
14,310
14,350
14,350
14,287
14,340
14,500
14,530
14,510
14,560
14,668
39,920
40,500
39,420
38,560
38,450
41,156
38,420
38,260
40,640
40,100
40,710
44,828
182,960
182,870
181,570
179,320
178,870
181,425
183,940
183,790
186,080
186,480
188,720
193,010
165,780
165,830
164,530
162,180
161,630
165,531
166,880
166,520
169,090
169,050
170,920
176,702
12,780
12,530
12,140
11,900
11,840
12,752
12,100
12,020
13,000
13,250
13,100
14,788
740
730
760
790
810
846
860
900
900
1,050
1,130
1,167
3,920
5,100
5,530
2,560
2,600
3,634
7,170
6,680
5,870
3,440
5,410
4,146
107,260
106,150
104,550
105,150
104,330
105,718
104,120
104,130
106,190
107,780
108,030
112,604
41,080
41,320
41,550
41,780
42,050
42,581
42,630
42,790
43,130
43,530
43,250
43,997
1,710
1,480
1,520
1,480
1,420
113
1,160
1,200
640
1,030
1,290
62
12,890
12,950
12,980
13,070
13,180
13,275
13,290
13,350
13,520
13,570
13,630
13,559
14,042
14,035
14,028
14,018
14,018
14,009
14,006
14,004
13,997
13,990
13,982
13,981
1954__jan. 27..
Feb. 24..
Mar. 31..
Apr. 28..
M a y 26..
June 30..
July 28..
Aug. 25..
Sept. 29..
Oct. 27..
Nov. 24..
Dec. 31..
145,330
144,900
142,790
144,110
145,690
146,383
147,280
149,490
150,580
154,010
155,710
155,916
66,460
66,870
67,050
66,750
67,120
67,337
67,290
66,450
67,250
67,740
69,450
70,619
64,160
63,030
60,650
62,130
63,280
63,508
64,340
67,300
67,330
70,160
70,110
68,981
14,710
15,000
15,090
15,230
15,290
15,538
15,650
15,740
16,000
16,110
16,150
16,316
40,330
40,290
40,490
39,830
39,330
41,569
39,260
38,540
39,670
40,720
41,260
43,559
188,150
187,670
185,740
186,520
187,670
190,585
189,190
190,670
192,900
197,480
199,720
202,378
171,360
170,270
169,220
169,400
170,080
174,068
171,770
173,130
175,300
179,300
181,280
184,757
13,480
12,910
13,070
12,750
12,520
13,798
13,180
13,420
13,680
13,970
13,870
15,050
1,230
1,300
1,420
1,510
1,590
1,699
1,760
1,790
1,790
1,700
1,700
1,759
3,110
4,220
5,060
4,190
4,810
5,591
3,580
5,140
4,120
5,730
6,620
4,172
109,470
107,500
104,860
105,950
105,780
106,996
106,960
106,240
108,970
110,870
112,490
116,567
44,070
44,340
44,810
45,000
45,380
45,983
46,290
46,540
46,740
47,030
46,600
47,209
520
1,010
230
630
960
55
750
760
610
760
790
31
13,600
13,700
13,750
13,870
13,930
14,038
14,060
14,120
14,200
14,420
14,640
14,576
13,982
13,960
13,954
13,944
13,940
13,937
13,929
13,919
13,909
13,895
13,879
13,840
1955—Jan. 26..
Feb. 23..
Mar. 30..
Apr. 27..
M a y 25..
June 30..
July 27..
Aug. 31..
Sept. 28..
Oct. 26..
Nov. 30..
Dec. 31..
156,250
154,820
153,490
155,540
155,570
155,264
156,990
156,680
157,260
158,860
159,390
160,881
70,550
71,180
72,310
72,920
73,850
75,183
76,570
77,340
78,390
79,210
81,390
82,601
69,000
66,800
64,180
65,630
65,000
63,271
63,700
62,490
62,020
62,860
61,370
61,592
16,700
16,840
17,000
16,990
16,720
16 809
16,720
16,850
16,850
16,790
16,630
16,688
41,080
40,470
39,250
39,920
38,700
41,025
39,790
39,680
40,190
40,590
41,580
46,838
200,270
198,250
195,700
198,540
197,210
199,249
199,710
199,340
200,350
202,410
204,100
210,734
181,590
179,240
176,460
179,500
177,990
181,516
180,470
180,200
180,990
182,640
184,020
192,254
13,430
12,790
12,920
12,870
12,330
13,483
12,730
12,840
12,940
12,960
13,010
15,058
1,800
1,760
1,750
1,700
1,690
1,759
1,760
1,730
1,760
1,750
1,770
1,585
3,470
4,260
4,070
4,610
5,130
5,078
5,740
4,860
4,220
4,530
4,210
3,709
115,710
113,120
110,150
112,710
111,060
112,983
112,190
112,440
113,640
114,860
116,930
123,187
47,180
47,310
47,570
47,610
47,780
48,214
48,050
48,330
48,430
48,540
48,100
48,715
970
1,090
1,490
1,290
1,390
150
1,500
1,200
1,280
1,460
1,480
159
14,650
14,730
14,680
14,770
14,890
14,906
14,980
15,100
15,110
15,300
15,390
15,300
13,833
13,824
13,803
13,786
13,784
13,781
13,776
13,763
13,759
13,742
13,737
13,716
1956—Jan. 25..
Feb. 29..
Mar. 28..
Apr. 25..
M a y 30..
June 30..
July 25..
Aug. 29..
Sept. 26..
Oct. 31..
Nov. 28..
Dec. 31..
159,410
158,350
159,930
160,080
159,690
160,008
159,580
161,030
162,030
162,540
163,970
165,123
81,980
82,540
84,690
85,290
85,960
86,887
87,140
87,470
88,480
88,780
89,510
90,302
60,900
59,170
58,600
58,150
57,310
56,620
56,190
57,170
56,950
57,450
58,200
58,552
16,530
16,640
16,640
16,640
16,420
16,502
16,250
16,390
16,600
16,310
16,260
16,269
40,260
40,530
39,940
39,880
39,970
42,444
39,920
39,730
41,700
42,360
42,390
48,720
202,730
202,040
202,980
203,070
202,780
205,712
202,690
204,090
207,160
208,430
209,930
217,460
182,720
181,670
182,440
182,330
181,980
186,326
181,980
183,150
185,690
186,990
188,370
197,515
13,040
12,640
12,780
12,750
12,180
13,626
13,020
12,900
13,480
13,770
13,770
16,133
1,510
1,420
1,430
1,470
1,510
1,613
1,540
1,560
1,590
1,610
1,590
1,460
2,010
3,640
6,170
4,110
5,450
5,232
3,290
5,460
5,110
3,480
4,930
3,733
117,550
115,090
112,870
114,860
113,520
115,824
114,110
113,020
115,110
117,560
118,110
125,282
48,610
48,880
49,190
49,140
49,320
50,030
50,020
50,210
50,400
50,570
49,970
50,908
1,590
1,630
1,810
1,870
1,740
354
1,580
1,480
1,620
1,450
1,390
75
15,340
15,510
15,550
15,710
15,820
15,927
15,940
16,040
16,280
16,330
16,400
16,302
13,723
13,703
13,702
13,697
13,691
13,679
13,677
13,680
13,679
13,667
13,659
13,640
1957_j a n . 30..
Feb. 27..
Mar. 27..
Apr. 24..
M a y 29..
June 26..
July 31..
Aug. 28..
Sept. 25..
Oct. 30..
Nov. 27..
Dec. 31..
162,810 88,930 57,710
162,490 89,340 56,830
162,860 90,630 55,740
165,120 90,990 57,460
165,070 91,180 57,070
165,600 93,280 55,500
165,380 92,340 56,280
165,900 92,840 56,170
166,320 93,400 55,870
167,900 92,970 57,310
167,270 92,940 56,910
170,068 93,899 58,239
16,170
16,320
16,490
16,670
16,820
16,820
16,760
16,890
17,050
17,620
17,420
17,930
40,800
41,510
40,700
41,260
40,770
41,380
42,040
41,320
41,260
41,790
42,800
48,428
207,290
207,680
207,230
210,160
209,600
210,710
211,310
211,250
211,590
213,840
214,220
222,696
185,930
185,940
185,440
188,460
187,370
188,880
189,710
188,680
188,930
190,740
191,050
201,326
12,720
12,820
13,010
13,040
12,200
12,900
13,510
12,970
13,350
13,240
13,090
15,636
1,460
1,460
1,470
1,410
1,500
1,480
1,440
1,400
1,450
1,470
1,460
1,385
1,620
2,510
3,510
4,050
5,040
4,490
3,390
4,130
3,580
3,180
3,040
3,898
118,570
117,040
114,520
116,690
114,740
115,660
116,660
115,120
115,130
117,070
118,160
123,967
51,560
52,110
52,930
53,270
53,890
54,350
54,710
55,060
55,420
55,780
55,300
56,440
1,490
1,670
1,830
1,550
1,910
1,690
1,220
1,750
1,690
1,790
1,710
77
16,380
16,500
16,520
16,580
16,680
16,750
16,970
17,090
17,140
17,380
17,440
17,368
13,636
13,631
13,633
13,628
13,619
13,613
13,610
13,608
13,603
13,588
13,578
13,568
For note see p. 29.
27
3. PRINCIPAL ASSETS, LIABILITIES, AND NUMBER OF BANKS — Continued
B. COMMERCIAL BANKS, 1941-60 — Continued
[Single-date figures; amounts in millions of dollars]
Loans and investments
Date
Total
Loans
U.S.
Govt. Other
obliga- secutions
rities
Deposits
Total
assets—
Total
liaCash bilities
assets
and
capital
accounts 1
Interbank
Other
Borrowings
Demand
Total
Demand
Time
Time
U.S.
Govt.
Total Numcapital ber
acof
counts banks
Other
1958—Jan. 29..
Feb. 26..
Mar. 26..
Apr. 30..
M a y 28..
June 23..
July 30..
Aug. 27..
Sept. 24..
Oct. 29..
Nov. 26..
Dec. 31..
167,650
168,580
171,410
175,560
175,440
179,905
177,600
179,990
179,510
181,670
184,050
185,165
92,020
92,090
92,980
93,450
92,900
95,571
93,610
93,760
94,230
94,970
96,060
98,214
57,700
58,260
59,550
62,830
63,140
64,194
64,130
66,060
64,720
66,170
67,660
66,376
17,930
18,230
18,880
19,280
19,400
20,140
19,860
20,170
20,560
20,530
20,330
20,575
41,070
41,340
41,290
42,850
41,120
43,507
41,880
41,270
41,330
42,160
44,310
48,990
213,050
214,320
217,090
222,870
220,840
227,847
223,970
225,620
225,260
228,130
232,700
238,651
190,470
191,480
194,400
199,850
197,590
204,335
200,920
201,840
201,050
203,990
207,570
216,017
13,130
13,000
13,260
13,930
13,530
13,789
14,290
14,150
14,010
14,000
13,590
15,799
1,700
2,130
2,300
2,390
2,450
2,495
2,390
2,380
2,400
2,340
2,360
2,372
2,150
3,500
5,560
5,180
5,420
9,205
4,000
5,490
4,220
3,440
5,600
4,250
116,650
115,010
114,180
118,160
115,230
117,086
117,590
116,800
117,430
121,030
123,580
130,104
56,840
57,840
59,100
60,190
60,960
61,759
62,650
63,020
62,990
63,180
62,440
63,493
1,150
1,070
900
1,000
1,110
1,136
810
1,300
1,560
1,400
2,150
73
17,470
17,580
17,710
17,810
17,920
18,178
18,190
18,310
18,410
18,470
18,550
18,486
13,561
13,556
13,558
13,551
13,545
13,535
13,521
13,517
13,515
13,509
13,514
13,501
1959_j a n . 28..
Feb. 25..
Mar. 25..
Apr. 29..
M a y 27..
June 24..
July 29..
Aug. 26..
Sept. 30..
Oct. 28..
Nov. 25..
Dec. 31..
185,620
183,840
182,940
185,740
185,810
185,920
187,660
188,190
187,790
188,380
188,280
190,270
97,710
97,890
99,190
101,210
102,440
104,450
105,940
107,370
107,830
108,160
109,470
110,832
67,530
65,520
63,160
63,630
62,620
60,860
61,110
60,290
59,230
59,620
58,480
58,937
20,380
20,430
20,590
20,900
20,750
20,610
20,610
20,530
20,730
20,600
20,330
20,501
42,400
42,740
41,380
42,550
41,760
41,930
41,570
41,430
43,910
43,330
44,150
49,467
232,470
230,900
228,710
232,830
232,100
232,380
233,870
234,170
236,500
236,440
237,210
244,686
207,960
205,760
203,850
207,800
206,670
206,630
208,130
207,910
211,480
210,200
210,210
219,903
13,110
12,850
13,030
12,850
12,750
12,870
12,630
12,900
13,700
13,150
13,200
15,649
2,410
2,290
2,340
2,360
2,230
2,030
1,990
1,910
1,780
1,710
1,610
1,441
4,490
4,150
3,590
4,280
4,890
4,420
4,680
5,720
6,140
5,190
4,400
5,050
124,210
122,490
120,450
123,440
121,510
121,570
123,220
121,460
123,830
124,320
125,930
131,593
63,740
63,980
64,440
64,870
65,290
65,740
65,610
65,920
66,030
65,830
65,070
66,169
1,770
2,210
2,050
2,090
2,240
2,710
2,580
2,770
1,410
2,480
2,860
615
18,570
18,620
18,730
18,890
18,990
19,030
19,170
19,340
19,440
19,500
19,590
19,556
13,512
13,504
13,494
13,491
13,482
13,479
13,476
13,486
13,478
13,478
13,476
13,474
I960—Jan. 27..
Feb. 24..
Mar. 30..
Apr. 27..
M a y 25..
June 29..
July 27..
Aug. 31..
Sept. 28..
Oct. 26..
Nov. 30..
Dec. 31..
187,780
186,540
185,680
188,810
188,580
188,900
190,890
191,240
193,270
195,580
195,490
199,509
109,550
110,250
111,390
112,950
113,630
114,840
114,170
114,660
115,430
114,790
115,010
117,642
57,980
56,170
54,160
55,830
55,140
54,210
56,700
56,580
57,690
60,390
60,180
61,003
20,250
20,120
20,130
20,030
19,810
19,850
20,020
20,000
20,150
20,400
20,300
20,864
42,470
42,780
41,780
42,610
41,360
42,880
43,010
43,080
43,710
45,100
46,110
52,150
235,280
234,300
232,590
236,480
234,980
237,040
239,270
240,000
242,530
246,290
247,290
257,552
208,650
206,810
204,350
208,080
206,090
209,010
210,420
210,240
213,520
216,580
218,230
229,843
12,920
12,710
12,680
12,520
12,210
13,300
13,070
13,500
13,670
14,180
15,600
17,079
1,390
1,290
1,270
1,470
1,490
1,440
1,480
1,610
1,670
1,690
1,740
1,799
3,540
4,480
4,410
4,480
6,880
7,060
6,230
5,440
7,390
5,970
5,360
5,945
125,290
122,690
119,690
123,090
118,690
119,540
121,430
120,570
121,100
124,420
125,260
133,379
65,510
65,640
66,300
66,520
66,820
67,670
68,210
69,120
69,690
70,320
70,270
71,641
2,340
2,820
3,290
3,000
3,180
2,170
2,590
2,920
2,050
2,480
1,330
163
19,650
19,730
19,860
19,960
20,110
20,280
20,380
20,580
20,660
20,810
21,000
20,986
13,480
13,482
13,482
13,480
13,486
13,485
13,484
13,483
13,485
13,474
13,470
13,472
For note see p. 29.
28
3. PRINCIPAL ASSETS, LIABILITIES, AND NUMBER OF BANKS — Continued
C. MUTUAL SAVINGS BANKS, 1941-60
[Single-date figures; amounts in millions of dollars]
Loans and investments
Call date
Investments
Total
Loans
Total
U.S. Government
Other
obligations securities
Cash
assets
Total
assets—
Total
liabilities
and
capital
accountsl
Total
deposits
Total
capital
accounts
Number
of
banks
1941_june 30.
Dec. 31.
10,321
10,379
4,958
4,901
5,363
5,478
3,426
3,704
1,937
1,774
968
793
11,996
11,804
10,648
10,533
1,312
1,241
550
548
1942—June 30.
Dec. 31.
10,360
10,754
4,822
4,695
5,538
6,059
3,891
4,572
1,647
1,487
753
663
11,682
11,933
10,395
10,668
1,249
1,236
547
546
1943_june 30.
Dec. 31.
11,248
11,871
4,581
4,484
6,666
7,387
5,290
6,090
1,376
1,297
722
797
12,429
13,046
11,141
11,738
1,247
1,276
545
545
1944_june 30.
Dec. 30.
12,976
13,931
4,414
4,370
8,562
9,560
7,306
8,328
1,257
1,232
535
584
13,836
14,788
12,471
13,376
1,325
1,378
544
543
1945—June 30.
Dec. 31.
15,134
16,208
4,307
4,279
10,827
11,928
9,588
10,682
1,240
1,246
583
609
15,951
17,020
14,426
15,385
1,477
1,592
542
542
1946—June 29.
Dec. 31.
17,125
17,704
4,356
4,526
12,769
13,179
11,438
11,778
1,331
1,400
747
818
18,054
18,703
16,281
16,869
1,715
1,784
541
541
1947—June 30.
Dec. 31.
18,339
18,641
4,686
4,944
13,653
13,696
12,140
11,978
1,513
1,718
839
886
19,362
19,714
17,442
17,763
1,842
1,889
533
533
1948—June 30.
Dec. 31.
19,226
19,395
5,234
5,686
13,992
13,709
11,976
11,476
2,016
2,233
832
878
20,252
20,474
18,211
18,405
1,955
1,999
532
532
1949—June 30.
Dec. 31.
20,094
20,400
6,050
6,578
14,044
13,822
11,657
11,428
2,387
2,394
800
873
21,105
21,493
18,949
19,293
2,065
2,122
530
531
1950—June 30.
Dec. 30.
21,192
21,346
7,203
8,137
13,989
13,209
11,569
10,868
2,420
2,342
831
797
22,252
22,385
19,943
20,031
2,189
2,247
530
529
1951—June 30.
Dec. 31.
21,697
22,259
9,020
9,862
12,677
12,398
10,205
9,819
2,472
2,579
851
886
22,835
23,439
20,404
20,915
2,285
2,407
529
529
1952—June 30.
Dec. 31.
23,091
24,003
10,509
11,349
12,582
12,654
9,606
9,422
2,976
3,231
966
918
24,378
25,233
21,782
22,621
2,438
2,479
529
529
1953—June 30.
Dec. 31.
25,124
25,810
12,091
12,925
13,033
12,885
9,464
9,184
3,569
3,701
867
983
26,333
27,130
23,628
24,398
2,516
2,559
528
528
1954—June 30.
Dec. 31.
26,959
27,868
13,890
14,998
13,069
12,871
9,017
8,748
4,052
4,123
987
1,026
28,315
29,276
25,440
26,359
2,626
2,694
528
527
1955—June 30.
Dec. 31.
28,990
29,898
16,172
17,456
12,818
12,442
8,675
8,460
4,142
3,982
989
965
30,382
31,274
27,334
28,187
2,757
2,812
528
527
1956—June 30.
Dec. 31.
31,066
31,940
18,639
19,777
12,427
12,163
8,297
7,971
4,130
4,192
917
920
32,421
33,311
29,184
30,032
2,885
2,947
527
527
1957—June 6.
Dec. 31.
32,950
33,782
20,487
21,216
12,463
12,565
7,906
7,552
4,557
5,013
839
890
34,254
35,168
30,678
31,695
3,042
3,059
525
522
1958—June 23.
Dec. 31.
35,274
36,320
22,237
23,357
13,037
12,963
7,417
7,265
5,620
5,698
916
921
36,678
37,779
32,869
34,040
3,181
3,219
520
519
1959—June 10
Dec. 31
37,221
37,561
24,149
25,126
13,072
12,435
7,349
6,864
5,724
5,570
780
829
38,526
38,943
34,503
34,983
3,315
3,359
518
517
I960—June 15
Dec. 31
38,300
39,114
26,069
27,122
12,230
11,992
6,628
6,239
5,603
5,752
764
872
39,598
40,574
35,335
36,353
3,465
3,553
515
514
1
Includes other assets and liabilities not shown separately.
29
4. NUMBER AND DEPOSITS OF COMMERCIAL AND
[June and
NUMBER
Commercial banks
Mutual savings banks
Call date
Total
Member banks
Nonmember banks
Total
Total
National
State
Total
Insured
Noninsured
Total
Insured
Noninsured
1941—June 30.
Dec. 3 1 .
14,855
14,826
14,305
14,278
6,556
6,619
5,130
5,117
1,426
1,502
7,752
7,662
6,869
6,810
883
852
550
548
53
52
497
496
1942—June 30.
Dec. 3 1 .
14,775
14,682
14,228
14,136
6,647
6,679
5,101
5,081
1,546
1,598
7,584
7,460
6,755
6,667
829
793
547
546
53
56
494
490
1943_j U ne30.
Dec. 3 1 .
14,618
14,579
14,073
14,034
6,703
6,738
5,060
5,040
1,643
1,698
7,373
7,299
6,598
6,535
775
764
545
545
61
184
484
361
1944_june30.
Dec. 30.
14,553
14,535
14,009
13,992
6,773
6,814
5,036
5,025
1,737
1,789
7,239
7,181
6,494
6,452
745
729
544
543
192
192
352
351
1945—June 30.
Dec. 3 1 .
14,542
14,553
14,000
14,011
6,840
6,884
5,015
5,017
1,825
1,867
7,163
7,130
6,440
6,416
723
714
542
542
192
192
350
350
1946—June 29.
Dec. 3 1 .
14,567
14,585
14,026
14,044
6,887
6,900
5,012
5,007
1,875
1,893
7,142
7,147
6,446
6,457
696
690
541
541
191
191
350
350
1947_june30.
Dec. 3 1 .
14,716
14,714
14,183
14,181
6,928
6,923
5,012
5,005
1,916
1,918
7,258
7,261
6,461
6,478
797
783
533
533
191
194
342
339
1948—June 30.
Dec. 3 1 .
14,719
14,703
14,187
14,171
6,925
6,918
4,998
4,991
1,927
1,927
7,265
7,256
6,493
6,498
772
758
532
532
193
193
339
339
1949—June 30.
Dec. 3 1 .
14,680
14,687
14,150
14,156
6,903
6,892
4,987
4,975
1,916
1,917
7,250
7,267
6,517
6,540
733
727
530
531
191
192
339
339
1950_june30.
Dec. 30.
14,674
14,650
14,144
14,121
6,885
6,873
4,971
4,958
1,914
1,915
7,262
7,251
6,553
6,562
709
689
530
529
192
194
338
335
1951—June 30.
Dec. 3 1 .
14,636
14,618
14,107
14,089
6,859
6,840
4,946
4,939
1,913
1,901
7,251
7,252
6,581
6,602
670
650
529
529
201
202
328
327
1952—June 30.
Dec. 3 1 .
14,070
14,046
6,815
6,798
4,925
4,909
1,890
1,889
7,258
7,251
6,622
6,627
636
624
529
529
205
206
324
323
1953_j U ne3O.
Dec. 3 1 .
14,599
14,575
14,537
14,509
14,009
13,981
6,765
6,743
4,874
4,856
1,891
1,887
7,247
7,241
6,655
6,672
592
569
528
528
213
219
315
309
1954—June 30.
Dec. 3 1 .
14,465
14,367
13,937
13,840
6,721
6,660
4,835
4,789
1,886
1,871
7,219
7,183
6,662
6,647
557
536
528
527
219
218
309
309
1955—June 30.
Dec. 3 1 .
14,309
14,243
13,781
13,716
6,611
6,543
4,744
4,692
1,867
1,851
7,173
7,176
6,660
6,677
513
499
528
527
218
220
310
307
1956—June 30.
Dec. 3 1 .
14,206
14,167
13,679
13,640
6,499
6,462
4,667
4,651
1,832
1,811
7,183
7,181
6,713
6,737
470
444
527
527
220
223
307
304
1957—June 6 . .
Dec. 3 1 .
14,144
14,090
13,619
13,568
6,445
6,393
4,647
4,620
1,798
1,773
7,177
7,178
6,748
6,753
429
425
525
522
234
239
1958—June 2 3 .
Dec. 3 1 .
14,055
14,020
13,535
13,501
6,357
6,312
4,599
4,578
1,758
1,734
7,181
7,192
6,768
6,793
413
399
520
519
239
241
291
283
281
278
1959_june 10.
Dec. 3 1 .
13,988
13,991
13,470
13,474
6,280
6,233
4,559
4,542
1,721
1,691
7,193
7,244
6,810
6,878
383
366
518
517
251
268
267
249
I960—June 15.
Dec. 3 1 .
14,006
13,986
13,491
13,472
6,217
6,174
4,542
4,530
1,675
1,644
7,276
7,300
6,926
6,948
350
352
515
514
268
325
247
189
30
MUTUAL SAVINGS BANKS, BY CLASS OF BANK, 1941-60
December call dates]
DEPOSITS
[In millions of dollars]
Commercial banks
Mutual savings banks
Total
Member banks
Nonmember banks
Total
Total
National
State
Total
Insured
Noninsured
Call date
Total
Insured
Noninsured
78,120
81,816
67,472
71,283
58,512
61,717
37,273
39,458
21,238
22,259
8,969
9,574
7,104
7,702
1,865
1,872
10,648
10,533
1,803
1,789
8,845
8,744
.June 30—1941
.Dec. 31
82,706
99,796
72,311
89,132
63,404
78,277
40,534
50,468
22,871
27,808
8,915
10,864
7,754
9,535
1,161
1,329
10,395
10,664
1,864
2,048
8,531
8,616
.June 30—1942
.Dec. 31
107,224
117,661
96,083
105,923
84,016
92,262
54,589
59,961
29,427
32,302
12,076
13,671
10,557
11,842
1,519
1,829
11,141
11,738
2,739
7,534
8,402
4,203
.June 30—1943
.Dec. 31
128,605
141,449
116,133
128,072
101,276
110,917
65,585
71,858
35,690
39,059
14,869
17,168
12,880
14,809
1,989
2,358
12,471
13,376
8,235
8,910
4,236
4,466
.June 30—1944
.Dec. 30
151,033
165,612
136,607
150,227
118,378
129,670
76,533
84,939
41,844
44,730
18,242
20,571
15,880
18,119
2,362
2,452
14,426
15,385
9,671
10,363
4,754
5,022
.June 30—1945
.Dec. 31
159,171
155,902
142,890
139,033
122,519
118,170
80,212
78,775
42,307
39,395
20,387
20,879
18,108
18,836
2,279
2,043
16,281
16,869
10,979
11,428
5,302
5,442
.June 29—1946
.Dec. 31
153,349
161,865
135,907
144,103
115,435
122,528
77,146
82,023
38,289
40,505
20,488
21,591
18,240
19,340
2,248
2,251
17,442
17,763
11,901
12,207
5,541
5,556
.June 30—1947
.Dec. 31
156,353
161,248
138,142
142,843
117,452
121,362
78,753
81,407
38,699
39,955
20,706
21,497
18,509
19,296
2,197
2,201
18,211
18,405
12,581
12,772
5,630
5,633
.June 30—1948
.Dec. 31
156,470
164,467
137,520
145,174
116,980
123,885
78,219
83,113
38,761
40,772
20,556
21,305
18,410
19,269
2,146
2,036
18,949
19,293
13,241
13,592
5,709
5,702
.June 30—1949
.Dec. 31
163,770
175,296
143,827
155,265
122,707
133,089
82,430
89,281
40,277
43,808
21,137
22,193
19,108
20,216
2,029
1,976
19,943
20,031
14,128
14,320
5,815
5,711
.June 30—1950
.Dec. 30
171,860
185,756
151,457
164,840
129,737
141,015
86,589
94,173
43,149
46,843
21,737
23,843
19,741
21,912
1,996
1,932
20,404
20,915
14,924
15,368
5,479
5,547
.June 30—1951
Dec. 31
184,130
195,552
162,348
172,931
138,769
147,527
92,720
98,974
46,049
48,553
23,598
25,424
21,606
23,464
1,993
1,960
21,782
22,621
16,081
16,785
5,702
5,836
June 30—1952
Dec. 31
189,159
201,100
165,531
176,702
140,830
150,164
94,475
100,654
46,355
49,510
24,722
26,560
22,841
24,555
1,880
2,005
23,628
24,398
17,695
18,383
5,933
6,015
June 30—1953
Dec. 31
199,508
211,115
174,068
184,757
148,252
157,252
99,362
105,851
48,890
51,401
25,838
27,528
23,819
25,657
2,020
1,871
25,440
26,359
19,195
19,885
6,246
6,474
June 30—1954
Dec. 31
208,850
220,441
181,516
192,254
154,670
163,757
98,636
103,903
56,034
59,854
26,870
28,522
25,082
26,779
1,788
1,742
27,334
28,187
20,590
21,237
6,743
6,950
June 30—1955
Dec. 31
215,510
227,546
186,326
197,515
158,388
167,906
100,826
107,161
57,563
60,744
27,962
29,635
26,316
28,073
1,646
1,562
29,184
30,032
21,959
22,886
7,225
7,146
June 30—1956
Dec. 31
216,986
233,020
186,308
201,326
157,593
170,637
100,989
109,091
56,605
61,545
28,740
30,715
27,292
29,266
1,448
1,449
30,678
31,695
23,578
25,022
7,100
6,672
237,204
250,057
204,335
216,017
173,904
182,816
110,065
116,714
63,839
66,102
30,458
33,227
28,942
31,696
1,516
1,532
32,869
34,040
26,082
27,277
6,787
6,763
June 6 1957
Dec. 31
June 23—1958
Dec. 31
242,096
254,885
207,594
219,903
174,811
184,706
112,659
119,638
62,152
65,069
32,810
35,224
31,365
33,795
1,444
1,429
34,503
34,983
28,041
28,577
6,461
6,405
June 10—1959
Dec. 31
249,163
266,196
213,829
229,843
179,519
193,029
116,178
124,911
63,341
68,118
34,328
36,834
32,942
35,391
1,386
1,443
35,335
36,353
28,824
31,502
6,511
4,850
June 15—1960
Dec. 31
31
5. CHANGES IN THE NUMBER OF COMMERCIAL BANKS, BY
Character of change
Total
1941
1942
1943
1945
1944
1946
1947
1948
1949
1950
All commercial banks
Increase
Primary organizations.
Unclassified1
1,909
1,734
175
54
53
1
27
22
5
53
49
4
69
69
118
117
1
144
144
234
111
123
80
Decrease
Suspensions
Consolidations and absorptions:
Converted into branches
Other
Voluntary liquidations
Unclassified
2,781
64
120
8
168
9
153
4
111
1
99
111
97
1
90
2,336
362
19
60
42
10
89
69
1
86
62
1
72
38
80
19
54
40
17
55
29
11
1
56
19
12
3
14,278
14,136
14,034 13,992
14,011
14,044
14,181
14,171
Number at end of year.
78
72
6
69
68
1
93
4
58
19
12
104
1
71
20
12
14,156 14,121
National banks
Increase
Primary organizations
Conversions from State member.
Conversions1 from nonmember
Unclassified
477
315
78
74
10
13
7
4
2
Decrease
Suspensions
Consolidations and absorptions:
Converted into branches
Other
Voluntary liquidations
Conversions to State member....
Conversions to nonmember
Unclassified
1,091
11
40
4
41
960
45
5
69
1
22
28
7
6
2
6
5,117
Number at end of year.
5,081
13
3
5
5
21
33
17
7
9
35
21
11
3
27
19
6
2
54
2
36
41
45
29
27
5
34
2
21
19
3
5,025
5,017
5,007
5,040
19
12
4
3
32
35
29
21
9
24
7
2
1
1
21
6
1
5,005
4,991
4,975
4,958
4,939
State member banks
2
104
117
4
113
113
5
108
95
8
87
65
9
56
52
14
38
32
5
27
22
6
15
1
17
8
9
12
10
17
22
17
39
27
23
32
19
1,499
1,595
1,695
1,786
1,864
1,890
1,915
1,924
1,914
1,912
Increase
Primary organizations
Admissions of nonmember.
Conversions from national.
Unclassified *
932
108
817
5
2
169
Decrease
Suspensions
Consolidations and absorptions:
Converted into branches
Other
Voluntary liquidations
Conversions to national
Withdrawals from membership. .
Unclassified
632
2
166
2
106
374
12
78
166
Number at end of year.
Nonmember commercial banks
Increase
Primary organizations
Conversions from national
Withdrawals from membership.
Unclassified i
1,710
1,311
69
166
164
57
45
6
5
1
33
20
6
2
5
56
42
7
3
4
67
56
4
7
100
92
5
2
127
114
2
11
207
78
1
5
123
66
60
2
4
72
54
1
11
6
59
53
1
4
1
Decrease
Suspensions
Consolidations and absorptions:
Converted into branches
Other
Voluntary liquidations
Conversions to national
Admissions to membership
Unclassified
2,268
51
253
4
234
9
215
2
185
1
151
110
93
1
71
61
4
75
1
1,002
37
34
2
166
10
56
61
3
104
1
45
49
5
113
1
37
32
7
108
21
18
25
18
19
9
20
9
39
13
12
3
56
8
2
38
1
11
2
27
3
10
3
15
11
2
9
7,662
7,460
7,299
7,181
7,147
7,261
7,256
7,267
7,251
Number at end of year.
305
74
817
19
1
Includes reopenings of suspended banks in the following years:
1942—1 nonmember; 1953—1 State member and 2 nonmember; and
1957_1 national; total for 1941-60, 5.
32
38 f
I
17
9
87
7,130
1,898
CLASS OF BANK AND BY CHARACTER OF CHANGE, 1941-60
1953
1954
1955
1956
1958
1957
1959
1960
Character of change
All commercial banks
67
64
3
75
73
2
116
116
123
123
91
89
2
97
97
145
117
28
135
135
.Increase
. . . Primary organizations
. . . Unclassified 1
132
4
216
3
240
4
199
3
163
3
164
8
172
3
137
2
92
23
10
3
175
31
7
204
27
5
166
23
7
134
23
3
126
25
5
148
18
3
106
25
4
. Decrease
. . . Suspensions
. . . Consolidations and absorptions:
Converted into branches
Other
. . . Voluntary liquidations
. . . Unclassified
13,981
13,840
13,716
13,640
13,568
13,501
13,474 13,472
.Number at end of year
National banks
31
18
4
8
1
67
98
80
14
1
4
4,856
4,789
26
20
2
2
2
25
19
3
3
37
23
6
1
7
133
2
115
10
1
1
3
80
1
57
67
1
73
65
10
45
8
56
9
64
7
4,692
4,651
1
4,620
4,578
.Increase
. . . Primary organizations
. . . Conversions from State member
. . . Conversions lfrom nonmember
. . . Unclassified
59
2
9
4,542
4,530
.Decrease
. . . Suspensions
. . .Consolidations and absorptions:
Converted into branches
Other
. . . Voluntary liquidations
. . . Conversions to State member
. . . Conversions to nonmember
. . . Unclassified
.Number at end of year
State member banks
21
10
10
23
.Increase
. . . Primary organizations
. . . Admissions of nonmember
. . . Crviversions from national
. . . Unclassified *
34
42
22
4
1,884
1,868
1,848
56
48
1
48
52
36
3
26
6
25
5
27
3
1
6
15
1,808
1,770
1,731
1,688
1,642
132
98
9
25
58
. Decrease
. . . Suspensions
. . . Consolidations and absorptions:
Converted into branches
Other
. . .Voluntary liquidations
. . . Conversions to national
. . . Withdrawals from membership
. . . Unclassified
.Number at end of year
Nonmember commercial banks
57
89
84
3
2
104
87
3
14
82
66
3
13
92
76
1
15
128
90
2
15
21
115
3
96
2
99
2
85
1
78
7
76
3
73
13
6
8
12
55
13
4
6
16
65
10
5
7
10
63
9
3
2
7
45
11
5
3
7
57
8
2
1
5
7,183
7,176
7,181
7,178
7,192
7,244
52
42
4
4
2
49
3
4
1
62
3
24
11
10
1
10
3
7,241
.Increase
. . . Primary organizations
. . . Conversions from national
. . . Withdrawals from membership
...Unclassified 1
. Decrease
. . . Suspensions
. . . Consolidations and absorptions:
Converted into branches
Other
. . .Voluntary liquidations
. . . Conversions to national
. . .Admissions to membership
. . . Unclassified
7,300
33
. Number at end of year
6. NUMBER OF BANKS ON THE PAR LIST AND NOT ON THE PAR LIST,
[End of
F. R. district and class of bank
All districts:
On par list total . .
Member
Nonmember
.
Not on par list (nonmember)
...
....
Boston:
On par list, total
Member
Nonmember
Not on par list (nonmember)
New York:
On par list total
Member
Nonmember
.
Not on par list (nonmember)
..
Philadelphia:
On par list total
Member
Nonmember
Not on par list (nonmember)
Cleveland:
On par list total
Member
Nonmember
Not on par list (nonmember)
Richmond:
On par list total
Member
Nonmember
Not on par list (nonmember)
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
. . . . 11,543
6,619
. . . . 4,924
2,731
11,422
6,679
4,743
2,710
11,501
6,738
4,763
2,529
11,552
6,814
4,738
2,445
11,876
6,884
4,992
2,133
11,957
6,894
5,063
2,086
12,037
6,917
5,120
2,041
12,061
6,912
5,149
2,011
12,178
6,887
5,291
1,873
12,162
6,868
5,294
1,853
12,158
6,835
5,323
1,829
509
347
508
348
504
346
490
336
493
336
495
336
485
329
475
325
471
160
158
503
347
495
340
162
156
155
154
157
159
156
150
323
148
992
797
195
987
799
188
976
806
170
964
816
148
955
814
141
936
801
135
926
797
129
908
783
125
894
768
126
873
751
122
858
737
121
883
659
224
873
652
221
862
646
216
858
647
211
851
647
204
846
649
197
844
647
197
841
645
196
836
640
196
835
639
196
829
632
197
1,211
673
538
2
1,195
685
510
2
1,183
707
476
2
1,180
710
470
1
1,177
721
1,168
722
1,145
710
1,134
704
1,125
700
1,117
693
1,106
685
456
446
435
430
425
424
421
756
472
284
785
475
310
790
475
315
798
478
320
804
479
325
804
477
327
812
477
335
203
196
722
722
724
733
447
275
460
262
468
265
289
288
465
259
284
274
399
317
82
704
405
318
87
693
400
316
84
696
Chicago:
On par list total
Member
Nonmember
Not on par list (nonmember)
2,237
899
1,338
220
2,226
925
1,301
215
St. Louis:
On par list, total
Member
Nonmember
Not on par list (nonmember)
1,058
437
621
443
Minneapolis:
On par list total
Member
Nonmember
Not on par list (nonmember)
208
249
228
408
316
92
696
489
325
164
626
516
331
185
628
547
340
207
619
557
346
211
626
577
351
226
611
596
353
243
601
355
263
2,349
953
1,396
86
2,361
969
1,392
71
2,396
995
1,401
62
2,416
999
1,417
57
2,428
1 000
1,428
56
2,434
1,003
1,431
54
2,490
1 001
1,489
2,487
1,005
1,482
2,483
1,009
1,474
1,035
450
585
446
1,051
456
595
413
1,073
475
598
387
1,093
490
603
366
1,111
495
616
356
1,115
495
620
352
1,126
495
631
343
1,135
496
639
337
1,134
496
638
336
1,139
495
644
325
567
452
115
716
557
454
103
718
555
454
101
715
566
467
99
702
588
472
116
685
592
470
122
680
609
475
134
669
620
476
144
658
678
478
200
600
677
All
200
598
677
476
201
597
Kansas City:
On par list total
Member
Nonmember
Not on par list (nonmember)
1,646
741
905
176
1,608
744
864
173
1,593
741
852
167
1,590
749
841
164
1,732
751
981
15
1,731
753
978
19
1,740
758
982
11
1,740
760
980
9
1,740
756
984
9
1,749
756
993
9
1,743
751
992
9
Dallas:
On par list, total
Member
Nonmember
Not on par list (nonmember)
814
573
241
152
809
570
239
149
814
575
239
143
824
580
244
136
849
585
264
120
868
595
273
113
897
613
284
110
906
618
288
109
914
623
291
108
922
630
292
106
931
633
298
103
San Francisco:
On par list total
Member
Nonmember
Not on par list (nonmember)
505
277
228
29
497
274
223
26
490
273
217
23
492
270
222
14
495
272
223
10
498
268
230
5
503
271
232
4
502
268
234
1
500
266
234
493
266
227
491
262
229
Atlanta:
On par list total
Member
Nonmember
...
Not on par list (nonmember)
...
34
220
211
618
599
BY FEDERAL RESERVE DISTRICT AND BY CLASS OF BANK, 1941-60
year]
1952
1953
1954
1955
1956
1957
1958
1959
1960
12,122 12,085
6,792 6,737
5,330
5,348
1,820
1,801
11,960
6,654
5,306
1,787
11,862
6,537
5,325
1,785
11,815
6,456
5,359
1,754
11,759
6,387
5,372
1,741
11,722
6,306
5,416
1,719
11,695
6,227
5,468
1,690
11,711
6,169
5,542
1,672
469
321
148
464
316
148
454
311
143
444
303
141
435
298
137
430
293
137
422
286
136
415
276
139
408
268
140
Boston:
.. . On par list, total
Member
Nonmember
. . . Not on par list (nonmember)
837
720
117
814
700
114
787
680
107
728
625
103
685
586
99
655
559
96
630
530
100
602
507
95
585
491
94
New York:
. .. On par list, total
Member
Nonmember
. . . Not on par list (nonmember)
820
621
199
799
607
192
777
587
190
743
563
180
717
547
170
698
533
165
672
513
159
651
499
152
636
488
148
Philadelphia:
. . . On par list, total
Member
Nonmember
. . . Not on par list (nonmember)
1,090
673
417
1,065
652
413
1,029
632
397
1,002
615
387
986
606
380
976
599
377
964
589
375
938
572
366
928
565
363
Cleveland:
.. . On par list, total
Member
Nonmember
. . . Not on par list (nonmember)
812
477
335
193
814
477
337
193
817
476
341
187
821
473
348
177
819
470
349
168
816
465
351
162
806
455
351
157
797
447
350
151
785
435
350
143
Richmond:
. .. On par list, total
Member
Nonmember
. . . Not on par list (nonmember)
630
360
270
594
642
363
279
589
659
373
286
585
682
379
303
586
721
391
330
577
737
397
340
575
757
401
356
566
780
403
377
557
809
418
391
558
Atlanta:
. . . On par list, total
Member
Nonmember
. . . Not on par list (nonmember)
2,476
1,005
1,471
2,480
1,011
1,469
2,485
1,017
1,468
2,484
1,022
1,462
2,477
1,020
1,457
2,473
1,019
1,454
2,473
1,018
1,455
2,464
1,005
1,459
2,470
997
1,473
1,140
493
647
323
1,144
493
651
316
1,142
490
652
315
1,151
492
659
308
1,165
492
673
300
1,167
491
676
300
1,174
489
685
293
1,184
488
696
290
1,187
480
707
289
St. Louis:
. . . On par list, total
Member
Nonmember
. . . Not on par list (nonmember)
676
476
200
600
677
472
205
598
679
473
206
601
684
473
211
601
688
473
215
599
691
474
217
599
694
476
218
599
701
477
224
597
708
474
234
598
Minneapolis:
. . . On par list, total
Member
Nonmember
. . . Not on par list (nonmember)
1,745
752
993
9
1,752
753
999
7
1,747
749
998
7
1,752
749
1,003
7
1,758
752
1,006
6
1,755
749
1,006
1,757
749
1,008
6
1,768
755
1,013
6
1,770
756
1,014
4
Kansas City:
. . . On par list, total
Member
Nonmember
. . . Not on par list (nonmember)
939
634
305
101
947
635
312
98
957
632
325
92
969
634
335
91
986
634
352
89
1,001
634
367
84
1,014
631
383
83
1,036
633
403
81
1,063
632
431
77
Dallas:
. .. On par list, total
Member
Nonmember
. . . Not on par list (nonmember)
488
260
228
487
258
229
427
234
193
402
209
193
15
378
187
191
15
360
174
186
15
359
169
190
15
359
165
194
362
165
197
3
San Francisco:
. . .On par list, total
Member
Nonmember
. . . Not on par list (nonmember)
35
F. R. district and class of bank
All districts:
. .. On par list, total
Member
Nonmember
. . . Not on par list (nonmember)
Chicago:
. . . On par list, total
Member
Nonmember
. . . Not on par list (nonmember)
@FedFRASER